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...The move by Griggs marks a reversal of his predecessor’s marquee strategy, which had prompted widespread debate about the Big Four business model when it was implemented....
...strategies were effective in many cases, those salary increases continue to have a negative impact on service margins today in markets where demand tempered in the second half of 2022 and in 2023,” said Mark...
...The debt deal with Apollo marks one of the largest deployments of private capital into professional services and will be closely watched by the rest of the accounting sector, which has typically shied away...
...A separation of EY’s consulting arm would mark the biggest overhaul in the accounting profession since the collapse of Enron auditor Arthur Andersen more than two decades ago, which reduced the Big Five...
...Companies and auditors alike had expected 2022 could mark the beginnings of a shift in fees....
...As well as chief executive Mark Newman, the company placed chief financial officer Jonathan Lock and controller Camela Wisel on leave....
...Sonja Hutson Stephen Foley is the FT’s US accounting editor. Thanks, Stephen. Stephen Foley No problem. Thanks very much....
...Mark McTigue, tax insurance specialist at broker Marsh, said the number of insurers willing to underwrite tax risks had increased fivefold since he joined the company six years ago and Marsh had already...
...East overtakes the lead with A♠ and returns J♠. When this holds the trick, he switches to 10♣. Declarer rises with A♣ and reflects on the play to date....
...Kande’s elevation marks the first time PwC has picked someone from the firm’s consulting side, rather than from audit or tax, which still account for most of PwC’s $53bn in annual revenue....
...But it was his 1995 trial over the murder of his ex-wife, Nicole Brown Simpson, and her friend Ronald Goldman, that would leave an indelible mark on American society....
...Many British retailers including Marks and Spencer, John Lewis and Tesco, entered financial services in the 1990s, at a time of strong lending growth....
...A Marks and Spencer superapp would be catnip for investors and Middle England alike. Little wonder that a report claiming it was on the cards sparked the odd frisson....
...East’s return of 2♠ marks him with four spades or two (if he started with three spades, he would return the higher of remaining cards)....
...“What is different after this meeting is the yen now has upside potential,” said Mark Farrington, global macro adviser at Farrington Consulting....
...Prepared by Malcolm J Merriweather, the Summer for the City Chorus was superb....
...Chris Rossbach, a fund manager at J Stern & Co, said it had voted in favour of Disney’s board recommendations....
...At $500mn, it would mark the largest since the listing of liquor group ZJLD in April....
...As for restaurants, La Latteria in the centro storico hits all the marks for me....
...The strong performance from Tesco and M&S comes a day after rival J Sainsbury disappointed investors with weak general merchandise sales....
...His Simpson’s reboot, meanwhile, sounds like it will be comparable to previous revivals of The Ivy and J Sheekey. “Hopefully, I know how to do Simpson’s,” he says....
...There is one massive exception to all this: K-pop and J-Pop. In the world of Korean pop, superstardom is very much still in business....
...His paintings answer TS Eliot’s call to modernism in “The Love Song of J Alfred Prufrock”: “It is impossible to say just what I mean!...
...US accountants: Faced with a wave of retirements and a talent shortage, the industry needs to make it cheaper and easier to become an accountant, writes Stephen Foley....
...That marks a rapid shift in thinking for traders, who in mid-July had been pricing in UK rates rising to around 6.4 per cent by the end of the year....
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