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Informa 1H EPS 17 9p

By Ian Walker and Elena Vardon Informa on Thursday said it expects its 2023 results to be at the top end of its guided range as it reported a jump in pretax.

Will more open recruitment styles benefit accountancy?

PwC’s decision to remove its 2:1 degree requirement from graduate and undergraduate roles signals a shift towards hiring based on aptitude and skills rather than academic achievement.

EOH sells four businesses in bid to slash more debt

Technology group EOH is set to sell its four information services companies in a R400-million deal as part of an ongoing asset disposal drive aimed at slashing its debt.

UK Insurer RSA Reports 15% Hike in 2020 Operating Profit

UK Insurer RSA Reports 15% Hike in 2020 Operating Profit February 26, 2021 UK insurer RSA has reported a 2020 business operating result of £751 million ($1.1 billion), up 15% from £656 million ($926 million) reported during 2019. The group paid out some £4.6 billion ($6.5 billion) in “normal” claims while also providing for over £250 million ($353 million) in COVID-19 specific claims, said RSA Chief Executive Stephen Hester. On Jan. 15, 2021, the UK Supreme Court handed down a judgment relating to the Financial Conduct Authority’s test case on business interruption coverage wordings in the UK. As a result, RSA said, gross loss reserving for 2020 increased, but the company does not currently expect the net loss estimates to change materially.

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