UK Finance: Government must ‘unify’ market strategy March 31, 2025 The relationship British businesses have with public exchanges such as the London Stock Exchange and private markets has transformed and requires a new strategy, a fresh report from UK Finance has said. The financial services company, which serves as an industry body for banking, found a dwindling importance of public listings with firms staying private [...]
EY selects Alison Duncan as UK chair March 31, 2025 Big Four firm EY has selected Alison Duncan as its next UK chair, taking over from Hywel Ball, who stepped down last year
City of London and EY call for national digital ID March 27, 2025 The UK risks losing its position as a global financial hub unless it rapidly upgrades its digital verification infrastructure. A new study from EY and the City of London Corporation warned that delays in establishing a government-backed, scalable digital verification system (DVS) could cost the UK billions in economic benefits. Meanwhile, it is increasing businesses [...]
Big Four: The slow death of KPMG, EY, PwC and Deloitte’s legal dream March 25, 2025 Big Four —EY PwC, Deloitte, and KPMG—all have legal arms to compete against the traditional legal sector, but recent cracks show that their vision is not playing out
London closes in on New York as top financial hub but risks remain March 20, 2025 London has edged closer to becoming the world’s top financial centre, fresh research shows, but concerns have been raised over the City’s future competitiveness. The 37th edition of Z/Yen Group’s Global Financial Centres Index (GFCI 37) showed London maintained its second-place ranking amongst the world’s top financial centres, whilst climbing 12 points from its last [...]
Even more job cuts are set for EY March 19, 2025 After it was announced that Big Four firm EY was making cuts at the senior level, staff in its legal department were warned about redundancies. Staff in the firm’s legal arm, EY Law, were informed on Wednesday of the planned restructuring of the department. With that announcement, first reported in the Financial Times, came confirmation [...]
As EY plots senior partner layoffs, what is next for the Big Four? March 18, 2025 Redundancy headlines have plagued the Big Four giants over the last two years, but now it has escalated to the senior partners. What is happening?
MHA: Watchdog opens probe over audits of folded construction firm March 18, 2025 Accountancy watchdog launched an investigation into MHA for its audit of construction company in administration
EY planning senior partner layoffs – reports March 17, 2025 Big four firm EY is set to lay off dozens of senior partners in its most significant redundancy plan in decades amid a slowdown in consultancy spending
Nepal: Where making a profit is a crime March 13, 2025 Maoist policies have made the Himalayan nation of Nepal one of the poorest in Asia, says Rainer Zitelmann On December 11 2023, I landed in Kathmandu, the capital of Nepal. Nepal lies between China and India and has a population of around 30m. Kathmandu is located in a valley in the middle of the Himalayas [...]