Deloitte to review BBC internal processes after Huw Edwards scandal July 18, 2023 A top Deloitte partner has been drafted in to help the BBC review its internal processes following the Huw Edwards scandal. The Big Four firm will be assisting the broadcaster as it evaluates how complaints are assessed in the wake of the crisis. Dame Elan Closs Stephens, acting BBC chairwoman, told a House of Lords [...]
Deloitte set to cut 800 jobs in UK division amid slowdown in demand September 13, 2023 Deloitte is set to make hundreds of redundancies in the UK as demand for its services slows amid a challenging market environment.
Deloitte snaps up London tech consultancy Reformis January 16, 2023 Deloitte has completed its acquisition of London tech consultancy Reformis as it pushes forwards with efforts to bolster its advisory business. The acquisition, for an undisclosed sum, will see Reformis’ 83 staff join the Big Four accounting firm as it seeks to capitalise on booming demand for tech focused advice. Founded in 2003, the consulting [...]
Accounting watchdog launches probe into Deloitte’s auditing of Go-Ahead April 12, 2022 The UK’s accounting watchdog today launched an investigation into Deloitte’s audit of public transport company Go-Ahead Group, after the UK government fined the firm £23.5m for its failures in running Southeastern rail service. The Financial Reporting Council (FRC) said its investigation will focus on Deloitte’s audits of Go-Ahead’s accounts over a six-year period covering the [...]
Real Madrid knock Manchester City off top spot in Deloitte Football Money League January 25, 2024 Man City, Man Utd and Liverpool all slipped down the rankings for 2024.
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
After fining Deloitte £25m, China vows to discipline the Big Four March 27, 2023 China has vowed to toughen its stance towards the Big Four accounting firms after hitting Deloitte with a £25m fine for auditing failures. After meeting with Deloitte’s global chair Sharon Thorne, China’s Ministry of Finance (MoF) outlined plans yesterday to “strengthen” its supervision of the country’s audit sector by “strictly” enforcing “financial discipline.” China’s vice [...]
Deloitte fined £25m by China over audit of state-owned asset manager March 18, 2023 China has fined auditing firm Deloitte 211.9m yuan (£25.3m) for failing to perform its duty in assessing the asset quality of China Huarong Asset Management Co Ltd, the finance ministry said on its website on Friday. Deloitte’s Beijing operations also will be suspended for three months, the ministry said in a statement. China Huarong and its [...]
UK government’s letter to Visa, Deloitte and Allianz prompts rebuke from Olympic chiefs March 14, 2023 Olympic chiefs have issued a rebuke to the UK government over its lobbying of sponsors including Visa, Deloitte and Allianz for Russia to remain banned from sport. The UK has been among the most vocal and active opponents of the International Olympic Committee’s plan to lift the suspension of Russia and its ally Belarus. Culture [...]
Deloitte rejigs half of UK top team to nurture ‘next generation’ November 3, 2022 Deloitte has axed half its UK top team in an unexpected leadership overhaul today as it looks to nurture younger executives to take over from chief executive Richard Houston in 2027.