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The Latest Breaking News from Deloitte

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

Belfast Live

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

Birmingham Post

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 Guardian - UK

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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.

The Conversation

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.

Fortune

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.

Bangkok Post

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.

Fortune

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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

The Guardian - UK

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.

Fortune

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

The Hindu

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

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

Fortune

Accounting watchdog the FRC says that it is investigating the Deloitte audit of Joules' 2021 accounts

In a short statement on its website it said the investigation did not relate to anyone other than the auditor

Birmingham Post

Deloitte under investigation over audit for retailer Joules

Financial Reporting Council to look at group’s 2021 accounts, a year before it went into administration

The Guardian - UK

Just 41% of C-suite execs are 'highly confident' in their company's cash and liquidity management

CFOs need to focus on short-term cash flow processes and liquidity forecasts, says a managing director at Deloitte.

Fortune

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Marie Claire

Small Business Spotlight: Neems Jeans

"Starting a denim company like Neems Jeans meant I could impact people's lives, the environment, and women's relationships with their bodies."

Kiplinger

Confessions of a Shopaholic: Men are Bigger Spenders than Women

Stereotypes would suggest it's women who love to shop, but new research shows men do too, and they actually spend more than women.

ABC News

Deloitte Budget Monitor predicts significant shift in national debt ahead of federal budget

Multi-billion-dollar tax revenue and high commodity prices will likely result in a far healthier federal budget than initially predicted, according to Deloitte's annual Budget Monitor.

Fortune

Covid era grads are getting trained on how to actually work in the same room with other people

It is more than just "student life" that covid grads missed out on - and it's now on employers to plug the "education gap".

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news in one place.

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The Guardian - UK

Covid era graduates struggle with communication, say Deloitte and PwC

Accounting firms offer extra training on face-to-face presentations and in-person meetings

Fortune

Reframing flexible work as ‘agile working’ could get even the most stubborn bosses onboard

Most women are worried about asking to set their own hours, a new Deloitte report finds. Bosses who rebrand their thinking on flexibility could fix that.

Fortune

Say goodbye to the company retreat: business travel isn’t ever going back to pre-COVID normal, report says

Inflation, economic pressure and new post-pandemic normals are all weighing on employers’ willingness to send their staff on trips.

Birmingham Post

Talk Talk, Pretty Little Thing and CBRE: The 19 latest appointments in the North West

Latest news on key promotions, hires and departures

Evening Standard

Cheerier finance chiefs still worried about troubles ahead

Survey of normally cautious CFOs find them at their most bouyant since 2020

The Guardian - UK

The Cyprus connection: the family firm that helped pour Abramovich’s millions into Chelsea

Exclusive: Limassol accountant helped Russian oligarchs hide their wealth offshore – now the firm is under UK sanctions

The Guardian - AU

Afternoon Update: Coalition reshuffle promotes voice opponents; RBA hints at rate rises; and Ablett Sr sues AFL over concussion

Liberal leader Peter Dutton signals determined approach to thwart voice after parachuting Jacinta Price into shadow cabinet

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