Entries now open for the 2022 Deloitte UK Technology Fast 50 awards
Now in its 25th year, the awards recognise and rank the 50 fastest growing technology companies in the UK; Last year’s winner ClearBank achieved a three-year growth rate of 21,569% to the year 2020/21; The average three-year growth rate recorded for companies in the Deloitte UK Technology Fast 50 was 3,337% in 2020/21; Last year’s Fast 50 companies generated combined revenues of £2.92…
Cost of living now leading concern among Gen Zs and millennials
Half of UK Gen Zs and millennials use all their monthly income on living costs, whilst two in five have taken on a side hustle to make ends meet. Gen Z and millennials prefer hybrid or remote working, but less than half have the option. Pay and burnout are top factors driving job turnover; work-life balance is the top consideration when choosing a new job. Findings come from Deloitte’s…
Record proportion of UK CFOs expect significant operating cost rises
Faced with a more uncertain economic climate, a record** number of finance leaders (98%) anticipate operating costs to rise in the year ahead, according to Deloitte’s UK CFO Survey Q1 2022. Almost half of CFOs (46%) expect these rises to be significant.
Deloitte predictions - Spring Statement 2022
Hannah Simoes, Tax partner at Deloitte in Cambridge is pleased to share updates from Deloitte’s chief economist, Ian Stewart and head of tax and trade policy, Amanda Tickel summarising the UK economic and fiscal landscape and asses possible measures that could be announced in this week's Spring Statement.
Early careers bloom with new ‘Spring into Deloitte’ programmes
Deloitte will welcome 160 undergraduate students to its annual early careers programme: Spring into Deloitte. The programme, now in its ninth year, will debut two new courses in April: ‘Young Black Professionals’ and ‘Women in Technology’, in addition to its existing ‘Regional Careers Global Impact’ programme.Students will attend a three-day virtual introductory course where they will learn about…
Record number of CFOs prioritise investment
Finance leaders are focused on growth, with a record 37% rating an increase in capital investment as a strong priority for their business in the next 12 months, according to Deloitte’s UK CFO Survey Q4 2021. Expansionary strategies, including introducing new products and services, expanding into new markets and raising investment are a greater focus now than at any time since the question was…
Perception gap identified between businesses and consumers on the control of digital technologies - Deloitte Digital Risk Survey 2021
According to Deloitte’s latest Digital Risk survey of 2,000 UK consumers and 500 businesses, 59% of consumers are ‘somewhat’ or ‘highly’ confident that digital technologies being used by organisations to deliver services or products are ‘safe, secure, and sustainable’. However, for business leaders this figure rises to 78% – a 19 percentage point gap.
Deloitte invests in next generation with new joiner intake in Cambridge
Deloitte in Cambridge has recruited 28 young people to its Audit, Tax, Economic Consulting and Intellectual Property (IP) advisory practices.
Games consoles, wearable devices, NFTs and chip investment to trend in year ahead – Deloitte's predictions for 2022
The technology, media and telecommunications (TMT) practice at Deloitte, has today announced its predictions for the sector in 2022.
ClearBank champions in Deloitte’s 2021 UK Technology Fast 50 awards with East Anglian based Wonde ranking 5th
ClearBank, the payment and banking services provider, has topped Deloitte’s 2021 UK Technology Fast 50 awards, a ranking of the UK’s 50 fastest growing technology companies. Cambridge Network member Wonde placed fifth.
Public hopes UK will build a global reputation for science and tackling climate change
The UK public sees tackling climate change and scientific innovation as key to the UK’s future global reputation, according to State of the State 2021-22, an annual report on attitudes to government and public services from Deloitte and Reform, the independent think tank.
CFOs see labour shortages and supply disruptions persisting, but remain focused on investment
Finance leaders believe that the labour shortages and supply disruptions British businesses are experiencing now are likely to persist for a year, with no meaningful easing until late 2022 and 2023, according to Deloitte’s UK CFO Survey Q3 2021. The majority of CFOs report being impacted by labour shortages or recruitment difficulties as well as supply chain disruption, which are expected…
Autumn Budget 2021: Deloitte predictions
Deloitte experts forecast the likely announcements in the Government's Autumn Budget, due on 27 October.
Lockdown purchasing sparks fastest-ever rise in UK technology ownership
A record 19.2 million devices were bought by UK consumers in the year to July 2021 – more than double the number bought in the year to May 2020 (9.3 million). This marks the fastest-ever rise in technology adoption in the ten years that Deloitte has been surveying digital device ownership in the UK.
Upskill your workforce through Deloitte’s free digital skills training programme
Do you have employees or colleagues who would like to advance their digital and business skills on market leading training courses at no-cost to your company?
Don’t miss your chance to apply for the 2021 Technology Fast 50
Deloitte invites you to take part in the 2021 UK Technology Fast 50 programme. Apply today and you could join the likes of Deliveroo, Wise and Revolut as a Deloitte Fast 50 winner.
UK CFOs gear up for growth and foresee spending boom
CFOs rate growth as their top priority, with expectations for an increase in hiring and investment at their highest levels in almost seven years, says Deloitte. Over half (57%) have either reported a full recovery in demand for their businesses, or expect to do so by the end of the year, with 41% reporting that demand for their businesses has already returned to pre-pandemic levels.
2021 UK Technology Fast 50 programme
Deloitte is delighted to open the 2021 UK Technology Fast 50 programme. Apply today and you could join the likes of DivideBuy and Revolut as a Technology Fast 50 winner.
Deloitte invests in the East Anglian market
Deloitte has strengthened its regional team across Cambridge and Ipswich with a new partner and three new director promotions. These form part of the latest round of promotions in Cambridge, the South East and across the UK where there have been 79 new partners and 219 directors promoted.
UK CFOs gear up for a stronger recovery, as business sentiment hits new high
Deloitte’s UK CFO Survey Q1 2021 reports a record level of business optimism among the UK’s finance leaders. CFOs anticipate a strong recovery in profits over the next 12 months, with profit expectations back to the previous high seen in mid-2014 at the top of the economic cycle. A brighter backdrop has tilted companies away from defensive strategies, such as cost control, while expectations for…
Purpose, flexibility and empowerment: What financial services employees want in the future of work
Over half (54%) of financial services employees want their organisation to offer alternative working patterns, such as flexible hours or choosing where to work from following the pandemic, new research from Deloitte has revealed.
The fuse is lit to charge-up UK technology investment: Deloitte comments
Julian Rae, Tech Foundry lead partner at Deloitte, comments on the Chancellor’s statement: “The Future Fund: Breakthrough scheme, providing £375 million in funding to support innovative and R&D intensive businesses, will not only spark new growth for the UK’s technology scale-ups but also set a new foundation for business growth across the country.
Budget 2021: Deloitte predictions
Ahead of the Chancellor’s Budget on 3 March 2021, Deloitte Cambridge Tax Partner Hannah Simoes and colleagues give their key predictions for the event. The UK’s regions continue as an expected area of focus in this Budget.
Cambridgeshire SEND academy welcomes laptop donations from Deloitte
Pupils, staff and parents at Medeshamstede Academy in Peterborough have welcomed news that leading professional services firm, Deloitte, will be donating laptops to the Academy as part of its wider effort to close the digital divide which has been amplified during Covid-19. As part of the firm’s 5 Million Futures programme, Deloitte will be donating 5,000 of its laptops to UK schools,…
CFOs anticipate return to growth and lasting change in 2021
Finance leaders expect a return to growth in 2021 with optimism rising to a record high, according to Deloitte’s latest CFO survey. Despite the surge in business optimism, half of CFOs do not expect demand for their own businesses to recover to pre-pandemic levels until the last quarter of 2021 or later.