Deloitte

Chief Financial Officers (CFOs) of the UK's largest companies are increasingly adopting defensive business strategies, reaching levels not seen since the early stages of the pandemic, according to Deloitte. The Big Four firm's latest survey of UK chief financial officers (CFOs) closed on 31 March &n

Scotland could do more to capitalise on the economic growth opportunities presented by the energy transition and digital transformation, according to new research by the Fraser of Allander Institute supported by Deloitte in Scotland. The research considers the drivers of productivity in Scotland and

Deloitte's US tax division has told staff that it will now factor office attendance into employee performance reviews, impacting bonus decisions. An internal email revealed staff are expected to collaborate in-person two to three days weekly, with compliance becoming a formal evaluation metric, Fina

Deloitte has named David Mitchell as its new office senior partner for Glasgow. An audit partner at the firm since 2016, Mr Mitchell has over 20 years of experience in professional services, with deep roots in the Scottish market, and brings a wealth of knowledge to the role.

Deloitte's UK office has distanced itself from its US counterpart by reaffirming its dedication to diversity, equity, and inclusion (DEI) targets. Richard Houston, head of Deloitte UK, assured staff that the firm remains "committed to our diversity goals" and will continue annual reporting on inclus

Economic and business conditions and expectations were weak at the end of 2024, leading to challenges to finding the pathway to growth in 2025, according to the Fraser of Allander Institute. Despite this, the institute's latest quarterly economic assessment reveals current expectations are that grow

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