When business partners behave badly: How to rein in a shady coworker September 2, 2019 In the wake of the #MeToo movement, there has been a great deal of focus on how to tackle the toxic work culture that exists in some industries and businesses. Many companies have been pushing for cultural change, motivated by the desire to create inclusive work environments, and limit the reputational and financial damage that [...]
Auditor ranking race narrows as FTSE 100 firms spread out September 2, 2019 Prized FTSE 100 clients are now more evenly spread out among the Big Four accountancy giants than at any time in almost 15 years, with some of the UK’s top auditors losing out to their rivals after an intense year of scrutiny and high-profile failures. The blue-chip client league table for auditors has “never been [...]
No-deal Brexit to accelerate London house price drop September 2, 2019 London house prices could sink up to seven per cent next year if no Brexit deal is reached by the 31 October deadline date, according to the latest research. If the UK exits the European Union with a deal London house prices will fall by a smaller 4.7 per cent, continuing the trend of declining [...]
City Moves for 30 August – Who’s switching jobs at KPMG, Queensberry and Fieldfisher? August 30, 2019 Today’s City Moves includes KPMG, Queensberry and Fieldfisher. KPMG KPMG has hired two new Partners to further strengthen its legal services offering. Kate Eades was previously a corporate partner at Greenberg Traurig and Usman Wahid was previously a commercial and technology partner at Bryan Cave Leighton Paisner. Both partners will start in September and will [...]
Lane Clark and Peacock plots takeover of KPMG pensions arm August 26, 2019 Lane Clark and Peacock (LCP), one of the UK’s largest independent financial consultancy firms, is preparing a £200m takeover of KPMG’s pensions advisory arm. The company, which is backed by buyout firm Inflexion, is among a small group of bidders that have made it through to the second round of the auction, Sky News reported. [...]
City Moves for 23 August – Who’s switching jobs at Oxford Properties, WH Ireland and Mediconnect? August 23, 2019 Today’s City Moves includes Oxford Properties, WH Ireland and Mediconnect. Oxford Properties Global real estate investor, developer and manager Oxford Properties Group, has announced a series of changes to its leadership team and the appointment of Dean Hopkins as chief operations officer. The changes come at a time of rapid worldwide growth for Oxford, which [...]
Results are in, now businesses across the City must level up to boost social mobility August 19, 2019 Last week saw pupils across the UK celebrate their A-level results. A lot of hard work and dedication goes into preparing for these exams – not only from the pupils themselves, but also from teachers, support staff, school governors, and parents. The City of London Corporation, which manages 10 high-performing academies across London’s boroughs, was [...]
Revealed: The best-paying jobs for UK graduates August 15, 2019 With tuition fees on the rise, the prospect of a well-paid graduate role is becoming even more attractive for UK university students. As thousands of nervous students open their A level results, new data has revealed which degrees promise the biggest pay packets. Research by job site Indeed showed vets are the university top dogs, [...]
Sports Direct left looking like giant mugs as auditor Grant Thornton quits August 14, 2019 Sports Direct shares have tumbled to their lowest level since 2011 after it emerged that Mike Ashley’s retail empire could be left without an auditor, breaching stock market rules. The company is understood to have sought government advice over what would happen if it is unable to find an auditor after its current auditor Grant [...]
Grant Thornton quits as Sports Direct auditor August 14, 2019 Sports Direct faces being left without an auditor after Grant Thornton told the retailer it would not apply for reappointment. The decision threatens to leave Sports Direct high and dry as all of the Big Four firms have indicated they are reluctant to take on the role. The Financial Times reported that Sports Direct has [...]