Outgoing Deloitte boss took home £3.3m last year February 9, 2020 The outgoing boss of Deloitte took home £3.3m last year, the audit giant’s accounts show. David Sproul stepped down as chief executive and senior partner of the firm’s north and south Europe partnership (which includes the UK) last year to take up the role of global deputy chief executive of the firm. His pay increased [...]
Three companies that are on major hiring sprees right now August 16, 2021 If you’re currently on the lookout for a new and exciting job, we have some pretty good news for you. We’ve noticed a real spike in the amount of jobs popping up on our brilliant job board lately. Incredible companies in London (and beyond, if you feel like a new adventure) are on hiring sprees [...]
Ed Warner: Kicked off, tipped off, switched off September 8, 2022 One of the joys of writing Sport inc. is the flow of suggestions from readers of subjects to cover. In the past week alone: the highly leveraged balance sheets of Premiership rugby clubs ahead of the new season, the continuing scandal of the lack of financial support for Britain’s international basketball teams, the prohibitive cost [...]
Top finance brass bet on Bank of England rate hike October 18, 2021 The UK’s top finance brass are becoming increasingly confident the Bank of England will hike interest rates. Over half of chief financial officers (CFO) think rates will rise to at least 0.5 per cent by this time next year, research by Deloitte has found. Higher interest rate expectations have strengthened over the last three months, [...]
KPMG UK revenues soar to £2.72bn as chief rules out split January 31, 2023 KPMG’s UK business today posted double digit revenue growth for the second year in a row on the back of fast-paced expansion in its consulting and M&A deals advisory divisions. In an interview with City A.M., KPMG UK’s chief executive said the “very strong financial performance” signalled the strength of KPMG’s “multidisciplinary” model, as he [...]
Bank of England record recession warning reinforced by fresh research November 7, 2022 A new survey out today reinforces the Bank of England’s warning last week that the UK is headed for the longest recession on record. The economy last month was functioning at the same level as during the teeth of the 2021 winter Covid-19 lockdown, according to consultancy BDO. The firm’s output index, which measures the [...]
Executives’ pay slashed for fourth year in a row July 3, 2021 Chief executives of Britain’s leading companies had their pay slashed for the fourth straight year, according to new figures. The median pay of chief executives of firms included in the blue chip FTSE 100 fell to £2.85m in 2020, down from £3.3m in the previous year, show figures published by Deloitte. Read more: Citigroup boosts [...]
England women’s cricket chief on the case for investment in The Hundred August 30, 2024 While the first ever Olympic Games with an equal number of male and female athletes competing took place this summer, The Hundred has put its eight men’s and women’s cricket teams on an equal platform since its launch in 2021. Beth Barrett-Wild, director of the women’s professional game at the England and Wales Cricket Board, [...]
Mark Kleinman: Boots owner Walgreens has shot itself in foot July 4, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
New Tricks: Video streaming sites are trending among over-65s August 17, 2021 The pandemic has encouraged 65 to 75 year olds to start using video streaming sites such as Netflix and Amazon Prime. Almost three fifths of consumers in this age bracket, some 57 per cent, have access to a video streaming service as of 2021. The figure marks an increase of 19 percentage points compared to [...]