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The Latest Breaking News from EY

Russian cyber-crime gang understood to be behind HSE cyberattack

Computers were crippled in a previous attack on the health authority in May 2021

Irish Mirror

HSE hit by second 'international scale criminal' cyber attack as they monitor dark web for stolen data

HSE teams have together with EY over the last number of hours to determine the impact on HSE data.

Irish Mirror

Scotland reclaims place as top UK location for financial services investment outside London

Edinburgh is the most attractive city outside of London, with 17% of investors reporting investment plans over the next year

Insider UK

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read the most diverse news in one place.

Luxon's infrastructure pledges don't mention climate

National’s five-point infrastructure plan contains some familiar elements.

Newsroom.co.nz

For stakeholders to put faith in ESG metrics, the ESG 'information ecosystem' needs to evolve

Consistent and transparent reporting is vital to building trust in the industry, experts say.

Fortune

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

People on the move: key North East appointments and promotions

Companies featuring in this week's appointments round-up include Catalyst, WilliamsAli, Hay& Kilner, YoungsRPS, Greaves West & Ayre and Gentoo

Birmingham Post

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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

EY's generative A.I. payroll chatbot is answering more than 500 employee questions a day

The chatbot geared towards pay, tax, and compliance questions will launch in the fall.

Fortune

Report finds Betsi Cadwaladr Health Board finance team members deliberately misrepresented accounts

'We believe there are very, very serious questions to be answered here'

Wales Online

Government eyes tougher response to PwC scandal

The federal government remains under pressure to ban contracts with consultancy giant PwC after the firm leaked confidential government information to clients.

AAP

Petrol and diesel retailers pump up profit margins; Europe approves Microsoft’s $69bn Activision Deal – as it happened

Fuel margins have increased across the retail market, but in particular for supermarkets, over the past four years, says competition watchdog

The Guardian - UK

People on the move: key North East appointments and promotions

Companies announcing new roles this week include Mincoffs, SPG Rescourcing, Swinburne Maddison, Seaward Electronic and Banks Renewables

Birmingham Post

Newcastle tech firm whyaye ltd acquired by accounting giant EY

The Ouseburn based business is to known as EY whyaye following the acquisition

Birmingham Post

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Radio France Internationale

Macron hails France's power to woo foreign investors for big industrial projects

French president Emmanuel Macron is scheduled to tour an aluminium factory in the northern city of Dunkirk on Friday to hail the region as a symbol of industrial recovery and highlight his country’s growing economic relevance as a venue for foreign investments.

France 24

France tops European rankings on foreign investment in 2022

For the fourth consecutive year, France was the European country that received the most foreign investment last year, according to a survey by consultancy firm EY. Looking at the details though, these investments are leading to fewer job creations than in the UK or Germany. We speak to Pascal Cagni,…

Fortune

American worker productivity is declining at the fastest rate in 75 years—and it could see CEOs go to war against WFH

EY-Parthenon's Gregory Daco reveals what's going on with the American worker's worst slump of the post-World War II era. It's not all about remote work, he says.

Birmingham Post

THG, Jet2 and Burnley FC: The 21 latest North West deals

BusinessLive has rounded up some of the latest top deals you should not miss

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news in one place.

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Fortune

Just 31% of younger finance employees feel the CFO listens to them

A new report explains how CFOs can deliberately build a supportive environment.

Birmingham Post

Profits warnings drop among Midlands firms - report

Latest Profit Warnings Report by EY-Parthenon says decrease is the lowest number of warnings since quarter two of 2021

Insider UK

CBI suspends policy and membership activities after exodus

A second unnamed employee alleged that she had been raped by a colleague in an article on Friday

The Independent UK

List of companies and organisations which have left the CBI

The trade body claims to represent around 190,000 businesses across the UK.

Birmingham Post

Three Northern Ireland business leaders reach EY Entrepreneur of the Year finals

They will go on to take part in the firm's 10-month programme, which includes a one-week CEO retreat in Singapore

The Guardian - UK

EY tells UK staff to expect cuts after breakup failure

‘Embarrassed’ bosses at accounting firm sound warning as global costs of failed split reach $600m

The Guardian - UK

EY plan to break up consultancy and audit divisions blocked by US office

Accountancy firm confirms work has stopped on radical scheme after internal concerns about structure

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