The corporate aspects of Law Commission’s consultation paper on digital assets September 21, 2022 Elliot Cowan and Mumuksha Singh of law firm CMS examine the Law Commisssion's proposals for digital assets.
EY posts record revenues of £40bn as consulting sales surge September 21, 2022 EY today posted record revenues of $45.4bn (£40bn), on the back of its strongest growth in decades, as partners in the Big Four accounting firm prepare to vote on plans for a global split in what could be the biggest shakeup to audit sector in years. The accountancy firm saw its combined global revenues [...]
EY to double size of consulting team by hiring 5,100 consultants over the next four years April 5, 2022 Big Four accountancy firm EY is set to double the size of its UK consulting team, by hiring 5,100 new consultants over the next four years. The accountancy giant said it plans to double the size of 5,100 strong consulting team, with a view to having more than 10,200 consultants on its books by 2026. [...]
EY builds £2bn war chest to fund M&A spree for newly-separated consulting arm January 8, 2023 EY is creating a $2.5bn war chest to finance acquisitions of consulting businesses as it pushes ahead with plans to spin off its advisory arm into an entirely separate firm. The Big Four accounting firm is setting aside a sum of $2.5bn (£2.07bn) to fund an M&A spree for its newly-separated consulting arm, with a [...]
Rail union consults members over fresh strike action at Govia Thameslink September 21, 2022 Rail union TSSA will consult members over a fresh strike action at Govia Thameslink Railway (GTR) in a long-standing dispute over pay, jobs and working conditions. The ballot – opening on 28 September and closing on 19 October at 12pm – will put to its members both the possibility of strike action and action short [...]
Deloitte to recruit 3,500 new consultants in £220m hiring spree September 20, 2022 Deloitte is set to hire 3,500 new consultants as part of £220m plans to capitalise on surging demand for advice as businesses seek to navigate the digital and green transitions. The hires will see the Big Four accountancy firm’s increase the size of its consulting workforce by 40 per cent over the next half a [...]
Sadiq Khan slams London City expansion as public consultation nears end September 6, 2022 London mayor Sadiq Khan has slammed the proposed expansion of London City airport as the 10-week public consultation on the ramp up of services ends on Friday. Khan accused the airport of not “having demonstrated satisfactorily that [the plans] are compatible with our net-zero and wider environment objectives.” “It is essential the airport recognises that [...]
TfL extends consultation on bus cuts to 7 August June 28, 2022 Transport for London (TfL) has extended its deadline for the consultation on bus cuts from 12 July to 7 August. The public body said it wanted to give more time to people “to review, understand and provide feedback,” over its decision to cut or alter 78 of the current 620 bus routes. The public body [...]
Deloitte pays partners more than £1m each as consulting revenues surge September 30, 2022 Deloitte today said its 672 equity partners will take away average payouts of £1.06m each after a bumper year for its advisory business saw the Big Four accounting firm’s revenues surge 10 per cent to £4.9bn. The uptick in Deloitte’s UK revenues for the year running up to 31 May 2022 came as sales [...]
US bans accountants and consultants from working with Russia May 8, 2022 The US government has told American citizens they are now banned from providing professional services to anyone in Russia, as part of new sanctions in response to the war in Ukraine. The White House said today that all US persons are now banned from providing accounting, trust and corporate formation, and management consulting services to [...]