Public sector spending on consultants hits record high despite efforts to cut Big Four Public sector spending on management consultants has ballooned to a near-record high this year despite efforts to cut reliance on the expensive sector. Fees to consultants from central government, local authorities and other departments swelled to an estimated £3.4bn in the last fiscal year between 2023 and 2024, a rise of 12 per cent on [...]
PwC China to be hit with ban over audit of collapsed property developer Evergrande Property PwC's Chinese entity is expected to be hit with a six-month business ban over its audit of collapsed Chinese real estate property developer Evergrande
UK economy ‘turning a corner’ as global growth slows, says KPMG UK Economy Falling inflation and and an uptick in consumer confidence will help the UK economy to a better than expected growth over the next two years as global growth is set to slow, according to a report published today.
KPMG to cut 200 UK jobs as firm battles market slowdown June 21, 2024 Big Four firm KPMG is reportedly set to slash more roles in the UK as it battles with a market slowdown.
BT taps Blackstone boss to lead communications team May 2, 2024 British telecoms firm BT has tapped top Blackstone executive Stephen Lewis to join its executive management team and lead all communications.
Partners at EY to expect a drop in their pay packet April 19, 2024 One of the Big Four firms has been warned that profits could fall by 15 per cent this year due to the slowdown in the market.