Consumer confidence in the UK has improved slightly in the second quarter of this year, following a record decline in consumer confidence in the first quarter of the year, according to the latest Deloitte Consumer Tracker.
Finance leaders expect a slow pick-up in activity, with no quick bounce back anticipated, according to Deloitte’s latest CFO survey. The survey found that almost half of CFOs surveyed (49%) do not expect demand for their own businesses to recover to pre-pandemic levels until after the second q
The UK's inflation rate rose to 0.6% in June as the coronavirus lockdown restrictions began to ease.
The Financial Reporting Council (FRC) is seeking to slap Big Four audit firm Deloitte with a record £15 million fine in connection with failures in its audit of Autonomy. An FRC Tribunal ruled yesterday that Deloitte "failed to discharge its public interest duty" in its audit of Autonomy prior
In yesterday's summer economic statement, chancellor Rishi Sunak announced a number of measures aimed at supporting the UK economy in the wake of the coronavirus pandemic, such measures include a temporary 5% VAT cut for the food and hospitality industry. The cut marks a significant reduction from t
The Financial Reporting Council (FRC) has ordered the UK's Big Four accountancy firms to separate their audit practices by June 2024. The FRC has outlined a set of principles for the operational separation of audit functions within PwC, Deloitte, KPMG and EY. The watchdog has ruled that the four&nbs
In the face of unprecedented health and economic disruption caused by the COVID-19 pandemic, millennials and Gen Zs express resolve and a vision to build a better future, according to a new survey by Deloitte.
The Scottish economy is now in its deepest recession in living memory, according to the latest Economic Commentary by the Fraser of Allander Institute at the University of Strathclyde.
UK retail sales rebounded by 12% in May signalling a slight recovery from their record falls due to the coronavirus lockdown restrictions.
The UK's inflation rate has hit a four-year low as the coronavirus lockdown restrictions pushed the rate down to 0.5% in May.
Overall secondary offerings have reached £14.7 billion across 135 transactions in the UK for the year to date, according to new analysis from Deloitte. A secondary offering refers to the sale of shares in a listed company occurring after a company's IPO, with the transaction taking p
Kris Keane, director at big-four audit firm Deloitte, details how firms can emerge from lockdown stronger than when they entered it. A typical crisis plays out over three time frames: ‘respond’, in which a company deals with the present situation and manages continuity; ‘recover&rs
The majority of financial services workers are anticipating spending more time working from home even after the coronavirus lockdown measures are lifted, according to a new survey by Deloitte.
Business confidence in the UK has reached a record low due to the impact of COVID-19, according to the latest CFO Survey by Deloitte.
Consumer leisure spending in the UK dropped by seven percentage points in the first three months of 2020 compared to 2019, according to the latest Leisure Consumer report by Deloitte.