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China
PwC braces for severe regulatory penalties in China over Evergrande scandal
The Chinese arm of PwC is bracing for significant regulatory penalties following its involvement in auditing the troubled property developer Evergrande.
22 August 2024
China
PwC fires hundreds of staff in China amid Evergrande fallout
PwC has been forced to fire hundreds of staff in China following a nosedive in accounting revenues from mainland-listed clients, and is anticipating further moves as the fallout from its Evergrande s
18 July 2024
United Kingdom
Looking beyond the 'mirage' of new normal in 2024
In March 2020, the world sought to halt the spread of Covid-19 by locking down travel and asking citizens to await a ‘new normal'.
12 March 2024
United Kingdom
Economic damage from natural disasters hits $380 billion
While climate change will cause far graver damage to human life than making it harder for businesses to profit, the damage being done is also starting to take a toll on the global economy.
29 February 2024
United Kingdom
Digital threats loom over 2024's elections
With several landmark elections set to be held among the world’s most prominent democracies – from the US, to the UK
13 February 2024
United Kingdom
UK ranks top out of G7 for sustainability in 2023
The UK has been identified as a world leader in sustainability. New research suggests that the UK is ahead of every other G7 country in terms of sustainable performance.
15 December 2023
United Kingdom
UK risks squandering early net zero leadership
While various sources suggest the country is lagging behind in its transition to a zero carbon economy, a new study contends that the UK may actually be half-way to net zero.
22 November 2023
United Kingdom
UK-listed profit warnings fall year-on-year for first time since 2021
Profit warnings issued by UK-listed companies has fallen year on year, for the first time since 2021.
03 November 2023
United Kingdom
Deloitte to slash 800 jobs with consulting hit hardest
Deloitte has announced plans to shed around 800 roles across its British operations. Almost a fifth of the jobs lost will be from junior consultants.
31 October 2023
United Kingdom
Businesses turn to automation amid hiring struggles
Labour shortages continue to have a material impact on firms, 12% saying they shrank in the last year as they were unable to make the most of new demand from customers.
17 October 2023
United Kingdom
Leaders must collaborate in face of global crises
Dog-eat-dog business will no-longer cut the mustard when it comes to the private sector addressing systemic crises such as climate change.
09 October 2023
United States
US consultancies struggling to find projects in China
Amid a state security crackdown on the professional services sector and foreign capital flight due to worsening geopolitical conditions, US consultancies are struggling to find work in China, accordi
26 July 2023
United Kingdom
Professional services firms maintain headcounts as demand grows
The UK professional services market is increasingly upbeat about its prospects, with a new survey finding 88% of leaders expect to grow contract activity over the next year.
19 May 2023
Australia
PwC sends global leaders to Australia to damage control spiralling crisis
Facing the risk of spiralling global crisis, PwC is scrambling to contain the damage caused by the ‘government leak scandal’ in Australia.
12 May 2023
United Kingdom
Consultancies join CBI exodus over sexual assault allegations
Several of the largest consulting firms in the UK have either cut ties or suspended their engagement with the country’s foremost business lobby group, after a number of sexualmisconduct allegations w
25 April 2023
Argentina
Historic drought in Argentina risks currency reserves crisis
A prolonged period of drought has led to a massive drop in Argentina’s agricultural exports, seeing US dollar reserves of the Central Bank of Argentina depleted to an alarming level.
18 April 2023
United States
How to manage impact of weather events on construction projects
With weather events increasing in frequency and severity, consulting firm HKA outlined several steps companies can take to manage associated risk and costs.
03 April 2023
United States
KPMG defends clean audits of SVB and Signature Bank
KPMG US defended its clean audit opinions of Silicon Valley Bank and Signature Bank, both of which collapsed within two weeks of KPMG signing off on their financials.
17 March 2023
Australia
KPMG slashes 200 jobs in management consulting business
The Australian arm of KPMG expects to axe around 200 jobs in the coming months, following a slowdown in the firm’s management consulting business.
20 February 2023
United Kingdom
Rethinking business strategy between the pandemic and the recession
Between the massive disruption of the pandemic’s lockdown phase, and a steadily approaching global recession, businesses have a critical window of opportunity to plan for the future.
15 February 2023
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