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UK Assets Under Management (AUM) are expected to fall by almost a tenth (9.9%) this year – the biggest annual decline since 2008 – according to the latest EY ITEM Club Outlook for Financial Services. Only a modest reversal is expected in 2023 (to 2.5% growth) due to the difficult global

New research from EY Lane4 has shown that while 86% of employees say their organisation has a ‘purpose statement’, 42% are unaware of what that purpose statement includes. The findings are taken from a recent survey of more than 2,000 UK employees, including 500 at C-suite level, working

Profit warnings issued by UK-listed companies have reached their highest third-quarter total since 2008, according to EY-Parthenon’s latest Profit Warnings report. In total, 86 profit warnings were issued between July and September 2022, compared to 51 in the same period of 2021, an increase o

EY has welcomed 13 partners along with nearly 100 new graduates and apprentices to its Scotland practice this year as part of the firm’s continued investment in its Scottish business. Across the UK, EY strengthened its partnership with 120 new equity partners – including the promotion of

EY has announced its launch of a centre of excellence in Glasgow that will specifically hire neurodivergent individuals to fuel innovation in technology, bring a new dimension of creativity, and drive greater diversity, equity, and inclusion in the workplace. The Neuro-Diverse Centre of Excellence (

Shepherd and Wedderburn’s Corporate Finance team has advised Douglas and Iain Anderson, the joint managing directors of specialist plant hire company GAP Group Limited, in the sale of their separately owned vehicle hire company to international hire giant SIXT. The vehicle hire business was se

EY has announced combined global revenues of $45.4 billion (£40bn) for the financial year ending June 2022. With an increase of 16.4% in local currency (13.7% in US dollars), this marks one of the most successful years in the history of the organisation with the highest growth seen in nearly t

EY's partners will vote on the firm's break-up after leaders approved the split at a meeting this week.

EY CEO, Carmine Di Sibio, has said that the his firm stands to gain $10 billion (£8.37bn) in additional fees by separating it's auditing and consulting divisions. EY is the first of the big four firms to move towards breaking up of its different business services. The leaders of the big f

Over the past few months, a number of firms around the world have been sanctioned by regulators regarding cheating in exams. The most recent example involved cheating in external professional exams in addition to cheating on internal assessments. EY was fined a record $100 million by the Security an

More than a third (36%) of Big Four accountancy firm EY's new equity partners are women, as the company promoted a record number of partners this year.

EY has been fined $100 million (£82m) after its audit professionals were caught cheating in exams required for obtaining and maintaining their certified public accountant (CPA) licenses.

Audit partners at Big Four accountancy firm EY are set to receive multi-million-pound payoffs if the firm implements plans to separate its audit and consulting business. In June, it emerged that EY was considering a full separation of its auditing and consulting business. According to leaked interna

Global professional services firm EY has backed a new partnership with ENABLE Scotland and Edinburgh Napier University to create equality across those accessing higher education opportunities. Whilst 45% of all Scotland’s school leavers go to university, only 8.6% of school leavers who have a

Scotland outpaced both the UK and Europe last year by securing 122 inward investment projects - up 14% on 2020 results - and is polling at record levels among investors who consider Scotland to be the UK’s top foreign direct investment (FDI) location, according to EY’s latest Scotland A