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Professional services

  • Tuesday, 3 December, 2024
    Accounting & Consulting services
    Audit firms sharpen knives for oversight panel under Trump

    Threat to accounting board is greatest since it was created in the wake of the Enron audit scandal, accounting veterans say

    Accounting board chair Erica Williams
  • Sunday, 1 December, 2024
    Legal services
    US government lawyers seek corporate jobs as Trump threatens layoffs

    Staffers look for private sector opportunities after incoming administration floats widespread cuts

    Businesspeople in suits with their back to the camera looking at a photo the New York City skyline
  • Friday, 29 November, 2024
    Due Diligence
    Can Slaughter and May fend off the Americans? Premium content

    Plus, Hong Kong draws up potential crypto tax breaks for the super-rich and Goldman Sachs switches teams in UK takeover bid

  • Thursday, 28 November, 2024
    News in-depthSlaughter and May
    Can Slaughter and May survive London’s US invasion?

    The elite British law firm, known for its blue-chip clients, has bet the future on culture

    The office of the Law firm Slaughter and May in London
  • Wednesday, 27 November, 2024
    Management consulting
    Britain’s biggest export sector is, or possibly isn’t, in trouble

    Time to see a consultant?

  • Wednesday, 27 November, 2024
    Legal services
    Simpson Thacher and HSF target Luxembourg in private equity push

    Top law firms are opening new European bases as investment grows

    A view of the Luxembourg skyline at sunset
  • Tuesday, 26 November, 2024
    UK local government finance
    UK spending watchdog refuses to sign off government accounts

    National Audit Office criticises ‘material and pervasive’ gaps in public sector audits

    Gareth Davies, head of the National Audit Office, standing inside the spending watchdog’s headquarters in Victoria, London, England
  • Tuesday, 26 November, 2024
    News in-depthUK economy
    ‘Punching above its weight’: professional services drive UK economic growth

    Resilience of wide-ranging sector comes as momentum slows in other industries

    Output in professional services, scientific and technical activities grew 0.7 per cent in the third quarter
  • Monday, 25 November, 2024
    Accountancy
    BDO bucks gloom with first pay rise for UK partners in three years

    Fifth-largest accounting firm hits £1bn in revenue despite market ‘uncertainty’

  • Friday, 22 November, 2024
    Thames Water
    Thames Water faced with £100mn bill from creditors’ advisers

    Fees represent an additional drain on finances of troubled UK utility as customer bills are set to rise

    Thames Water vans are parked on a road
  • Friday, 22 November, 2024
    McKinsey
    McKinsey nears $600mn settlement with US over opioid claims

    Payment would significantly raise cost to firm of its past work for opioid makers

    Three bottles of OxyContin
  • Wednesday, 20 November, 2024
    Grant Thornton UK LLP
    Grant Thornton UK picks private equity over US merger

    Accounting firm agrees to sell stake to buyout group Cinven

    Offices of Grant Thornton
  • Tuesday, 19 November, 2024
    Deloitte LLP (United Kingdom)
    Deloitte UK plans to axe 180 advisory roles in fresh round of job cuts

    Restructuring is latest sign of weakness in consulting industry after end of pandemic-era boom

    A man passes a Deloitte sign at the company’s London offices
  • Tuesday, 19 November, 2024
    The Big Read
    The rehabilitation of KPMG in the UK

    The years of audit failings and regulatory fines at its UK business are over, but some worry the firm is still losing ground to rivals

    Jon Holt and KPMG’s logo
  • Monday, 18 November, 2024
    Accounting & Consulting services
    Private equity buyers snap up two more US accounting firms

    Investcorp’s purchase of PKF O’Connor Davies and Centerbridge investment in Carr Riggs extend run of deals

    Buildings in the Manhattan skyline in New York
  • Monday, 18 November, 2024
    UK Government
    Top UK government lawyer calls for ‘revolving door’ with industry as pay gap widens

    Legal department is losing staff as big US law firms spur salary increases in private sector

    Susanna McGibbon
  • Thursday, 14 November, 2024
    Accountancy
    Ex-BDO auditor banned for 20 years for faking signatures and documents

    UK watchdog said Amanda Nightingale had ‘acted with sustained dishonesty’ in her role as senior manager

  • Thursday, 14 November, 2024
    LexLegal services
    Why size matters in transatlantic legal mergers Premium content

    Discrepancy in profitability between US and UK market presents big challenges

    Exterior of the office building of Herbert Smith Freehills
  • Tuesday, 12 November, 2024
    Special ReportAccelerating Business
    Meet the specialists digitising companies’ legal teams

    Five legal operations professionals stand out for their efforts to harness AI and other emerging tech tools

  • Monday, 11 November, 2024
    Legal services
    Herbert Smith Freehills to merge with Kramer Levin

    Combination comes amid wave of deals and will create one of top-20 legal groups globally

    The exterior of UK firm Herbert Smith Freehills
  • Tuesday, 5 November, 2024
    Super Micro Computer, Inc.
    Super Micro says review found ‘no evidence’ of fraud after auditor resigned

    Server maker’s shares fall further after release of lacklustre preliminary results

    Super Micro chief executive Charles Liang, right, with Nvidia chief executive Jensen Huang
  • Monday, 4 November, 2024
    Business InsightStephen Foley
    Tensions erupt over US audit quality

    Senators Elizabeth Warren and Sheldon Whitehouse publicly clash with accounting regulator Christina Ho

    Elizabeth Warren raises her left hand as she makes a point during a speech
  • Sunday, 3 November, 2024
    LexLaw
    How top lawyers earn their bragging rights on pay Premium content

    Arrival of US firms has pushed up top UK law firms’ charge-out rates by almost 40% in five years

    There have been big changes in the London legal market
  • Friday, 1 November, 2024
    PwC
    PwC accused of interfering in Australian tax leaks probe

    Documents reveal PwC International threatened to expel local firm if it co-operated with scandal investigation without permission

    The PwC logo on the top section of a building housing the PwC Australia office in Sydney, with the view partially obscured by trees in the foreground
  • Friday, 1 November, 2024
    Accounting & Consulting services
    BDO ordered to pay $5mn to Jay-Z accountant in unfair dismissal case

    Details of the dispute have become public after former partner petitioned to enforce an arbitration award

    A montage of Jay-Z with a BDO logo
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