Janet Truncale’s alternative to failed spin-off of consulting arm is criticised for lacking detail
Tension between Beijing and Washington has increased scrutiny of western businesses operating there
Janet Truncale has told company’s 400,000 staff she wants to simplify operations instead
Metals group has covered $24mn of costs for lenders still owed billions
Big Four firm has carried out review of cost base and is also facing a drop in number of staff leaving
James Purnell is latest appointment with links to Keir Starmer’s party ahead of election
Both Tories and Labour pledge to cut reliance on external firms
Influential figure tells colleagues it is time to ‘hand on the baton’
Sanjeev Krishan seeks place alongside China counterpart on influential network leadership team
Affected people ordered not to tell colleagues why they are leaving and given ‘suggested wording’ for farewell messages
Consulting firm aims to hire ‘hundreds’ of partners and staff to increase deal advisory work
Bank is one of employers that withdrew job offers to foreign graduates after Britain tightened visa rules
Tie-up is biggest strategic change at accounting and consulting group since Jon Holt took over as UK chief executive in 2021
Auditor KPMG requests more time to ‘complete the usual standard procedures’
Head of business restructuring, Mark Shaw, elected new managing partner
Role in approving accounts has led to infighting at Big Four firm as clients reconsider relationship
Three in four audit reports did not provide alerts that companies risked going bankrupt, think-tank finds
International students have had UK job offers rescinded after visa changes made hiring them too expensive
Government has brought in higher salary thresholds for skilled workers as part of efforts to cut migration figures
The 2021 collapse of the business trapped $10bn of assets in supply chain finance funds run by Credit Suisse
UK watchdog imposes penalties during review of group at centre of retail savings scandal
Big Four firm names new head after three-way race that included female candidates for first time
Big Four firm’s move prompted by government decision to raise salary threshold for skilled worker admission
CEO projects share of sales will double as companies integrate technology into operations
McKinsey’s mid-year reviews are the latest attempt to increase ‘attrition’
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