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The Latest Breaking News from Deloitte

ACT abandons 'deficient' HR project after spending nearly $76m

No single person was accountable for the project, a review found.

The Canberra Times

Urban Splash fund strikes deal worth up to £40m with Barclays

Over the last year, the fund has expanded its portfolio by more than 30%

Birmingham Post

Manchester Airports Group, Deloitte and Bibby Financial Services: The 45 latest North West hires and promotions

BusinessLive rounds up the latest hires and promotions across the North West

Birmingham Post

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People on the move: key appointments and promotions of the week

Companies featuring in this week's round-up include

Birmingham Post

Benefits of Premier League promotion laid bare as Sunderland aim to rejoin elite

The financial incentives of promotion to the top flight have been laid out by financial experts

Chronicle Live

Leeds United given reminder of Championship desperation amid 'cliff edge' warning

Wage figures show just much Leeds United's newfound rivals are willing to gamble on the promised land of the Premier League

Leeds Live

CFOs were anxious about recruiting and retaining talent last year. Now they have a new top worry

This quarter, CFOs are even more cautious regarding taking greater risks.

Fortune

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Deloitte appoints first female senior partner for Wales and South West

Lizzie Hill is the first woman to hold the role locally

Birmingham Post

Championship clubs’ wage bill exceeds revenue for fifth year running – report

Second-tier clubs’ wages-to-revenue ratio was an astonishing 108 per cent.

The Independent UK

Why sound is more important than ever in branding

We talk to Amp CEO Michele Arnese about the world of sonic branding.

Creative Bloq

America has failed millennials so badly they're turning to $1,000-per-month side hustles to make ends meet

Combating inflation means taking on a side hustle for two in five U.S. adults. Gen Z and millennials are the most likely to have one.

Fortune

WSL revenues were rising even before Lionesses win - but clubs still posting loss

The league’s revenues are likely to continue to rise after England’s Euro 2022 success last summer

The Independent UK

Women in tech: What good practice should look like

Creating a modern and supportive environment that will attract and retain female talent requires impactful actions.

TechRadar

Australia in ‘retail recession’ as inflation and rate hikes hit spending, says report

With a 0.6% slump in turnover in the March quarter expected to continue, Deloitte forecasts a broader ‘consumer recesssion’ later this year

The Guardian - AU

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Belfast Live

Ulster Rugby Awards: Tom Stewart rewarded for stellar season with Player of the Year gong

Ulster hooker Tom Stewart scored a record 16 tries in the United Rugby Championship last season

Birmingham Post

North East firms' confidence outstrips regional peers despite monthly fall

A survey of firms by Lloyds Bank found 33% of businesses expected to take on staff over the next year

The Guardian - UK

Firms fined most by regulators still on UK government’s list of top suppliers

Observer reveals that companies are getting big contracts in spite of paying penalties for corruption or fraud

The Conversation

US banking failures: the role of big auditors in another financial crisis

Three recent and very serious US bank failures – Silicon Valley Bank (SVB), Signature and First Republic – have one common denominator: all three businesses were audited by one of the world’s major professional services firms, KPMG.

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news in one place.

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Fortune

Gen Z and millennials are really struggling to get the work-life balance they want

In an age of high inflation and a return to office, millennials and Gen Zers find themselves engaging in the hustle culture they'd rather leave behind.

Bangkok Post

More Thais open to buying battery-powered vehicles

Some 31% of Thais are projected to choose a battery electric vehicle (BEV) as their next vehicle, the highest proportion within Southeast Asia, although internal combustion engine-powered cars remain the leading vehicle of choice among consumers in the region, according to a survey by business advisory Deloitte Thailand.

Fortune

Gen Z and millennials say social media is pressuring them to buy what they can’t afford

TikTok can hurt your brain and your wallet.

The Guardian - UK

Mark Zuckerberg’s metaverse vision is over. Can Apple save it?

The CEO of the social media giant has spent billions – and still no one understands the idea. But now the world’s richest firm could change the game

Fortune

Forget quiet quitting. Millennials and Gen Zers are quietly working second jobs as they live paycheck to paycheck

Deloitte surveyed tens of thousands of millennials and Gen Zers—the reality is a far cry from splurging on avocado toast or killing time on TikTok.

The Hindu

Hell’s consultants | Are consultancy firms more a liability than an asset?

Amidst massive lay-offs by the consultancy industry, Amazon Prime Video’s show is timely

Fortune

Deloitte, Goldman Sachs, Microsoft among institutional players partnering on new blockchain network

Despite Crypto Winter, legacy firms are still investing in potential blockchain breakthroughs.

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