City Moves: Who’s switching jobs in the Square Mile this week? February 25, 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. BDO Accountancy and business advisory firm BDO has further strengthened its tax expertise with the appointment of two new partners. Joining the firm in London from Leyton, Radeep Mathew is set to focus on advising clients on issues around R&D [...]
BDO faces FRC investigation over audit of collapsed construction firm October 21, 2021 Accountancy firm BDO is being investigated by the UK accounting regulator over its audit of collapsed construction company NMCN. The Financial Reporting Council confirmed on Thursday it was examining the BDO’s audit of NCMN’s financial statements and its final set of accounts before it filed for administration on October 4. BDO resigned as the group’s [...]
City Moves: Who’s switching jobs in the Square Mile this week? February 4, 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. Guinness Global Investors Guinness Global Investors has hired a renewable energy specialist as its new head of sustainable infrastructure. David Freeder will lead the development of the firm’s broader strategy and investor offering in sustainable infrastructure and energy. After holding positions with Big Four [...]
Government spends £624m on consultancy contracts during pandemic May 4, 2021 The government has awarded contracts worth at least £624m to private firms for consulting, marketing and research purposes during the pandemic, despite criticism it has been too reliant on private firms during the crisis. In total some £30.2bn in contracts have now been awarded by the UK government in response to Covid-19, the latest figures [...]
Looming Russia-Ukraine conflict sends chill through City February 14, 2022 Mounting fears over an imminent Russian insurgency of Ukraine rippled throughout the City yesterday, wiping billions off of the value of the UK’s top companies. The potentially devastating impact of a war in eastern Europe spooked investors and sent them flooding into safe assets. In a bruising day on the Square MIle, the FTSE 100 [...]
Everton first team player suspended pending police investigation July 20, 2021 An Everton first-team players has been suspended “pending a police investigation” the club confirmed this morning. “Everton can confirm it has suspended a First-Team player pending a police investigation,” read a statement on the club website. Read more: World’s richest football clubs 2021: Barcelona top Deloitte Football Money League ahead of Real Madrid while Bayern [...]
Audit reform: FRC asks for power to cap Big Four’s audit clients October 12, 2021 The chief executive of the UK’s accounting watchdog has asked ministers for the authority to enforce a cap on the number of large companies that any one accountancy firm can audit, in an attempt to break up the dominance of the Big Four firms. Sir Jon Thompson went on to question the likelihood of the [...]
UK finance chiefs gear up for post-pandemic spending boom July 12, 2021 Spending by UK businesses is set to surge in the coming months as finance directors prepare for a sharp increase in hiring and investment, according to a new survey. Almost three-quarters of chief financial officers expect rises in capital expenditure, while 76 per cent forecast increases in hiring in the year ahead. Expectations for both [...]
London cabbies need to give up an antiquated system holding our economy back May 9, 2022 Have you tried to get an Uber in central London recently, and, upon seeing the price just thought “may as well get a black cab”? At least that way, you skip the hassle of trying to find your designated Toyota Prius and can simply hail a driver from the street. But the cost and expense [...]
City Moves: Who’s switching jobs in the Square Mile this week? January 12, 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. Acorn Capital Partners Acorn Capital Partners has hired a new partner, who joins the all-female leadership team at the private wealth specialist. Moving from her own practice, Olga Kucherenko brings some 14 years’ experience to the position. [...]