Business and Economy

Deloitte: Top flight football wages to top £1 billion

01 June 2007
The Big 4 accountancy firm Deloitte has calculated that wages for Premier League footballers will soon be in excess of £1 billion.

Private equity chiefs to be questioned

22 May 2007
The Treasury is set to grill five leading private equity chief executives on June 20th, the Financial Times reports.

KPMG: Cost reduction vital to life insurance sector

22 May 2007
More than half of the UK's leading life insurance companies believe that cost reduction will be the main factor driving the industry forward over the next two years, according to a recent survey from KPMG.

Service sector 'drives' UK economy

21 May 2007
More people are involved in financial and business services than manufacturing in almost every region of the UK, according to Ernst & Young's ITEM Club.

KPMG announce Leeds United creditors meeting

17 May 2007
Big 4 firm KPMG have announced that a creditors meeting will be held on June 1st at noon at Elland Road.

Grant Thornton gives UIC creditors a boost

17 May 2007
Accountancy firm Grant Thornton has announced that it has set the first initial dividend from the liquidation of the UIC Insurance Company at 100 per cent.

Accountants 'confident' on economy

15 May 2007
Confidence among accountants has reached the highest level that it has been at in the last three years, according to recent figures.

Late payments 'cost UK business £20 bn'

14 May 2007
Businesses in the UK lose up to £20 billion per year because of poor payment practice, according to new research from the payments group Prompt Payer.

Deloitte CEO supports Bush

11 May 2007
The chief executive of the Big 4 accounting firm Deloitte has come out in support of a recent speech by President Bush reaffirming his open-door policy to foreign investment in the US.

Personal insolvencies rise

08 May 2007
The number of people who are entering into IVAs has reached 13,233, according to the Insolvency Service.

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