NatGrid hires finance boss from Cadbury October 4, 2010 National Grid said yesterday it had hired Andrew Bonfield, who was Cadbury’s chief financial officer during its takeover by Kraft, as new finance director at its energy transmission business. Bonfield will take over the post from current finance director Steve Lucas at the start of next month as Lucas prepares to retire. Lucas will leave [...]
CITY MOVES | WHO’S SWITCHING JOBS October 13, 2010 PwC The accountancy firm has appointed three new senior managers to its business continuity team, part of the risk assurance practice. Tom Buchanan, who previously worked at Barclays and Tesco, joins the crisis management team. James Cooke joins from Deloitte to focus on IT disaster and service recovery planning, while James Crask (pictured) will develop [...]
GT reveals non-executives September 8, 2010 GRANT Thornton (GT) has become the first large accounting firm to comply with new governance rules by revealing its new non-executives. The three non-executives are Richard Eyre, chairman of the Eden Project; Caroline Goodall, a consultant to law firm Herbert Smith; and Ed Warner chairman of UK Athletics. The UK’s biggest eight audit firms – [...]
CITY MOVES | WHO’S SWITCHING JOBS October 10, 2010 LV= Bournemouth based LV= has appointed Philip Moore as its new finance director and replacing Keith Abercromby. Moore, who has over 30 years experience in the industry, will join from the Pensions Corporation, where he was group finance partner and chief risk officer. Prior to that he’s held roles at Friends Provident, where he was [...]
CITY MOVES | WHO’S SWITCHING JOBS October 10, 2010 LV= Bournemouth based LV= has appointed Philip Moore as its new finance director and replacing Keith Abercromby. Moore, who has over 30 years experience in the industry, will join from the Pensions Corporation, where he was group finance partner and chief risk officer. Prior to that he’s held roles at Friends Provident, where he was [...]
BOOST FOR CITY AS FIRMS HIRE AGAIN September 5, 2010 MORE than 800 new staff are to be recruited by PricewaterhouseCoopers (PwC) as the professional services giant bounced back from recession with a revenue rise. The firm will today announce that it has bounced back from the global financial crisis strongly as it releases its results for the year to the end of June. The [...]
Big four accountants warned by FRC to improve on audits September 13, 2010 THE FOUR largest accountancy firms need to improve the quality of audit services, a body within the Financial Reporting Council (FRC) has warned. A report into the auditing practices of the “big four” accountancy firms, including Deloitte, Ernst & Young, PricewaterhouseCoopers (PwC) and KPMG, found that in three cases KPMG had signed off on audits [...]
Consumer confidence dips with age August 15, 2010 RESEARCH has shown a yawning gap in the effect of the recent austerity Budget on confidence levels among young and old people. PricewaterhouseCoopers (PwC) found 30 per cent of 18-24 year-olds think they will be better off in 12 months’ time. Confidence then dips on a declining scale, turning negative among 35-44 year-olds and bottoming [...]
PROFESSIONAL SERVICES FIRM OF THE YEAR | The Shortlist September 7, 2010 WHETHER it’s advising firms, publishing reports or driving efficiency, professional services firms are never far from the front line in the City. With their global reach and diversified portfolios, the best-known firms have emerged looking healthy and ready to face the challenges of the new, post-downturn world. Don’t miss the City event of the year – [...]
The accountant who sees EU rules as a chance to transform his firm October 18, 2010 For a man less than three months away from retirement, BDO’s policy board chairman – in effect, the firm’s international chairman – can’t wait to get into the issues. And to be fair, there is much for Dermot Mathias, who joined the accountancy giant 37 years ago, to discuss. What excites him most is the [...]