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Listed below are our UK press releases, providing an overview of our activities and opinions over the last 18 months. Our most recent press releases can be found at the top of the page.

For more information please contact a member of the public relations team or visit our global news room.

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Dreaming of a greener Christmas but some way still to go – according to a survey of consumers and retailers 20 December 2007 The growth in awareness of socially responsible issues among UK consumers is increasing according to the Deloitte Christmas Retail survey as four out of ten consumers agree they will buy more ethical Fairtrade products and more environmentally friendly products this year.

“Consumer awareness of environmental issues has definitely increased and with a number of retailers offering free ‘bag for life’ alternatives to plastic bags in the last two years – retailers commitment to the environment is much more tangible”, says Mike Barber, Deloitte partner.

Our research indicates that 36% of retailers are actively encouraging their...

Consumer cash at risk from Christmas lift in luxury 17 December 2007 Consumers have an increased appetitie for luxury goods this Christmas, according to the Christmas Retail Survey from business advisory firm Deloitte.  17% of consumers expect to spend more on luxury items this year than they did in 2006.  But those tempted by fake goods abroad whilst Christmas shopping should be cautious. Consumers found with counterfeit goods on their return home from foreign trips could face tough penalties.

Retailers are also likely to feel the pinch as a result of the demand for luxury with the UK market for counterfeit goods expected to  reach £14billion this year, up 10% on 2006*.
A decade of success for Deloitte's securitisation team 14 December 2007 Deloitte, the business advisory firm, has been ranked for the tenth consecutive year Accountancy Firm of the Year at the International Securitisation Report (ISR) Awards.

David Barnes, Partner and Head of Securitisation practice at Deloitte, commented on the award: “It’s an honour for Deloitte’s global securitisation practices to be recognised once again. This recognition is testament to the quality of our clients and people, our practitioners’ technical, regulatory and tax knowledge, our deep understanding of the securitisation process and the needs of clients especially in these challenging times. We are proud to work with leading...

Corporate Responsibility reporting reaches all time high 11 December 2007 The number of FTSE 100 companies issuing corporate responsibility (CR) reports has reached a record high, according to research from business advisory firm Deloitte.  80 of the UK’s top 100 companies now report on corporate responsibility in their Annual Report and Accounts.  This compares with 56 five years ago. 

Mike Barber, corporate responsibility partner at Deloitte, comments:
“The increase in CR reporting is a consequence of investors, pressure groups and other stakeholders demanding more information on social and environmental issues. Companies committed to best practice reporting focus on issues material to the business...

Balfour Beatty, at Number 12, is the leading UK construction company in the European Top 100 ranking 07 December 2007 Analysis of the financial performance of the UK’s biggest construction and housebuilding companies shows that Balfour Beatty has remained in pole position as the largest UK construction firm. The builder leads the UK market ahead of companies such as Barratt Developments (7th) and Carillion (6th).

‘The European Powers of Construction 2007,’ an annual report from business advisory firm Deloitte, looks at construction company performance. The study ranks the largest 100 European builders by revenue, and examines the...
Top 100 law firms record double digit second quarter growth 06 December 2007 The UK’s Top 100 law firms have recorded fee income growth of over 12% for the three months ended 31 October 2007, according to the latest figures from business advisory firm Deloitte.  Despite concerns about a slowing down of activity, the sector continues to perform well.  Amongst the top 25 firms, fee income growth for the quarter was especially strong, at over 17%.

Deloitte’s Quarterly Legal Sector Survey (QLSS), found that fee income growth dipped slightly in Q2 compared with Q1.  In the first three months of the year, fee income across the Top 100 grew at over 15%.  This has dipped to 12.5% in the second quarter. 

Jeremy...

Companies writing to order in increasingly lengthy annual reports 06 December 2007 The inclusion of KPIs by companies increases from 67% in 2006 to 81%

Deloitte, the business advisory firm, has today announced details of its annual survey of listed companies’ annual reports. The most striking finding this year is the consistent feel to the narrative sections of annual reports, with individuality losing out to uniformity.

Isobel Sharp, audit partner at Deloitte comments: “Every year, we report size increases in annual reports.  This year, another 5% was added to take the average length to 89.  We need action now to reverse this trend. 

“2007 reporting also shows that companies are writing to order, with...

Rates on their way to 4% 06 December 2007
  • Today’s decision by the MPC to cut interest rates from 5.75% to 5.5% is the first step in a prolonged period of monetary easing that could see rates fall very sharply. I previously thought that rates would drop to 5%, but I now think that they could eventually be cut all the way to 4%. 
  • It has been clear for some months that the economy is slowing. The latest CIPS/RBS business surveys have pointed to a significant easing in activity in the fourth quarter. More worryingly, the housing market is looking very fragile. In recent weeks, Nationwide, Halifax, Hometrack, the RICS and Rightmove have all reported house...
Pubs and restaurants to gain from rising Christmas spend 06 December 2007 Despite rising interest rates and concern about the economic outlook, UK consumers plan on spending 18% more than last year in pubs, restaurants and nightclubs over the Christmas period, according to Deloitte, the business advisory firm.  With an average budget of £143 per person, in total pubs and restaurants look set to benefit from £6.8 billion in earnings during the Christmas period, an increase of £1bn on last year’s figure.

The increased spend reverses the belt-tightening seen last year when consumers said they would spend 16% less than the previous year, an average of just £121 each.  While both men and women have said they’ll...

Deloitte appointed London 2012 Official Supporter 04 December 2007 The London Organising Committee for the Olympic Games and Paralympic Games (LOCOG) today appointed Deloitte as the professional services supporter for London 2012. The deal is the first 'Tier Two' sponsorship to be signed.

The deal will give Deloitte the designation of official professional services supporter of London 2012, with rights to use the London 2012 marks, and rights to Team GB and Paralympics GB.

As a Tier Two supporter, Deloitte can begin activating its relationship from January 2009.

Deloitte becomes the exclusive provider of professional advisory services to LOCOG, including tax, human capital, management...

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