Customers hesitant to buy bulky furniture amid fuel worries October 12, 2021 Brits were hesitant to purchase larger goods like furniture last month amid damp weather and fuel shortage concerns. September marked the slowest retail sales growth since January, when the UK was subject to lockdown measures. UK retail sales decreased 0.6 per cent on a like-for-like basis from September 2020, when they had increased 6.1 per [...]
Electric dreams: Is the government really prepared to save car industry after Britishvolt chaos? March 6, 2023 The collapse and revival of Britishvolt raises questions over how the government can revive the car industry - if it wants to.
City Moves for 30 August – Who’s switching jobs at KPMG, Queensberry and Fieldfisher? August 30, 2019 Today’s City Moves includes KPMG, Queensberry and Fieldfisher. KPMG KPMG has hired two new Partners to further strengthen its legal services offering. Kate Eades was previously a corporate partner at Greenberg Traurig and Usman Wahid was previously a commercial and technology partner at Bryan Cave Leighton Paisner. Both partners will start in September and will [...]
Big Four lobbying may dilute Government’s audit reform, says ex-accounting watchdog June 14, 2021 Big Four lobbying will dilute Government's audit reform, says ex-accounting watchdog
Unimed Procurement Services making a difference in global medical procurement May 3, 2022 Shameet Thakkar is on a mission, a humanitarian mission, and since setting up his company nothing has stopped his drive nor blunted his zeal – not even a global health pandemic. He set up Unimed Procurement Services (Unimed) to “make a difference” in acting as a trustworthy and reliable procurement agent for international aid, charities [...]
Audit reforms: IoD call for caution in plans to break Big Four dominance July 8, 2021 The government should approach its plans for an audit and corporate governance reform with greater caution, said the Institute of Directors (IoD). A government white paper aimed at breaking up the concentration of the Big Four auditing firms – Deloitte, PwC, KPMG and EY has stirred criticism from the business group, who said that the [...]
Amanda Pritchard to become first female chief executive of NHS in England July 28, 2021 It’s done: Amanda Pritchard is to become the new head of the NHS in England. Pritchard has worked as chief operating officer under outgoing boss Sir Simon Stevens, who finishes his tenure at the end of the week. She will take over in the midst of a third wave of Covid-19 and as the NHS [...]
UK inflation highest in G7, dialling up pressure on Bank of England to raise rates again June 22, 2022 The likelihood of the Bank of England hiking interest rates for the sixth time in a row is ramping up after new figures revealed the UK has the highest inflation in the G7. Prices climbed 9.1 per cent annually in May, up from April’s already four decade high rate of nine per cent, according to [...]
Sanjeev Gupta’s Jaguar Land Rover supplier in talks with lenders June 21, 2021 A branch of Sanjeev Gupta’s metals empire that supplies Jaguar Land Rover is in talks with its lender to avoid collapse. Liberty Aluminium Technologies (LAT) is currently engaged in negotiations with its lender Close Brothers, in an effort to avert being placed into administration, Sky News first reported. The embattled firm employs 250 people across [...]
London titans fear business rates relief cap will leave them with ‘same old headache’ October 28, 2021 Central London businesses and landlords have been left disappointed after a cap on a new business rates discount. At the dispatch box on Wednesday, Chancellor Rishi Sunak announced a one-year discount of 50 per cent for businesses in the hospitality, retail and leisure sectors. Eligible businesses will be able to claim a discount on their [...]