Deloitte

Chief financial officers (CFOs) are prioritising cost reduction in the face of falling business optimism, which has reached a two-year low in Q4, according to Deloitte. The Big Four firm's latest survey of UK CFOs has shows that a net 26% of CFOs are feeling more pessimistic about their business pro

Deloitte is implementing significant cost-cutting measures in the UK, including a target to slash staff travel and expenses by over 50% by May, the end of its financial year. This decision, revealed in an email to partners and directors, comes amidst "challenging market conditions" in the UK's profe

Deloitte has appointed Allee Bonnard as its new UK managing partner for audit and assurance, marking the first time a woman has held this position in the firm's 179-year history. Ms Bonnard is a financial services audit partner and has over 20 years of asset management and private equity experience

Shares in Aberdeen-based energy firm Wood Group have plummeted by over 50% on Thursday after it reported a significant loss in its third quarter results and that it would commission an independent review by Deloitte. The Aberdeen-based company, which employs 35,000 people globally, announced a &poun

Deloitte has announced the winners of the 2024 UK Technology Fast 50 awards, with two Scottish companies among the ranking, and a Glasgow company placing third in the CleanTech category. The awards recognise and rank the 50 fastest-growing technology companies in the UK based on average revenue grow

Deloitte has quietly dismissed approximately 250 employees in the UK, representing 1% of its workforce. This marks the third round of redundancies in 13 months for the Big Four firm. The cuts, which were not formally announced, targeted underperforming staff across its advisory divisions and follow

Edinburgh has retained its position as the most attractive city for UK regional hotel investment for the fourth consecutive year running, and has moved up one spot to ninth most attractive in Europe, according to Deloitte. Over half (54%) of respondents to Deloitte's 2024 European Hotel Industry and

UK CFO confidence has fallen from its post-election high in Q3 2024, though it remains above the long-term average, according to Deloitte. The Big Four firm's latest survey of UK CFOs shows sentiment has fallen among CFOs, with a net 6% feeling more optimistic about the financial prospects of their

Following a positive start to 2024, economic growth in the summer months has been more hesitant for the UK and Scotland according to the latest economic assessment from the Fraser of Allander Institute at the University of Strathclyde. In the Deloitte-sponsored Economic Commentary, the Strathclyde r

Deloitte UK partners have seen their average pay fall by £48,000 to £1.012 million in the year ending May 2024. This decrease comes despite a 2% rise in total revenue to £5.7 billion, driven by strong performance in tax, legal, and auditing. However, it remains the only Big Four fi

Deloitte UK has revealed it is set to equalise parental leave, offering all new parents 26 weeks of fully-paid family leave from 1 January 2025. This policy replaces the previous four weeks of paternity leave at full pay. Additionally, the Big Four firm is introducing up to 12 weeks of extra paid le

Deloitte has posted global revenues of $67.2 billion – a 3.1% increase, marking the Big Four firm's weakest performance in 14 years. This slowdown is largely attributed to a sharp decline in consulting services demand, particularly in the Americas and Asia. The consulting division, which contr

Deloitte has decided to reintroduce in-person interviews for its UK graduate scheme, responding to concerns from the Financial Reporting Council (FRC) over online cheating. The Big Four firm will return to face-to-face interviews from September for graduate and apprenticeship programmes.

Deloitte has welcomed over 70 new people to its graduate, BrightStart apprenticeship and industrial placement programmes this week for a blended in-person and virtual induction across Aberdeen, Edinburgh and Glasgow. A further 18 people will join the firm in December 2024.

With just a little over two weeks left to apply to Deloitte’s 27th annual Technology Fast 50 awards, Scotland-based technology firms are being encouraged to apply. The awards recognise and rank the 50 fastest growing technology companies in the UK, based on the last four years of revenue growt