UK retail sales bounced back in September after miserable weather hurt August spending – BRC October 13, 2015 UK retail sales bounced back in September after the miserable weather in August brought summer to an abrupt end. Figures from the British Retail Consortium (BRC) and KPMG this morning show that like-for-like UK retail sales were up 2.6 per cent in September compared with the same month last year, when they had decreased 2.1 [...]
PwC to be investigated over audit of collapsed company Connaught October 12, 2015 The Financial Reporting Council (FRC) has decided to act on complaints against accountancy giant PwC and its senior statutory auditor Stephen Harrison over the auditing of social housing maintenance firm Connaught. Connaught went into administration in September 2010. The FRC's report accuses the company and the account's lead audit partner Stephen Harrison, who retired in summer 2010, of "fail[ing] to [...]
PwC to be investigated over audit of collapsed company Connaught October 12, 2015 * caption could read: Connaught's property management arm, which maintained social housing, went into administration The Financial Reporting Council (FRC) has decided to act on complaints against PwC and its senior statutory auditor Stephen Harrison over Connaught's auditing. Connaught is the social housing maintenance firm that went into administration in September 2010 and it is “alleged that [...]
Why merit is key to more diversity in the workplace: Inclusive leadership is not a Stalinist labour market intervention October 11, 2015 Let’s start with a point that nearly everyone can agree on: organisations in competitive markets need the very best talent. And we should recruit, promote and retain that talent on the basis of merit, and merit alone. We can generally agree that, if someone is selected or promoted on the basis of their identity, rather [...]
City jobs hit a peak: Financial services push employment boom to all time high October 9, 2015 Financial services are powering a dramatic boom in jobs growth, with employment in the City now at an all time high, according to a major new report. At the end of June this year there were a record 729,000 people employed in financial and professional services in London, a 2.2 per cent increase on 2014, [...]
This is the BBC Trust’s response to the government’s green paper on Royal Charter review October 8, 2015 Four out of five people believe the BBC should remain independent from politics according to research by the BBC Trust, which it has submitted to the government as part of its response to the broadcasters' charter renewal. More than 40,000 responses from the public have informed the Trust's formal submission to the government green paper, for [...]
Blending business and technology to make part-time MBAs accessible October 8, 2015 Imperial College Business School’s part-time MBAs offer new formats to fit around busy professional lives PART-TIME MBAs are becoming increasingly popular, fuelled by rapid technological advancement at leading business schools and students’ determination not to let go of an already successful career. The benefits of completing a part-time MBA are vast. You will achieve all [...]
OECD reveals plans to crack down on tax avoidance and win over cynics of tax reforms October 5, 2015 The organisation for Economic Co-Operation and Development (OECD) must win over cynics when it announces its recommendations for a co-ordinated international approach to reform the international tax system later today. The measures will range from debt relief and harmonising rules on subsidiary companies, to linking sales and tax in each country more closely by changing [...]
Ladies who don’t lunch: Ingrid talks people power, performance, and rising to the top October 2, 2015 Maike Currie talks to Ingrid Waterfield about taking the road less travelled When I arrive at One Lombard Street, a favourite haunt of City-types just a stone’s throw from the Bank of England, Ingrid Waterfield is already seated and waiting. I am not late but I am slightly flustered. She, on the other hand, [...]
Crossrail 2: It’s not just your commute that will improve with the Hertfordshire to Surrey transport link October 1, 2015 As anyone who travels through Clapham Junction or Waterloo today will already know, much of the rail network is already operating at the limits of its capacity. Huge improvements are planned and being made – the modernisation of the Tube and the building of Crossrail for example. But they will only ease the crowding [...]