Consultants ‘braver’ about challenging clients who treat women inappropriately, says PwC January 17, 2019 Advisers are “getting braver about…calling out our clients” who act inappropriately towards female consultants, a partner at PwC told a tech industry event in east London today. The partnership at PwC gets “incensed” when client chief executives shout at female partners, said Mads Thomson, who leads the the professional services firm’s technology consulting business in [...]
Regulator calls for early interventions in poor audits to help stop scandals May 6, 2020 The audit regulator today called for accountancy firms to flag poor quality audits sooner to help prevent corporate scandals. The Financial Reporting Council (FRC) said tools for spotting signs of poor quality audits should be used more effectively, following a major review of their use. Last year all of the UK’s leading accounting firms failed [...]
Guinness owner Diageo delays full-year results on pandemic impact June 22, 2020 Diageo is pushing back the publication of its full-year results by five days to allow more time for its auditors to assess the impact of the coronavirus pandemic. “[The delay] will allow Diageo and its auditors, PwC, sufficient time to complete the process of preparing and reviewing the results, given the practical challenges of remote [...]
UK retail sales grow for fourth consecutive month September 18, 2020 UK retail sales reached pre-pandemic levels last month, driven by supermarket and home improvement purchases. Retail sales were up 0.8 per cent in August compared to the previous month, which was the fourth consecutive month of growth. UK retail sales were up four per cent compared to February, before the coronavirus pandemic hit the country. [...]
UK inflation falls to five year low due to Eat Out to Help Out September 16, 2020 UK inflation slipped to a five-year low in August as the Eat Out to Help Out scheme dragged down prices in the restaurant sector for the first time on record. The price of goods and services in the UK rose by 0.2 per cent in August compared to a year earlier, the Office for National [...]
Goldman Sachs to ‘reopen UK base on 15 June’ after lockdown eases June 11, 2020 Goldman Sachs is thought to be planning to reopen its mammoth London headquarters again on 15 June. The investment banking giant reportedly sent an email to staff, telling them that the £1bn space was being prepared for “a safe and effective transition back to office when the time is right.” In the email, seen by [...]
I believe Bitcoin will get to at least $500,000 in this current bull cycle March 23, 2021 Trading wizard Dr Chris Kacher believes Bitcoin will get to at least $500,000 in this current bull cycle.
PwC sued £14m for “negligent” audit of Providence Investment Fund December 22, 2018 PwC are set to be sued for £14m by the Administrators for Providence Investment Fund for "negligence, breach of duty and breach of contract as its auditors". The investors who lost £37m in a Guernsey "Ponzi Scheme" have commenced legal action against the big four accountancy firm in a bid to recover some of their losses. Investors were promised an up [...]
Bitcoin was created for the eventualities now facing the world March 17, 2021 Writing exclusively for Crypto AM, Dr Chris Kacher explains how cryptocurrency can take the driving seat with fiat as the passenger.
Majority of Londoners plan to stay in capital despite pandemic fallout October 21, 2020 Londoners have remained loyal to their city throughout the coronavirus crisis, with the bulk of people in the capital pledging not to leave the city despite fresh Tier 2 restrictions and work from home orders, according to new research. Just seven per cent of Londoners plan to pack up and flee the capital in the [...]