Watchdog sets out plans to shake up accountancy July 22, 2013 THE COMPETITION Commission has stopped short of forcing companies to regularly change their auditor, in a package of planned reforms that has split the accountancy profession. Smaller auditors yesterday called for the watchdog to go further, while the so-called Big Four firms warned of the red tape that could come with plans to force FTSE [...]
PROFESSIONAL SERVICES FIRM OF THE YEAR August 6, 2012 TODAY’s shortlists for the third annual City A.M. awards kick off with our nominations for professional services firm of the year. The UK and EU may be planning significant shake-ups to the industry, but the firms on our shortlist aren’t letting that worry them, continuing to win bluechip clients, pursue global expansion and pioneer employment [...]
Ernst & Young names 19 to join partnership July 2, 2012 AUDITOR Ernst & Young yesterday named the 19 new admissions that will join its partnership this week, bringing the total number of new partners recruited to the firm’s UK and Ireland offices to 43 over the past year. Across Ernst & Young’s entire Europe, Middle East, India and Africa operations 187 employees have joined the [...]
ANALYST VIEWS | WHAT DO YOU MAKE OF SERCO’S STRATEGY? July 2, 2012 KEITH BOWMAN HARGREAVES LANSDOWN With growth at Serco largely emanating from emerging markets such as Africa and Asia, a retreat from more pedestrian regions is understandable. Despite the recent half year trading update, which placed greater investor faith on the second half, consensus opinion remains favourable. TONY SHEPARD CHARLES STANlEY Serco is looking to focus [...]
What Britain must do to win back investors from a surging Germany June 19, 2012 BRITAIN is on the verge of losing its foreign direct investment (FDI) crown. After a 15 year record as the leading European destination, the investment tide has begun to flow away. While the UK remains Europe’s top destination for inward projects, we will lose this crown to Germany, within two years, unless action is taken. [...]
Ella’s Kitchen has been cooking on all cylinders June 10, 2012 ANY parent fighting against the near-impossible battle to keep their toddler’s diet healthy will have heard of Ella’s Kitchen. Gracing the shelves of the nation’s supermarkets, Paul Lindley’s gastronomic creations are a contemporary take on uniform baby food and a healthy alternative to sweets for snacking kids. Lindley claims the success of Ella’s Kitchen is [...]
CITY MOVES | WHO’S SWITCHING JOBS November 2, 2010 Ernst & Young The accountancy firm has hired Samantha Keen to join its restructuring practice as a partner, working with the liquidations and strategic exit routes (LASER) team. Keen has over 18 years of experience in the insolvency and restructuring arena, and has recently focused on advising clients about solvent reorganisation and legal entity rationalisation [...]
PETROFAC’S AYMAN ASFARI NAMED AS UK ENTREPRENEUR OF THE YEAR October 18, 2010 IN A climate where repairing the frazzled economy is paramount, it seemed fitting to see hundreds of the UK’s most successful company bosses and their advisers, bankers and friends gather at the Park Lane Hilton last night to celebrate the heroes of the recovery – entrepreneurs – at the Ernst & Young Entrepreneur of the [...]
CITY MOVES | WHO’S SWITCHING JOBS October 7, 2010 Jefferies The investment bank has hired Simon Hampton from Bank of America Merrill Lynch as its new European head of real estate, gaming and lodging investment banking. Hampton spent over 13 years at BoA Merrill Lynch, including eight as head of the real estate, gaming and lodging investment banking group for the EMEA region. Prior [...]
CITY MOVES | WHO’S SWITCHING JOBS September 29, 2010 Tullett Prebon The inter-dealer broker has re-hired Tory MP Michael Fallon as a non-executive director, just a few months after he resigned to pursue an unsuccessful campaign for the Treasury Select Committee chairmanship. Fallon, who lost out to Andrew Tyrie, rejoins Tullett a week after he replaced Lord Ashcroft as deputy chair of the Conservative [...]