-
Governance advisory
We guide boards and management teams in frameworks, team processes and leadership dynamics to deliver sustainable value.
-
Financial services advisory
Get market-driven expertise to achieve your goals in banking, insurance, capital markets, and investment management.
-
Business risk services
Our market-driven expertise helps firms keep growing and manage risk in an evolving regulatory landscape.
-
Risk
Meet risks with confidence and transform your business – we support you to manage risk and deliver on your goals.
-
Economic consulting
Bespoke guidance grounded in complex economic theory and practical sector insight to help you make the right decisions.
-
Government and public sector
Experience and expertise in delivering quality public sector advisory and audits.
-
Business consulting
Partnering with you to deliver sustainable business change that helps you realise your ambitions.
-
Transaction advisory services
Whether buying or selling, we help you get the deal done with our comprehensive range of transaction advisory services.
-
Financial accounting advisory services (FAAS)
Our FAAS team can support your finance function with the flexible resource they need to get results.
-
Corporate finance advisory
Building a business is never easy. We help you maximise the value of your business and find the right option.
-
Valuations
Help to understand or support the valuation of a business or asset.
-
Insolvency and global asset recovery
We provide asset tracing and seamless cross-border global recovery for clients.
-
Forensic and investigation services
Market-driven expertise in investigations, dispute resolution and digital forensics.
-
Restructuring
Our restructuring team help lenders, investors and management navigate contingency plans, restructuring and insolvency.
-
Pensions assurance
A tailored service that responds to evolving risks and regulations.
-
Accounting services
Optimise your growth with expert accounting services. Contact us today.
-
Royalty and intellectual property (IP) audits
Enhance IP asset protection with our royalty and IP audit services. Expertise in licensing, revenue detection, and compliance improvements.
-
Business consulting
Partnering with you to deliver sustainable business change that helps you realise your ambitions.
-
Corporate Simplification
Release value, reduce compliance complexity, and improve tax efficiency by streamlining your group structure.
-
Economic consulting
Bespoke guidance grounded in complex economic theory and practical sector insight to help you make the right decisions.
-
Governance advisory
We guide boards and management teams in frameworks, team processes and leadership dynamics to deliver sustainable value.
-
International
Unlock global opportunities with our local expertise and worldwide reach.
-
People advisory
Driving business performance through people strategy and culture.
-
Strategy Group
Successful business strategy is rooted in a clear understanding of the market, customer segmentation and how purchase decisions vary.
-
Respond: Data breach, incident response and computer forensics
Are you prepared for a cyber failure? We can help you avoid data breaches and offer support if the worst happens.
-
Comply: Cyber security regulation and compliance
Cyber security regulation and compliance is constantly evolving. Our team can support you through the digital landscape.
-
Protect: Cyber security strategy, testing and risk assessment
Cyber security threats are constantly evolving. We’ll work with you to develop and test robust people, process and technology defences to protect your data and information assets.
-
Corporate finance advisory
Building a business is never easy. We help you maximise the value of your business and find the right option.
-
Debt advisory
Working with borrowers and private equity financial sponsors on raising and refinancing debt. We can help you find the right lender and type of debt products.
-
Financial accounting advisory services (FAAS)
Our FAAS team can support your finance function with the flexible resource they need to get results.
-
Financial modelling services
Financial modelling that helps you wrestle with your most pressing business decisions.
-
Operational deal services
Enabling transaction goals through due diligence, integration, separation, and other complex change.
-
Our credentials
Search our transactions to see our experience in your sector and explore the deals advisory services we've delivered.
-
Transaction advisory services
Whether buying or selling, we help you get the deal done with our comprehensive range of transaction advisory services.
-
Valuations
Help to understand or support the valuation of a business or asset.
-
The ESG agenda
Shape your ESG agenda by identifying the right metrics, sustainable development and potential business value impact.
-
ESG driven business transition
Whatever your ESG strategy, we can support your organisation as it evolves while maximising efficiency and profitability.
-
ESG programme and change management
Do you have the right capabilities to drive the delivery of your ESG strategy to realise your targets?
-
ESG risk management
You must protect, comply, understand and influence to successfully manage the risk involved with ESG issues. We can help.
-
ESG strategy, risk and opportunity identification
We can help you clearly define your ESG Strategy, with the risks and opportunities identified and managed.
-
Create value through effective ESG communication
Building trust and engagement with your stakeholders on your ESG strategy.
-
ESG metrics, targets and disclosures
The pressure to report your ESG progress is growing. Do your targets measure up?
-
ESG governance, leadership and culture framework
Make the most of ESG opportunities by effectively embedding your strategy across your organisation.
-
ESG and non-financial assurance
Support your board to be confident in supplying robust information that withstands scrutiny.
-
Actuarial and insurance consulting
We consult extensively to the life insurance, general insurance, health insurance and pensions sectors.
-
Business risk services
Our market-driven expertise helps firms keep growing and manage risk in an evolving regulatory landscape.
-
Financial crime
Helping you fight financial crime in a constantly changing environment
-
Financial services business consulting
Leverage our diverse capabilities to manage challenges and take opportunities: from assurance to transformation
-
Financial services tax
Helping financial services firms navigate the global financial services and funds tax landscape.
-
Regulatory and compliance
Providing an exceptional level of regulatory and compliance to firms across the financial services industry.
-
Corporate intelligence
Corporate intelligence often involves cross-border complexities. Our experienced team can offer support.
-
Litigation support
Industry-wide litigation support and investigation services for lawyers and law firms.
-
Disputes advisory
Advising on quantum, accounting and financial issues in commercial disputes.
-
Forensic investigations and special situations
Do you need clarity in an uncertain situation? If you're accused of wrongdoing we can help you get the facts right.
-
Forensic data analytics
Our forensic data analytics team are helping businesses sift the truth from their data. See how we can help your firm.
-
Monitoring trustee and competition services
Monitoring trustee services to competition, financial and regulatory bodies.
-
Financial crime
Supporting your fight against financial crime in an ever-changing environment
-
Public sector advisory
To deliver excellent public services, local and central government need specialist support.
-
Public sector consulting
Helping public sector organisations maintain oversight of services and understand what's happening on the ground.
-
Public sector audit and assurance
As a leading UK auditor, we have unparalleled insights into the risks, challenges and opportunities that you face.
-
Contentious estates and family disputes
We manage complex and sensitive disputes through to resolution.
-
Digital Asset Recovery
Get guidance and technical expertise on digital finance and cryptoasset recovery from our dedicated crypto hub.
-
Grant Thornton Offshore
Grant Thornton Offshore is our one-stop global solution for insolvency, asset recovery, restructuring and forensics services.
-
Insolvency Act Portal
Case information and published reports on insolvency cases handled by Grant Thornton UK LLP.
-
Litigation support
Industry-wide litigation support and investigation services for lawyers and law firms.
-
Personal insolvency
We can support you to maximise personal insolvency recovery and seek appropriate debt relief.
-
South Asia business group
Supporting your growth in the UK-India economic corridor and beyond.
-
US business group
Optimise your trans-Atlantic operations with local knowledge and global reach.
-
Japan business group
Bridging the commercial and cultural divide and supporting your ambitions across Japan and the UK.
-
Africa business group
Connecting you to the right local teams in the UK, Africa, and the relevant offshore centres.
-
China-Britain business group
Supporting your operations across the China – UK economic corridor.
-
Contingency planning and administrations
In times of financial difficulty, it is vital that directors explore all the options that are available to them, including having a robust ‘Plan B’.
-
Corporate restructuring
Corporate restructuring can be a difficult time. Let our team make the process simple and as stress-free as possible.
-
Creditor and lender advisory
Whether you're a creditor or lender, complex restructurings depend on pragmatic commercial advice
-
Debt advisory
Our debt advisory team can find the right lender to help you in restructuring. Find out how our experts can support you.
-
Financial services restructuring and insolvency
Financial services restructuring and insolvency is a competitive marketplace. Our team can help you navigate this space.
-
Pensions advisory services
DB pension-schemes need a balanced approach that manages risk for trustees and sponsors in an uncertain economy.
-
Restructuring and insolvency tax
Tax will often be crucial in a plan to restructure a distressed business. Our team can guide you through the process.
-
Restructuring Plans
Market leading experience in advising companies and creditors in Restructuring Plan processes.
-
Controls advisory
Build a robust internal control environment in a changing world.
-
Data assurance and analytics
Enhancing your data processes, tools and internal capabilities to help you make decisions on managing risk and controls.
-
Enterprise risk management
Understand and embrace enterprise risk management – we help you develop and connect risk thinking to your objectives.
-
Internal audit services
Internal audit services that deliver the value and impact they should.
-
Managing risk and realising ESG opportunities
Assess and assure risk and opportunities across ESG with an expert, commercial and pragmatic approach.
-
Project, programme, and portfolio assurance
Successfully delivering projects and programmes include preparing for the wider impact on your business.
-
Service organisation controls report
Independent assurance provides confidence to your customers in relation to your services and control environment.
-
Supplier and contract assurance
Clarity around key supplier relationships: focusing on risk, cost, and operational performance.
-
Technology risk services
IT internal audits and technology risk assurance projects that help you manage your technology risks effectively.
-
Capital allowances (tax depreciation)
Advisory and tools to help you realise opportunities in capital allowances.
-
Corporate tax
Helping companies manage corporate tax affairs: delivering actionable guidance to take opportunities and mitigate risk.
-
Employer solutions
We will help you deliver value through your employees, offering pragmatic employer solutions to increasing costs.
-
Indirect tax
Businesses face complex ever changing VAT regimes, guidance and legislation. We can help you navigate these challenges.
-
International tax
Real-world international tax advice to help you navigate a changing global tax landscape.
-
Our approach to tax
We advise clients on tax law in the UK and, where relevant, other jurisdictions.
-
Private tax
Tax experts for entrepreneurs, families and private business. For now and the long term.
-
Real estate tax
Stay ahead of real estate tax changes with holistic, tax-efficient solutions.
-
Research and development tax incentives
We can help you prepare optimised and robust research and development tax claims.
-
Tax dispute resolution
We make it simple to stay compliant and avoid HMRC tax disputes
-
Tax risk management
We work with you to develop effective tax risk management strategies.
-
Skills and training
Get the right support to deliver corporate and vocational training that leads the way in an expanding market.
-
Private education
Insight and guidance for all businesses in the private education sector: from early years to higher education and edtech.
-
Facilities management and property services
Get insight and strategic support to take opportunities that protect resilience and drive UK and international growth.
-
Recruitment
Helping recruitment companies take opportunities to achieve their goals in a market where talent and skills are key.
-
Food and beverage (F&B)
We can help you find the right ingredients for growth in your food and beverage business.
-
Travel, tourism and leisure
Tap into our range of support for travel, tourism and leisure businesses in this period of challenge and change.
-
Retail, e-commerce and consumer products
With multiple challenges and opportunities in the fast-evolving retail sector, make sure you are ready for them.
-
Banking
Our expertise and insight can help you respond positively to long term and emerging issues in the banking sector.
-
Capital markets
2020 is a demanding year for capital markets. Working with you, we're architecting the future of the sector.
-
Insurance
Our experienced expert team brings you technical expertise and insight to guide you through insurance sector challenges.
-
Investment management
Embracing innovation and shaping business models for long-term success.
-
Pensions
Pension provision is an essential issue for employers, and the role of the trustee is becoming increasingly challenging.
-
Central and devolved government
Helping central and devolved governments deliver change to improve our communities and grow our economies.
-
Infrastructure and transport
Delivering a successful transport or infrastructure project will require you to balance an often complex set of strategic issues.
-
Local government
Helping local government leverage technical and strategic expertise deliver their agendas and improve public services.
-
Regeneration development and housing
We provide commercial and strategic advice to assist your decision making in pursuing your objectives.
-
Health and social care
Sharing insight and knowledge to deliver transformation and improvement to health and social care services.
-
Charities
Supporting you to achieve positive change in the UK charity sector.
-
Education and skills
The education sector has rarely faced more risk or more opportunity to transform. You need to plan for the future.
-
Social housing
We are committed to helping change social housing for the better, and can help you make the most of every opportunity.
-
Technology
We work with dynamic technology companies of all sizes to help them succeed and grow internationally.
-
Telecommunications
Take all opportunities to realise your goals in telecommunications: from business refresh to international expansion.
-
Media
Media companies must stay agile to thrive in today’s highly competitive market – we’re here to support your ambitions.
Get the latest insights, events and guidance for financial services professionals, straight to your inbox.
Our items this week demonstrate the sheer breadth of the current regulatory agenda.
There is a distinct air of positivity in our first item which picks up a recent FCA speech centred on the competitiveness agenda.
At the polar opposite, a recent Treasury Select Committee report delves into the very much undesirable features of the industry and powerfully delivers some home truths, including concerns around the pace of progress. The findings here are complementary to the FCA’s own proposals to tighten expectations on firms to tackle misconduct. Understandably, regulators will expect firms to regard culture as a Board-level issue.
In our third item, regulators look inwardly in the form of the NAO’s report on the Bank of England’s (BoE) management of its own compliance risks. This is a fascinating read for those wanting to learn more about the inner workings of the BoE. Ultimately, this conveys an acknowledgement that there is clear room for improvement.
Within the fast-moving payments industry, our penultimate item demonstrates the trade-off between speed and risk in the form of pending legislation aligned to the current regulatory focus on APP fraud.
To close this week, we look at emerging regulatory attention on the fairness of personal guarantees in small-business lending as broader consumer credit reform looms.
Hallmarks of a future-fit workforce
Emily Shepperd, Chief Operating Officer and Executive Director of Authorisations at the FCA, has delivered a speech at TheCityUK and Financial Services Skills Commission Future Skills Conference.
The speech emphasised the importance of tapping into skills markets outside London to ensure competitiveness and better reflect consumer demographics. Firms will need to build strong, healthy, and inclusive cultures to attract and retain talent. This will support a diverse, skilled, and agile workforce that is better able to respond and adapt to changing world events and new ways of working. It looks at the importance of creating the right environment to encourage the right behaviours while managing the emerging possibilities and challenges that artificial intelligence brings.
The speech concluded that conversations on skills remain on the agenda but stressed that this needs to be accompanied by actions. From an FCA perspective, this includes policy and supporting firms to get to the right outcomes.
'Sexism in the City' report
The Treasury Select Committee’s report highlights progress in representation in financial services, but emphasises the need for faster advancement, noting persistent pockets of limited progress and significant cultural issues. The Committee considers regulators have a crucial role in driving diversity due their impact on competitiveness and firm performance. They advocate for greater responsibility for the leadership of firms.
The regulators’ consultation on diversity and inclusion proposals stresses the importance of measurable data to drive change and welcomes the Committee’s feedback. Priorities for the upcoming year include addressing misconduct, such as bullying and sexual harassment, in line with the Committee’s recommendations. Reflecting on feedback, they will focus on tightening expectations on firms while considering strategies for fostering diversity and inclusion. Recommendations also include engaging with firms on cultural issues and promoting family-friendly policies.
The regulators have committed to careful consideration of these recommendations.
Legal, ethical, and staff risks
The National Audit Office (NAO) has released a report detailing the BoE's management of legal, ethical, and staff compliance risks, marking considerable progress in enhancing non-financial risk management protocols since 2017. The report scrutinises the evolution of the BoE's risk management strategies, spotlighting significant improvements like the establishment of a Risk Directorate and the unification of risk registers into a singular system.
Key findings from the report are structured around three main areas:
-
Streamlined compliance risk management with clear governance and defined responsibilities
-
Advanced identification, assessment, and monitoring processes for proactive risk management
-
Improved mechanisms for swift and effective risk response, reflecting a strong commitment to risk mitigation
The recommendations point towards ongoing enhancements in risk management, emphasising the need for the BoE to continuously adapt its strategies. The report showcases BoE's efforts to maintain financial stability and public trust through effective compliance and ethical governance, offering insights for similar institutions seeking to improve their risk management frameworks.
Payment Services Regulations policy note: slowing down payments processing when fraud is suspected
The Payment Services (Amendment) Regulations 2024 policy note has been published to further support the UK’s commitment to combat fraud and dishonesty in payment processing. This is the near-final version of legislation to slow down payments processing when there are reasonable grounds to suspect fraud.
With a focus on Authorised Push Payment (APP) fraud, Payment Services Providers (PSPs) will have the power to delay payments for up to four business days when fraud is suspected, providing crucial time for investigation and prevention. This move aims to protect UK individuals and businesses from financial harm. The regulations are set to come into force alongside the Payment Systems Regulators rules on mandatory reimbursement for APP fraud on 7 October 2024.
The Government has published the draft legislation for technical checks and has requested feedback before 12 April 2024.
FCA investigation of the use of personal guarantees in small-business lending
The FCA has committed to investigate the use of personal guarantees by lenders to support loans to certain small businesses. The steps come in response to a super complaint from the Federation of Small Businesses (FSB).
The FSB has raised concerns that a growing demand for personal guarantees by lenders has a detrimental impact on small businesses, which they believe dissuades them from borrowing funds to grow. It has concerns about small, limited companies. The FCA’s remit does not include lending to limited companies. However, the FCA has committed to investigate the issue to do what it can to support small businesses defined within its remit and it has agreed to share the outcome of its work with appropriate government departments, including the Treasury, as it considers reforming the Consumer Credit Act 1974.
Financial services
An essential guide to the regulatory landscape for financial services