UK business leaders understand the value of implementing new technology, but they don’t know how to measure it, according to new research from Deloitte. In a new report, Measuring Value from Digital Transformation, 1,600 global business and technology leaders across six different industries we
Deloitte
Deloitte has announced the winners of the 2023 UK Technology Fast 50 awards, with four Scottish companies among the ranking and Glasgow company Utopi claiming the inaugural CleanTech award. The awards recognise and rank the 50 fastest-growing technology companies in the UK based on average revenue g
Subdued growth prospects for the Scottish economy have been highlighted, with predicted growth rates of 0.2% in 2023, 0.7% in 2024, and 1.2% in 2025, according to the University of Strathclyde's Fraser of Allander Institute. Notably, the 2023 forecast is a downward revision from June's figures,
In light of heightened interest rates, Deloitte's Q3 CFO survey has revealed a significant strategic shift among finance leaders of the UK’s largest businesses, including those based in Scotland.
Despite seeing a slowdown in takeovers, Deloitte UK, has reported a robust 14% growth in annual revenues, disclosing a turnover of £5.6 billion for the year to 31 May, up from £4.9bn in 2022. This surge in revenues, primarily driven by strong markets in the initial half of the year, led
Big four firm Deloitte has announced that it is preparing to cut around 800 jobs across its UK division, representing approximately 3% of its 27,000-strong workforce in the country.
Deloitte has opened the doors to a new ‘future of work’ designed office in Edinburgh’s city centre. Located at 9 Haymarket Square, the 16,383 sq ft facility will serve as the workplace for the firm’s 433 Edinburgh-based employees.
Confidence among the finance leaders of the UK’s largest firms has dipped in the second quarter, partially unwinding the sharp rise in sentiment seen in Q1 2023, according to Deloitte’s UK CFO Survey Q2 2023. A net -10% of CFOs are more optimistic about their firm’s financial prosp
Deloitte Scotland has elevated Paul Hazelton to audit partner alongside 15 of his colleagues who were promoted to director roles across five business practices. Mr Hazelton, a qualified accountant, first joined Deloitte’s audit team in 2005 after graduating from Strathclyde University with a d
The Scottish economy has shown surprising resilience in 2023, outperforming expectations by avoiding a predicted shallow recession, according to a quarterly economic commentary published by the University of Strathclyde's Fraser of Allander Institute. Supported by Deloitte, the report provides an in
Deloitte's climate charity collaboration with Whale and Dolphin Conservation (WDC) has resulted in a unique educational initiative being brought to Scottish pupils at Govan High School. A life-size inflatable humpback whale, dubbed Hope, was brought to the school on 13 June, offering students a new
Deloitte's Scottish branch has donated 1,000 laptops to five Glasgow-based primary and secondary schools, in line with its commitment to bridging the widening digital skills gap. The recipient schools, which include Govan High School, Hazelwood School, Smithycroft Secondary School, Linburn Academy,
The Financial Reporting Council (FRC) has commenced an investigation in relation to the audit conducted by Deloitte of the consolidated financial statements of Joules Group plc. The investigation concerns the audit conducted byt he Big Four firm for the year ended 30 May 2021.
Sentiment among finance leaders of the UK’s largest firms has improved significantly since the start of the year, according to Deloitte’s UK CFO Survey Q1 2023. The largest increase in confidence since the COVID-19 vaccine rollout was observed, with a net 25% of CFOs being more optimisti
The median FTSE 100 CEO package increased by 12% last year, from £3.72 million in 2021 to £4.15m in 2022 – based on Deloitte's analysis of data from the first 55 companies to publish their 2022 annual reports.