EY hands UK tax staff lower bonuses and pay rises amid slowdown September 1, 2024 EY has reportedly cut bonuses and pay rises for thousands of its UK staff while also letting a number of partners go as the Big Four firm grapples with weaker demand for its services.
Frenkel Topping warns of lower earnings in second half August 29, 2024 Frenkel Topping, the specialist professional services firm, has reported a rise in revenue in the first half of the year but warned that earnings are trading behind management’s expectations. In the six months ended 30 June 2024, Frenkel Topping posted £17.9m in revenue, a 12 per cent increase on the previous year’s £16m. Its gross profit also jumped five [...]
KPMG wins £223m UK government contract despite drive to cut spend on consultants August 26, 2024 The UK government has awarded KPMG a contract worth up to £223m to train civil servants despite promising to slash the amount the state spends on external consultants.
Legal sector growth overtakes wider professional services market August 20, 2024 The UK legal sector has grown more than 13 per cent over the last year, surpassing the wider professional services market
Britain’s EU summit is Starmer’s chance to prove he champions the City July 18, 2024 Britain's EU summit is a welcome step, but the City and its industries must be at the forefront, writes Michael Cole-Fontayn.
Gateley’s nine year streak of revenue growth continues despite dented profits July 16, 2024 Legal and professional services group Gateley has extended of its unbroken run of revenue growth since IPO in 2015, but saw a small slide in profit after reinstating its employee bonus.
Former City boss: Britain must stop churning out graduate consultants June 3, 2024 University graduates have been let down by successive neglect by the UK government on the manufacturing sector, says former Royal Dutch Shell chief Peter Voser
Mazars partners with Forvis to create £4bn global network as City hosts head office June 3, 2024 Professional services firms Mazars and Forvis have come together to launched a £3.9bn ($4.7bn) global network
KPMG: UK and Swiss partners vote ‘overwhelmingly’ for £3.5bn merger May 24, 2024 Big Four KPMG UK and Swiss partners have voted "overwhelmingly" in favour of merging to become a $4.4bn business
Accountancy sector experiences skills shortage as the industry faces turbulent times May 22, 2024 The accountancy sector is facing a skills crisis as firms reveal talent has plummeted, with leaders blaming competition from other industries