Law & professional services

2019 Articles

KPMG slashes headcount in transformation unit amid cost cutting drive
KPMG slashes headcount in transformation unit amid cost cutting drive
KPMG is making redundancies in its in-house project management team as part of a campaign to slash millions of pounds [...]
November 20, 2019
John McDonnell says Labour will break up Big Four ‘cartel’
John McDonnell says Labour will break up Big Four ‘cartel’
Shadow chancellor John McDonnell today promised to break up the “cartel” of the Big Four accounting firms if Labour wins [...]
November 19, 2019
Can you trust custom-made funds?
Can you trust custom-made funds?
Segregated mandates — possibly the most unsexy phrase you will come across all year. And yet, these boringly named contracts [...]
November 19, 2019
EY partners set to take pay cut after growth slows
EY partners set to take pay cut after growth slows
EY UK partners are set to take a pay cut this year after the audit firm today announced anaemic revenue [...]
November 19, 2019
Listed law firm DWF beats Brexit gloom to grow revenue
Listed law firm DWF beats Brexit gloom to grow revenue
Listed law firm DWF managed to boost its revenues in the first half despite persistent political uncertainty, it said today. [...]
November 18, 2019
Audit watchdog could push for clawback of audit partners' bonuses after poor quality work
Audit watchdog could push for clawback of audit partners' bonuses after poor quality work
The audit watchdog could push for powers to clawback bonuses from audit partners if an audit fell below a certain [...]
November 17, 2019
Four areas that the next government must focus on
Four areas that the next government must focus on
Britain is facing a momentously critical General Election. Beyond this vote, there are unprecedented challenges and opportunities ahead in the [...]
November 14, 2019
US law firm launches in London and plans UK expansion ‘because of Brexit’
US law firm launches in London and plans UK expansion ‘because of Brexit’
A US law firm has launched in London to take advantage of the weakness of the pound triggered by Brexit. [...]
November 10, 2019
Law firm tries to muscle in on £1bn forex cartel claim
Law firm tries to muscle in on £1bn forex cartel claim
US claimant law firm Hausfeld is trying to muscle in on a £1bn group action against a raft of banks [...]
November 6, 2019
Watchdog says accountancy firms failing to challenge management of firms they audit
Watchdog says accountancy firms failing to challenge management of firms they audit
Audit watchdog the Financial Reporting Council (FRC) today warned that the top firms were failing to be robust enough in [...]
November 5, 2019
Big Four firm KPMG denies reports of partner cuts
Big Four firm KPMG denies reports of partner cuts
KPMG has denied reports that it is gearing up to cut 10 per cent of its UK partners, as the [...]
November 3, 2019