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The Latest Breaking News from Deloitte

Deloitte handed £1.45m fine over Mitie Group audit

The financial watchdog said its initial fine of £2m was reduced after early admissions by the company

Birmingham Post

Older single women and victims of domestic violence face increased homelessness as affordable housing falls short, report warns

Key workers are now battling to keep a roof over their head along with older single women and those fleeing domestic violence, a report finds, and Greater Western Sydney is failing to keep up with demand for social and affordable housing for the vulnerable.

ABC News

98% of finance leaders anticipate operating costs to rise in the year ahead - Deloitte

A majority of CFOs (71%) believe operating margins will fall over the next 12 months, compared to 44% in the previous quarter

Insider UK

From analysis to the latest developments in health,
read the most diverse news in one place.

IMF slashes UK growth forecasts as inflation slows economy

The International Monetary Fund (IMF) slashed its growth forecasts for Britain today as it warned inflation will hit spending and investment.

Evening Standard

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Tom’s Guide

Corporate travel recovery snagged by new concerns

First there was COVID. Now come fresh worries about the costs and climate impact of business travel.

Axios

Simu Liu thanks former boss for firing him from job: ‘I owe my life to being let go from a career I hated’

‘To the offices of Deloitte Toronto, you did for me what I never had the courage to do myself,’ Liu wrote

The Independent UK

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Deloitte to be investigated by watchdog over audit of transport group Go-Ahead

The accountancy giant is under investigation by the Financial Reporting Council over the Newcastle-based transport group's 'breach of trust' in a rail franchise

Birmingham Post

Financial Reporting Council launches probe into Deloitte’s Go-Ahead audits

The investigation into Deloitte’s audit work will cover six years

Evening Standard

Accounting watchdog investigates Deloitte over Go-Ahead audits

Deloitte says it will cooperate with FRC investigation after Go-Ahead was embroiled in accounting scandal

The Guardian - UK

Outlook for growth in 2022 worsens as cost increases begin to bite

Scottish economy now above pre-pandemic levels after almost two years, but global uncertainties and inflation create headwinds

Insider UK

Deloitte to move 600 Bristol staff into eco office building Halo

The 116,000 sq ft property is scheduled for completion in summer 2022

Birmingham Post

Queensland Health's acting director-general Shaun Drummond appointed while under internal investigation into 'suspected corrupt conduct' over defamation lawsuit

Shaun Drummond, who was appointed as Queensland Health's acting director-general this month, remains under internal investigation over a taxpayer-funded defamation lawsuit against a former mental health patient.

ABC News

Skills shortage threatens Scottish fintech growth trajectory

Issues with scale-up investment and finding the right staff are beginning to hold back the burgeoning sector

Insider UK

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news in one place.

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Birmingham Post

Deloitte launches UK first 'future of work' offices in Newcastle

The accountancy firm has opened space in the city's One Trinity Gardens to accommodate its new hybrid working approach

Football London

Why UEFA's new transfer and salary rules will benefit Tottenham but concern Arsenal and Chelsea

Financial fair play is set to be replaced by a new 70% spending limit that is likely to work in favour of Premier League giants

Daily Mirror

‘While working at Primark I saw how UK shoppers are gripped by fast fashion'

When I used to work at Primark, I had to balance my need to maintain an income with the ethics of the company that I was part of, writes NextGen contributor Annie Bocock

Bangkok Post

Man City go top of Deloitte Money League

LONDON: Manchester City have topped Deloitte's Football Money League for the first time in their history after emerging from the coronavirus crisis in a stronger position than their rivals.

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Football London

Arsenal steady as key figure leaves Mikel Arteta's squad on par with Chelsea and ahead of Spurs

The club remains 11th in the Deloitte annual Money League

Football London

Chelsea's status as super club secure but report warns of one area new owners will trail rivals

West London club remain eighth in Deloitte's Money League but report highlights importance of stadium infrastructure to shape future

Manchester Evening News

Man City top new money league as Manchester United fall down the table

The latest Deloitte Football Money League report has been released and it contains contrasting fortunes for Man City and Man Utd.

Daily Mirror

Five Premier League teams make Deloitte Money League top ten as new leader crowned

The coronavirus pandemic had a huge effect on world football as fans were deprived of the matchday experience, but some Premier League clubs still recorded big revenue margins

The Guardian - AU

‘Stunning pay rise’: commodity boom to fuel improved Australian budget

Export revenues and low jobless rate combine to cut almost $90bn from projected federal budget deficit

The Guardian - UK

Big four accountancy firms cut off businesses in Russia and Belarus

EY and Deloitte join KPMG and PwC in separating Russia operations in response to Ukraine invasion

ABC News

Probuild's 'nightmarish' collapse leaves 2,300 creditors on the hook, with workers owed $14m

The collapse of the construction giant is being dubbed "nightmarish" by its administrators, with 800 workers owed $14 million, while trade and contracting creditors are potentially owed much more.

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