‘Green shoots of recovery’ emerge as FTSE profit warnings fall on last year April 29, 2024 "Whilst the green shoots of recovery can be seen, companies cannot afford to ignore the warning signs and rely on economic resurgence," Jo Robinson, EY-Parthenon Partner and UK&I turnaround and restructuring strategy leader said.
Muji owed up to £85m ahead of being rescued out of administration April 24, 2024 The European arm of Japanese retailer Muji collapsed into administration owing up to £85m before a rescue deal was agreed, it has been revealed.
Partners at EY to expect a drop in their pay packet April 19, 2024 One of the Big Four firms has been warned that profits could fall by 15 per cent this year due to the slowdown in the market.
Muji secures rescue deal after entering administration April 18, 2024 Muji has secured its future after agreeing a rescue deal with its parent company.
Arrival: The full story of how a £9bn electric vehicle firm collapsed into administration April 11, 2024 The full story of how the UK businesses of electric vehicle company Arrival collapsed into administration owing more than £1bn has been revealed for the first time.
PWC thought about EY-style split – and thought better of it March 17, 2024 Outgoing PWC UK chairman Kevin Ellis said his decision not to split the firm paid off during the pandemic
EY’s incoming chief Janet Truncale names four global bosses in new leadership team March 13, 2024 Truncale has names four global managing partners, adding that the wider global executive team will be “the same size or smaller” in the future
Britishvolt owner hit with £8m bill over alleged tax avoidance in Australia February 25, 2024 The new owner of failed battery start-up Britishvolt faces a near £8m tax bill in his home country of Australia, where one of his companies has been accused of having "an intentional disregard of a taxation law".
EY warning: Higher interest rates could cost UK firms £25bn over next three years February 6, 2024 Luke Reeve, partner and head of debt advisory at EY, said the adjustment will be "untenable" for some.
EY is latest to start monitoring attendance of UK employees January 29, 2024 EY has become the latest to monitor its UK employees’ office attendance in order to see if staff are aligned with its hybrid working guidelines. According to the Financial Times, the Big Four firm is recording the swipe card entry of staff to show how frequent they are attending its offices. The data is being [...]