R&R ice-cream entrepreneur’s entrance melts June 9, 2014 IT WAS a night of epic entrances at the EY Global Entrepreneur of the Year Awards at the weekend, with each country’s entrepreneur strutting to the stage to their own personal entrance song (all 60 of them). But when it came to the UK’s winner – R&R Ice-cream’s James Lambert – there was a bit of [...]
Entrepreneurs flock to London June 9, 2014 LONDON dominates a new league table showing the hottest neighbourhoods for start-up companies, with all but three of the UK’s top 20 areas for business creation located within the capital. Topping the list, published by accountancy firm UHY Hacker Young, is the postcode EC1V – home to the so-called tech city cluster of digital companies, [...]
Entrepreneurs flock to London June 9, 2014 LONDON dominates a new league table showing the hottest neighbourhoods for start-up companies, with all but three of the UK’s top 20 areas for business creation located within the capital. Topping the list, published by accountancy firm UHY Hacker Young, is the postcode EC1V – home to the so-called tech city cluster of digital companies, [...]
UK rises to take top investment spot in Europe June 9, 2014 INVESTORS are increasingly turning to the UK instead of other European countries, with the number of large foreign direct investments jumping by 15 per cent as growth picked up during the last year. The UK is now ranked first in Europe among global investors, who were asked by audit giant EY which countries they believe [...]
Power and utility firms perform better with women on boards June 2, 2014 POWER and utility companies with more women on their boards have higher average return on equity (RoE), according to EY research published today. Out of the top 100 companies in the sector, those with the most diverse boards had an average RoE of 7.7 per cent, compared to just 4.5 per cent for those with [...]
Letters to the Editor – 03/06 – Britain’s new MEPs, Google and Europe, Best of Twitter June 2, 2014 Britain’s new MEPs [Re: Britain’s new MEPs must do their job – whatever they think about the EU, yesterday] Mark Boleat asserts that “constituents voted [MEPs] in to engage in Europe”. How does he know what voters were thinking? It’s not true in my case, for example, because I have zero faith in any of [...]
City hiring boom for graduates June 2, 2014 FINANCE firms are set to lead a surge in graduate hiring this summer, as companies across the UK rush to hire almost a fifth more university leavers than in 2013. Employers are set to boost the number of graduates they hire by as much as 18 per cent this year as the improving economy boosts [...]
Auditors are told to get tough with banks on loss provisions May 28, 2014 AUDITORS for British banks and building societies are not scrutinising the firms’ books closely enough, despite repeated warnings that auditors should have caught some of the warning signs ahead of the 2008 financial crisis, a watchdog said yesterday. The Financial Reporting Council flagged up poor testing of loan impairment models and a widespread reluctance among [...]
Rise in jobs for grads fuelling boom in hiring May 27, 2014 BIG GRADUATE recruiters are boosting hiring programmes even further this year, with vacancies up by more than a third, and many firms saying they are yet to fill positions for this year’s intake. Figures from jobs site Adzuna today show vacancies for graduates up 37 per cent from 2012. And though there is still fierce [...]
Media execs bullish views May 27, 2014 MEDIA and entertainment bosses have given an upbeat assessment of the global economy, with more than two in three seeing an uptick in activity, a new study suggests. The poll, by EY, found 64 per cent thought the state of the global economy was improving. A further 34 per cent planned to pursue acquisitions over [...]