UK

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Grant Thornton UK reports 2.5% increase in revenue to £534m

20/12/2016(0)
Leading business and financial adviser Grant Thornton UK LLP has continued to deliver against its Vision 2020 strategy. The firm’s financial results for the year ending 30 June 2016 ... Read More
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UK seeks transitional trade deal with EU to avoid Brexit ‘cliff edge’

20/12/2016(0)
Britain may need an interim trade agreement with the European Union to smooth its exit from the bloc, said Britain’s Trade Secretary Liam Fox, adding there should not be ... Read More
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KPMG UK has announced an increase in revenues; breaks £2bn barrier

19/12/2016(0)
KPMG has announced an increase in revenues from £1,958m to £2,068m. Mid-market tax, transaction services and management consulting achieved double digit growth The firm created approximately 1,500 new jobs, ... Read More
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EU could strip the City of London of its euro clearing business

18/12/2016(0)
The European Union could once again try and strip the City of London of its euro clearing business, according to a Financial Times report. The FT reports that European ... Read More
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EU to hit UK with £50 billion Brexit settlement

17/12/2016(0)
The European Commission’s chief negotiator has said that the UK would have to pay a Brexit settlement fee of €50-€60 billion (£42-£50 billion). Michel Barnier mentioned the figure to ... Read More
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Deloitte scoops GSK ‘mega audit’ from PwC

16/12/2016(0)
Another hugely lucrative audit is set to change hands. Pharmaceutical giant GSK is moving its audit work to Deloitte after PwC’s 15-year reign. Deloitte will become the audit firm for ... Read More
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Pound to Euro Rate: Beware a Capitulation Lower

15/12/2016(0)
The British Pound is recovering from recent lows against the Euro thanks to some better-than-forecast employment and earnings data but we hear from one leading analysts that the GBP/EUR ... Read More
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Rolls-Royce hires PwC for £5.9m audit

12/12/2016(0)
PwC has picked up the audit contract for Rolls-Royce Holdings plc after a 16-year long audit relationship with Big Four rival KPMG This follows a formal tender process led ... Read More
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Pound to Euro: Bank of England in Focus in Week Ahead

12/12/2016(0)
The main event in the week ahead for GBP/EUR is the meeting of the Bank of England on Thursday. There is not expected to be any changes in policy ... Read More
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Financial regulators of UK (FCA) and Hong Kong (HKMA) agree on FinTech collaboration

08/12/2016(0)
The UK’s Financial Conduct Authority (FCA) and the Hong Kong Monetary Authority (HKMA) have entered into a Co-operation Agreement (Agreement) to foster collaboration between the two regulatory authorities in promoting ... Read More
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