A mixed bag for EY UK: Revenue growth meets flat fee income and declining profits October 25, 2024 EY UK net revenues grew by single-digit percentage over 2024, while fee income remained flat, due to a reduction in large cross border transactions
The Capitalist: Paddington Bear’s politics, buildings with phallic names and RIP the pumpkin spice latte October 24, 2024 Corporate echo chambers, controversial buildings with phallic names, Paddington Bear’s true political persuasions and the end of the pumpkin spice latte? Catch up on the latest City gossip in this week’s edition of The Capitalist WORKING SMARTER NOT HARDER We’ve all been there; you’ve got work to do but two hours of your diary are booked [...]
UK economy downgraded on consumer spending worries October 24, 2024 The Big Four firm predicted that the UK would grow 0.9 per cent this year, down from the 1.1 per cent expansion it projected this summer.
Budget borrowing will slow Bank of England rate cuts, economists warn October 23, 2024 Chancellor Rachel Reeves is hoping to raise £40bn in next week's Budget to help fund higher spending on public services. This will largely come through higher taxes.
Who is Pam Kaur? Meet HSBC’s first female finance chief October 22, 2024 HSBC broke new ground today as Pam Kaur became the bank’s first female chief financial officer since its foundation in Hong Kong in 1865. The promotion will make Kaur one of the most senior women in global banking and hand her responsibility for slashing the bank’s cost base while shepherding it through a major corporate [...]
Borrowing figures show Reeves is in a fiscal bind ahead of Budget October 22, 2024 The latest figures showed that borrowing in September exceeded expectations yet again, driven by higher government spending.
Rugby is staring into the abyss when it comes to Gen Z October 19, 2024 Look at rugby in Britain today and objectively try to answer the following questions. Is it appealing to you? Is it sexy enough to invest in? Would I take my kids or young relatives to watch it? These are the questions rugby chiefs will always be grappling with, and good luck to them. But rugby [...]
Inflation, interest rates and tax: What happened in the economy this week? October 18, 2024 The health of the UK economy is attracting more and more attention as the Budget draws nearer, and there was plenty for commentators to digest this week. Here’s a brief recap: What to make of this week’s news? First, the danger of inflationary persistence seems to be diminishing, with noticeable progress on both wage growth [...]
EY reports single-digit growth as workforce figure drops October 17, 2024 EY's revealed its global results showing single-digit growth for the Big Four firm, against the backdrop of smaller headcount
Football and Formula 1 most popular sports among Gen Z, but not rugby October 17, 2024 Football, running and Formula 1 are the most popular sports among Gen Z adults, but rugby does not feature in the top 15. Analysis by accounting firm EY has unearthed the top 15 sports among adults aged 18-27. Interestingly wellness sports and hiking make the Gen Z list while larger sports such as rugby union [...]