The FT reports that Ernst & Young has scrapped plans to split up its audit and consulting businesses.
An image of yesterday’s junior doctors’ strike kicking off in England sits atop the paper, but the business paper’s main focus is the news that Big Four firm EY has scrapped plans to break up its audit and consulting businesses after “months of internal disagreement”.
Elsewhere there is the claim that the Confederation of British Industry is “fighting for its reputation” following the sacking of its boss Tony Danker over sexual misconduct claims.
Cliff Notes The canonisation of Carlo Acutis, the first millennial candidate for sainthood, has been postponed following the death of
Cliff Notes Pope Francis died at the age of 88 after suffering a stroke that led to irreversible heart failure,
Pope Francis declared the death penalty inadmissible in all circumstances, urging for its abolition and advocating for improved prison conditions to honour human dignity.
The IMF has significantly downgraded the UK’s growth forecast for this year to just 1.1%, citing the adverse impacts of the global trade war and rising inflation.
A recent meeting in Paris involved Marco Rubio, Steve Witkoff, and senior European officials, where they discussed the non-negotiable aspects of a potential Ukraine peace deal.
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