Labour calls for Deloitte to be sacked from Test and Trace inquiry role November 12, 2021 The Labour party has called for audit giant Deloitte to be stripped of its contract to prepare NHS Test and Trace for a government inquiry into the handling of the pandemic, accusing it of a “blatant conflict of interest”. Since the onset of the pandemic, Deloitte has won contracts advising the NHS Test and Trace [...]
Big Four auditors EY, KPMG, Deloitte and PwC face SEC probe over conflicts-of-interest March 16, 2022 The US watchdog tasked with regulating financial markets has launched an investigation into potential conflicts of interest in the Big Four accountancy companies. The US Securities and Exchange Commission (SEC) has set up a probe into whether the Big Four’s businesses selling consulting and non-audit services undermine their ability to provide objective and independent audits, [...]
Watchdog mulls investigation for EY and Deloitte over Southeastern audits October 3, 2021 The accountancy watchdog is debating whether to launch a probe into the auditors of the Southeastern train line after the company last week admitted to hiding £25m owed to the state. The Financial Reporting Council is looking into whether audit giants EY and Deloitte have a case to answer, sources told the Sunday Telegraph. Last [...]
Deloitte: digital assets seen as strong fiat alternative August 23, 2021 Deloitte’s Global Blockchain Survey 2021 has revealed that digital assets are becoming a major priority for the financial services industry (FSI). The survey, which polled a sample of 1,280 respondents worldwide, found that 76 per cent of respondents thought that digital assets will be “a strong alternative to or replacement for fiat currencies in the [...]
Galactic Britain: UK space companies win big at Deloitte competition October 14, 2021 British tech companies took home four out of nine awards at Deloitte’s GRAVITY challenge competition in a sign the space sector is thriving post-Brexit. UK companies including Helyx, Little Place Labs, Seanasol Consortium and Treeconomy, three of which are London-based firms, proposed winning solutions to challenges posed by global brands addressing key industrial, social and environmental [...]
Allica Bank chief bets on rapid growth to force improvement in SME finance May 9, 2024 Allica only launched in 2020 but has already become a certified fintech darling. It was named by Deloitte as the UK’s fastest-growing fintech last year and in April posted its first annual profit of £16.1m.
Share trading in Go-Ahead Group halted as Southeastern rail scandal widens with Deloitte scrutinising the books January 4, 2022 Shares in train firm Go-Ahead Group have been suspended to give its auditor more time to finalise delayed full-year results in the wake of the Southeastern franchise scandal. Go-Ahead said it was working with accountancy group Deloitte to get its earnings for the year to July 3 2021 published “as soon as possible”, with the [...]
Deloitte global revenue rises to $50bn with surge in Covid consulting September 8, 2021 Deloitte has today reported a 5.5 per cent rise in its global revenue for 2021 up to $50.2bn as it has seen demand for its advisory services grow during the pandemic. The firm also saw its workforce grow by 3.2 per cent to over 345,000 for the fiscal year ending 31 May 2021. The big [...]
Markets pullback but Deloitte finds finance professionals bullish in long term August 25, 2021 The cryptocurrency markets are broadly down this morning, as the majority experience pullback after recent strong performances.
Deloitte gives all 333,000 staff lessons on climate change August 19, 2021 All Deloitte employees will be given lessons as part of a climate change education programme over the next six months according to reports, as the auditing giant seeks to boost climate change literacy in its workforce. The “climate learning program” that all 333,000 of the auditor’s international staff will be sent on, has been created [...]