Big Four under pressure as government looks to slash £5.4bn consultant bill September 19, 2024 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.
Bank of England makes ‘substantial amendments’ to proposed banking overhaul September 12, 2024 "The bottom line is that we have made substantial amendments to our proposals in response to consultation feedback and evidence," Phil Evans, director of prudential policy, said in a speech published on Thursday.
Pay pressures continue to ease in weakening labour market, survey shows September 9, 2024 Neil Carberry, chief executive of the REC said, weaker pay growth should "reassure" the Bank that its decision to cut interest rates last month was "the right call".
Uptick in money laundering cases reaching UK courts, KPMG data shows August 28, 2024 There has been an increase in money laundering cases being heard in front of the Crown Courts across the country, despite the backlog in the criminal justice system
KPMG wins £223m UK government contract despite drive to cut spend on consultants August 26, 2024 The UK government has awarded KPMG a contract worth up to £223m to train civil servants despite promising to slash the amount the state spends on external consultants.
Slack continues to build in jobs market but employers look to ‘green shoots’ August 8, 2024 The survey pointed to a subdued demand for staff as a key reason for the decline in permanent placements, which extended the downturn to nearly two years.
UK fintech investment almost triples in first half of 2024 as sector outperforms Europe August 6, 2024 Investment in the UK's fintech sector almost tripled in the first half of 2024, new data shows, as a slew of major deals helped the country retain its title as the centre of European fintech funding.
FRC: Audit regulator’s review flags troubling performance by BDO and Mazars July 30, 2024 The Financial Reporting Council (FRC) has published its Annual Review of Audit Quality, highlighting troubling performance from audit firms BDO and Mazars
KPMG: UK private equity investment drops but M&A market looks set to recover July 17, 2024 UK private equity investment dipped 20 per cent in the first half of 2024, falling to only 656 deals completed throughout the last six months, City A.M. can reveal.
City accountancy firms KMPG, PwC, EY and Forvis Mazars react to audit watchdog overhaul July 17, 2024 All "welcomes" from the sector that it set to see its audit watchdog overhauled and reformed into a new regulator, which will have additional powers at its realm