Financial markets rattled by Bank's Brexit Bazooka

Financial markets rattled by Bank's Brexit Bazooka

The Bank of England's latest bond-buying spree has rattled financial markets by stoking fears that the massive £70bn post-referendum rescue package could be overshooting its mark.

Teradata buys UK analytics consultancy Big Data Partnership

Teradata buys UK analytics consultancy Big Data Partnership

International technology services provider Teradata has boosted its technology consulting portfolio with the acquisition of Big Data Partnership, a London-based big data solutions and training firm. The acquisition, which sees around 60 staff transfer to Teradata, will be integrated into the Think Big consulting practice of the publicly-listed US company.

Keep Calm and Carry On

Keep Calm and Carry On

The City's top financial services firms are keeping calm and carrying on in the face of the UK’s shock vote to leave the European Union, according to new research from accountancy giant EY published today.

EY and KPMG make further tweaks to job application process

EY and KPMG make further tweaks to job application process

n a bid to improve their hit among millennials, and bolster the internal efficiency of their recruitment process, EY and KPMG have announced a latest round of tweaks to their job application process. KPMG is shortening the recruitment process from weeks to a matter of days, while EY has removed a degree classifications and changed its view on high school performance, for entry to its ranks.

EY launches Microsoft-backed analytics platform for retail industry

EY has, as part of its strategic alliance with Microsoft, launched a ‘Commercial Analytics Services Hub’. The new cloud-based analytics platform will, according to the Big Four firm, help consumer products and retail companies build a strategic advantage by leveraging data related insights, such as those on consumer choices, allowing for better internal decision-making.

Cognizant acquires Idea Couture, boosts digital design capabilities

Cognizant acquires Idea Couture, boosts digital design capabilities

Cognizant has acquired Idea Couture, a creative design and consultancy agency, for an undisclosed sum. The acquisition further boosts its Cognizant Digital Works practice, as more and more clients seek to leverage innovative design within new customer and employee user experiences for digital applications.

Asian IT consulting firms PMsquare and Cornerstone strike merger

Asian IT consulting firms PMsquare and Cornerstone strike merger

PMsquare and Cornerstone Performance Management, both Asia-based IT consulting firms, have merged. The Australian operations of the two consultancies will, going forward, operate under the Cornerstone brand, while the wider Asian operations will retain PMsquare’s branding. 

Five key trends in UK consulting

Five key trends in UK consulting

The MCA’s 60th anniversary story mirrors that of our industry. In just the past decade, we have experienced growth, transformation and challenging times. We have diversified, developed new services, become more flexible and, yet, more strategic. And, like consulting itself, we now feel that we are on the cusp of a further period of fundamental, exciting and, perhaps, unknowable change.

Consulting giants, including PwC, Accenture and IBM, club together to figure out why so many women are fleeing the profession and not returning

Consulting giants, including PwC, Accenture and IBM, club together to figure out why so many women are fleeing the profession and not returning

Some of the biggest names in consulting have today joined together to figure out how they can prevent high-flying women from quitting their profession.

The firms – PwC, Accenture, IBM, KPMG and PA Consulting – are collaborating with the Management Consultancies Association (MCA) and She’s Back to identify why experienced women are leaving the workplace and not returning.

Accenture Achieves Lead Innovation Position in Winner’s Circle in HfS Research’s 2016 Energy Operations Blueprint

Accenture Achieves Lead Innovation Position in Winner’s Circle in HfS Research’s 2016 Energy Operations Blueprint

Accenture has been positioned in the “Winner’s Circle” and ranked as the leader in execution of the inaugural HfS Research 2016 Energy Operations Blueprint. Accenture’s position among the 13 energy operations service providers assessed was based on excellence, recognized by clients, in the key categories of innovation and execution.

McKinsey & Company downgrades its global energy demand outlook

McKinsey & Company downgrades its global energy demand outlook

The world is gradually moving away from traditional oil & gas sources as changes in technology, consumer behaviour and sustainable necessity continue to unfold. Together, and combined, the joining of forces is set disrupt the industry, a development which has material implications for carbon energy assets and investments made today.

20 Years - The Changing face of Recruitment

20 Years - The Changing face of Recruitment

1994 was the year I was introduced to the relatively unknown industry called IT sales recruitment! Little did I know or think that some 22 years later I would be recounting my memories and experiences of this ever evolving business which in 2016 saw annual global sales revenue reaching €450.4 billion! (Ciett 2016 Economic Report)

Deloitte Romania launches digital consulting practice

Deloitte Romania launches digital consulting practice

Deloitte Romania, a professional services firm, has announced the launch of its digital practice. The consultant Cosmin Costea of costeaconsulting.com, who has a background in digital business consulting, will lead the new division as strategy director.

KPMG revenue up 13pc on government, financial services

KPMG revenue up 13pc on government, financial services

Professional services giant KPMG has posted a 13 per cent increase in sales to $1.37 billion for the 12 months to June 30‎.

The result continues the stellar run of the big audit and consulting firms, with Deloitte and EY also posting double-digit revenue growth.

The top 15 digital consulting firms in the Netherlands

The top 15 digital consulting firms in the Netherlands

IBM, Capgemini and Atos are according to executives and managers in the Netherlands the country’s best consultancy firms in the field of digital consulting. HP and Accenture close of the top five, with two of the Big Four also recognised

Society Consulting team joins EY to strengthen digital analytics offering

Society Consulting team joins EY to strengthen digital analytics offering

EY says the team from Society Consulting, the market-leading analytics and big data consulting firm in Seattle, Washington, has joined Ernst & Young LLP in the US.   Society Consulting is known for aggregating, organizing and visualizing companies’ data to improve the customer experience for its clients across a variety of media channels, and creating scalable, actionable analytics solutions that span all customer touch points.

UK's Brexit vote expected to have global impact with fall in M&A deals

UK's Brexit vote expected to have global impact with fall in M&A deals

The UK’s Brexit vote is expected to hit global mergers and acquisitions (M&A) activity, a new study has found.

Seven in 10 global dealmakers believe that while it remains uncertain when and how the UK will leave the EU, the number of global transactions will fall overall.

Deloitte unveils plan to build blockchain-based digital bank

Deloitte unveils plan to build blockchain-based digital bank

Deloitte and ConsenSys Enterprise have announced the formation of a partnership, aimed at strengthening their respective blockchain proposition to clients. The promise of the technology, as well as the potential for disruption, have seen considerable interest from professional services firms in recent years – although challenges remain.

Banks need to act swiftly to avoid Brexit problems, warns report

Banks need to act swiftly to avoid Brexit problems, warns report

The banking sector needs to think quick to swerve some of the more negative effects of June's Brexit vote, a report out today suggests.

The study by the Boston Consulting Group (BCG) warns that, not only will the worsened economic outlook take its toll on banking sector performance, banks need to be preparing for action now, rather than being too cautious with a wait and see approach.

July 2016 Management Consultancy Salary Survey

July 2016 Management Consultancy Salary Survey

July 2016 Management Consultancy Salary Survey

It's been a very busy year so far in the management consulting world and this has been reflected in the activity relating to hiring talent.