City falls behind Europe as female appointments to top jobs slips dramatically January 15, 2024 City firms are facing calls for faster action on gender diversity after new figures showed the UK had slumped well behind European peers in appointing women to senior roles.
EY UK boss gets another term with yet another retirement exemption January 11, 2024 EY has extended its UK boss term by another year, for yet another exemption for him of the firm’s mandatory retirement age. According to the Financial Times, Hywel Ball has had his tenure as the firm’s UK chair and UK and Ireland managing partner expanded until June 2025. Ball is 61-year-old, leading the firm to [...]
Election uncertainty to squeeze London IPO market again as listings slump to 13-year low January 11, 2024 Elections in the UK and US are set to squeeze the initial public offering (IPO) market again this year after new floats in London cratered to a 13 year low in 2023, EY has said. The London Stock Exchange saw just 23 new firms listing on the market last year, a 49 per cent slide [...]
Grant Thornton axed from top flight of audit supervision after removing high-profile clients January 7, 2024 Accountancy firm Grant Thornton has been cut from the industry watchdog’s top tier of audit supervision after removing a number of high-profile clients.
Consumers keep borrowing to spend despite higher interest rates data shows January 4, 2024 The data suggests that, so far, households are weathering the pressure from higher interest rates.
Simmons & Simmons awarded £3m Bank of England legal contract January 3, 2024 The law firm won the BoE's flexible legal resourcing contract late last month, with a value up to £3m running for two years until 19 December 2025.
Which retailers went bust in 2023? December 30, 2023 City A.M takes a look at the biggest retailers which went bust this year — leaving a gaping hole in our high streets and our hearts.
How much do forecasters think the UK will grow in 2024? December 30, 2023 Going into the new year, forecasters have a healthy spread of opinion on the extent to which the UK will grow next year.
Five areas of tech which will dominate 2024: From climate to blockchain December 23, 2023 Investors will also be closely watching government regulation against the misuse of AI.
How do the latest borrowing figures impact Hunt’s tax cut calculations? December 21, 2023 The Treasury borrowed £14.3bn in November, which was nearly £1bn less than this time last year but comfortably higher than economists had expected.