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Today’s news in brief – 29/1/2024

EY has resigned as the auditor of Asda following revelations of a romantic relationship between one of its senior partners and Asda’s billionaire CEO, Mohsin Issa, according to the Telegraph. Although EY informed Asda about the decision in June, it was only revealed recently. The partner resigned a day after EY’s decision, and the resignation was related to the restructuring of the Issa brothers’ businesses. Asda claimed it notified bondholders about EY’s resignation in August, and EY clarified that the partner had never been involved in Asda’s audit work.

PwC will be the anchor tenant at One City Park, a new office space in Bradford’s Centenary Square. The 27,050 sq ft office, located in Two Chamberlain Square, is expected to accommodate PwC’s Bradford staff by June. The move supports PwC’s expansion plans, aiming to increase its workforce by around 500 employees in the coming years. The sustainable and modern workspace is part of the broader regeneration project on the former West Yorkshire Police HQ site, showcasing PwC’s commitment to Bradford’s community and growth.

Hurst, an independent accounting and business advisory firm, has initiated a Vistage Inside leadership program for 12 staff members. Delivered by Victoria Gee, former managing partner at Warren Partners, the two-year program focuses on developing leaders through tailored workshops, speaker sessions, webinars, and coaching. With a proactive approach to leadership development, Hurst aims to equip its leaders with essential skills for continued success and growth. The program’s launch includes a full-day workshop featuring award-winning speaker Brad Waldron, emphasising self-development for Hurst’s future leaders.

Evelyn Partners has strengthened its South England presence with the appointment of Matt Dickens as Financial Planning Director. With over a decade at The Ingenious Group, Dickens brings extensive experience in financial planning and investment management, emphasising enterprise investment schemes and tax solutions. Dickens will collaborate with investment managers to provide holistic wealth management services, focusing on clients’ financial goals. Evelyn Partners’ dual expert approach, combining financial planning and investment management, aims to offer tailored strategies to clients in Bournemouth and Southampton.

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