Why consulting giants aren’t quaking at Anthropic’s new AI venture Consulting Consulting firms have long focused on advising clients on adopting new tech, but now the biggest AI giant seems to be keen to adopt advisory skills, as the consultancy sector continues to pivot, writes Maria Ward-Brennan Last week it was revealed that Anthropic, the company behind some of the world’s most advanced AI models, plans [...]
EY partner pay jumps to £870k despite consulting slump Big Four Big Four giant EY posted a two per cent rise in UK fee income over the past year and hiked payouts for its partners, even as its consulting arm came under pressure from what it said was a “challenging market”. For the financial year ending 3 July 2026, the firm reported UK fee income of [...]
Deloitte hikes pay for top boss while headcount shrinks Big Four Big Four giant Deloitte hiked pay for one of its chief executives last year by almost half while overall headcount at the firm fell, in part tied to targeted job cuts. According to the firm’s latest accounts, Deloitte’s chief executive of EMEA, Richard Houston, saw his pay increase to £7.1m, almost fifty per cent more [...]
Deloitte to create new jobs with launch of regional deals unit October 22, 2026 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 [...]
Mercedes pips Coutts, KPMG, Deloitte and Howden at Evelyn Partners Padel Cup October 19, 2026 | Sponsored Sports stars, professional padel players and some of the City’s keenest racket-swingers descended on Canary Wharf last week for the second Evelyn Partners Padel Cup. More than 150 people filled out high-end club Padium for an afternoon of friendly yet fierce competition between Square Mile firms followed by an evening programme featuring coaching clinics, an [...]
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, [...]
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, [...]