Keep up with what happened last week in our final Accountancy news round-up of the year! 

 

Easing trade tensions fuel pre-Christmas shares rally

Donald Trump’s promise that a US-China trade pact would be signed “very shortly” during a pre-Christmas rally has sent the MSCI gauge of stock markets around the world to new record levels.

Lloyd’s of London whistleblowing hotline was down for 16 months

The Bank of England is to begin monitoring Lloyd’s of London after it emerged that a whistleblowing hotline at the insurance market was out of service for almost a year and a half.

RSM UK restructures its C-Suite, removing CEO and CFO

RSM UK has removed three notable members of its board and national leadership team.

KPMG grows revenues to $30 billion, Advisory largest division

Global accounting and consulting firm KPMG has increased its revenue by 6% in local currency terms to just under $30 billion in its latest financial year.

Deloitte’s ethnicity pay gap increases

Deloitte’s 2019 mean ethnicity pay gap is up from last year, now standing at 14.5% to 2018’s 12.9%. Publishing the data on a pay gap between ethnicities is optional, but Deloitte has chosen to do so in the interest of transparency.

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