Resurgence of business demand boosts recovery for London hotels September 16, 2010 A ROBUST recovery in the fortunes of London’s hotel industry is set to continue apace over the next year, according to new research out today. The average room rate at hotels within the capital is set to rise seven per cent in 2010 to £124, according to the latest PricewaterhouseCoopers UK Hotels Forecast, boosted by [...]
British jobs market still deteriorating October 13, 2010 FURTHER signs of a deteriorating jobs market emerged yesterday, intensifying fears of a second wave of rising unemployment as a leading report showed that the private sector could lose 500,000 jobs as a result of government cuts. Official data showed that the number of people claiming Job Seeker’s Allowance last month rose by 5,300 to [...]
British jobs market still deteriorating October 13, 2010 FURTHER signs of a deteriorating jobs market emerged yesterday, intensifying fears of a second wave of rising unemployment as a leading report showed that the private sector could lose 500,000 jobs as a result of government cuts. Official data showed that the number of people claiming Job Seeker’s Allowance last month rose by 5,300 to [...]
Highland Airways calls in PwC as it goes into administration March 25, 2010 HIGHLAND Airways has called in the administrators after discussions with potential investors failed to come to fruition, the company said yesterday. PricewaterhouseCoopers were called in on Wednesday night by board members at the carrier, which operates a fleet of nine aircraft servicing the remote western isles of Scotland. All of the company’s flights have been [...]
Auditor calls for shake up September 28, 2010 GRANT Thornton, the fifth largest audit firm, has urged the government to review the market share held by the big four accounting firms in a bid to reduce threats to the financial markets should one of them fail. In a submission to the House of Lords’ inquiry into auditors, and as reported by the Financial [...]
Auditor calls for shake up September 28, 2010 GRANT Thornton, the fifth largest audit firm, has urged the government to review the market share held by the big four accounting firms in a bid to reduce threats to the financial markets should one of them fail. In a submission to the House of Lords’ inquiry into auditors, and as reported by the Financial [...]
Pension tax relief to hit high earners October 14, 2010 UP TO 200,000 high earners could be hit by the pension tax relief cut – 100,000 more than the coalition has estimated. The government yesterday announced it will slash the annual allowance on pensions tax relief from £255,000 to just £50,000. While experts say this will affect less that one per cent of the overall [...]
Pension tax relief to hit high earners October 14, 2010 UP TO 200,000 high earners could be hit by the pension tax relief cut – 100,000 more than the coalition has estimated. The government yesterday announced it will slash the annual allowance on pensions tax relief from £255,000 to just £50,000. While experts say this will affect less that one per cent of the overall [...]
Accountants hit as FTSE 100 skimps on bills September 6, 2010 DESPITE increasing fees during 2010, top accountants in the UK have reported a three per cent decline in the amount they collected from FTSE 100 clients, new research shows. During the 2009 to 2010 financial year, FTSE 100 companies paid £891.9m in both audit and non-audit fees, marking a drop from the previous year when [...]
Accountants hit as FTSE 100 skimps on bills September 6, 2010 DESPITE increasing fees during 2010, top accountants in the UK have reported a three per cent decline in the amount they collected from FTSE 100 clients, new research shows. During the 2009 to 2010 financial year, FTSE 100 companies paid £891.9m in both audit and non-audit fees, marking a drop from the previous year when [...]