Anthropic partners with British private equity firm to launch consultancy arm Prof Services Anthropic is launching a new AI consultancy business in Europe after partnering with London-based private equity firm Hg, according to reports. The company behind some of the world’s most advanced AI models is expected to launch its consultancy firm by the end of the year, the Financial Times reported, set to be based in London [...]
Deloitte to create new jobs with launch of regional deals unit Big Four Deloitte is set to create up to 100 new jobs across the North of England with the launch of a specialised regional deals unit, in the latest sign that firms are eager to capitalise on the Prime Minister’s national growth agenda. The Big Four firm said on Thursday it plans to create up to 100 [...]
PwC revenue tops $60bn despite sluggish figures in Europe and Middle East Big Four Big Four giant PwC’s global revenue topped $60bn (£45bn) for the year, with growth across all regions and service lines, despite sluggish results in the Middle East and Europe due to geopolitical fallout. On Monday, the consulting and accounting giant reported a 3.5 per cent increase in global revenue for the year to June 30, [...]
Robert Jenrick hits out at Deloitte and KPMG over job cuts October 15, 2026 Reform UK’s Robert Jenrick has criticised Big Four giants Deloitte and KPMG for laying off British staff, alleging they did so while “importing thousands of migrant workers”. In his latest video post, standing outside Deloitte’s London HQ, the MP said Deloitte “laid off 800 UK staff” but that “over the last five years, they have [...]
Big Four scoop £1.5bn in government contracts despite Labour’s pledge to cut spend October 15, 2026 The Big Four have collectively secured over £1.5bn in public contracts so far this year despite the UK government’s pledge to cut spending on external consultants to save taxpayers’ money. An investigation by market intelligence platform Tussell found the government has awarded KPMG, Deloitte, EY and PwC over £1.5bn in contracts so far in 2026, [...]
British firms reshape workforce for AI amid staff resistance to office return October 15, 2026 Top bosses at British businesses have said lingering resistance to returning to the office remains a challenge, as City firms focus on redesigning roles to support human-AI collaboration. According to KPMG’s 2026 global CEO outlook, investment in AI remains a top priority for global business leaders, as most British bosses (87 per cent) expect to [...]
Big Four giant Deloitte accused of faking paperwork to hide Roman Abramovich wealth October 12, 2026 The Cyprus branch of Big Four giant Deloitte and its spin-off are alleged to have falsified corporate paperwork to protect former Chelsea FC owner Roman Abramovich’s assets before the UK government sanctioned him. According to a joint investigation by the Bureau of Investigative Journalism (TBIJ) and BBC Panorama, it is alleged that accounts signed off [...]
EY global revenue hits $57bn as AI demand fuels Big Four giant’s growth October 8, 2026 Big Four giant EY’s global revenue has hit $57bn (£43bn), up nearly 5 per cent on the previous financial year. EY-Parthenon’s strategy arm led the firm’s overall growth across all services lines, with a 7 per cent increase. Tax grew by 6 per cent, consulting by over 4 per cent, and assurance by 3 per [...]
Deloitte hit with £11m fine after missing £30m taxpayer fraud at UK transport giant October 8, 2026 Big Four giant Deloitte has been fined £11m for failing to raise concerns about fraud in its statutory audits of the transport business, the Go-Ahead Group (GAG), which operates multiple train services across the UK. The Financial Reporting Council (FRC) said on Thursday the fine, which was discounted to £6.05m for early admission and co-operation, [...]
Goldman-linked EY breach highlights new era of undetectable data theft October 7, 2026 Sensitive corporate data can be stolen through everyday workplace software without setting off traditional cyber defences, Darktrace has warned, after a breach at the Big Four giant exposed information linked to Goldman Sachs and Man Group. Nathaniel Jones, senior vice president of global threat intelligence at Darktrace, told City AM attackers were increasingly able to [...]