Newsgather

Big Four

Steady14 stories5 sourcesLast updated: 7h ago

Latest Stories

Tennis slams’ refusal to discuss money is slap in face for players who are right to threaten boycott | Tumaini Carayol
Sports
5/9/2026

Tennis slams’ refusal to discuss money is slap in face for players who are right to threaten boycott | Tumaini Carayol

Wealthy players asking for more money may feel wrong but the big four tournaments are not sharing the revenue fairlyAt some point in the quiet buildup to her opening match at the Italian Open, Aryna Sabalenka decided to attack one of the most contentious subjects in her sport with the same force as her forehand. In her press conference, the subject of the top players’ attempts to attain a greater revenue share from the grand slam tournaments prompted the world No 1 to make a drastic prediction: “I think at some point we will boycott it, yeah,” she said. “I feel like that’s going to be the only way to fight for our rights.”It marked an escalation in a pay dispute that, until this point, had played out in a series of polite letters and public statements. Over a year ago, in March 2025, the players sent their first letter to the grand slam tournaments. Their requests focused on the grand slams offering a greater percentage of their revenues to the players, contributions to player welfare initiatives, such as pension funds, and closer consultation through a grand slam player council. To the frustration of the player group, the grand slams have still not issued substantial responses to the first two requests. Continue reading...

G
Guardian Sport
Reinstate windfall tax on banks after surge in profits, TUC urges
NEWS
5/5/2026

Reinstate windfall tax on banks after surge in profits, TUC urges

Unions group wants rate returned from 3% to 8% after big four UK lenders reveal £14bn total profit in first quarter An increased windfall tax should be imposed on the UK’s largest banks according to trade union leaders, after the big four lenders reported almost £14bn in first-quarter profits, partly fuelled by market turbulence caused by the Iran war.The Trades Union Congress (TUC) renewed its call for an increase in the current bank surcharge, which was reduced from 8% to 3% of profits above £100m by the Conservative government in 2023, as banks benefit from the high interest rate environment. Continue reading...

G
Guardian Business
KPMG to Cut About 10% of US Audit Partners After Voluntary Retirement Push Failed
NEWS
4/24/2026AI summary

KPMG to Cut About 10% of US Audit Partners After Voluntary Retirement Push Failed

KPMG announced plans to cut approximately 10% of its US audit partners after years of voluntary early retirement schemes failed to attract enough participants. The firm informed its audit and assurance partnership during a Wednesday meeting that the partnership had grown larger than needed relative to current business levels. While the exact number was not disclosed, several dozen partners are expected to leave. The cuts are part of a broader multiyear strategy to align the size and skills of the team with the firm's audit platform capabilities.

T
Times of India
KPMG to Cut About 10% of US Audit Partners After Voluntary Retirement Push Failed
NEWS
4/24/2026AI summary

KPMG to Cut About 10% of US Audit Partners After Voluntary Retirement Push Failed

KPMG is cutting about 10% of its US audit partners after earlier efforts to encourage voluntary retirements did not deliver expected results. The decision was shared during an internal meeting, with several dozen partners expected to leave. The firm stated the move is part of a multiyear strategy to align the size, shape and skills of its team with its audit platform. The audit and assurance division includes around 1,400 partners and managing directors. Affected partners will receive financial packages and transition support.

T
Times of India