Accountancy firms on May Day alert
Ernst & Young is among accountancy firms and institutes making security preparations for the planned May Day protests in the City of London.
Ernst & Young is among accountancy firms and institutes making security preparations for the planned May Day protests in the City of London.
In previous years, the demonstrations have ended in violence and the destruction of property.
Though unwilling to discuss details, E&Y has been in discussion with other City institutions to discuss preparations and is ‘gathering intelligence’ for the event.
Special meetings are said to have taken place among city institutions to establish a strategy to deal with the protest.
The ICAEW, with its offices based at Moorgate, said it intends to meet with the police and other City institutions to discuss the problem but has as yet finalised any decision about what measures to take. At a previous protest, activists were reported to have urinated against the institute’s headquarters.
The Metropolitan police, where Sir John Stevens has already said security is being tightened for the first week in May while intelligence points to a protest on 1 May, a Tuesday, and not the actual May Day as it was last year.
The Met and City of London Police have been co-ordinating a joint operation for some months in preparation for a protest.
In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...
View resourceIn recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...
View resourceIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceThe first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...
View resourceGlobal spend on accountancy outsourcing up by 40% in the space of five years. News comes as accountancy outsourcing specialist AdvanceTrack reports en...
View articleFollowing a profitability review, Deloitte has decided to scale back its UK deals business due to lower returns. This strategic shift could lead to jo...
View articleUK-based Dow Schofield Watts (DSW), a mid-market professional services network, announced the creation of a new division called DSW Principal Partners...
View articleEY has been undergoing significant cost-cutting measures and streamlining its operations since the abandonment of Project Everest. The firm has made t...
View articleTransitioning from an accounting firm to a consultancy model is only one part of the puzzle. The next, equally vital piece is making the market aware ...
View articleThis framework, while providing a top-line view, underscores the importance of strategic vision, operational excellence, and the spirit of continuous ...
View articleLooking ahead, the Big 4 firms face a challenging year, with ongoing cost-of-living concerns, slow economic growth, rising geopolitical tensions, and ...
View articleLast month it was reported that Deloitte would be cutting approximately 1,200 jobs in the United States, making it the latest of the Big Four accounti...
View article