EY right: Is multitasking really unethical? Opinion 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 [...]
Football and Formula 1 most popular sports among Gen Z, but not rugby Sport Football, running and Formula 1 are the most popular sports among Gen Z adults, but rugby does not feature in the top 15. Analysis by accounting firm EY has unearthed the top 15 sports among adults aged 18-27. Interestingly wellness sports and hiking make the Gen Z list while larger sports such as rugby union [...]
EY hands UK tax staff lower bonuses and pay rises amid slowdown Legal EY has reportedly cut bonuses and pay rises for thousands of its UK staff while also letting a number of partners go as the Big Four firm grapples with weaker demand for its services.
FRC: Audit regulator’s review flags troubling performance by BDO and Mazars July 30, 2024 The Financial Reporting Council (FRC) has published its Annual Review of Audit Quality, highlighting troubling performance from audit firms BDO and Mazars
And another! EY upgrades forecasts for UK economy July 23, 2024 The UK received another upgrade on the back of its strong performance in the first half of the year, with EY the latest firm to bump up forecasts for the economy.
Signs of life appear for the London Stock Exchange as activity ‘gathering momentum’ July 3, 2024 Having been in the doldrums for several years, sentiment on the London markets is starting to look up.
EY UK boss Hywel Ball kickstarts leadership race after stepping down June 12, 2024 Hywel Ball, head of Ernst & Young's (EY) UK business, has told partners at the firm that he will step down as chair, kickstarting a race for one of the most prestigious jobs in British professional services.
Mortgage lending growth set to double next year as inflation eases and rate cuts loom May 9, 2024 UK mortgage lending growth is set to more than double in 2025, according to a major economic forecasting group, as inflation eases and the Bank of England is expected to cut interest rates this year.
PwC and EY handed multimillion-pound fines for London Capital & Finance audits May 7, 2024 Three firms, including PwC and Ernst & Young (EY), have been handed fines by the accounting watchdog for their audits of London Capital & Finance (LCF), a minibonds firm which took money from almost 12,000 investors before collapsing in 2019.
Booming tech sector helps London reclaim crown as Europe’s FDI capital May 2, 2024 London returned to its top spot as Europe's most important destination for foreign direct investment (FDI), new figures show.