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Deloitte | Global news | Economy

An overview of Deloitte global news:

United Kingdom

Deloitte to cut bonuses and promotions as British wing misses targets Deloitte’s muted global revenue growth means the Big Four firm has once again resolved to shore up profits by cutting back on labour costs.
03 June 2025
India

India's national economy to grow by 7% in next 2 years India’s economy is set to grow by 7% or more over the next two years if global uncertainties are resolved, according to Deloitte’s latest outlook on the country’s economy.
03 July 2023
Canada

Canada to experience mild recession this year, Deloitte says Canada’s real gross domestic product (GDP) is projected to fall by 0.5% in 2023 and then rebound with 2% growth in 2023, according to an economic outlook report from Deloitte Canada.
28 March 2023
Canada

Battered by cost of living crisis, consumers cutting back on holiday spending Worn down by broad-based inflation and worsening finances, Canadian consumers are expected to spend 17% less this holiday season than in 2021, according to Deloitte Canada’s annual holiday retail out
09 November 2022
United States

Consumer safety perceptions hit by Omicron, but financial sentiment steady The Covid-19 Omicron wave has reduced the safety perceptions of US consumers, according to a monthly report Consumer Tracker report from Deloitte.
10 February 2022
Canada

Deloitte: Average holiday shopper expected to boost spending by 31% Canadians expect to spend an average of $1,841 this holiday season - up 31% from 2020’s $1,405 and up 8% from 2019’s $1,706 - according to Deloitte’s annual Holiday Retail Outlook survey.
28 October 2021
India

Preparedness the key to future resilience, say Indian executives Nearly 80% of C-suite executives in India are confident that their organisation can navigate a crisis, compared to around a third globally.
11 February 2021
Middle East

Most Middle East CFOs still in cost cutting and mitigation mode CFOs across the Middle East don’t expect things to normalise any time before the latter half of next year, according to a new Deloitte survey.
04 November 2020
Europe

While CFO sentiment rebounds, a clear divide is emerging While sentiment among Chief Financial Officers has improved over the past months and an increase in revenue is expected, investment intentions remain subdued and cost reduction is still high on the a
04 November 2020
India

Deloitte India CEO N Venkatram on the state of India's economy Speaking to ET Now, Deloitte’s India CEO N Venkatram stressed that India might well be on the road to economic recovery, pointing to the recent uptick in demand and the government’s latest land and l
26 October 2020
Europe

Global warming boosts the economies of some 70 countries Deloitte has released a study that details how warming of temperatures across the world could generate an economic boost to some 70 countries in the coming decades.
28 September 2020
United Kingdom

Government Moonshot programme will cost UK over £100 billion The UK Government has drawn up plans to carry out up to 10 million covid-19 tests a day by early next year as part of a huge expansion of its national testing programme.
21 September 2020
India

Deloitte: Half of Indians worried about losing their job Indian consumers are the most anxious in the world about Covid-19, according to Deloitte analysis that uses concern about health and finances as indicators for consumer anxiety.
25 June 2020
United States

Record job losses, other metrics, show quick economic impact of Covid-19 High-frequency economic data is showing that Covid-19 is already greatly impacting the US economy in the early, patchwork stages of lockdowns and social distancing, according to a weekly update from
03 April 2020
Canada

Covid-19 and cheap oil will batter Canadian economy in 2020 The Canadian economy will be battered by Covid-19 and oil price declines in 2020, according to Deloitte’s March 2020 quarterly economic outlook.
25 March 2020
South Africa

Deloitte sponsors discussion on South Africa's economy Deloitte, in partnership with Standard Bank and the Mail & Guardian, has sponsored a panel discussion to examine the state of the South African economy ahead of the most recent budget statement from
05 March 2020
South Africa

Deloitte's expectations from the upcoming budget statement Ahead of the budget statement 2020 to be delivered by Finance Minister Tito Mboweni next week, Deloitte has highlighted the need for the government to announce business-friendly policies in order to
25 February 2020
Singapore

Deloitte responds to 'extraordinary' Singapore Budget 2020 The Singapore Budget 2020 has arrived, and following Deloitte’s wish-list in the lead up – including a call for tax credits to encourage skills development – many of the firm’s senior leadership in S
19 February 2020
Singapore

Big Four release their wish-lists for Singapore Budget 2020: Deloitte This year’s Singapore budget is just around the corner, and the Big Four have released their wish-lists in advance. Deloitte calls for tax credits to encourage skills development.
14 February 2020
India

Bangladesh a promising trade prospect, says Deloitte partner While most efforts to improve business conditions in India have been targeted at foreign investment from large economies across the world, Deloitte is turning India’s attention to the significant opp
15 October 2019
India

Rising GST revenues need to be boosted further to meet government targets While the increasing pool of revenue collected via the Goods & Services Tax (GST) is a promising sign for India, executives from the Big Four accounting and advisory firms believe that measures must
04 June 2019
Ghana

Deloitte to help organise Ghana CEO Summit on the future of the economy Big Four professional services firm Deloitte is among the list of organisers for this year’s Ghana CEO Summit that is to be held in Accra next week.
17 May 2019
Asia

Deloitte Asia economic report downplays dangers of US-China trade war Deloitte has entered the US-China trade tension discussion with a round-up of Asia Pacific economic growth forecasts, stating it that would be a mistake to overstate the dangers.
15 April 2019
India

E-commerce to have a larger share of the Indian retail sector by 2021 Driven by economic growth and digitalisation, the Indian consumer market is expanding and evolving at a rapid rate, and an increasing portion of this market is comprised of organised retail models an
04 March 2019
Singapore

Big Four give tick to enterprise initiatives in Singapore 2019 budget
20 February 2019
United Kingdom

These top consulting firms are shaping WEF's Davos agenda Every year, the second half of January sees the global economic and political elite descend en masse on a Swiss ski-resort.
23 January 2019
United Kingdom

Stagnant wages and Brexit see consumer confidence dip before 2019 Consumer confidence in the UK continues to face headwinds, as real wage growth declines and Brexit uncertainties set in.
06 December 2018
United Kingdom

UK business confidence hit by cluster of Brexit uncertainties Chief Financial Officers (CFOs) at UK companies remain weary ahead of the finalisation of Brexit in 2019.
04 December 2018
Brazil

Brazil’s business leaders look towards the future Jair Bolsonaro’s Brazil will undoubtably be one of many contrasts.
29 November 2018
Canada

'Zombie' firms killing Canada's productivity, says Deloitte Mature, low-growth (‘zombie’) companies are sapping the productive potential of Canada as the business world is buffeted by the forces of continued globalization and startup-driven tech disruption.
21 November 2018
Uzbekistan

Big name firms brought in by Uzbekistan for economic development agenda A broad suite of ongoing economic reforms and development initiatives in Uzbekistan has seen the government bring in BCG, McKinsey and the Big Four for support.
22 October 2018
Canada

Canadian economy expected to cool off as business cycle concludes After experiencing robust economic growth of 3% in 2017, Deloitte Economic Advisory expects the Canadian economy to grow 2% in 2018, cooling further to 1.4% in 2020.
17 October 2018

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