Ey

EY has announced that Janet Truncale has been elected its next global chair and CEO, becoming the first woman to lead a big four firm. Ms Truncale is currently serving as regional managing partner, EY Americas Financial Services Organization (FSO). In this role she leads a diverse team of more than

The contest to select EY's next global leader has been marred by internal disputes regarding the consideration of age in the appointment process.

EY Scotland has welcomed the appointment of nine new partners, 150 promotions and 100 graduates and apprentices, as the firm announces record UK revenues of £3.8 billion in FY23. The partner appointments include seven internal promotions and two external hires, across Edinburgh and Glasgow, br

Despite prevailing economic challenges, the UK is poised to evade a recession, although growth is anticipated to be slow through 2023 and 2024, the EY ITEM Club's Autumn Forecast has revealed. Following a better-than-expected start to the year, GDP growth expectations for 2023 have been upgraded sli

Nationwide reported a notable 0.8% month-on-month dip in house prices in August, reflecting the largest annual drop since July 2009 with values down by 5.3%.

Andrew Dolliver, Kris Aspin and Joseph Luke Charleton, of EY-Parthenon, have been appointed joint administrators to Renfrewshire-based Mar Hall Golf & Spa Resort. Originally built in 1845, the hotel employs 118 staff and is located on a 240-acre woodland estate near Glasgow. 

Another rate hike in September may be less likely after recent data from the flash composite Purchasing Managers’ Index (PMI) for August recorded a decline in private sector activity. This breaks the consecutive six-month expansion streak. Although the chief economic advisor to the EY ITEM Clu

Big four firm EY has informed its UK staff of imminent reduced pay rises and smaller bonuses for this year, amidst slowing demand for consulting services.

EY has promptly rebuffed a recent proposition by American private equity firm TPG Capital to divide the firm into two distinct units.

Recent data emerging from Scotland's labour market has placed the Monetary Policy Committee's (MPC) next interest rate decision in a challenging position.

EY has recently promoted 267 senior staff members to partner status, marking a 10% increase in its partnership cohort, which now numbers 1,683 in the UK. This move underlines EY's ambitions to prioritise growth and respond to escalating client demand. However, less than half (42%) of the newly promo

Scotland has asserted itself as the top UK location outside London for foreign direct investment (FDI), according to the latest Scotland Attractiveness Survey by EY. The figures reveal that in 2022, Scotland secured a record 126 FDI projects, marking a 3.3% increase from the 122 projects attracted i

Carmine Di Sibio, the global chairman and chief executive of Big Four accountancy firm EY, has announced plans to step down in June next year. His decision comes in the wake of a scrapped proposal to divide EY into separate audit and consulting businesses, a move informally known as Project Everest.

Scotland has reaffirmed its standing as the top UK destination for financial services foreign direct investment (FDI) outside London, with the UK overall retaining its position as Europe's most appealing location for FDI in the sector, according to EY's most recent survey.

EY has announced plans to cut 3,000 jobs in the United States, primarily in the consulting division, to address overcapacity issues.