Tag: Deloitte

Auto Windscreens enters administration

Auto Windscreens enters administration

Auto Windscreens, which is the UK’s second largest windscreen repair and replacement company, has been placed into administration, putting more than 1,000 jobs at risk. Deloitte, which has been appointed as administrator for the Chesterfield-based company, said there were no funds with which it could continue trading. According to Deloitte, the company has suffered trading [...]

February 14, 2011 | 0 Comments More
Report reveals top execs in bonus cut

Report reveals top execs in bonus cut

A report by accountancy firm Deloitte has revealed a slight fall in executive bonuses - at a time when some major companies have been facing backlash from their investors over the size of their remuneration packages. According to Deloitte, the average bonus for FTSE 250 executive directors is now 60% of salary - 10% lower [...]

September 13, 2010 | 0 Comments More
Companies making “real progress” in profit rebuilding

Companies making “real progress” in profit rebuilding

According to a study by professional services firm Deloitte, 76% of companies in the UK, US and Europe have exceeded City forecasts when reporting their second quarter profits. As a result of the findings of the study which looked at 543 firms, Deloitte said companies are making “real progress” but warned that consumer incomes and [...]

August 9, 2010 | 0 Comments More
Jarvis administrators axe 1,100 jobs

Jarvis administrators axe 1,100 jobs

Administrators at Jarvis, the railway maintenance company which entered administration last week, have announced they will shed 1,100 jobs at the ailing company. Deloitte said the job losses will affect workers at the head office in York, as well as in Doncaster, Glasgow, Leeds, Newcastle and Peterborough. Last week, Deloitte was called in to the [...]

March 31, 2010 | 0 Comments More
Tesco experiences ‘strongest Christmas for three years’

Tesco experiences ‘strongest Christmas for three years’

Supermarket giant, Tesco, has announced a sharp rise in Christmas sales and follows strong sales from other major retailers, boosting hopes that the economy has finally emerged from recession. Tesco, which is the UK’s largest retailer, said it experienced its best Christmas in the UK for three years with total UK sales in the six [...]

January 12, 2010 | 0 Comments More
Finance chiefs upbeat according to survey

Finance chiefs upbeat according to survey

A survey conducted by the accountant, Deloitte, has revealed that the chief finance officers (CFOs) of Britain’s leading companies are at their most confident for two years. According to its quarterly survey in which 128 CFOs were questioned, Deloitte found that finance chiefs are more confident and less worried about liquidity and the banking system. [...]

January 4, 2010 | 0 Comments More
Setanta Sports goes into administration

Setanta Sports goes into administration

Just a few days after Irish pay-TV sports broadcaster Setanta lost the rights to show the English Premier League games, it has emerged today that the company has entered administration, despite the board‘s efforts to keep the company in operation. The move will affect around 200 employees in Britain. However, Setanta International and Setanta Ireland [...]

June 23, 2009 | 0 Comments More
Manufacturing to create economic turnaround

Manufacturing to create economic turnaround

According to Deloitte, the UK manufacturing sector will help stimulate and drive the UK economy to the path of recovery. The latest report reveals that manufacturing could buffer the impact of a reduction in government and consumer spending. It is predicted that manufacturing could increase by 4 percent to 15 percent of the economy’s share, [...]

April 27, 2009 | 0 Comments More
Bay Trading enters administration putting 1,000 jobs at risk

Bay Trading enters administration putting 1,000 jobs at risk

Alexon has announced that its fashion chain Bay Trading has entered into administration which will put 268 branches and over 1,000 jobs at risk. Alexon, the parent company, was keen to point out that its other brands Ann Harvey and Kaliko would not be affected by Bay Trading’s administration. Following the release of trading results [...]

April 25, 2009 | 0 Comments More
Retailers in for challenging Christmas as UK consumers spend less

Retailers in for challenging Christmas as UK consumers spend less

According to business group, Deloitte, the retailing industry could face ‘one of the toughest in decades’ this Christmas as UK consumers tighten their purse strings. The organisation said the average consumer plans to spend 7% less than last year. In its 14th annual Christmas Retail Survey, Deloitte found that while 24% of UK consumers intend [...]

November 13, 2008 | 0 Comments More
Consumers look to save money by trimming back insurance policies

Consumers look to save money by trimming back insurance policies

Over a quarter of consumers are looking to save money by cutting back on their insurance policies following the credit crunch. As a result, the insurance industry is facing a £1.5 billion according to a survey by business analysts, Deloitte. The survey, which was carried out last month by YouGov on 2286 adults, established that [...]

June 23, 2008 | 0 Comments More