Surviving a shake-up: is restructuring ever good for staff?
As companies from Amazon to Citi overhaul management, experts warn that savings from job cuts can be overtaken by unintended consequences
Deloitte
Coimisiún na Meán could lose staff due to ‘negative work culture’, report warns
Regulator faces challenges in its relationship with department, Deloitte finds
Interpath Ireland set to post €13m of revenues in first full year of operation
Ken Fennell and Kieran Wallace, the founding managing partners, say the firm is currently trading profitably
EY’s Irish revenues rise by 10% to €772m
Big Four firm’s revenues comprise income for the island of Ireland up to the end of June 2024
Deloitte signs lease for new Irish head office at 1 Adelaide Road
The new HQ will enable the Big Four firm to consolidate its operations in Dublin under one roof
Data centres are energy-hungry and employ few people, so why does Ireland need more of them?
Inside Business podcast with Ciarán Hancock
Deloitte UK axes 250 employees in performance-related cull
The latest round of job cuts has not been announced across the Big Four firm
Instead of curbing data centres, we should build more to spark greater demand for renewable energy
Data centres will be a cornerstone of advanced economies, but they can also be a catalyst for reducing carbon emissions
RSM Ireland part of merger talks between related US and UK accounting firms
Transaction would create a $5bn transatlantic accounting firm focused on middle market businesses
Deloitte consultants paid €7.6m for advice and support to State on dealing with Ukrainian refugees
Roderic O’Gorman’s Department of Integration had contract with management consultants since March 2022
Deloitte UK partners pocket €1.2m despite slowdown
Revenue growth slows at Big Four firm as clients cut spending on consultants
Financing big projects: Make the right decisions at the outset
Debating the pros and cons of each funding option is the first step in planning a big investment project such as a wind or solar farm
Venture capital versus private equity – which will work best for your business?
To attract VC or PE your company needs to be at the right stage of the funding journey
PwC average UK partner pay falls to €1m as sales growth slows
Mounting costs dent profits at Big Four accounting firm
Corporate insolvencies set to hit highest level since 2017, Deloitte forecasts
Number of businesses folding in hospitality sector up 61% on last year with 108 so far in 2024, new figures show
Deloitte brings back face-to-face UK graduate interviews
Accounting regulator flags risk of online recruitment tests being susceptible to cheating
Former Aperee nursing home faces action over €162,000 in unpaid rates
Waterford City and County Council moves against Aperee Living Ballygunner which is now in receivership and seeking a buyer
Datalex shareholders urged to reject new chief executive’s sign-on bonus
Recommendation also made to vote against the re-election of non-executive director Peter Lennon
Number of firms going bust rose in the first six months of the year even as pace of failures slows
Rate of insolvencies still well below the financial crisis a decade ago
Increase capital gains tax relief for company owners in Budget 2025, says Deloitte
Big Four accounting firm also wants standard VAT rate cut to 21% and higher rate income tax threshold raised to €50,000
Dublin docklands office block let to WeWork being readied for sale at knockdown price
Savills engaged by receivers to recover monies owed to German lender by South Korean owners of No 2 Dublin Landings
Consultants face a many-sided crisis
Disruption is coming to bite the industry that made a cult of it
Taxation on investments: What changes might be on the way?
Consensus is that Irish system for taxing investments is inconsistent and offputting for investors
KPMG exam cheats hit with record US fine
Latest ethics scandal to hit a Big Four accountancy firm shows how hundreds of staff shared questions and answers
Deloitte reverses Covid cuts by expanding office space in London
Increasing attendance by staff in the office leads to decision on taking on new space
Business insolvencies rise more than 40% as hospitality sector comes under pressure
Some Irish businesses continue to struggle, PwC says, as Revenue’s warehoused debt deadline approaches
Hospitality sector insolvencies jump 142% in first quarter
35 restaurants and cafes became insolvent in the first three months of 2024, according to Deloitte
Deloitte launches biggest reorganisation in decade to cut costs
Revamp comes after Big Four firm decided against splitting up its audit and consulting businesses
Forget the broadcasters, accountants are now centre stage at RTÉ
The latest arrival on the RTÉ carousel is former KPMG chief Terence O’Rourke, with more accountants set to come to Montrose
Ireland is on the cusp of a historic pivot. The right choices can propel us toward rapid economic growth
Contrary to the misconception, the State can support enterprise and prioritise social justice. The two are symbiotic
Development activity in Belfast subdued last year, report finds
Deloitte’s latest regional crane survey showed 20 major schemes were under construction or completed in the city in 2023
RTÉ agreed new deal with Deloitte despite auditors finding no ‘control deficiencies’ in broadcaster three months before payments scandal broke
Two-year agreement was reached in October as RTÉ battled crisis of public and political confidence
Value of Irish funds industry grows, reversing 2022 decline
Growth driven in part by an increase in the value of exchange-traded funds during the year
‘I loved my job with PwC but…’
For some it is the relentless pace; others just have ambitions to run their own business
Hotel occupancy expected to remain ‘robust’ in 2024
A Deloitte survey predicts that extreme heat elsewhere in Europe is likely to drive up future demand for tourist accommodation in Ireland
Deloitte rolls out artificial intelligence chatbot to employees
About 75,000 staff to be given access to ‘PairD’ tool with advice to validate ‘accuracy and completeness’
What’s better than a good company rescue? No need for so many rescues in the first place
Rising rate of insolvencies in 2024 could be followed by bleak January for small businesses
Corporate insolvencies reach highest level in five years after 25% rise in 2023
Total of 663 insolvencies last year, with numbers in hospitality and construction jumping 62%, according to Deloitte Ireland
How will professional services handle the Great Stagnation?
Cutting from the lower-paid bottom ranks is not the answer to a slowdown in deals
KPMG growth lags that of Big Four rivals as it posts global revenues
Accountancy firm will need to boost sales by more than a third to catch the next smallest of the quartet
Successful use of artificial intelligence tools to find audit frauds, EY claims
However, auditors disagree sharply about how far they can rely on a technology that has not yet been widely tested and is often poorly understood
KPMG spin-off Interpath posts €12.4m loss as restructuring business cools off
Company’s fledgling Irish unit is understood to have turned a profit in the financial year to March and is planning further expansion in 2024
Deloitte and KPMG ask staff to use burner phones for Hong Kong trips
Policies come as Beijing increases control over international financial hub
Ireland ranks sixth in ‘infrastructure for good’ report
State fares comparatively well on sustainability, but underperforms on social and community impact, according to new barometer
Broadening the base: Should lower-paid workers pay more tax?
Government consultation on personal taxes calls for reform of system where between a quarter and a third of workers pay no tax or USC
Corporate insolvencies rising but no ‘tsunami’ on the horizon
Creditors take pragmatic approach to debt recovery, preferring restructuring to enforcement, say experts
Commercial property investors ‘handing back the keys’ to office properties
Seen & Heard: RTÉ core mission, ‘raft’ of new tech laws, Equinix investment plans and compensation for advice from Co Offaly firm
House prices and loan approvals, data centres in Ireland, and Ryan Tubridy’s farming gig
Business Today: the best news, analysis and comment from The Irish Times business desk
Deloitte Ireland reports 12% rise in revenues
Chief executive Harry Goddard said he is ‘cautiosuly optimistic’ about the Irish economy and continued growth
Big Four accountancy firms shed UK staff after pandemic hiring boom
‘Overhiring’ in some areas has led consultancies to make job cuts, say recruiters and analysts
Cost ‘a barrier’ to sustainable product choices for 2 in 5 people, survey finds
High number of consumers choosing sustainable goods should encourage business and government to do more, says Deloitte
Deloitte extends Big Four lead with $65bn in annual revenue
Consulting and accounting firm’s results buoyed by ESG work despite M&A slowdown
EY Ireland narrows search for Dublin HQ to four developments
Big Four accountant and advisory business looking to nearly double its office space in city centre
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