Government hits £550m target in consultancy cuts October 30, 2024 The government is set to continue to bear down on consultancy spending as it expects to hit its £550m savings target on the external advice
A mixed bag for EY UK: Revenue growth meets flat fee income and declining profits October 25, 2024 EY UK net revenues grew by single-digit percentage over 2024, while fee income remained flat, due to a reduction in large cross border transactions
Deloitte cuts 250 underperforming staff in UK October 23, 2024 Big Four firm Deloitte has cut 250 members of staff in the UK, as the firm embarks on yet another round of redundancies amidst profits stalling
EY reports single-digit growth as workforce figure drops October 17, 2024 EY's revealed its global results showing single-digit growth for the Big Four firm, against the backdrop of smaller headcount
EY pushes back graduate start dates as deals market slows October 13, 2024 Accounting giant EY has postponed the start dates for around 200 graduate hires as it grapples with a slowdown in business activity. New recruits set to begin their roles at the company’s strategy arm, EY-Parthenon, in the US next month or in January will now not be needed until mid-2024. To support affected recruits, EY [...]
EY appoints veteran Anna Anthony as new UK boss October 1, 2024 Big Four firm EY has appointed Anna Anthony as its next UK and Ireland regional managing partner, replacing Hywel Ball
Smaller firms eye chunk of Big Four’s audit work with uptick in clients September 30, 2024 Non-Big Four firms have experienced an uptick on audit work across FTSE 250 and all main market clients, as competition with the audit giants continues
Deloitte UK: Profit stalls as partners pocket £1m September 30, 2024 Revenue at Deloitte UK increased slightly by over two per cent but against the backdrop of its profits stalling following a challenging market
PwC UK profit falls as partner pay drops to £862,000 against backdrop of AI push September 25, 2024 PwC UK has reported single-digit growth in revenue but on the backdrop of the groups profits and partner pay dropping, again
Big Four under pressure as government looks to slash £5.4bn consultant bill September 19, 2024 The UK government should review opportunities for further insourcing in management consultancy, a top think tank has urged, putting more pressure on the Big Four firms as Labour seeks to cut spending.