Press releases

Hotels 2020

02 Mar 2015

The hotel industry has lagged behind other sectors in adopting technology to meet customer led demand, according to a new report from Grant Thornton. As a result, hotels must now put mobile technology at the centre of their customer experience as they race to catch up and compete in the ‘sharing economy’, where services such as AirBnB are challenging the traditional business model.

Grant Thornton posts annual revenues of US$4.7 billion

19 Jan 2015

Grant Thornton today announced record combined global revenues of US$4.7 billion driven by 4.6% growth in US dollars (4.9% in local currency) for the year ended 30 September 2014.

Grant Thornton donation to UNICEF tops US$360,000

27 Dec 2014

Grant Thornton donated USD30,950 to UNICEF UK as part of its ongoing association through the International Business Report (IBR). This takes the total donation made through the project over the past eight years to over US$360,000.

OECD BEPS project faces uphill battle

15 Dec 2014

Businesses want greater guidance on acceptable tax planning. Two global business surveys conducted by Grant Thornton finds businesses sceptical about the success of the Organisation for Economic Co-operation and Development's (OECD) BEPS Project on intergovernmental action on tax and wanting greater clarity as to what is acceptable and unacceptable tax planning - even if this provided less opportunity to reduce tax liabilities across borders.

Global private equity report 2014/15

24 Nov 2014

In the post global financial crisis phase, the question being asked more than ever is: how can private equity deliver its value-added promises? The fourth edition of the Grant Thornton Private Equity Report, an annual survey of 175 senior industry practitioners around the globe, finds a new focus on returns rather than entry multiples; secondary buyouts increasing in importance; and thirdly the significance of management in delivering the new plan.

Mining M&A expected to double as market elements align

05 Nov 2014

According to a new Grant Thornton report, the mining sector will herald a new era in mergers and acquisitions (M&A) as a near perfect alignment of factors takes place. Following a slow period for transactions, in which last year’s deal volumes failed to breach the $90bn mark , Grant Thornton’s research and analysis suggests that a fertile environment will next year lead to a doubling in the value of M&A in the mining sector compared to 2013

New Grant Thornton firm in Belize

31 Oct 2014

Grant Thornton, one of the world's leading organisations of independent assurance, tax and advisory firms, today announced a new member firm in Belize, effective 30 September.

Business confidence slides in Germany

15 Oct 2014

New research shows that the economic balance of the eurozone is undergoing significant change as German business confidence took a sharp nosedive in the last quarter, threatening to drag the world’s biggest trading block downwards.

Growing business focus on sustainability in emerging markets

01 Oct 2014

With momentum building towards the UN Climate Change Conference in Peru, new figures from Grant Thornton’s International Business Report (IBR), a survey of 2,500 companies in 34 economies, reveal that businesses leaders in emerging markets are more focused on the sustainability of their operations compared with peers in developed markets.

Businesses calling for global agreement on tax planning and updated tax rules for a modern, digital economy

15 Sep 2014

As the OECD prepares to deliver the first phase of its BEPS action plan in Australia this week, the Grant Thornton International Business Report (IBR), a survey of 2,500 senior executives in 34 economies, finds the majority of businesses calling for more transparency on acceptable planning, updated tax rules for a modern, digital economy and the harmonisation of global corporation tax rates.