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The Latest Breaking News from EY

Scrapping of audit watchdog for English councils ‘led to soaring costs and chaos’

Highly critical report finds that instead of promised annual saving of £100m, fees have rocketed amid financial crisis

The Guardian - UK

Employers, beware: Gen Z is the 'pragmatic generation' redefining success, seeing money as just a means to an end, landmark survey says

“The idea that young adults are postponing adulthood is outdated,” EY’s Joe Depa says of his firm’s landmark Gen Z survey. “This generation is focused on long-term stability.”

Fortune

Nationwide boss’s £7m pay package declared ‘obscenity’ during AGM

Rise of 43% in Debbie Crosbie’s maximum payout approved at building society’s annual meeting despite criticism

The Guardian - UK

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Retail profit warnings more than double as high street pressures mount – report

The report from EY-Parthenon also revealed that overall profit warnings among UK-listed firms jumped by a fifth amid trade and geopolitical woes.

The Independent UK

‘We have lots of opportunities’: how women working in tech are empowered by role models at EY

Senior consultants working in cybersecurity at the professional services organisation reveal the varied nature of their role – and how the company inspires women to reach the top

The Guardian - UK

‘We educate and advocate’: how a workplace network is helping women thrive in tech

When it comes to learning new skills, making connections, and even winning a prestigious awards, the EY Women in Technology network has been a gamechanger for Lulu Isdory and Caroline Morton. Here, they explain how the inclusive initiative has supported their development

The Guardian - UK

‘It’s never too late for an MBA’: how a skills development programme supercharges careers

Korusha Pillay and Peter Capsalis were already flourishing at EY, but after studying for a master’s in tech, which all EY people at the professional services organisation can study for free, they gained insights and skills that took them to the next level

The Guardian - UK

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‘AI is a very hot topic’: why it’s a great time to be a tech consultant

From data and cybersecurity, to digital engineering and artificial intelligence, the world of technology is changing fast, but what does a career in the industry look like today?

The Guardian - UK

QuantumScape Soars 30%: What Drove the Next-Gen EV Stock's Rally

Cutting-edge EV battery stock QuantumScape just saw shares surge 30% in a day. It is driving internal efficiency while aiming to revolutionize the EV industry.

MarketBeat

Melinda French Gates shares the no1 skill that Gen Alpha girls can learn in high school that’ll determine if they become a CEO later in life

Forget grades—Melinda French Gates and Billie Jean King say sports are the strongest predictor of female leadership. The stats agree.

Fortune

Cyberattacks on insurers put CFOs on high alert

Aflac is one of the latest insurance companies to suffer a cyberattack.

Fortune

Small business owners aren’t jumping for joy about the US economy – but they still aren’t jumping ship

Small businesses are doing OK right now, even if there is a bit of concern about tariffs, inflation, labor shortages and higher costs

The Guardian - US

Scotland's 'bucking international trends' on investment. Is that a good thing?

BILLIONS of pounds are set to flow out of Scotland due to foreign investment figures celebrated by the Scottish Government ...

The National (Scotland)

'Incredible': Scotland bucking international trend on foreign investment, study finds

SCOTLAND has been the top destination for foreign direct investment in the UK outside of London for a decade, new research has found ...

The National (Scotland)

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Fortune

Trivago watched its revenue forecast plummet from $1 billion to nearly zero—so the company tapped a set of former interns to turn it around

Trivago’s CEO, CFO, and CMO were all once interns. Now they’re trying to bring billions in revenue to the company.

AAP

Productivity pickle a top priority for upbeat treasurer

Falling interest rates and Australia's competitive advantages are reasons for optimism, says the treasurer as he sets his sights on improving productivity.

International Business Times

US April Inflation Cooled More Than Expected, Despite Tariffs

The US Federal Reserve's preferred inflation measure cooled more than expected last month, according to government data published Friday, as President Donald Trump's "liberation day" tariffs on most countries came into effect.

Euronews

Investing in Europe is at a nine-year low: Is a rebound coming?

Foreign direct investment (FDI) in Europe dropped to its lowest level in nine years in 2024, with France, Germany and the UK experiencing double-digit declines.

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news in one place.

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Fortune

EY report: Europe’s ability to attract investment at its lowest in 9 years

France, U.K., and Germany had the most foreign projects—but there was a double-digit decline in the number of projects in each country, EY found.

Fortune

Fortune’s 2025 CEO Survey shows increasing pessimism

Also: Inflation still top of Fed Chair Jerome Powell’s mind, Meta’s fraud problem.

Evening Standard

UK foreign investment falls as funding from US dries up, survey shows

The UK secured fewer investment projects than France for the fifth year in a row, according to EY’s annual UK attractiveness survey.

The Guardian - UK

‘Significant doubt’ revealed over Bank of London’s ability to keep operating

Auditors question if Peter Mandelson-linked firm can raise adequate funding after news of regulator’s investigation

The Independent UK

Federal Reserve official sees signs of slowing economy but not ready to cut rates

A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused some businesses to cut back on hiring and spending, threatening to slow the economy, but he added that it’s not yet clear whether the central bank should cut its key interest rate

The Guardian - UK

Americans would suffer most if Trump imposes pharma tariffs, sector warns

Industry says levies would hit supply chains, making medicines potentially unaffordable for some US patients

The Guardian - UK

UK growth forecast to slow sharply as Trump tariffs push confidence to record low

EY Item Club predicts GDP of only 0.8% this year as Ipsos poll shows three-quarters of Britons expect economy to get worse

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