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.
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| Candidate placements continued to rise at a solid rate in April, underpinned by robust demand for staff |
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09 May 2005 |
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The Report on Jobs, published today by the Recruitment & Employment Confederation and Deloitte, provides the most comprehensive guide to the UK labour market, drawing on original survey data provided by recruitment consultancies and employers, as well as data on national newspaper recruitment advertising.
The latest REC/Deloitte Report on Jobs showed that recruitment consultancies’ permanent staff placements and temporary staff billings continued to rise at robust rates in April. Higher placements were supported by a further strong improvement in demand for staff at employers, though the rate of demand... |
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| Roger Bootle’s response to May’s MPC meeting: interest rates could soon start falling |
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09 May 2005 |
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Today’s decision by the MPC to keep interest rates on hold at 4.75% for the ninth month in a row all but confirms that interest rates have peaked, in line with my longstanding forecast.
If the MPC was going to raise interest rates once more, arguably this would have been the month to do it given that CPI inflation rose from 1.6% in February to a seven year high of 1.9% in March and given that this is an Inflation Report month. But the no change announcement suggests that the Committee is more concerned about the recent slowdown in activity than the oil-induced spike in inflation.
GDP growth in Q1 of this year is provisionally... |
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| Director’s remuneration on flotation |
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03 May 2005 |
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In a report launched today, ‘Directors’ remuneration on flotation’, Deloitte finds that newly floated companies are leading the trend towards performance linked reward and a total remuneration approach. The report is based on UK companies joining the London Stock Exchange or AIM during the period July 2003 and January 2005.
Stephen Woodhouse, executive compensation partner at Deloitte, comments:
“Deloitte’s report finds a high level of... |
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| Technology CEOs rapid growth plans: headcount increase of 25% |
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28 April 2005 |
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- CEOs confident about growth, but employment shortages may be a hindrance-
- Survey reveals concern over increased competition from China & India -
Growth is back at the top of the agenda for technology companies, according to Deloitte’s 2005 global CEO Survey of the fastest growing technology companies, as ranked in the Deloitte Technology Fast 500. Three out of four are very confident or extremely confident about continuing their company’s current rate of growth.
William Touche, technology partner at Deloitte comments: “CEOs are more confident about their company’s prospects than they have been in recent... |
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| The lure of the private sector: Deloitte analysis of executive reward offered by private equity financed companies |
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27 April 2005 |
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Deloitte analysis revealed today shows that the trend for private equity funded firms to attract top management from the listed sector is likely to continue, with executive compensation reward often worth significantly more. Whilst ultimately market forces may work to close this gap, there is currently little evidence of it.
Bill Cohen, executive remuneration partner at Deloitte comments: “The UK listed sector holds a pool of top international managerial talent who are attractive recruitment targets to private equity funded companies, particularly those operating internationally. The compensation packages on offer present an... |
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| Law firms sea change in attitudes |
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26 April 2005 |
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Nearly all law firms will be outsourcing and offshoring at least some of their operations within the next two years, according to new research from Deloitte. Almost all law firms are currently outsourcing some or all of their support functions. IT operations are the most commonly outsourced function, with 61 percent of firms confirming that they already outsource or plan to in the near future. Document management and production is the most common operation outsourced to an offshore location by law firms, with 31 percent of respondents planning or already doing so.
The report showed a trend for larger law firms to be either... |
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| Outsourcing failing to deliver expected benefits for world’s largest organisations, Deloitte study reveals |
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25 April 2005 |
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Many large organisations that outsourced information technology and other services are bringing some operations back in-house, according to a new study by Deloitte. The organisations that participated in the survey, which focused on the US, currently spend $50 billion on outsourcing and they have found the outsourcing process is much more complex than initially anticipated. Dissatisfaction with cost savings and reduced flexibility were found to be the primary reasons behind participants’... |
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| Deloitte’s healthcare, media and financial teams win sector categories at HgCapital Rainmaker awards |
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25 April 2005 |
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Deloitte’s sector expertise has been rewarded with three HgCapital Rainmaker awards: the largest number of sector awards given to a single adviser. The Rainmaker competition honours the most successful deal originators in the UK private equity mid-market.
Commenting on Deloitte’s success in the Rainmaker awards, Chris Ward, Head of Corporate Finance, said: “These awards are a testament to the value that industry sector expertise can add to corporate finance transactions. We strongly believe that the best advice comes from a team with extensive market sector knowledge coupled with strong execution skills.”
This year three... |
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| Critical mass in a fragmenting world: TV networks in the 21st century |
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20 April 2005 |
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The television industry is undergoing a fundamental transformation according to a report launched today by Deloitte’s Technology, Media & Telecommunications Industry Group. It is evolving from being mass-market, single-event, and broadcast-focused, into a sector which is far more complex but potentially more profitable.
“The most significant change occurring is the fragmentation of audiences and the consumption of content across an expanding array of media, channels and... |
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| Aviation emissions trading alone will be of limited benefit to the environment |
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18 April 2005 |
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Including aviation in the second phase of the EU emissions trading scheme is likely to have a relatively modest additional impact on reducing the industry’s contribution to global warming, according to Deloitte research. Robin Pratt, transport economics consulting director at Deloitte says: “Although Aviation emissions trading could help to slow the longer term growth in aviation emissions, variations in the future price of oil are likely to have a far greater impact on fuel consumption and ticket prices than emissions trading.
“Due to the nature of the aviation industry, a trading regime which is not part of an integrated European... |
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