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Grant Thornton International


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Risky Business

THE majority of medium to large privately held businesses (72%) reported their staff or families of staff had been affected by violent crime over the past year, according to a recent report by Grant Thornton.

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Receivers step down

Receivers Grant Thornton have reached an agreement with their appointer, Equitable Property Holdings Ltd, for them to cease acting as receivers of income of two properties owned by Dave Henderson. This decision was made following...

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Grant Thornton Weighs in on Foreign Entities in U.S.

Accountancy says the heated growth rate for overseas control would have been hotter still had U.S. taxes not been so high.

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Britain’s debt exceeds GDP for the second year running

Britain’s cumulative personal debt has exceeded the income generated by the economy for the second consecutive year it has been announced. According to accountants Grant Thornton, the total amount owed by consumers on credit cards, loans and mortgages hit £1.444 trillion for the 12 months to June. However, in the same period the country’s gross [...]

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Grant Thornton tax partner set for election as London Lord Mayor

Ian Luder, a tax partner at Grant Thornton, is poised to become the next Lord Mayor of the City of London.

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Consumer debt exceeds GDP once again

Personal debt in the UK has exceeded the nation’s gross domestic product (GDP) for the second successive 12 month period. Accountant, Grant Thornton, has been researching consumer debt and has revealed that the total amount owed via mortgages, loans and credit cards increased by 7.3% during the year to the end of June. The figure now [...]

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Consumer debt 'outstrips GDP'

Report by accountants Grant Thornton says levels of debt rose by 7.3% compared to a 5.1% rise in gross domestic product

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UK debt exceeds £1 trillion

Research from accountants Grant Thornton has revealed that the total amount owed by consumers through mortgages, loans and credit cards increased by 7.3% during the six months to 30 June to stand at £1.444 trillion. However, during the same six-month period, Gross Domestic Product (GDP) only rose by 5.1% in nominal terms to £1.41 trillion, [...]

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Investment Funds Eye US$20 Bln in Vietnam Tourism

Twenty foreign investment funds are ready to invest US$20 billion in Viet Nam tourism to tap the local potentials. “The funds are mostly interested in constructions of trade centers, hotels, and high-end entertainment complexes,” Kenneth Atkinson, manager of Grant Thornton Viet Nam said, adding that Viet Nam boats rich potentials for tourism development. “Viet Nam will be among the top-ten

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76 percent of U.S. CEOs see greater inbound foreign investment in the next year

CHICAGO--(BUSINESS WIRE)--In a Grant Thornton LLP national survey of 250 U.S. chief executive officers, three-quarters (76%) of respondents anticipate that foreign companies will invest more

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My del.icio.us bookmarks for August 12th

These are my links for August 12th: Nowhere to hide as taxman steps up tax probe - Accountancy Age - Every cloud has a silver lining for Grant Thornton Creative Capitalism: What makes profit-maximization possible - Well worth the read, from Martin Wolf People: BBC man Sir Bill Cotton dies aged 80 | News | The First Post [...] ShareThis

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Grant Thornton Says Supplier Bankruptcy Risk High

Lower industry volumes and the massive decline in truck and SUV sales have put as many as one-third of automotive suppliers in North America at risk of bankruptcy, according to the Summer 2008 Automotive Industry Review prepared by Grant Thornton Corporate Advisory and Restructuring Services. At the same time, bankruptcy concerns for the Detroit Three domestic automakers are overblown, despite recent...

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Inside Detroit Autos: Camry likely to surpass F-Series

Massive declines in pickup sales, combined with stronger sales of cars, means that the Toyota Camry will likely pass the Ford F-Series as the best-selling vehicle line in America this year, according to Kimberly Rodriguez, principal of Grant Thornton Advisory Services Automotive Platform. She also expects Honda Motor Co. to surpass Chrysler LLC as the No. 3 automaker in the United States.

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US: One-third of suppliers risk bankruptcy - report

Lower industry volumes and the massive decline in truck and SUV sales have put as many as one-third of automotive suppliers in North America at risk of bankruptcy, according to the summer 2008 Automotive Industry Review prepared by Grant Thornton Corporate Advisory and Restructuring Services.

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Grant Thornton and Refco - Small Favors

Refco is a favorite case of mine, since it is a Chicago case and also the first time I used the expression " big swinging 'sticks' ." I try to keep it clean on this blog, but occasionally I can't resist wordplay that implies my visceral reaction to the true rogues that pepper my posts. As I mentioned earlier , guilty pleas by Refco's top three rogues helps the case of all other defendants, and there...