You’re required: Alan Sugar urges public to get back to work September 11, 2020 Business tycoon Lord Alan Sugar today urged Brits to “put on a suit, put on a dress and get back to work” amid rising calls to kickstart the faltering economy. Speaking to LBC radio, Sugar said people’s resilience meant “they get back, they recover, they get over it”. “If you do the right things which [...]
Labour slams Hancock’s claim there was no PPE shortage ‘an insult’ February 23, 2021 Labour has hit back at claims by the health secretary that there has been no shortage of personal protective equipment (PPE) during the pandemic as “an insult”. Speaking to BBC’s Today programme this morning, Matt Hancock said the UK never had a national shortage of PPE last year. “It’s easy to ask questions, but what [...]
PwC back with a vengeance at top of audit client rankings March 3, 2019 Accountancy giant PwC has become the leading auditor of listed UK clients for the first time since 2013, retaking its FTSE 100 client crown in the process. PwC, Britain’s biggest professional services firm by revenues, leapfrogged fourth-placed KPMG to take pole position. The smaller firm lost 12 clients between November last year and February, while [...]
Challenger lender Koto launches in the UK for left-behind consumers December 2, 2020 A challenger lender focused on providing credit to freelancers and self-employed has today launched in the UK following an investment round. Koto, authorised by the Financial Conduct Authority, has closed a £1.3m funding round which it says it will use to expand and acquire its first 50,000 users. Kotto hopes to cater to “near prime” [...]
No plans to return to the office for millions of workers August 26, 2020 There are no plans for millions of public and private sector workers to return to the office. A survey of 50 large employers by the BBC found none of them had plans to return all staff to the office full-time in the near future. Twenty firms have reopened their offices for staff unable to work [...]
City of London lobby urges EU to grant UK financial services firms widespread access to its markets February 2, 2021 The City of London’s most influential lobby group has urged Brussels to grant Britain’s finance sector wide-ranging post-Brexit access as talks between the UK and EU on financial services continue. The CityUK today called for the EU to grant regulatory equivalence to the sector, while also calling for the UK government to provide more clarity [...]
Deloitte starts audit split – the first of the Big Four to do so September 11, 2020 Deloitte will set up an audit governance board, making it the first of the Big Four accounting firms to make headway with demands from the UK regulator. The audit governance board will be effective from 1 January 2021. It will be chaired by Baroness Margaret Ford, who currently chairs Scottish media group STV and real [...]
Exclusive: UK investors turn to property as they brace for a recession November 17, 2020 UK investors worried about the government’s handling of the pandemic and Brexit are turning to property as they brace for a recession. A survey of over 1,000 investors by FJP Investment reveals nearly two thirds – 62 per cent – are concerned that the government’s mishandling of the pandemic will result in a long-term recession. [...]
Upskilling isn’t just about digital: it’s about data March 13, 2021 One aspect of Chancellor Rishi Sunak’s Budget that received little attention was his plan to launch a new management programme to upskill the 30,000 plus UK based small and medium-sized enterprises over the next three years. This Budget came only a week after the Institute of Directors and Chartered Management Institute called on the Government [...]
“DinoBanking”- Prehistoric U.S. Legacy Banking August 3, 2021 U.S. banking is primitive. It forces some to write checks in this day and age. Yet some politicians and paid lobbyists are doing everything they can to kill off the vastly superior platforms of DeFi through onerous regulations. Typical banks and credit unions offer no ACH transfer, no automatic payroll. The check can’t be too [...]