PwC fined £4.5m over audits of Gupta-linked bank Wyelands March 25, 2025 Big Four firm PwC has been fined over £4.5m for its audits of Sanjeev Gupta's Wyelands Bank.
Big Four: The slow death of KPMG, EY, PwC and Deloitte’s legal dream March 25, 2025 Big Four —EY PwC, Deloitte, and KPMG—all have legal arms to compete against the traditional legal sector, but recent cracks show that their vision is not playing out
Even more job cuts are set for EY March 19, 2025 After it was announced that Big Four firm EY was making cuts at the senior level, staff in its legal department were warned about redundancies. Staff in the firm’s legal arm, EY Law, were informed on Wednesday of the planned restructuring of the department. With that announcement, first reported in the Financial Times, came confirmation [...]
As EY plots senior partner layoffs, what is next for the Big Four? March 18, 2025 Redundancy headlines have plagued the Big Four giants over the last two years, but now it has escalated to the senior partners. What is happening?
EY planning senior partner layoffs – reports March 17, 2025 Big four firm EY is set to lay off dozens of senior partners in its most significant redundancy plan in decades amid a slowdown in consultancy spending
PWC cuts partners and apprenticeships amid slow demand March 12, 2025 Consulting giant PWC UK has made record cuts to its partner ranks and paused its tech apprenticeship scheme to protect partner profits in the face of a sharp decline in consulting demand. According to corporate filings, 123 partners left the Big Four firm in 2024, more than double the annual average since 2002. Meanwhile, the [...]
Deloitte names new UK financial services lead March 11, 2025 Deloitte has appointed consulting veteran Suresh Kanwar to head up its financial services division in the UK and join its executive committee. Kanwar previously led the audit and consultancy behemoth’s banking and capital markets team, and his new new role makes him one of the 13 most senior figures in Deloitte’s 27,000-strong army of UK [...]
KPMG to merge dozens of markets in major overhaul March 10, 2025 Big Four audit giant KPMG will merge dozens of its national partnerships in an attempt to accelerate growth and minimise audit scandals. The move to integrate its panoply of businesses, each of which is owned by the respective partners in each jurisdiction, represents one of the most significant shake-ups at a major professional services network [...]
KPMG UK increases partner pay after profit jumps January 29, 2025 KPMG UK recorded a double-digit growth in profit before tax over 2024, a better performance than 2023, however, its revenue only increased by one per cent
KPMG: Regulator probes Big Four firm over audit of Ladbrokes-owner Entain January 20, 2025 The accountancy watchdog has kicked off an investigation into Big Four firm KPMG over its audit of gambling giant Entain