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Cross-border M&A activity up by a fifth

27 Feb 2013

Grant Thornton’s International Business Report (IBR), a quarterly global business survey in 44 countries, finds an increased appetite for cross border acquisitions as demand is at its highest level since 2008. Despite the political and economic events of the past twelve months, planned cross border M&A is driving acquisitive growth increasing by 56% since 2008 and 18% in 2012.

Few businesses seek lower corporate tax rate

27 Feb 2013

A survey of more than 3,400 businesses in 44 economies finds that 67% would not relocate their business to another country for any level of reduction in their corporate tax rate.

BRIC growth wobbling on shaky foundations

12 Feb 2013

New research from Grant Thornton’s International Business Report (IBR) reveals that businesses in the fast-growing BRIC economies increasingly view under-investment in national infrastructure as a major constraint on their ability to grow.

Skills shortage epidemic weighs on growth

05 Feb 2013

Businesses around the world are reporting a skills shortage epidemic that is weighing on growth prospects, according to new research from the Grant Thornton International Business Report (IBR). 

Wage growth cooling in emerging economies

01 Feb 2013

The number of businesses in emerging markets offering above inflation pay rises to their employees has fallen away dramatically over the last 12 months, according to a global survey.

Three-quarters of businesses hold leases

30 Jan 2013

The International Accounting Standards Board (IASB) and Financial Accounting Standards Board (FASB) are set to publish revised proposals for a new lease accounting standard but a survey of 3,450 businesses in 44 economies finds that, although 78% hold leases, only 42% are aware of these proposed global changes that could drastically alter their balance sheet.

Jon Geldart honoured in China

28 Jan 2013

The Chinese Institute of Certified Public Accountants (CICPA), the Beijing-based accounting body with oversight responsibility for accountants in China, has appointed Jonathan Geldart, global head - marketing communications at Grant Thornton, to take on the role of international advisor on brands.

Stanley Chang makes global move

09 Jan 2013

Stanley Chang joins the Grant Thornton global advisory practice from 1 January 2013. Bringing vast amounts of experience from a wide variety of sectors within the Asia Pacific region, Stanley will be working throughout Grant Thornton offices in Europe and North America over the next six months.

Business optimism falls in mature economies

02 Jan 2013

Hopes for a strong start to economic recovery in 2013 look to be diminishing as business confidence in mature economies continues to fall away. The latest data from the Grant Thornton International Business Report (IBR), a survey of 3,200 business leaders in 44 economies, suggests economic uncertainty caused by concerns over the United States fiscal cliff and ongoing fears over the long-term viability of eurozone is dampening growth prospects.

Grant Thornton grows 10.4%

20 Dec 2012

Grant Thornton today announced record combined global revenues of US$4.2 billion driven by 10.4% growth in US dollars (18.8% in Euros, €3.2 billion) and 13.2% in local currency for the year ended 30 September 2012. Grant Thornton led the six largest global accounting organisations in reported revenue growth rate for 2012.