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.
Email alerts
Receive our latest news releases as soon as they are published by registering for our email alert service. Find out more.
RSS news feeds
Recieve the latest updates from Deloitte via our RSS news feed.
| UK pension deficit eases to £100 billion |
 |
18 July 2005 |
|
The total deficit for the final salary pension plans of UK companies currently stands at £100 billion, according to analysis by Deloitte. This compares to £130 billion at the start of the year. The deficits of FTSE 100 pension plans have decreased to £52 billion compared to £65 billion at the start of the year. The improvement is largely due to a healthy return of 10% on the stock market since 1 January.
Deloitte predicts that, at the current rate of company contributions, it will take more than 15 years for deficits to be cleared. However, they argue that companies will increasingly look to eliminate deficits in one go instead, by... |
|
| Deloitte announces Burlington transaction |
|
18 July 2005 |
|
Deloitte today announces a deal with Burlington, the strategy consultants. Burlington is highly respected within the private equity industry for its ability to understand the full potential of a business prior to acquisition and mapping out how the inherent value can be extracted. John Connolly, UK Chief Executive and Senior Partner at Deloitte, said: “With three partners and a team of circa 30 joining Deloitte’s corporate finance practice, the Burlington deal secures Deloitte’s position as the leading provider of quality due diligence services. Burlington’s industry expertise will be a fantastic boost to an already strong... |
|
| UK technology sector at a critical juncture |
|
15 July 2005 |
|
According to a research report launched today by Deloitte, the business advisory firm, the UK has the potential to become one of the world’s pre-eminent technology nations. However the report, based on research carried out with over 50 of the country’s leading technology influencers, also revealed the UK’s vulnerability. In particular, international competition from China and India is expected to intensify, there is the possibility of an exodus of research and development, and too few UK-headquartered technology companies... |
|
| Terrorist attacks will not cause long term damage to UK tourism |
|
10 July 2005 |
|
Alex Kyriakidis, Global head of Tourism, Hospitality and Leisure at Deloitte, says: "While it is too early to predict the full impact on tourism of Thursday's terrorism attacks, increasingly, the recovery period post terrorist attacks is getting shorter. London has enjoyed record levels of visitors for the year to April 2005, up nearly 10% over the last year. Thursday's attacks will cause a slow-down in that growth, but there should be every confidence in London's recovery as a world class tourism destination. “The impact of Thursday's attacks will not detract from the planned success of London's 2012 games. We are likely to see a... |
|
| A time to turn? Too close to call |
|
07 July 2005 |
|
Contrary to a number of early predictions of a downturn in the motor insurance market, analysis of FSA returns by Deloitte shows the industry is well on course to declare a better result in 2004 than 2003*.
However, the headline result disguises a downturn in underlying performance. In 2004 many companies chose to release money from their prior year reserves thereby allowing them to continue to defer or defy a visible down turn in the cycle for one more year.
In contrast with previous market cycles, however, premiums have also held up better for insurers during 2004 and 2005 than many predicted. There is still no sign of the... |
|
| Employment continued to rise in June, but demand for staff grew at slowest rate for 20 months |
|
06 July 2005 |
|
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 shows that employment continued to rise in June, although the demand for staff from employers grew at a reduced pace. Difficulties filling vacant positions were therefore less... |
|
| We've won, but the hard work starts now to achieve British sporting success |
|
06 July 2005 |
|
The Sports Business Group at Deloitte calls for greater emphasis to be placed on improved funding and government resource as success in sport comes under the spotlight
London’s Olympic dream of hosting the 2012 games has been realised. After seven years of planning, London has delivered a successful bid and won an international competition of Herculean proportions. The Sports Business Group at Deloitte congratulates the Bid team but believes that there is now a further big push needed to deliver a fantastic Olympic games in 2012. The business advisory firm outlines its recommendations to drive British sporting... |
|
| Non-resident EU taxpayer loses claim for equal treatment |
|
05 July 2005 |
|
The European Court of Justice (ECJ) has this week (5 July 2005) decided against the taxpayer in a case (‘the D case’) involving a German national and resident, who argued for ‘Most-Favoured Nation’ treatment, i.e. that he should receive similar tax treatment to other individuals in a comparable situation.
Bill Dodwell, head of Tax Policy Group for Deloitte in the UK commented: “It is unusual for the ECJ to over-rule the Advocate General’s opinion, as they have done in this case. This case could have been significant in allowing non-resident taxpayers to scrutinise the taxing country’s various double tax treaties and to argue that... |
|
| Last day of London’s Olympic bid |
|
05 July 2005 |
|
In the final 24 hours of the London Olympic bid countdown, Dan Jones, Head of the Sports Business Group at Deloitte says: “There are a multitude of benefits for London hosting the Olympics, for the sport sector in particular, it provides a unique opportunity for the UK to develop world-class facilities to enable the country to host future first rate sporting events. These venues would also provide an inspirational training ground for future generations of athletes.” Alex Kyriakidis, Global Head of Tourism, Hospitality and Leisure at Deloitte, comments: “As proven by previous host cities, the Olympics generate opportunities across... |
|
| Profitability Monitor – Quarter 3 2005 |
|
05 July 2005 |
|
Our regular assessment of the current state of the profitability of British business and the economic factors influencing its prospects for the future, prepared by Roger Bootle, Economic Adviser to Deloitte.The marginal rise in profitability in the first quarter does little to alleviate our concerns about the tough times facing the UK corporate sector. Firms are under intense pressure and even more challenging times lie ahead. Oil companies enjoyed the biggest rise in profitability as they cashed in on the rise in oil prices to over $55 a barrel in Q1. And the improvement in services sector...
|
|
|
[<< Prev]
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
[Next >>]
|
