Ernst & Young LLP RSS feed

How to pay auditors without conflict of interest

Tue, 16 Mar 2010 09:29:15 GMT

City Comment: Ernst & Young is in the spotlight following the report published in the United States into the collapse of Lehman Brothers, where the firm was the auditor

Lehman Brothers 'sacked whistleblower to shut him up'

Tue, 16 Mar 2010 08:13:07 GMT

The Lehman Brothers whistleblower who voiced his concerns about the bank�s accounting gimmicks was sacked weeks later

Alistair Darling�s forecasts hit as borrowing soars

Thu, 18 Feb 2010 12:36:12 GMT

A �ghastly� �4.3 billion leap in borrowing deals a blow to Gordon Brown�s hopes of convincing voters that the economy is under control

City Spy: Prince Charles sucked into Candy brothers' Chelsea row

Mon, 15 Feb 2010 09:37:46 GMT

Did Prince Charles write to or talk to Boris Johnson about his dislike of the 650 Richard Rogers-designed flats at Chelsea Barracks before the Mayor indicated his disapproval last July? Let�s hope not

Britons use credit cards and overdrafts for Christmas spending

Mon, 01 Feb 2010 12:46:48 GMT

British consumers freed themselves from austerity in December, ramping up credit card debt and overdrafts to make the most of Christmas

Bargains drying up as shops cut discounts

Wed, 16 Dec 2009 08:52:53 GMT

Video: Shoppers hoping to pick up bargains in pre-Christmas sales could be disappointed

OFT is probing bust firms �rip-offs� by accountants

Thu, 12 Nov 2009 08:51:25 GMT

The big firms of accountants could be ripping off the British economy for million of pounds a year by charging high fees when dealing with companies that go bust

�929m buildings in sell-off of tycoon Halabi's fallen empire

Wed, 21 Oct 2009 07:52:01 GMT

Some of London's most expensive office blocks are to be sold off to recover debts from collapsed empire of property tycoon Simon Halabi

Recession may be at end � but hold tight for rough ride ahead

Tue, 20 Oct 2009 09:14:42 GMT

Is the recession over? That question will finally be answered on Friday when gross domestic product figures for the third quarter are published

Citigroup backs the big builders despite a warning on house prices

Mon, 14 Sep 2009 09:21:16 GMT

Citigroup has rushed to raise its price targets for most of the big builders despite the Ernst & Young ITEM Club warning that house prices could take a further five years before they return to their 2007 peak.

Leslau property firm in �245m deal

Wed, 05 Aug 2009 08:09:08 GMT

Max Property, the investment firm set up by Nick Leslau, confirmed its first acquisition, spending around �245 million on a portfolio of 86 distressed industrial properties

Leslau's Max set to snap up Industrious bargain

Thu, 02 Jul 2009 07:40:03 GMT

Max Property, the investment firm set up by Nick Leslau, is closing in on its first acquisition since its flotation in May

Biggest house price rise in six years as London lures cash

Thu, 04 Jun 2009 08:39:37 GMT

London remains Europe's No1 destination for foreign investment, despite the financial hurricane which has battered the City and Canary Wharf

Kaupthing collapse keeps yachts hanging

Mon, 27 Apr 2009 07:58:40 GMT

A host of wealthy individuals who ordered new yachts could be left empty-handed in the wake of the collapse of Icelandic bank Kaupthing.

Global float values take a 95% tumble

Tue, 07 Apr 2009 07:56:49 GMT

The value of stock-market flotations worldwide crashed by more than 95% to $1.4 billion (�953 million) in the first quarter of 2009 from $41.2 billion in the same period a year earlier

Zavvi set to shut store in Oxford Street

Wed, 18 Feb 2009 14:22:15 GMT

Failed music chain Zavvi has announced it is to close its Oxford Street store, and will disappear from the high street by Friday

Zavvi fading out as 18 more stores close

Wed, 14 Jan 2009 14:17:49 GMT

Retail: Music chain Zavvi is a step closer to vanishing from the High Street, after the firm�s administrators announced the immediate closure of a further 18 stores

Job cuts to come as Zavvi set to close 22 stores immediately

Thu, 08 Jan 2009 11:29:13 GMT

Retail: Music and entertainment retailer Zavvi will immediately close 22 stores in Britain, cutting 178 jobs

Zavvi goes into administration

Wed, 24 Dec 2008 11:14:23 GMT

More than 3,000 jobs at high street music retailer Zavvi are at risk after the company was placed into administration

Whittard is reason to be cheerful

Wed, 24 Dec 2008 09:07:20 GMT

Scratching around to find something cheerful to say to match the festive season has been harder this year than most, but it came through last night with confirmation that administrators had been appointed at Whittard of Chelsea and at an associated business that deals in flavoured coffees

High Street tea chain Whittard on brink of collapse

Tue, 23 Dec 2008 09:57:23 GMT

London high street chain Whittard of Chelsea was on the brink of administration after a period of poor sales left it struggling

Fixit team of accountants go in to sort out Zavvi's troubles

Fri, 12 Dec 2008 09:56:51 GMT

High Street music, DVD and video games chain Zavvi has called in an emergency restructuring team from accountants Ernst & Young to help it through its current trading troubles

Banks urged to pass on rate cuts as inflation nears peak

Mon, 20 Oct 2008 08:37:08 GMT

Britain could suffer a Seventies-style recession if banks fail to pass on interest-rate cuts, economic experts say

Oval sponsor Brit mulls tax move abroad

Mon, 18 Aug 2008 10:27:04 GMT

Brit insurance, sponsor of the Oval cricket ground, is the latest UK company to look at moving its headquarters from the UK to a more favourable tax regime

Economy 'on brink of recession'

Fri, 25 Jul 2008 13:02:10 GMT

Leading City forecasters have warned the country is on the verge of recession as the credit crunch takes its toll on consumer spending

John Lewis sales plunge by 8% as gloom deepens

Fri, 04 Jul 2008 12:49:41 GMT

John Lewis has become the latest major high street casualty of the credit crunch with an eight per cent fall in sales

Mid-East keen on floats path

Thu, 19 Jun 2008 09:22:30 GMT

The Middle East is poised for an initial public offering bonanza, with 20% of family-owned companies planning to list, according to an Ernst & Young International survey

Price fears hold Bank back from a rate cut

Thu, 08 May 2008 13:33:32 GMT

The Bank of England resisted calls to make its first back-to-back cut in interest rates in nearly seven years as the threat of rising inflation persisted

Only a few bright spots on High Street as hard times hit stores

Thu, 01 May 2008 10:34:47 GMT

Even in hard times, retailers with innovative ideas can still flourish

Crunch point for the brokers too

Tue, 15 Apr 2008 12:07:47 GMT

There is such overcapacity in the industry that it may be years before markets recover enough to provide a living for them all