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The Latest Breaking News from EY

EV maker Arrival enters administration with 400 jobs at risk

British electric vehicle maker Arrival has entered administration, putting around 400 jobs at risk.

Evening Standard

NSW government says EY’s non-disclosure on policy work ‘reflects poorly’ on system

EY partners grilled at inquiry over failure to disclose Santos contract while working on government’s ‘future of gas statement’

The Guardian - AU

Crisis-hit consultancies among firms throwing money at Australian political parties

Disclosures show PwC alone made $369,973 in direct political donations last financial year

The Guardian - AU

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Report: $270 million from Saudi Arabian investor could drive One Cycling reform project

Reuters says SRJ Sports Investments is in final talks, but only eight teams said to be onboard revolutionary project

Cycling News

Issa brothers sign new auditor after EY and KMPG resign in 2023

Spy noted with interest the reporting over the weekend that EY had resigned as auditor for Asda.

Evening Standard

Mohsin Issa confirms relationship with ex-EY tax partner after Asda auditor resignation

The pair noted that Price was not an audit partner at EY and didn't work on the Asda business

Evening Standard

Expediting research impact: how technology can be the perfect partner for university researchers

Used effectively, tech can take care of mundane tasks, allowing researchers to focus on the work that matters most and collaborate more easily with colleagues worldwide

The Guardian - UK

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Saving time and becoming more effective: how new tech can free university staff

Digital tools can free staff from mundane and repetitive tasks, providing them with more time and the tools for better teaching, research and student support

The Guardian - UK

High-quality, flexible learning from tech savvy teachers: what students really want from the university experience

Embracing digital learning can transform accessibility, convenience and learning outcomes for students

The Guardian - UK

The higher education revolution will be digitised – but the technology needs to meet the needs of the people universities serve

Covid accelerated the digital revolution in education – now it’s time to harness what we’ve learned to make university work better for everyone, says Catherine Friday, global education leader at EY

The Guardian - UK

Flutter Eyes US Listing Switch In New Post-Brexit Blow

Online betting giant Flutter this week took the first step to switch its main listing from London to New York, in a fresh post-Brexit blow to the City finance district.

International Business Times

Big Brother or just business sense — this business giant is now going all-out to make sure its workers are actually coming into the office

Workers are reportedly being tracked when they come into the office as Ernst & Young battles with hybrid working.

TechRadar

EY Oceania accused of potential conflict of interest over government contracts on climate policy

Exclusive: consultancy firm supported oil and gas industry lobbying while being paid for independent advice on Albanese’s signature climate policy

The Guardian - AU

UK Economic Revival Predicted: Falling Inflation and Tax Cuts Set Stage for Growth

A recent study conducted by the EY Item Club, a prominent forecasting body sponsored by EY, suggests that the nation is poised for a resurgence in the latter half of the year.

International Business Times UK

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The Guardian - UK

UK economic growth to rebound in late 2024, leading forecaster says

EY Item Club report hands PM new year boost with prediction that inflation drop will allow interest rates to fall to 4% by year end

Top News

Wirecard's Bombshell Lawsuit Against EY Adds €1.5B in Damages!

Wirecard unleashes a billion-euro lawsuit against auditing firm EY, seeking justice and demanding 1.5bn euros in damages. A high-stake battle ensues!

The Canberra Times

'Significant failure': Auditor slams ACT processes which wasted $77.7m

Program was 'accepted' but not formally 'endorsed', auditor says.

International Business Times

US Fed Pause Expected Amid Flurry Of Rate Decisions

The US Federal Reserve will likely hold its key lending rate at a 22-year high on Wednesday -- the first of a series of crucial central bank decisions this week.

International Business Times

US Fed Expected To Pause Again As Inflation Edges Closer To Target

The US Federal Reserve is widely expected to hold interest rates at a 22-year high for a third consecutive meeting on Wednesday as it continues to fight elevated inflation.

Fortune

American workers keep proving they don’t need to return to the office to be productive

The productivity of U.S. workers grew 5.2% in the third quarter, at the fastest pace since 2020.

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