Business in Britain June 2017

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Business in Britain June 2017

Business confidence has risen significantly in the last six months according to the latest Business in Britain report. The survey, now in its 25th year, offers insights on the recent performance and expectations of domestic businesses. The survey is based on the responses of over 1,500 firms, especially small and medium-sized companies, drawn from all industries and all parts of the country.

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China is leading the 'automobility' revolution

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China is leading the 'automobility' revolution

China's unique urban transportation challenges, high rate of adoption of mobile internet services, and rapid and aggressive introduction of alternative mobility solutions have combined to make the country a fertile ground for mobility innovation.

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Walkie Talkie building sold to Hong Kong firm for a record £1.3bn

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Walkie Talkie building sold to Hong Kong firm for a record £1.3bn

A Hong Kong firm has snapped up London's landmark Walkie Talkie skyscraper for a record £1.3bn.

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China’s retail banking poised to outgrow corporates as lenders aim for lower cost.

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China’s retail banking poised to outgrow corporates as lenders aim for lower cost.

Retail banking enjoys strong growth momentum in China as lenders are gearing up to build up the business with lower funding cost and better assets quality.

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Cooling M&A fever a temporary lull

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Cooling M&A fever a temporary lull

Chinese companies spent a record US$227 billion (Br 7.6 trillion) acquiring foreign companies last year – six times what foreign companies spent acquiring Chinese firms.

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Navigant Appoints 2 New Managing Directors for Asia Segment

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Navigant Appoints 2 New Managing Directors for Asia Segment

Navigant Consulting, Inc.NCI continues to expand its Disputes, Forensics & Legal Technology segment in Asia with the appointment of two new managing directors, Neill Poole in Hong Kong and Gagan Puri in Singapore.

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Manufacturers in China ‘ill-prepared for Industry 4.0’ says McKinsey report

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Manufacturers in China ‘ill-prepared for Industry 4.0’ says McKinsey report

McKinsey sent the warning when it launched a Digital Capability Centre at Tsinghua University, the fifth it has set up after ones in the United States, Germany, Italy and Singapore, to facilitate the application of smart production and digital operation to reshape manufacturing.

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NAB Sells Consulting Business

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NAB Sells Consulting Business

Another Australian bank has started to shed its non core assets. Under the leadership of CEO Andrew Thorburn, NAB has been disposing of poorly performing or non-core businesses, especially offshore.

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Investment consultants plan to fight UK competition probe

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Investment consultants plan to fight UK competition probe

The world’s biggest investment consultants plan to fight on against a full-blown competition probe in the UK. Aon Hewitt, Willis Towers Watson and Mercer had all recommended competition rules to the country’s financial watchdog, which were deemed too little too late. The Financial Conduct Authority will now consider if their study into the conflicting interests in the sector are grounds enough to refer it to the anti-trust authority.

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The Coming Rise Of Women In Manufacturing

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The Coming Rise Of Women In Manufacturing

What do you think of when you consider a 10-year-old tech company? Progessive? Egalitarian? Now, how about a 125-year-old manufacturing company? Old-school? Male-dominated? You wouldn’t be alone.

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Consulting matchmakers Catalant raise $41 million in new capital

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Consulting matchmakers Catalant raise $41 million in new capital

Digital matchmaking start-up Catalant has received a new round of capital investment. The Boston-based firm which helps companies select and engage with consultants has raised an additional $41 million in new investment, as the group’s Series D funding round draws to a close. The new injection brings Catalant's total financing to more than $73 million.

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Employers 'having to pay more to recruit new staff'

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Employers 'having to pay more to recruit new staff'

Many UK employers have had to pay "well above market rate" to attract employees over the past year as a skills shortage intensifies, a survey suggests.

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Cognizant opens Collaboratory lab in London, second in Europe

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Cognizant opens Collaboratory lab in London, second in Europe

Cognizant yesterday formally opened a new Collaboratory lab in London, after Amsterdam its second in Europe. The new interactive work space brings together a multi-disciplinary team of social scientists, design thinkers, creative technologists, engineers, and strategists to help organisations transform and reimagine their business, operating, and technology models for the digital era.

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You Have to Test Yourself Against the Best

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You Have to Test Yourself Against the Best

You’ll never know just how good you could be unless you are right on the edge of your comfort zone, one step away from either failure or glory.

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Accenture raises the stakes with $1.8 billion acquisition plan

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Accenture raises the stakes with $1.8 billion acquisition plan

Consulting and technology giants Accenture have announced plans to spend a huge $1.8 billion on acquisitions to strengthen its global outfit – significantly more than what its biggest rivals have spent in the past years combined.

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Overworked Britons wasted 163 million annual leave days in 2016

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Overworked Britons wasted 163 million annual leave days in 2016

UK workers gifted employers an extra £17 billion in free work over 2016, as they didn’t make (full) use of their entitled holiday time.

Research commissioned by holiday firm Airtours has revealed that in 2016, 40% of the British workforce were guilty of not utilising their full holiday entitlement, with one in six employees also admitting to having more than a full working week of unused holiday spare.

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Consulting firms among UK's top employers for social mobility

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Consulting firms among UK's top employers for social mobility

A new index to promote upward mobility has found Grant Thornton to be the top UK employer social mobility. They were joined in the top 20 by Big Four members KPMG in second place, Deloitte in fifth and PwC in seventh and EY as the 16th best employer for social mobility. While the top firms are moving to tackle the issue however, the Index also revealed a sustained effort is still needed to boost state-school intake at top firms.

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The five main impacts of 5AMLD regulation for financial institutions

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The five main impacts of 5AMLD regulation for financial institutions

Matt Taylor, a Managing Director in the Risk and Compliance wing of Protiviti, reflects on the impact of the Fifth EU AML Directive (5AMLD) and provides tips how organisations can best prepare for the new regulation.

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Projective expands into Germany with new office in Frankfurt

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Projective expands into Germany with new office in Frankfurt

Projective, a consultancy and project management specialist, has entered the German market with the opening of an office in Frankfurt. By establishing an arm in Germany’s financial services capital, the firm anticipates growing its footprint in the country and wider DACH landscape. 

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Grant Thornton Windward Islands acquires Patterson & Co

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Grant Thornton Windward Islands acquires Patterson & Co

Grant Thornton Windward Islands has boosted its operation in St Vincent and the Grenadines with the acquisition of the Patterson & Co, formerly a BDO member firm. The deal, the value of which has not been disclosed, adds 17 staff to Grant Thornton, including Partner Floyd Patterson.

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