Big Four under pressure as government looks to slash £5.4bn consultant bill Politics The UK government should review opportunities for further insourcing in management consultancy, a top think tank has urged, putting more pressure on the Big Four firms as Labour seeks to cut spending.
Public sector spending on consultants hits record high despite efforts to cut Big Four Public sector spending on management consultants has ballooned to a near-record high this year despite efforts to cut reliance on the expensive sector. Fees to consultants from central government, local authorities and other departments swelled to an estimated £3.4bn in the last fiscal year between 2023 and 2024, a rise of 12 per cent on [...]
FRC: Audit regulator’s review flags troubling performance by BDO and Mazars AUDIT The Financial Reporting Council (FRC) has published its Annual Review of Audit Quality, highlighting troubling performance from audit firms BDO and Mazars
HSBC and Deloitte latest to pull job offers from UK grads due to new immigration rules May 15, 2024 HSBC and Deloitte have reportedly withdrawn job offers to foreign graduates of UK universities as new immigration rules bite
Consumer confidence hits highest level in two years as UK ‘turns a corner’ April 19, 2024 "The revival in consumer confidence speaks to a wider story of an economy that has turned the corner," Ian Stewart said.
UK economy: ‘Worst is behind us’ as optimism among finance bosses rises again April 8, 2024 With inflation falling fast and interest rates likely to be cut in a matter of months, CFOs are much more confident about their business prospects than is normally the case.
Deloitte rows back on City office cuts with more floors at its London Athene Place base April 2, 2024 The Big Four firm cut the size of its London offices back in 2022 when it exited its Hill House building on its London campus
London-based Neurodiversity in Business charity boss to deliver UN speech inspired by son March 8, 2024 "Now to be asked to actually give a speech is such a massive honour….. I simply can’t waste this unique opportunity so I’m going BIG and BOLD!"
Deloitte set to shrink UK deals unit after profitability review February 18, 2024 Consultancy firm Deloitte is set to downsize its UK deals unit following a profitability review.
This London tech company is the fastest growing in the UK this year November 28, 2023 The UK's fastest growing tech company in 2023 has topped 1m customers and £5bn in assets under administration (AUA).