KPMG: Audit giant handed record fine over failures on Carillion collapse October 12, 2023 KPMG has been slapped with a record fine over its botched auditing of Carillion, the construction company which went spectacularly bust in 2018.
GDP: Strong services sector sees UK economy return to growth in August October 12, 2023 The UK economy matched expectations in August, with GDP edging up 0.2 per cent
Entrepreneur awards to see four black heritage founders walk away with cash prize October 12, 2023 FOUR founders will walk away with £25,000 each as part of this evening’s KPMG Black Entrepreneurs’ Awards.
If we want change, we need to prioritise action over sensitivity October 12, 2023 Tonight a contingent of our staff will make the journey from City A.M. Towers to Canary Wharf, for KPMG’s Black Entrepreneurs Awards. It will be a heart-warming evening: 12 finalists, from startups to much bigger businesses, pitching their ideas in just three minutes to an array of judges. The winners walk home with some cash, [...]
Firms reluctant to recruit permanent staff, research suggests October 11, 2023 Uncertainty over the economic outlook as well as rising costs are continuing to affect staff recruitment, new research suggests.
Retail sales lay limp in September as Indian summer rocks sector October 10, 2023 UK total retail sales continued to limp along in September with growth up just 2.7 per cent against a figure of 2.2 per cent for September last year as an Indian summer and cost of living pressures walloped the sector. Non-food sales declined 1.2 per cent on a total basis over the three months to [...]
Nearly two thirds of bosses predict return to office within three years October 5, 2023 A little under two thirds of chief executives in the UK and around the world think that people will have returned to the office by 2026, a new survey has suggested.
CMA launches probe into £7.5bn UK cloud market following Ofcom study October 5, 2023 Britain's competition watchdog has launched an investigation into the UK's cloud market after an Ofcom study found competition issues.
Mark Kleinman: Ascential’s messy breakup, audit tensions and ARGA’s impasse October 5, 2023 Mark Kleinman, City editor of Sky News, writes weekly for City A.M. This week he talks Ascential, FCA tensions and the ARGA impasse.
5 Reasons Why This Year’s City Giving Day was the Best One Yet September 29, 2023 On Tuesday 26 September, The Lord Mayor and Lady Mayoress of the City of London, Alderman, Sheriffs and 570 City businesses came together for City Giving Day. Hosted by The Lord Mayor’s Appeal, the annual event unites the City to celebrate and promote the positive impact of philanthropy. Here’s 5 reasons this year’s City Giving [...]