Interview: Zoom beyond lockdown February 3, 2022 Zoom CIO Harry Moseley talks to Leah Montebello about the firm beyond Covid-19
Furlough factor: Number of UK companies falling into administration dropped to record low this year December 31, 2021 A record low number of UK firms are set to have fallen into administration in 2021 despite the heavy toll of the pandemic, according to industry experts. Insolvency specialists at Interpath Advisory said furlough measures particularly reduced the number of non-voluntary insolvencies over the year but warned there could be a rise next year. Latest [...]
KPMG in exclusive talks to sell pensions arm to private equity firm for more than £200m October 23, 2019 KPMG today confirmed it is in exclusive talks to sell its pensions advisory arm to private equity firm Exponent. The Big Four firm is in discussions to sell its pensions unit to the former Quorn-owner for more than £200m, Sky News reported. Read more: KPMG launches £100m cost-cutting programme The division has more than 20 [...]
University education can’t deliver the skills we need for the economy of the future March 1, 2022 TOO many jobs, wage inflation, and an abundance of flexible working opportunities. Compared to the threat of mass unemployment when the pandemic began two years ago, these feel like better problems to have. But labour market figures released last month revealed one serious problem: an exodus of older workers. Since March 2020, the number of [...]
City Moves: Who’s switching jobs in the Square Mile this week? January 26, 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. TheCityUK TheCityUK has appointed the founder and CEO of Aquis Exchange as the inaugural chair of the industry body’s new business council. Alasdair Haynes joins the council as one of many chief executives and chairs from around 35 [...]
Fees rise as Big Four still dominate FTSE 100 audits market July 14, 2021 Long-standing plans to increase competition in the auditing market appear to have been delayed slightly longer, as the Big Four accounting firms continue to dominate. The Financial Reporting Council (FRC), the regulator for auditors, said that KPMG, EY, Deloitte and PwC audited all FTSE 100 companies in a roughly even four-way split. Government-backed reviews had [...]
Big Four and challengers ask for leeway on difficult audits to avoid public criticism April 27, 2021 The Big Four and the challenger audit firms have asked the accountancy watchdog for more leniency when it comes to more difficult audit jobs, for fear of public criticism if they make a mistake. Audit firms have asked the Financial Reporting Council (FRC) to pause quality inspections of their work for a year if they [...]
IMPACT AM AWARDS 2023 SPONSORS November 30, 2023 ESG INDUSTRY LEADER OF THE YEAR SPONSOR: Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Our colleagues provide our clients in over 120 countries with advice and solutions that give them the clarity and confidence to make better decisions to [...]
Welcome aboard, this is a driverless train: unions begin their own demise June 22, 2022 As the summer sun makes the UK feel like a Mediterranean resort, we are also about to see the perils of the labour problems that Southern Europe was so often bedeviled by. Trains have ground to a halt, the London Underground has stopped, and buses are stuck in their depots. Millions of pounds will be [...]
The demand for renewable energy investment will survive the cost crunch February 22, 2022 Earlier this month, Ofgem announced they would raise their consumer price cap by 54 per cent as global gas prices continued to jump. Against this backdrop, it’s easy to dismiss the strength of the appetite for investment in UK renewables. The value of “green” energy projects started in 2021 and was on track to exceed [...]