Neil’s previous role was Lead Architect within Capgemini’s Business Information Management practice where he worked for 6 years and Andrew was previously a Senior Manager in PWC's Data Management team for 7 years.

Neil led the SAS (Business Intelligence Software) practice at Capgemini focusing on data management, business intelligence and information architecture. Andrew was PWC’s Data Management competency leader and Data quality global expert. In addition to Data Quality...

Margaret Ewing, Deloitte partner and vice chairman, commented: “Despite reductions in base rates in December and in February, corporates, like consumers, are facing tougher credit conditions and, so far, lower base rates would appear not to be...

Synthetic or virtual worlds have created a new way for people to socialise, entertain, innovate and transact business. As they become more popular - and increasingly sophisticated technology increase their potential - they will have a significant impact and revolutionise personal and business interactions.  This can be a daunting reality for many companies, since traditional inward-focused business models will not have long-term sustainability in these new virtual worlds.

The paper written by...

Ian Brown, Deloitte Partner and Joint Administrator commented: “Prior to the Company being placed into Administration steps were already in hand to downsize the business.”

He added: “130 employees remain and we are in discussions with the Company’s customer to obtain orders so that trading can continue as normal whilst a purchaser for the business and assets is sought.”

“We have been contacted by a number of parties expressing an...

Tony McClenaghan, head of indirect tax at Deloitte, which acted for M&S, said: “This judgment entitles M&S to claim back £3.5 million in overpaid VAT, bringing to an end an epic dispute after 12 years and two trips to the ECJ. This is a sweet victory for M&S, for whom this was as much a matter of principle as about recovering the money.”

While the UK tax authorities accepted that the high street retailer had wrongly overpaid tax on chocolate...

Chris Farrington, partner at Deloitte, commented: “We are delighted that we have successfully concluded a sale of a further part of the Carter and Carter Group. The sale safeguards the jobs of around 30 people still employed by Carter and Carter, and gives opportunity for the new owners to re-employ a number of...

The Company employs 190 people and supplies a range of freshly prepared ready meals to the Grocery sector from its site in Wrexham, North Wales.

Ian Brown comments: “Our appointment follows a difficult trading period and rising commodity costs, as a result of which the directors concluded that the Company could not continue to trade in its current form.  After discussions with customers, suppliers and employees it is my intention to allow the Company to continue to trade in the short term...

Neville Kahn commented: “This vehicle suffered an acceleration event back in August 2007 and has been the subject of detailed restructuring negotiations amongst its creditors since that time.  The appointment of Receivers is intended to provide a platform to resolve certain outstanding issues and to implement a restructuring.” 

The Receivers will update investors during the...

• I think that the continued problems in the financial markets and the associated tightening of credit conditions will mean that today’s 0.25% cut in interest rates to 5% is another step towards rates eventually falling to 3.5%. 
• Admittedly, the backward-looking news on activity has been fairly good. The Q4 National Accounts showed that although GDP growth is slowing, it is not collapsing. Moreover, the manufacturing sector appears to have enjoyed a surge in activity, while the official retail sales figures suggest that consumers have continued to spend on the high street. And the 166,000 rise in employment in...

Yesterday, CEIOPS launched QIS 4, the fourth in a series of detailed technical studies investigating the structure and calibration of the Solvency Capital Requirement calculations under Solvency II regulations. In previous studies, participation by UK insurers has been lower than hoped, with many insurers believing that the effort required was too...