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Prof Services

  • Accenture shares surge as consulting giant shrugs off worst of AI fears

    October 1, 2026

    Shares in consulting giant Accenture surged on Thursday after the firm topped its own revenue targets and shrugged off the worst fears of an AI-induced slowdown. The New-York listed consultant said fourth-quarter revenues rose by six per cent to $18.7bn [£14.1bn], outpacing its own target of between $17.7bn [£13.4bn] to $18.4bn [£13.9bn]. Wall Street analysts had [...]

  • Winkworth launches board review as family feud rocks London estate agent

    September 30, 2026

    London estate agent Winkworth has launched an independent review of its board as it battles to contain the fallout of a boardroom family feud involving the firm’s its chief executive and his father, the chair. The AIM-listed firm, which is one of the UK’s oldest estate agents and specialises in properties in the City in [...]

  • The sugar rush is over: The Big Four must wake up from their pandemic dream

    September 30, 2026

    The pandemic was the worst thing that could have happened to the Big Four giants and the overall consultancy market. At the time, these firms were flying high, flooded with inquiries from businesses needing help to navigate the ‘once-in-a-lifetime ‘ event, but this ‘sugar rush’ didn’t last forever, and it gave the industry a false [...]

  • Deloitte UK advisory arm rebounds to growth as new boss insists AI ‘can’t replace lived experience’

    September 30, 2026

    Big Four giant Deloitte’s new UK boss, Darren Graves, insisted AI “can’t replace lived experience” as the firm’s advisory arms return to growth. Revenue for the year ended 31 May 2026 for the UK arm was up 2 per cent to £5.81bn, with growth across all businesses. The firm’s technology and transformation arm led with 4 [...]

  • Legal sector warns against tax ‘raid’ proposal on client account interest ahead of Budget

    September 29, 2026

    London’s legal sector has sounded the alarm over government plans to cut interest on law firms’ client accounts to fund the justice department, warning it could drive some law firms out of business. The Ministry of Justice’s consultation on a proposal to introduce an Interest on Lawyers’ Client Accounts Scheme (ICLA) closed in March after [...]

  • Grant Thornton takes on Big Four giants with new £40K salary for London grads

    September 29, 2026

    Grant Thornton has raised its London graduate starting salary to £40,000 and introduced “milestone bonuses” into the pay structure as part of the firm’s ambition for significant growth. The private equity-backed firm has overhauled its early careers programme, first reported by City AM in April, and will offer ‘market-leading’ starting salaries to London juniors of £40,000 from [...]

  • Claimant law firms seek appeal in Diesel emissions legal battle

    September 28, 2026

    A group of car manufacturing giants may be forced back to the High Court to defend allegations that they installed devices to curb diesel emissions tests. In the case nicknamed ‘Dieselgate’, the High Court handed down a judgment in July ruling in favour of the carmakers, but claimants, over a million motorists, a law firm [...]

  • Consultancy firms told to step up as bosses threaten to cut ties

    September 28, 2026

    Stretched corporates are under pressure and looking to slash costs – and consultancy firms are in the firing line, writes Maria Ward-Brennan. The golden age of post-pandemic consulting is fading, leaving traditional advisory firms with a clear ultimatum: innovate or be replaced. The next generation of executives is pushing to reduce dependence on external consultants. [...]

  • Court fast-tracks Victoria’s Secret PINK brand clash with London shirtmaker

    September 25, 2026

    Lingerie giant Victoria’s Secret has secured a fast-tracked trial in the High Court in London in October to determine whether a London-based shirtmaker breached a legal contract with the lingerie seller over its ‘PINK’ trademark. The case stems from a High Court settlement between the two retail firms in 2015, in which the court ruled [...]

  • Deloitte’s tech consulting division weighs on growth

    September 24, 2026

    Deloitte reported a rise in revenue in its latest financial year even as growth in its technology and transformation division slipped lower, as the consultancy sector comes under pressure from artificial intelligence. The Big Four firm reported global revenue of $74.5bn (£56.37bn) for the 12 months to the end of May, up from $70.5bn the [...]

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