KPMG UK increases partner pay after profit jumps January 29, 2025 KPMG UK recorded a double-digit growth in profit before tax over 2024, a better performance than 2023, however, its revenue only increased by one per cent
Venture capital prospects are a bright spot for the UK economy January 29, 2025 Despite fears about the Budget and Donald Trump, venture capital rebounded strongly in 2024 and the view is looking optimistic for the years ahead, says Nicole Lowe It is fair to say that 2024 was a rollercoaster year when it came to venture capital (VC) investment. Major elections and political shifts on both sides of [...]
Adzuna: Average salary hit £40,000 in December January 27, 2025 According to job search site Adzuna, the average annual advertised salary passed £40,000 for the first time in December.
Zip World sold for £100m to Dolphin Capital January 26, 2025 A majority stake in adventure park operator Zip World has been acquired by private equity firm Dolphin Capital in a deal worth £100m. Zip World, which is headquartered in Llanrwst, Wales, has become the latest investment for the Oxfordshire-based private equity firm which already counts the likes of Snowcentres, Techmet and Dynisma in its portfolio. The [...]
How much does tax really affect your decision making? January 22, 2025 From VAT on school fees to business taxes, we’re living through a live experiment with the effects of tax on people’s choices. Evidence suggests the results could be far from clear-cut, says Tim Sarson Last week, I was lucky enough to be on the panel for the Women in Tax network’s annual debate. The question [...]
UK economy: Has the Budget broken the jobs market? January 21, 2025 Unemployment rose to 4.4 per cent in the three months to November, up from 4.3 per cent previously and the highest since last May.
KPMG: Regulator probes Big Four firm over audit of Ladbrokes-owner Entain January 20, 2025 The accountancy watchdog has kicked off an investigation into Big Four firm KPMG over its audit of gambling giant Entain
Fewer firms expanded headcount following the Budget, BCC says January 14, 2025 Fewer firms increased their headcount in the final quarter of last year, a new survey showed, as businesses prepare for the impact of the national insurance hike.
UK consumer confidence may struggle to ‘ride out’ uncertainty January 13, 2025 Consumer confidence ended 2024 on a high, but analysts have warned that it might not be able to ride out a wave of economic uncertainty this year. Confidence was at its highest since April 2021 in December, according to Yougov’s and CBRE’s monthly consumer confidence survey. Business activity, optimism about the future, and perceptions of [...]
Hiring falls to 16-month low after Reeves’ ‘tough Budget’, survey shows January 9, 2025 Temporary billings also declined last month, and at a faster pace than typically seen during 2024.