KPMG UK: Number of equity partners dips below 500 as Big Four layoffs begin November 19, 2023 KPMG UK has cut its number of equity partners to less than half the size of rival PwC in a sign that the firm has not hesitated in making cuts right at the top of the firm as the Big Four begin another round of layoffs.
As wage growth passes its peak experts are divided on the Bank of England’s next move November 14, 2023 The question is what will happen with wage growth over the coming months. Predictably, economists are divided.
Tax cuts to be saved for spring as Hunt preps ‘dour’ autumn statement November 13, 2023 The autumn statement is unlikely to feature any big ticket tax cuts despite the UK's finances being in a better position than expected.
Blockchain and Web3 keep coming up with solutions to problems November 11, 2023 Dr Chris Kacher explains how blockchain - the beating heart of Web3 - can present answers before we even know the question.
KPMG slashes bonuses again as dealmaking fees dry up November 10, 2023 KPMG has slashed bonuses for its UK deals team again in the latest sign of the strains facing the firm after a drop off in fees this year, City A.M. has learned.
The Big Four plan to cut 1,800 jobs – but are there more layoffs to come? November 9, 2023 The Big Four firms - KPMG, PwC, Deloitte and EY - have confirmed plans for nearly 1,800 jobs cuts this year. Is that the end or will the layoffs continue?
FTSE 100: What’s moving markets today? November 8, 2023 Moving markets today: U.S. stocks rise, oil prices plummet to 3-month lows, all eyes on Powell and Bailey's speeches
Increasing signs of slack in UK’s labour market as firms report growing pool of workers November 8, 2023 The survey showed that starting salary inflation slipped to a 31-month low, although it remained "sharp".
PwC joins Big Four rivals in slashing UK jobs November 7, 2023 PwC has joined its Big Four rivals in launching redundancy programme, according to the Financial Times on Tuesday.
Christmas fear for UK restaurateurs as Brits cut back on dining out to heat their house November 7, 2023 In the run up to Christmas, 56 per cent of respondents said they would cut back on eating out at restaurants