News

Catch up with the latest news from across the Chamber

PEM strengthens Tax and Audit leadership with two Partner promotions

HR & Recruitment 2 October 2026

PEM strengthens Tax and Audit leadership with two Partner promotions

Angus Wood and Tom Hamilton have been promoted to Partner, reinforcing PEM’s Business Tax and Audit capabilities and reflecting the firm’s continued investment in leadership, expertise and client service. The appointments reflect the commitment both individuals have demonstrated throughout their careers at PEM.

Price Bailey announces its 2026 trainee intake

HR & Recruitment 30 September 2026

Price Bailey announces its 2026 trainee intake

Price Bailey welcomes its 2026 intake of trainees, which include graduates, school leavers and 12-month industry placements. The trainees will join throughout September for a two-week induction at the firm’s Cambridge office, before going back to their respective offices and departments, with the trainees working across the firm’s 11 UK offices.

Price Bailey appoints Philip Olagunju bolstering its Strategy & Corporate Finance team

HR & Recruitment 30 September 2026

Price Bailey appoints Philip Olagunju bolstering its Strategy & Corporate Finance team

Price Bailey has appointed experienced corporate finance specialist Philip Olagunju as Partner in its Strategy and Corporate Finance team, further strengthening the firm’s offering across East Anglia, London and the Home Counties.

Philip joins Price Bailey following almost a decade at PEM, where he was Partner and Head of Corporate Finance. He brings more than 20 years of corporate finance experience, having previously held M&A advisory roles at RSM and BDO, as well as spending time in industry as a Finance Director.

PEM welcomes 20 new trainees to launch their professional careers

Business Growth & Development, HR & Recruitment 18 August 2026

PEM welcomes 20 new trainees to launch their professional careers

PEM is delighted to welcome 20 new trainee professionals who are joining the firm this week to begin their accountancy career journey.

The intake includes both A-level school leavers and graduates, who will work across PEM’s Accounts, Audit, Tax and Virtual Finance Office (VFO) teams. Alongside supporting clients and gaining practical experience, the trainees will undertake professional study programmes over the next three to five years as they work towards achieving their professional qualifications.

Fixing the labour market will be a defining feature of Andy Burnham’s premiership

HR & Recruitment, Next Generation 28 July 2026

Fixing the labour market will be a defining feature of Andy Burnham’s premiership

Emeritus Professor Joe Nellis is economic adviser at MHA, the accountancy and advisory firm.

The UK labour market is failing to gain momentum as the unemployment rate held at 4.9% in May while earnings growth (excluding bonuses) remained at 3.4%

Weak Business Confidence Impacting Hiring 

HR & Recruitment 23 July 2026

Weak Business Confidence Impacting Hiring 

Reacting to the latest labour market data from the ONS, Patrick Milnes, Head of Policy for People and Work at the British Chambers of Commerce, said:       

“Today’s labour market data is a stark example of the challenges awaiting Andy Burnham as he settles into Number 10. 

Recruitment Challenges Continue to Stall Hiring  

HR & Recruitment 13 July 2026

Recruitment Challenges Continue to Stall Hiring  

Less than a quarter (23%) of firms are expecting to increase the size of their workforce over the coming months, according to the latest data from the British Chambers of Commerce (BCC). 

The BCC’s Quarterly Recruitment Outlook shows most businesses (66%) are planning to keep with their existing staffing numbers, while 11% of firms are planning to cut staff. 

Hiring On Hold

Economic Growth, HR & Recruitment 18 June 2026

Hiring On Hold

Reacting to the latest labour market data from the ONS, Patrick Milnes, Head of Policy for People and Work at the British Chambers of Commerce, said:      

“While unemployment fell slightly to 4.9 per cent, the expectation is that it will rise as businesses remain cautious about hiring. Our latest forecast suggests it could reach 5.2 per cent by Christmas as firms struggle with labour cost pressures.

“With vacancies falling and a rise in economic inactivity, this would suggest many businesses are pressing pause on recruitment as uncertainty looms around costs, global headwinds and domestic policies. 

Transforming the New Hire Journey: Capytech UK’s End-to-End Onboarding Solution for Cambridge and Peterborough Businesses *Digital & IT, HR & Recruitment*

Business Growth & Development, HR & Recruitment 16 June 2026

Transforming the New Hire Journey: Capytech UK’s End-to-End Onboarding Solution for Cambridge and Peterborough Businesses *Digital & IT, HR & Recruitment*

Businesses across Cambridge and Peterborough are expanding, but in today’s competitive market, securing top talent is only half the battle. The real challenge? Keeping them engaged and productive from the moment they say “yes.” *The Problem* The traditional onboarding process is often disjointed, paper-heavy, and overwhelming.

Far too many organisations rely on a chaotic first week filled with massive policy manuals, generic presentations, and unstructured shadowing. The result? A stressful experience for the new employee, a massive time drain for management, and a significantly increased risk of early staff turnover. When the journey from signing the contract to becoming a fully productive team member is fragmented, businesses lose both time and money.