‘The world of Cat TV is more cut throat than you would ever imagine’ – inside the strange business of TV… for cats
Accenture shares surge as consulting giant shrugs off worst of AI fears Prof Services 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 [...]
Deloitte UK advisory arm rebounds to growth as new boss insists AI ‘can’t replace lived experience’ Big Four 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 [...]
Grant Thornton takes on Big Four giants with new £40K salary for London grads Prof Services 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 [...]
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 [...]
Consulting giant Accenture to pay £18.5m to settle probe into hiring practices September 15, 2026 New York-listed consultancy giant Accenture has agreed to pay the US government $25m (£18.5m) to settle allegations over its diversity practices. The Department of Justice (DOJ) alleged that Accenture violated federal anti-discrimination requirements while certifying compliance to secure federal contracts. The US government claims that the Dublin-headquartered firm allocated costs related to these hiring and [...]
Why Labour can’t kick Whitehall’s consultancy habit September 9, 2026 Since coming to power, Labour has been vocal about cutting spending on external consultants to save taxpayers money. However, data suggests it has actually moved in the opposite direction, as the private sector shows it is a necessity and not a luxury, writes Maria Ward-Brennan. The pledge to cut back on external consultants was first [...]
Ditch the ‘usual suspects’: Gov.uk founder urges Labour to look beyond Big Four consultants September 2, 2026 Labour has loudly pledged to slash taxpayer spending on external consultants. However, the founder of a City-based digital consultancy firm told City AM that the government still relies on private firms to plug operational gaps because the civil service previously “got rid of the wrong skills”. Ben Terrett, chief executive and founder of Public Digital, said the [...]
The common sense deficit hitting the City’s professional services firms September 2, 2026 The rise of AI has put serious pressure on professional services firms to figure out hiring and training strategies as an industry built to sell knowledge faces a knowledge gap as a new era enters the workforce with skills very different from the cohort ahead of them, writes Maria Ward-Brennan. Much of the conversation about [...]
Former Interpath Advisory chair takes helm at sustainability consultancy after chief executive exit September 1, 2026 Interpath Advisory’s former chair will lead the City-headquartered, sustainability-focused consultancy Anthesis Group as its new chair, as its chief executive steps down. Tamara Box, previously City law firm Reed Smith‘s managing partner for Europe and the Middle East, is set to take on the new chair of Anthesis Group’s board of directors this week after [...]
Affluent Big Four partners lack ‘fire in the belly’ to disrupt consulting market August 27, 2026 The trend of Big Four partners leaving to launch boutique consultancies has accelerated in recent years. But Q5 co-founder has told City AM that many will struggle to build true challenger brands without an “all or nothing” approach. Five founders, including managing partner Olly Purnell, launched boutique consultancy firm Q5 at the height of the global financial [...]