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.
‘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