EY, KPMG, PwC, Deloitte: After Carillion, breaking up the Big Four accountancy firms is not the answer May 21, 2018 Breaking up, as Neil Sedaka has said on more than one occasion, is hard to do. Saying you want to break up, though? Well, that’s a heck of a lot easier. When delivering their findings into Carillion’s demise last week, MPs realised that bayoneting the dead firm’s carcass was hardly a valuable exercise. Instead, they [...]
Tech giants are winning the war for talent, Glassdoor finds September 5, 2019 Tech giants dominate the rankings of the UK’s most popular employers as finance firms fall behind in the race to win top talent, according to a report published today. Read more: Tech founders warn UK at risk of losing global fintech crown Amazon topped the list of the 15 most sought-after companies over the last [...]
Legal giant Gordon Dadds to rebrand as The Ince Group August 6, 2019 Listed law firm Gordon Dadds is rebranding as The Ince Group, following its recent acquisition of shipping law firm Ince & Co. The firm announced the change in a statement this morning, saying the new name “will better reflect the main trading name of the group’s commercial and disputes practice in London together with the [...]
City Moves for 7 October – Who’s switching jobs at Equiteq, Festicket and Smith & Williamson? October 7, 2019 Today’s City Moves includes Equiteq, Festicket and Smith & Williamson? Eqiteq Global investment bank Equiteq has appointed Sohail Ahmed as its new managing director. Based in London, Sohail will engage with the community of entrepreneurs and private equity transacting in the knowledge economy, as well as lead on investment banking project delivery. Sohail has extensive [...]
Les Ferdinand interview: QPR director of football on making the club a talent factory again February 5, 2020 Les Ferdinand harbours dreams of leading QPR back into the Premier League but the club legend and current director of football insists a new era of success in west London will not be ushered in overnight. Ferdinand, who marked five years in the role this week, believes the Championship outfit’s return to a philosophy of [...]
Deloitte and EY partners push gender pay gaps wider March 7, 2018 Deloitte and EY today updated their gender pay gap data to include partners’ salaries for the first time, in figures which shed light on a bigger difference in earnings between men and women than previously thought. Both of the “Big Four” accountants have bigger gaps when partners’ earnings are factored in, reflecting the greater number [...]
City Moves for 2 October – Who’s switching jobs at Stonehage Fleming, Clyde & Co and CPMG? October 2, 2019 Today’s City Moves includes Stonehage Fleming, Clyde & Co and CPMG Stonehage Fleming Wealth management company Stonehage Fleming has appointed John Connolly as the new chairman of its board. John brings extensive corporate and professional services experience to Stonehage Fleming, having held several significant chairmanships during a career that includes 45 years at accountancy and [...]
Debenhams scores victory over landlords in High Court battle September 19, 2019 Debenhams has won a High Court battle with landlords to push through its CVA proposal that will lead to store closures. Sports Direct owner Mike Ashley had funded the landlords’ case after his significant shareholding was wiped out when Debenhams went private in a rescue deal. Read more: Sports Direct ‘trying to drive Debenhams into [...]
Bad day at the office: Climate change activists protest outside the wrong building July 30, 2019 Green protesters were left red-faced today after targeting the offices of a renewable energy company by mistake. Several hundred climate demonstrators from a group called “Reclaim the Power” descended on the Square Mile to picket what they had thought was the headquarters of Drax, only to find out that the gas and energy group had [...]
Deloitte brought in to watch over Interserve for the UK government February 12, 2018 Deloitte has been drafted in by the government to watch over outsourcer Interserve, which holds a contract to manage a defence training base on Salisbury Plain. Interserve, which employs 80,000 people, issued a profit warning in September, sending its share price down by 50 per cent. The company has been monitored by the government ever [...]