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 [...]
Grangemouth: Green projects at oil refinery site could cost £13bn March 12, 2025 Plans for new green projects at the Grangemouth oil refinery site in Scotland could reportedly cost up to £13bn. A feasibility study of possible options for the site – dubbed Project Willow – has listed nine opportunities including recycling plastics and producing biomethane, to create a “flourishing low carbon hub” over the next two decades, [...]
Birmingham landmark on sale in cut-price deal as value slashed in half March 11, 2025 A landmark office building in Birmingham city centre has been put up for sale for half what it was bought for in 2019. The Lewis Building and its adjoining neighbour Priory Court in Bull Street were acquired by Gulf Islamic Investments for £140m. The investor, which has offices in Dubai and Abu Dhabi, bought the [...]
KPMG to merge dozens of markets in major overhaul March 10, 2025 Big Four audit giant KPMG will merge dozens of its national partnerships in an attempt to accelerate growth and minimise audit scandals. The move to integrate its panoply of businesses, each of which is owned by the respective partners in each jurisdiction, represents one of the most significant shake-ups at a major professional services network [...]