Deloitte-ful: Big Four beancounter returns from six-month suspension to pitch for government contracts

 
Oliver Gill
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Government consulting contracts are an important revenue stream for Big Four accountants like Deloitte (Source: Wikimedia Commons)

Accounting giant Deloitte has resumed bidding for lucrative government consultancy contracts after serving a six-month stint on the sidelines.

The Big Four firm has pitched for at least state mandate in recent weeks, Sky News first reported.

It served a mutually agreed six-month ban after a high-profile blunder last year when it leaked a memo criticising ministers' Brexit plans.

Read more: Deloitte in humiliating apology to Downing Street for leaked Brexit memo

The return from the cold will likely give Deloitte's finances a boost, as more than five per cent of its UK revenues are derived from government contracts.

A spokesperson for Deloitte said: "We are concluding the plan we put forward around our work with central government. This followed the leak of a memo in November 2016.”

In November a document was leaked to the Times claiming the government had "no plan" when it came to Brexit and companies could "point a gun at the government's head".

Deloitte was forced into apologising for the document, highlighting it “was not a Deloitte point of view”, but acknowledging the “disruption” it had caused Downing Street.

To make amends the firm agreed in December to refrain from bidding for UK government contracts for a period of six months.

Read more: Big Four audit giant dragged into Brexit row

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