PwC and EY handed multimillion-pound fines for London Capital & Finance audits May 7, 2024 Three firms, including PwC and Ernst & Young (EY), have been handed fines by the accounting watchdog for their audits of London Capital & Finance (LCF), a minibonds firm which took money from almost 12,000 investors before collapsing in 2019.
Booming tech sector helps London reclaim crown as Europe’s FDI capital May 2, 2024 London returned to its top spot as Europe's most important destination for foreign direct investment (FDI), new figures show.
‘Green shoots of recovery’ emerge as FTSE profit warnings fall on last year April 29, 2024 "Whilst the green shoots of recovery can be seen, companies cannot afford to ignore the warning signs and rely on economic resurgence," Jo Robinson, EY-Parthenon Partner and UK&I turnaround and restructuring strategy leader said.
Meet the Luton-raised Italian running fan taking the top job at PwC in the UK April 25, 2024 Company veteran Marco Amitrano has been elected to succeed Kevin Ellis as head of PwC's operations in the UK.
Canary Wharf: Property value falls as London banking hub secures £550m financing deal April 25, 2024 The developer and manager of Canary Wharf in East London has reported a 14.7 per cent annual fall in the value of its property holdings to £6.8bn.
Mytilineos eyes potential dual listing in London April 25, 2024 Greek energy giant Mytilineos has said it is eyeing a potential secondary listing in London before the end of next year.
Muji owed up to £85m ahead of being rescued out of administration April 24, 2024 The European arm of Japanese retailer Muji collapsed into administration owing up to £85m before a rescue deal was agreed, it has been revealed.
Why Jeremy Hunt’s hopes of another round of tax cuts look remote April 23, 2024 Although these figures do not directly feed into Hunt's fiscal headroom at the next fiscal event, it is a sign of just how little wiggle room the Chancellor will have to cut taxes.
Partners at EY to expect a drop in their pay packet April 19, 2024 One of the Big Four firms has been warned that profits could fall by 15 per cent this year due to the slowdown in the market.
Muji secures rescue deal after entering administration April 18, 2024 Muji has secured its future after agreeing a rescue deal with its parent company.