CITY MOVES | WHO’S SWITCHING JOBS January 25, 2011 RSM Tenon The seventh largest accountancy firm has named accountant Peter Musgrave as head of its enlarged London office. RSM Tenon has brought together teams from four offices into the central London location in Chiltern Street in the West End and created a 450 strong team covering all the Group’s services. Peter previously ran the [...]
CITY MOVES | WHO’S SWITCHING JOBS January 18, 2011 Fuller, Smith & Turner The brewer has appointed Lynn Fordham, chief executive of FTSE 250 private investment manager SVG Capital, to its board as a non-executive director. She will join both the remuneration and audit committees in addition to her seat on the board. Fordham has previously held senior financial, strategic and operational roles at [...]
CITY MOVES | WHO’S SWITCHING JOBS January 17, 2011 RSM Tenon The financial services firm has appointed two new directors and an associate director in London. Nick Atkinson has been promoted to a risk management director, specialising in internal audits of the NHS. Nick Davies (pictured) has been promoted to business advisory director in the audit, tax and advisory team, specialising in corporate clients. [...]
Number of insolvencies drops from record levels January 10, 2011 CORPORATE insolvencies plummeted by over 17 per cent last year, it was revealed yesterday. The figures show that industry recovered from record high levels of insolvency in 2009. Around 21,000 businesses declared corporate insolvency last year, down from 25,432 in 2009, according to consultants RSM Tenon. “We have seen a record decrease in corporate insolvency [...]
CITY MOVES | WHO’S SWITCHING JOBS December 21, 2010 RSM Tenon Ruth Hiley (pictured) has joined RSM Tenon as the accountancy firm’s new head of outsourced payroll services. Hiley has a background in bureau management: she has worked at Moorepay, the UK’s largest payroll services firm, and has also been head of the payroll teams at BDO Stoy Hayward and PKF. She will be responsible for helping [...]
RSM Tenon boosted by pension changes November 10, 2010 BUSINESS advisory firm RSM Tenon yesterday said it expects to benefit from changes to pension legislation in the UK, adding that its first-quarter results and trading to date support market expectations for the full-year. Last month, the government said it would cut the tax relief on pension savings for around 100,000 higher earners, in a [...]
Lords told big four auditors pose systemic risk to British economy November 2, 2010 THE dominance of the “big four” auditing firms poses a systemic risk, the House of Lords Economic Affairs Committee was told yesterday. Managing partner of auditor BDO Simon Michaels said: “If one of the big four were to exit the market, without a plan B, there could be chaos.” The lords were asking about the [...]
Lords query lack of audit competition November 1, 2010 THE House of Lords’ Economic Affairs Committee will today question industry representatives on whether lack of competition among auditors could have contributed to the financial crisis. Representatives from RSM Tenon, Grant Thornton, Mazars and BDO will face questions in the afternoon on whether the dominance of the “big four” auditing firms – Deloitte, KPMG, PricewaterhouseCoopers [...]
Body armour firm goes under October 20, 2010 Shieldtech, which supplies body armour to soldiers in Afghanistan and 25 police forces around the UK has gone into administration. More than 60 staff at the firm and its subsidiary Aegis Engineering have been made redundant after RSM Tenon Recovery was brought in as administrators. Gareth Roberts, one of the joint administrators, said all of [...]
Start-ups growing despite cuts October 20, 2010 THE PROSPECT of budget cuts have not deterred entrepreneurs this year with the number of start-ups in the UK growing at its fastest rate since 2007, according to the latest Simply Business start-up index released yesterday. London experienced the fastest growth at seven per cent, substantially faster than the rest of the UK. The upswing [...]