Avison Young loses over £100m as it cuts more than 200 jobs October 28, 2024 The UK arm of global commercial real estate services firm Avison Young shed over 200 jobs as its pre-tax loss almost doubled to more than £100m during 2023, it has been revealed. The Birmingham-headquartered division has reported a pre-tax loss of £101.8m for 2023, having previously posted a loss of £55.6m in 2022. Newly-filed accounts [...]
AIM listings hit 23-year low amid Budget tax speculation October 28, 2024 The number of AIM companies has fallen below 700 for the first time since 2001, new data has confirmed, as London’s junior market has been battered by speculation that a key tax relief for AIM shares may be scrapped in this week’s Budget. Some 92 companies have delisted from AIM in the past year, with [...]
Back to the 80s: Why we need to start celebrating business October 28, 2024 When Bernard Fairman founded Foresight Group, Britain had a favourable tax and regulatory environment and a culture that encouraged entrepreneurialism – and the economy boomed as a result Growing the economy is the “first mission” of the new government, with much of what Sir Keir Starmer wants to do over the next decade being reliant [...]
EY right: Is multitasking really unethical? October 28, 2024 Firing staff for watching multiple training videos at the same time raises questions about the accountancy firm’s corporate culture, says Eliot Wilson Internal disciplinary procedures in the US arm of one of the “Big Four” accounting firms may not seem like headline news. Last week, however, The Financial Times reported that Ernst and Young (now [...]
LaLiga seeks criminal charges after racism overshadows El Casico October 27, 2024 Real Madrid have launched an investigation into the incidents, which followed 17-year-old Yamal scoring Barca’s third goal against their fierce rivals.
If we can’t ‘eradicate the bias’ — how do we close the funding gap? October 25, 2024 Join Ambition AM for a powerful event on closing the gender funding gap, where female entrepreneurs share their experiences, challenges and insights.
A mixed bag for EY UK: Revenue growth meets flat fee income and declining profits October 25, 2024 EY UK net revenues grew by single-digit percentage over 2024, while fee income remained flat, due to a reduction in large cross border transactions
Investor sentiment split by age as older generation’s views sour October 25, 2024 Investor sentiment has split by age over the last six months, with young people’s confidence in investment increasing significantly as the older generation remains sceptical. While the desire to save and invest has jumped by double digits among 18-34 year olds, those aged 35-54 have increased by just a few percent, while for the oldest [...]
The Apprentice: Is the Trump biopic fake news? October 24, 2024 The Apprentice, a film directed by Iranian-Danish Ali Abbasi out last week in the UK, constitutes a brutal character assassination against presidential candidate Donald Trump. Focusing on the years 1973 to the early 1980s, it tracks Trump’s rise from real estate mogul’s awkward son (he’s literally knocking on doors collecting rents) to the man liberals [...]
Rehan Ahmed back for England in spin-heavy attack October 22, 2024 England spinner Rehan Ahmed has been recalled to the Test team ahead of tomorrow’s series decider against Pakistan in Rawalpindi. The home side have been using industrial fans and heaters to cause cracks in the pitch set to host the third Test between the two sides. England have picked Ahmed, alongside Shoaib Bashir and Jack [...]