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The Latest Breaking News from Deloitte

Rising cost-of-living pushes consumer confidence to all-time low

Confidence in the state of the economy fell to -85%, similar to levels last seen in summer 2020

Insider UK

Mining needs women, Fortescue boss says

Australian mining firms won’t be able to attract workers if they fail to stamp out sexual harassment, experts warn.

Crikey

Home buyback scheme receives 443 applications from flood-hit Queensland property owners

About 2,000 homes remain uninhabitable, with evaluations set to begin for buyback program

The Guardian - AU

From analysis to the latest developments in health,
read the most diverse news in one place.

Back-to-school spending expected to hit record high as inflation soars. ‘It’s kind of adding up now’

Nicole Sebastian has been “a little choosier” when buying school supplies for her two kids this year. With inflation at its highest since the early 1980s, prices are up across the board, and notebooks and markers are no exception.

Chicago Tribune

Qld floods bill tops $7.7 billion: report

Deloitte estimates the total cost of the southeast Queensland floods, which impacted half a million people and 18,000 homes and business, to be $7.7 billion.

AAP

Delhi’s Gymkhana Club is new battleground against ‘family fiefdoms’

The central government’s crusade against “family fiefdoms” seems to have reached the doorsteps of the elite Delhi Gymkhana Club, with the union ministry of corporate affairs alleging a violation of norms to fast-track membership claims of relatives of a “select coterie”, and concerns among members about alleged attempts to trace…

Newslaundry

Want an electric car but fear the cost? Here’s how to flick the switch

Make the change without forking out huge sums

The Guardian - UK

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Brit shoppers feeling the pinch cut back on items from food to furniture, data shows

Brit shoppers are being forced to cut back on even essential items due to the cost of living crisis with the retail sector hit heavily and some shops forced to close their doors

Daily Mirror

Cost of living rise pushes consumer confidence to all-time low

Deloitte data reveals more than half of Britain ‘most pessimistic’ about disposable income

Evening Standard

Consumer confidence ‘severely depressed’ amid soaring food and fuel prices

GfK’s Consumer Confidence Index languished at a historic low of minus 41 in July.

The Independent UK

Two thirds of finance heads braced for recession next year

Deloitte CFO survey flags inflation rises and interest rates as root cause of inevitable downturn

Evening Standard

Inflation Isn't Deterring Parents From Strong Back-to-School Shopping

While they're anxious about the economy, U.S. families are letting it fly on back-to-school spending.

The Street

Alliance MLA on 'career break' is fully committed to Stormont Assembly, party insists

The party said the MLA was permitted leave of absence "given the uncertainty around the restoration of the institutions"

Belfast Live

Aust economy to slow: Deloitte

The country's economy will chart a "middle ground" between recovering from the pandemic and continued uncertainty and rising interest rates and inflation.

AAP

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news in one place.

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Daily Record

South Ayrshire worst case scenario could see £172m funding black hole over next decade

South Ayrshire Councillors told funding gap could range from £36m to £172m over next ten years.

Birmingham Post

People on the move: Key North East appointments and promotions of the week

Companies announcing new appointments this week include Deloitte, Everflow and Knight Frank

InsideEVs

Study Claims E-Bikes Are The Most Popular Form Of Electric Mobility

A new study conducted by Deloitte in Germany puts electric bicycles ahead of electric cars in terms of popularity and attractiveness.

The National (Scotland)

Rising inflation weakens outlook for Scottish economic growth in 2023

The Scottish economy had shown healthy growth before contracting in April, but the cost of living crisis, inflation and interest rate rises are…

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news in one place.

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Insider UK

Rising inflation weakens outlook for growth in 2023

The cost of living crisis means consumers are spending less on non-essentials

Insider UK

Deloitte makes 269 promotions within Scottish practice

Among them are four new partners across Edinburgh and Glasgow

AFP

African economies see reasons for optimism despite crises

Abidjan (AFP) - From Covid-19 to the war in Ukraine, external crises have put pressure on African economies, but many on the continent see opportunities to undertake radical reforms.

Birmingham Post

Deloitte appoints new Midlands practice senior partner

Tax specialist and partner Juliet Halfhead takes over the role from Jane Whitlock

Belfast Live

2021/22 Ulster Rugby Award winners announced as James Hume named top player

There were 15 categories in total this season

Axios

Even your boss wants to quit

In a poll, 70% of top executives say they're burned out.

The Street

Gen Z Investors Seek Ways to Navigate in Turbulent Economy

Young investors have been hit hard by tumbling stocks and the cryptocurrency crash.

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