Visa guidelines must be reassessed to avoid ‘another blow’ to UK talent, tech founders warn August 14, 2024 What impact will the new visa guidelines have on business growth in the UK if not reassessed?
FRC: Audit regulator’s review flags troubling performance by BDO and Mazars July 30, 2024 The Financial Reporting Council (FRC) has published its Annual Review of Audit Quality, highlighting troubling performance from audit firms BDO and Mazars
UK finance chiefs gear up for growth as sentiment soars July 29, 2024 Chief financial officers of some of the largest UK companies have seen expectations about the prospects of their own business shoot up.
Real Madrid become first club to reach $1bn revenue mark July 24, 2024 LaLiga giants Real Madrid became the first football club to surpass $1bn in revenue in a financial year. The Spanish side – boast the likes of Jude Bellingham and Vinicius Jr, and who have recruited Kylian Mbappe this summer – generaged $1.08bn (£836m) in revenue in the 2023-24 financial year. The revenues exclude player transfers [...]
US multi-sport group interested in Hundred team despite concerns July 22, 2024 An American multi-sport ownership group has expressed interest in investing in the Hundred – but has concerns over the feasibility of buying a controlling stake in a franchise. The 100-ball competition kicks off its fourth season this afternoon at the Oval in what is set to be the final year of teams being jointly owned [...]
Consumer confidence hit highest level in three years July 19, 2024 Consumer confidence has risen to its highest level in three years in a tentative sign that the economy is leaving the cost-of-living crisis behind, new data from Deloitte shows. In its latest quarterly Consumer Tracker survey, Deloitte found that sentiment grew by 6.8 per cent year on year, boosted by a significant improvement in sentiment [...]
City accountancy firms KMPG, PwC, EY and Forvis Mazars react to audit watchdog overhaul July 17, 2024 All "welcomes" from the sector that it set to see its audit watchdog overhauled and reformed into a new regulator, which will have additional powers at its realm
‘Green shoots all around’ for the UK venture capital scene but challenges remain July 16, 2024 "We are seeing green shoots all around," principal at Atomico, Sarah Guemouri, said. "Despite a slow start to the year, we expect capital invested as a whole to exceed last year’s figures."
Founders Spotlight: a conversation with Amy Kalnoki of Bitwave July 15, 2024 I had the opportunity to interview Amy Kalnoki, the Co-Founder and COO of Bitwave, the number one digital asset finance platform for enterprises.
Why the Bank of England may be wary of a growing UK economic recovery July 12, 2024 Debapratim De at Deloitte reckoned the Bank of England will be in "no hurry" to cut interest rates after this morning's GDP figures.