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Deloitte comments on today's ONS inflation figures
Headline inflation has surprised on the upside but January’s rise is partly down to earlier reductions in prices falling out of the year-on-year calculations. Inflation remains in line with the Bank of England’s latest projections.
Deloitte appoints new Glasgow Senior Partner
An audit partner at the firm since 2016, Mitchell has over 20 years of experience in professional services, with deep roots in the Scottish market, and brings a wealth of knowledge to the role.
Deloitte comments on today's ONS GDP figures
GDP growth has come in above expectations in the fourth quarter but by a small margin. Underlying momentum remains weak.
Deloitte survey: business sentiment on the future of UK trade improves
Optimism about the future of the EU-UK relationship is high (64%), with fewer UK businesses (57%) reporting losses with the EU compared to two years prior (74%)
Deloitte comments on today's interest rate decision
The Bank of England’s decision to cut rates was widely expected. But its upgrades to its inflation forecasts will come as a surprise to many.
Deloitte comments on SMMT car reg figures for January 2025
It’s been a slow start for UK car sales in 2025 and the electric vehicle surge needs a bigger push. Without clearer industry support, a fully electric future risks stalling on the road.
Deloitte Regional Crane Surveys 2025
New construction starts down, but the residential sector continues to dominate development activity
Real Madrid break billion Euro revenue record to top the 2025 Deloitte Football Money League
The 28th edition of the Deloitte Football Money League reveals the 20 highest revenue generating football clubs globally for the 2023/24 season.
Deloitte unveils new Belfast headquarters at iconic Ewart Building
Deloitte has unveiled its new Belfast headquarters at The Ewart, bringing its more than 1,300 people in Northern Ireland together in the same office for the first time.
Consumer confidence stalls in final quarter of 2024
Overall consumer confidence was unchanged in the final quarter of 2024 with a marginal -0.2 percentage point drop.
Deloitte comments on ONS retail sales
Festive spending failed to provide a much-needed boost to retail in the latter part of 2024, with sales falling both month-on-month and quarterly.
A €100 million milestone: Top ranked women’s football clubs generate record breaking revenues
For a third year, the Deloitte Football Money League profiles 15 of the top revenue generating women’s clubs, with more leagues analysed than ever before.
Deloitte: 2024 property insurance payouts expected to hit highest level in almost two decades
Payouts relating to property damage in 2024 are expected hit their highest level in 17 years, according to analysis of the UK insurance industry by Deloitte.
CFOs expect further cost cutting in 2025
Deloitte’s latest survey of UK Chief Financial Officers (CFOs) shows that business optimism fell to a two-year low in the fourth quarter. A net 26%1 of CFOs reported feeling more pessimistic about the prospects of their business than three months ago, marking the first time sentiment has tipped into negative territory since the second quarter of 2023. Nonetheless, confidence is well above the lows seen in 2020 and 2022.
UK drivers among most sceptical globally about AI in cars
British drivers are among the most sceptical in the world when it comes to having artificial intelligence (AI) in vehicles, according to research by Deloitte.
Deloitte comments on new SMMT car reg figures for December 2024
The additional financial pressures of the festive period may have discouraged the purchase of big-ticket items, therefore affecting new car sales for December, but demand for electric vehicles remain strong.
Deloitte Practice Senior Partner included in King’s New Year Honours List
Jo Ahmed, the Practice Senior Partner for Deloitte in the North West, has been awarded an MBE in the King’s New Year Honours List for services to Business and Trade.
Deloitte comments on ONS retail sales
Despite Black Friday not being captured in November’s figures, retail sales returned to positive territory, with consumers opting for earlier Christmas shopping to get ahead. This will be a boost for the retail sector, albeit slightly below expectations, with grocery and certain non-food retailers seeing their positive results offset by a slump to clothing and online sales.
Deloitte comments on today's interest rate decision
An end of year pickup in inflation and in earnings has pushed back the timing of UK rate cuts.
Deloitte comments on today's ONS inflation figures
The big declines in inflation are behind us. Next year inflation is likely to run closer to 3.0% than to its 2.0% target. Wage growth of over 5.0% and a surge in government spending could keep inflation higher for longer.
Unwrap your potential with Deloitte: New opportunities for undergraduate work experience
Four hundred first year university students will gain exciting paid work experience at two events hosted by Deloitte in Manchester next April. Students will have the opportunity to learn about the firm and a career in professional services, and take part in business games, skills sessions, and debates.
Deloitte comments on today's GDP figures
Today’s GDP data release suggests that UK growth had weakened significantly before the autumn budget.
Deloitte comments on new SMMT car reg figures for November 2024
It's great to see more electric vehicles hitting the roads in November, highlighting their steady and continued growth in popularity. The government’s decision to consult on the Zero Emission Vehicle mandate could also be an opportunity to refine the implementation of the mandate, ensuring a smooth and sustainable transition.
Disability inclusion at work report
New report finds UK workers face workplace barriers due to disabilities, chronic health conditions and neurodivergence.
Deloitte appoints new Audit & Assurance leaders
Deloitte has announced the appointment of Allee Bonnard and Paul Stephenson to the roles of UK and North and South Europe (NSE) Managing Partner for Audit & Assurance (A&A), respectively.
Deloitte's London Office Crane Survey: New construction starts dip but developer optimism remains
The winter 2024 edition of the London Office Crane Survey has revealed a decline in new construction starts, a decrease in delivered projects, and refurbishment starts falling below the level of new builds for the first time in 4.5 years.
Deloitte comments on ONS retail sales
After a few months of positive growth, October’s retail sales figures paint a more subdued picture, with Halloween festivities failing to continue the upwards sales trajectory.
Deloitte comments on today's GDP figures
UK growth has slowed over the summer months. After the surprisingly strong first half, this was perhaps inevitable. But activity in the production sectors, especially manufacturing, has weakened significantly.
Deloitte comments on Mansion House regulatory news
The Chancellor’s recognition that we cannot take the UK’s standing as a global financial centre for granted will be welcomed.
Allica Bank retains spot at top of the Deloitte UK Tech Fast 50 ranking
Deloitte has today announced the winners of the 2024 UK Technology Fast 50 awards.
Deloitte comments on today's interest rate decision
The Bank of England is in agreement with investors, judging the recent Budget as inflationary.
Deloitte comments on 'failure to prevent' fraud guidance
The ‘failure to prevent’ fraud legislation – alongside the change to the identification doctrine – marks the biggest changes to the law in this area for a generation.
Over 1,000 school students to benefit from Deloitte’s work insight programme
Deloitte is encouraging students in Years 9 to 12 to apply for Career Shapers – a work insight programme showcasing exciting careers in professional services.
Deloitte comments on new SMMT car reg figures for October 2024
Sales were subdued in October as new car registrations fell by -6.0% which can likely be attributed to the current financial strains faced by consumers. However, it is encouraging to see market share of battery electric vehicles increasing, but more needs to be done to meet the zero-emission vehicle target of 22% for 2024.
Deloitte partners with catalyst to open new city centre innovation hub in the Ewart Bedford street
Deloitte and Catalyst have today announced a new partnership which will establish a new hub for entrepreneurs in Belfast city centre.
Cost and sustainability fatigue stifle consumers’ efforts to adopt more sustainable lifestyles
There is evidence of growing consumer fatigue when it comes to making sustainable choices in 2024, according to the fifth edition of Deloitte’s Sustainable Consumer Report.
Deloitte comments on ONS retail sales
A back-to-school boost saw retail sales rise for a third consecutive month, with sales of computers and additional clothing and footwear bolstering growth.
Consumer confidence reaches five-year high
UK consumer confidence rose 1.7 percentage points in the third quarter of 2024, according to the latest Deloitte Consumer Tracker, based on responses from 3,200 UK consumers aged 18+ between 6 and 8 September 2024.
Deloitte comments on today's ONS inflation figures
Price pressures continue to recede in the UK. Softening wage growth and services pricing point to further easing in the coming months.
Deloitte European Hotel Industry Survey 2024: London and Edinburgh remain hotel investment hotspots
For the second consecutive year, senior hospitality figures and investors have ranked London as the most attractive European city for hotel investment in the year ahead, according to the 2024 European Hotel Industry and Investment Survey by Deloitte.
Geopolitics remain the biggest risk to business for UK CFOs
Deloitte’s latest survey of UK Chief Financial Officers shows that corporate confidence edged lower in the third quarter of 2024, following a strong bounce in optimism after the General Election.
Deloitte comments on today's ONS GDP figures
This pickup in August does little to mask the fact that UK growth is slowing after a surprisingly strong start to the year.
Deloitte comments on new SMMT car reg figures for September 2024
It’s encouraging to see car sales increasing a percentage point year-on-year in September. We expect demand to further increase as figures from Deloitte’s upcoming consumer tracker show that 7.2% of consumers plan to buy a new or used car in the next three months, up from 6.6% last quarter.
Deloitte UK reports 2024 financial results
This is a strong set of results in a challenging market, against a difficult economic and geopolitical backdrop.
Deloitte comments on ONS retail sales
The late arrival of sunshine and the busy agenda of sporting events in August gave a much-needed lift to UK retail sales, with consumers spending more on summer clothing ranges and food for outdoor socialising.
Deloitte comments on today's interest rate decision
A weakening jobs market helped trigger yesterday’s big US rate cut and we expect a similar pattern to start in the UK, with softer job and wage data paving the way for the Bank of England to cut rates in November and December.
Deloitte comments on today's ONS inflation figures
The big picture in the UK is of receding inflation pressures.
Deloitte UK equalises paid parenting leave
New equal family leave policy means all parents will be eligible for 26 weeks’ fully paid leave
Deloitte comments on today's ONS GDP figures
The bounce in growth in the early months of the year has faded over the summer.