Growing labour market slack ‘strengthens case for further rate cuts’ October 7, 2024 "A greater number of candidates and reduced demand helped to limit pay growth," the survey said.
Growth set to return but fears persist ahead of budget October 7, 2024 City economists expect figures published on Friday to confirm that the UK grew 0.2 per cent in August, having been stagnant for the two months prior.
Smaller firms eye chunk of Big Four’s audit work with uptick in clients September 30, 2024 Non-Big Four firms have experienced an uptick on audit work across FTSE 250 and all main market clients, as competition with the audit giants continues
Mortgage approvals hit highest level in two years as housing market recovers September 30, 2024 According to figures from the Bank of England, 64,900 mortgages were approved last month, up from 62,500 in July.
Schroders names new finance chief and elevates investment boss to board September 26, 2024 Schroders has named a new chief financial officer and elevated its chief investment officer to the board in the FTSE 100 asset manager’s latest leadership reshuffle. Meagen Burnett, currently the firm’s chief operating officer, is due to take over the CFO role from Richard Oldfield, who is preparing to succeed outgoing chief executive Peter Harrison. [...]
‘Intense’ consumer duty rules driving up regulatory pressure on City, KPMG says September 26, 2024 The Financial Conduct Authority's "intense" supervision of its flagship consumer duty regime is driving an increase in regulatory pressure felt by City firms, according to KPMG.
UK economy to grow twice as fast as expected says KPMG September 25, 2024 KPMG's latest forecasts suggest the economy is on track to grow 1.0 per cent this year before accelerating slightly to 1.2 per cent next year.
Take it from a tax expert, we are all too obsessed with Reeves’s Budget September 25, 2024 Reeves' Budget has become the talk of the town, but even KPMG tax expert Tim Sarson thinks we should calm down about it
Big Four under pressure as government looks to slash £5.4bn consultant bill September 19, 2024 The UK government should review opportunities for further insourcing in management consultancy, a top think tank has urged, putting more pressure on the Big Four firms as Labour seeks to cut spending.
Golfer Maguire urged to drop Kingspan sponsorship following Grenfell Inquiry September 18, 2024 Fellow golfer Shane Lowry ended his commercial relationship with Kingspan last week after the public inquiry into the London tower block fire.