Howden set to acquire consultancy Barnett Waddingham March 25, 2025 Insurance giant Howden has agreed to acquire professional services consultancy Barnett Waddingham
Stressed staff cost UK professional services firms more than £4m a year March 19, 2025 Nearly half of the professional service workforce is stressed, causing significant financial impacts on businesses
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 [...]
EY to relocate 1,200 employees to new city office February 3, 2025 Professional services giant EY has revealed plans to relocate 1,200 employees in Birmingham to a new office. The move, scheduled for 2026, will see staff switch from One Colmore Square to Three Chamberlain Square, which is part of the Paradise Birmingham development. EY has been based at its office at One Colmore Square for the [...]
Baker Tilly’s legal services drive growth in 2024 January 30, 2025 Consultancy giant Baker Tilly International revenue increased by nine per cent globally, as its legal service arm was the largest contributor to the growth
Grant Thornton UK partners green light private equity deal with Cinven December 16, 2024 Accountancy giant Grant Thornton UK partners have "unanimously voted in favour" of investment from private equity firm Cinven
The £277bn golden ticket: Why private equity is so interested in professional services December 8, 2024 Private equity interest in the professional services has skyrocketed especially for those with accountancy arms, with major deals being announced nearly every week
MHA: Baker Tilly UK arm posts 32 per cent revenue jump December 2, 2024 MHA, the UK and Irish arm of Baker Tilly International, has reported a 32 per cent jump in half-year revenue, led by its audit and tax divisions.
Sovereign Capital plans professional services mega-merger December 1, 2024 Sovereign Capital is set to merge seven of its regional professional services firm into one, according to reports. The private equity firm is planning to combine the regional accountants under the name Affinia, The Sunday Times revealed. Affinia is expected to make around £35m a year in sales cumulatively, and is aiming to double its [...]
EY to cut 150 UK consultants as division head steps down December 1, 2024 Big Four accountancy firm EY is set to cut 150 roles in its UK consultancy division and replace one of its most senior executives amid a slowdown in demand. Cuts in the 4,700-strong unit are expected to impact managers, senior managers and directors, it is understood, which are the highest-paid roles below partner level. Meanwhile, [...]