Fees paid to FTSE 100’s auditors hit record sums of more than £1bn December 20, 2022 The UK’s top 100 listed companies paid more than £1bn to their auditors for the first time in 2021/22, following a steady uptick in audit fees linked to a tougher stance from the UK’s accounting regulator. FTSE 100 companies paid a record £1.01bn to their auditors for both audit and non-audit services, in the year [...]
The Notebook: Andy Silvester on how AI could save your August out-of-office, a dream headline and why GCSEs need a rethink August 24, 2023 Embrace the long break, even if it’s made my job harder August has never felt so – for want of a much better word – Augusty. It’s mighty quiet out there, and that isn’t just because of the City’s long-discussed issues attracting floats and the slowdown in M&A. Indeed, more and more of my contact [...]
The lack of board diversity is deterring investors as the gender gap could take 100 years to close June 27, 2022 A lack of diversity in Europe’s top financial services boardrooms is deterring investors from backing firms, new research has revealed.
Funds struggle to sell sustainability as greenwashing spreads November 1, 2022 Fund managers are struggling to sell their green investment products to financial advisers as rampant greenwashing erodes trust in the environmental, social and governance (ESG) industry, fresh research has
UK workers keen to bag big City bonuses August 22, 2022 Workers are keen to capitalise on bumper bonuses handed out by banks, brokers and insurers, a new survey published today shows. Around a quarter of Brits want to shake up their careers and move into the financial services sector, according to consultancy KPMG. Of those considering moving to a job in the City, some 58 [...]
Mazars UK business posts ‘record’ growth as firm pushes to tackle Big Four’s dominance February 16, 2023 Mazars today said its UK audit business grew 37 per cent over the previous year, as the accounting firm seeks to take on the Big Four and capture a larger share of the market. Mazars’ UK business posted “record” growth, despite rising costs, after its revenues increased by more than a fifth (23 per [...]
Power of Inclusion Breakfast To Discuss Cost of Living Crisis and Social Mobility within the City February 14, 2023 Bringing together some of the City’s most insightful minds including Alderman Vincent Keaveny and Sarah Churchman to discuss social mobility, the cost-of-living crisis and its immediate impact on businesses, The Lord Mayor’s Appeal will host its first Power of Inclusion breakfast workshop on Tuesday 28th February at Ashurst. Part of the Power of Inclusion initiative’s 2022-2024 [...]
The recession could become an opportunity to reskill our workforce January 5, 2023 The job market has undoubtedly taken a hit over the past months. A rapidly rising cost of living has been followed by a wave of layoffs from global companies at the end of last year, including Google, Meta and Amazon. There could be more to come. Although unemployment is not at worrying levels right now, [...]
City Moves: Who’s switching jobs in the Square Mile? March 16, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Investec Investec Wealth & Investment has hired a new investment director for London. Justine Lobel, who joins from wealth management firm Sanlam, has been in discretionary portfolio management for more than a decade, at wealth managers including [...]
How this tech start-up wants to rebuild the construction industry (from the ground up) August 13, 2024 Entrepreneur Jamie Menzies was just seven years into running his own residential construction company, Zebra Property Group, when the pandemic halted nearly all building operations.