Newsroom

Deloitte has launched iDeal, an M&A solution using analytical tools and visualisation techniques to support acquirers during their due diligence investigations.  

The number of FTSE 100 companies receiving less than three-quarters of votes in support of their remuneration report so far this year is already higher than in the ‘shareholder spring’ of 2012, according to Deloitte’s annual FTSE 100 remuneration report.

As of 0830hrs BST on Wednesday 31 August 2016, Premier League clubs’ total gross spending stood at £1.005bn, according to Deloitte’s Sports Business Group. Premier League clubs’ net spending stood at £527m.

Deloitte, the business advisory firm, has increased Group revenue by £313m in the year ended 31 May 2016, topping £3bn for the first time. 

Commenting on today’s ONS retail sales figures, Ian Geddes, UK head of retail at Deloitte, said: "Retail sales volumes and values have increased strongly, possibly as a result of July’s weather being a big improvement on June’s damp start to the summer."

David Strachan, partner and head of Deloitte’s EMEA Centre for Regulatory Strategy, said: “The headline results on capital ratios are better than what might have been expected, reinforcing greater steps towards bank resilience the sector as a whole has taken."

The global private credit market, an alternative source of financing for small and medium sized enterprises, is flourishing, with institutional capital supporting increased lending in Europe in particular, according to a report by the ACC, AIMA and Deloitte.

Despite a slight monthly quarterly drop in sales volumes of 0.9%, June’s figures show a strong year-on-year rise of 4.3%. While many will look for the negatives, these are essentially very positive results.

Confidence among the Chief Financial Officers (CFOs) of the UK’s largest companies has taken a sharp fall following the referendum on the UK’s membership of the European Union (EU), according to Deloitte’s latest CFO Survey.

Equipping the workforce with strong cognitive and social skills will be a larger benefit to the UK than just technical skills and knowledge according to research by Deloitte, the business advisory firm.

The PRA underlines the importance of translating the theory of bank resolution into practice.

The UK leisure market is worth £117 billion in revenue and is growing nearly twice as fast as the retail sector, according to a new state-of-the-sector report and a survey of 3,000 UK consumers from Deloitte, the business advisory firm.

A number of banks took significant steps to prepare and contingency plan for the potential implications before the Brexit vote.This included looking at the immediate aftermath of a Leave vote, as well as the longer term implications.

For some financial services firms, particularly those which use the UK as a hub to passport or provide services on a cross-border basis into other EU Member States, the terms of access which the UK negotiates to the Single Market will be fundamental to their future strategy and business models.

Mike Turley, UK and global head of public sector at Deloitte, the business advisory firm, said: "While every part of the UK economy starts to grapple with the implications of our departure from the EU, just one – the public sector – will ultimately be responsible for its implementation."

“The top line figures are strong for May, however, the competition for shoppers remains intense, as prices continue to fall."

Commenting on the latest inflation statistics published this morning by the Office for National Statistics, Ian Stewart said: “Inflation is up from its all-time lows but is still way too low. The fight against low inflation continues. The era of ultra-low interest rates has much further to run.”

Deloitte, the business advisory firm, has appointed Andrew Bulley as partner in the EMEA Centre for Regulatory Strategy (“The Centre”). Andrew joins from the Bank of England and is a voting member of the board of supervisors of the European Insurance and Occupational Pensions Authority (EIOPA).

The 92 Premier League and Football League clubs generated more than £4 billion in revenues for the first time in 2014/15, a new record, according to the 25th Annual Review of Football Finance from the Sports Business Group at Deloitte.

Deloitte, the professional services firm, is proud to support Timewise, the flexibility experts, by joining the ‘Hire Me My Way’ initiative.

Non-traditional lenders may only account for approximately £35.5bn of the borrowing market by 2025, suggesting that banks will continue their dominance of the lending market now and in 10 years’ time, according to Deloitte, the business advisory firm.

This new legislative framework will force the insurance industry to change how they think about risk as it challenges the fundamental assumption on driver behaviour. We are already beginning to see motor insurance that focuses on when and where a car is driven.