Big Four firm Deloitte has reaped the benefits of Comet’s downfall for the last six years, making a total of £15m in fees. This is despite the investigation into Deloitte’s conduct which may end in disciplinary action. According to The Times, the professional services business has made millions over the six years that it has […]

Continue Reading Deloitte makes £15 million from Comet liquidation

The use of ‘cloud computing’ solutions by businesses is becoming ever more commonplace and, by some estimates, the market will be worth $411bn by 2020. Even the U.S. Department of Defence is now looking to store its military data on the cloud in a contract expected to be worth USD 10 billion.  In the UK, […]

Continue Reading Moving to the Cloud in 2019: 10 steps to avoid the common pitfalls

Recent research conducted by Foresight Group LLP has revealed that 75% of financial advisers are expecting to see a rise in the number of clients seeking more infrastructure funds. Furthermore, 62% of these advisers who took part in the survey predicted that these increased allocations to infrastructure are in conjunction with portfolio de-risking gathering momentum—a […]

Continue Reading Financial advisers expect rise in infrastructure funds

Sweetbridge is an open source, second layer, blockchain-based financial system. CEO Scott Nelson believes its ability to provide continuous assurance could help prevent fraud and misstatement in the future, putting an end to financial scandals such as last year’s involving Patisserie Valerie. The firm has already worked with Big Four companies looking at how the […]

Continue Reading ‘It will enable lots of things we can’t even imagine’: Tech CEO Q&A with Sweetbridge CEO Scott Nelson

Moore Stephens has revealed that the generational divide between baby boomers and younger generations has further widened as the income tax burden “rapidly shifts”. “Recent tax changes help baby boomers more than millennials,” the firm stated. In the last year, the tax burden originally placed on the baby boomer generation has fallen by 4%. In […]

Continue Reading Income tax burden falls on millennials

The EY Foundation, a charity for young people, has made some new appointments reflecting its commitment to growing its impact. The charity was started to help young people follow their life ambitions even if they face barriers to work by supporting them to move into employment or set up their own business. Nafisa Bakker, CEO […]

Continue Reading EY Foundation has ambitions to grow in 2019 amidst new appointments