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The Latest Breaking News from EY

Even if we're in an A.I. 'hype curve,' big companies are still betting on the technology

A Fortune report squares the hype with A.I.’s long-term potential.

Fortune

Employee well-being is so critical to some organizations that they’re turning it into a new C-suite role

Several companies have hired chief well-being officers over the past few years as their workforce grapples with the long legacy of the COVID pandemic.

Fortune

Morning Mail: Call to ban consultancies’ political donations, Burney sets priorities for voice, ‘floating gold’ found

Transparency advocates say firms such as PwC should be banned from making political donations; Linda Burney to set out priorities for an indigenous voice

The Guardian - AU

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‘Corrosive impact’: calls to ban political donations from Australia’s big four consultancies after PwC scandal

The firm along with Deloitte, EY and KPMG donated $4.3m to Labor and Coalition in past decade as government contracts increased by 400%, analysis shows

The Guardian - AU

NBA draftees’ high income doesn't equal wealth. Here are the unique challenges that await them

The income of pro athletes goes through extreme peaks and valleys. Here's how they can prepare for the future, according to Goldman Sachs.

Fortune

Opposition leader "disturbed" as Nottingham City Council won't publish damning financial report

A review found urgent action was needed to prevent "inappropriate financial activity" at Nottingham City Council

Nottingham Post

Attracting global investment is crucial in a competitive market

Scotland must move with the times to remain a magnet to international firms

Insider UK

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Key visit to North East set to boost regional health sector in wake of successful TechNExt festival

A delegation from Spain is touring the region days after international attendees spent time at the inaugural TechNExt event

Birmingham Post

Only 32% of finance leaders would speak up if they disagreed with other executives, despite their influence to drive growth and value creation

A new EY report highlights the value of CFOs having a voice and building teams through "bold change."

Fortune

Urgent action needed at Nottingham City Council to avoid 'inappropriate financial activity'

A new report says problems including missing records are holding back Nottingham City Council's ability to provide "proper financial stewardship"

Nottingham Post

EY CEO: ‘Entrepreneurs are already unlocking generative A.I.’s value–and making a world of difference'

At least 18% of this year’s EY World Entrepreneur Of The Year finalists are using A.I., according to EY's global chairman and CEO Carmine Di Sibio.

Fortune

Scotland more attractive to foreign investment than UK and Europe

SCOTLAND remains the most attractive place in the UK for foreign direct investment (FDI) outside London, according to a survey.

The National (Scotland)

Scotland’s foreign direct investment grows again

Among investors, Scotland polls as the most attractive place in the UK to invest after London

Insider UK

Scotland favourite place in UK for foreign investment outside London

The country outpaced both the UK and Europe on foreign investment last year for the second year in a row, according to an EY survey.

The Independent UK

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Birmingham Post

North East tops growth charts for foreign direct investment projects

Analysis of 2022 project numbers comes amid calls from some MPs for the Government to be doing more to encourage overseas investors to the North

Dublin Live

HSE hit by second cyber attack as officials monitor dark web

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

Irish Mirror

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.

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Insider UK

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

Newsroom.co.nz

Luxon's infrastructure pledges don't mention climate

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

Fortune

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.

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

Birmingham Post

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

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.

Fortune

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.

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