The top five accounting firms in the UK according to Accountancy Today’s 2022-2023 list come as no surprise: Deloitte, KPMG, PwC, EY, and BDO, in that order. They have a collective turnover of nearly £16 billion and 100,000 UK employees. They deal with UK companies large and small on an ongoing basis, so their sphere of influence is particularly significant.
In the fast-paced digital age, Software as a Service (SaaS) has become increasingly significant. As reported by Gartner, the market value of SaaS has seen a remarkable increase, escalating from $31.4 billion in 2015 to $195 billion in 2023. This surge highlights the importance of SaaS and opens opportunities for providers.
While the pandemic, US-China trade tensions, and other macroeconomic factors dampened international deal-making, cross-border M&A seems to be on the rise. Several key factors contribute to this trend.
Though a company’s operations are first and foremost the focus of a business, many companies and investors also rely heavily on buy-and-build strategies to scale up growth and enter new markets. While a strong organic growth strategy is vital to the success of a business, having an M&A strategy, whether passive or active, can keep businesses ahead of competitors and current in the market.
Though ESG initiatives have historically been seen as costly public-pleasing exercises, ESG-positive business choices are now often the less costly option for businesses. Over the past several years, there has been a shift in the practicality of ESG practices…
Stagflation is characterised by stagnating economic growth and high unemployment while simultaneously experiencing high inflation rates. This phenomenon was considered an impossibility until it was first conceptualised in 1965.
In the competitive SaaS landscape, maintaining a balance between growth and profitability is crucial for long-term success and higher valuations. The Rule of 40 has emerged as a valuable metric for companies to achieve this balance while attracting investors’ attention.
For many founders, ringing the opening trading bell of the NYSE or LSE as their company goes public is a distant dream and a sign they have made it. However, the IPO market today may look less glossy to business owners weighing their financing options.
With the far more common occurrence of working from home (WFH) brought about initially by the COVID-19 pandemic, many employees now seem to be working, or at least partially working, while sick.
Artificial intelligence (AI) is a field of computer science that focuses on creating intelligent machines that can perform tasks that normally require human intelligence. AI algorithms use statistical analysis and pattern recognition to learn from ‘big data’ and improve performance over time.