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One of the UK’s biggest department stores collapsed — but was almost immediately rescued by a billionaire sports tycoon
EY, one of the "Big Four" accountants, have been appointed as administrators. House of Fraser, which employs 17,500 people across the UK, will continue to trading while EY tried to find a buyer for part or all of the business.
House of Fraser is looking wobbly as the consumer spending crunch deepens: ‘It’s going to be very hard to save the business’
The department store has a £400 million debt pile and is battling slowing consumer spending.
Whistleblower claims accountants turned a blind eye to Dubai firm he says painted 5 tons of gold to look like silver
Amjad Rihan claims he blew the whistle on wrongdoing at Dubai-based Kaloti group but EY turned a blind eye and dismissed him.
College students are flocking to Amazon, EY, Oracle, and several other big name companies, according to LinkedIn.
Open Banking takes effect in the UK from January 13, forcing banks and payment companies to share data with third parties like tech companies.
Digital badges are the newest effort to help employees stave off the robots — and major companies are getting on board
Some companies are starting to embrace ongoing skill-based learning programs for their employees. IBM, EY, and Salesforce have begun issuing digital badges.
'Conditions are likely to be tough next year as the effects of higher inflation on economic activity feed through,' the EY report says.
Major banks, insurers, and other financial services firms are favouring Dublin ahead of other EU hubs for their post-Brexit relocations, EY says.
Since President Donald Trump took office nearly 3,100 US M&A deals have been announced, according to recently released data from Thomson Reuters.
Ahead of meeting with Trump, EY CEO says immigration ban ‘will have an impact on our ability to work as a global organization’
EY CEO Mark Weinberger, a member of Trump's business advisory council, told employees he would assist those affected by the immigration ban.