Employers yearn for growth as jobs market stages ‘fragile recovery’ Economics The UK jobs market is beginning to “flicker back to life,” a new report has said, after permanent and temporary placings inched up in the last month. The latest jobs report from KPMG and recruiter REC showed permanent hiring grew for the second consecutive month to a four-year high of 50.9. Meanwhile, temporary billings also [...]
PwC expects junior hiring to ‘push back up’ across professional services despite AI fears Big Four The chief executive of PwC UK said he expects the hiring of young people across the professional services sector to “push back up”, challenging the notion that AI is replacing junior work and slowing entry-level recruitment. Marco Amitrano, the Big Four giant’s UK chief executive and senior partner of PwC UK and the firm’s Middle [...]
As it happened: FTSE 100 slide as oil price jumps; Global bond yields higher FTSE 100 Live Welcome back to City AM‘s FTSE 100 liveblog. Global markets are swimming in the red as the price of oil trends higher following tensions in the Middle East offsetting a rise in supply. Brent crude – the international benchmark for oil prices – tipped over $101 per barrel on Wednesday following intensified attacks on tankers in the [...]
KPMG Australia seeks $100m bailout from parent group after scandal October 6, 2026 KPMG Australia is reportedly considering asking for $100m (£52.6m) in emergency loans from the Big Four firm’s global network after a scandal rocked the firm’s reputation and business down under. The Australian firm’s newly appointed chief executive, John Sams, has considered asking KPMG International to loan the arm up to $100m or waive its fee [...]
Milliman launches new business advisory services in the UK with hire of two managing directors October 6, 2026 New practice brings transformation, strategic consulting, and AI expertise to organizations across insurance, investments and retirement
The sugar rush is over: The Big Four must wake up from their pandemic dream September 30, 2026 The pandemic was the worst thing that could have happened to the Big Four giants and the overall consultancy market. At the time, these firms were flying high, flooded with inquiries from businesses needing help to navigate the ‘once-in-a-lifetime ‘ event, but this ‘sugar rush’ didn’t last forever, and it gave the industry a false [...]
Grant Thornton takes on Big Four giants with new £40K salary for London grads September 29, 2026 Grant Thornton has raised its London graduate starting salary to £40,000 and introduced “milestone bonuses” into the pay structure as part of the firm’s ambition for significant growth. The private equity-backed firm has overhauled its early careers programme, first reported by City AM in April, and will offer ‘market-leading’ starting salaries to London juniors of £40,000 from [...]
Evelyn Partners Padel Cup 2026: Smash hit City tournament set to return September 24, 2026 The Evelyn Partners Padel Cup is back next month, when top City of London firms will vie for the title on a day of coaching clinics, camaraderie and competition. City firms are no stranger to friendly competition, although usually it involves trading floors, pitch decks and spreadsheets. Next month they will be doing battle in [...]
The Cost of insecurity September 23, 2026 Earlier this year, we asked the clients of consultants – from manufacturers to financial services, from local to central government – what mattered most to them. Alongside cost concerns, one big priority stood out: cyber threats and data protection. It is no wonder. Cyber offences now account for almost half of recorded crimes, while clients [...]
How AI is forcing the Big Four to rethink graduate training September 23, 2026 The Big Four giants – KPMG, Deloitte, EY, and PwC – have for decades played an important role in shaping the next generation of City workers. As one of the largest graduate trainers in the UK, their approach to restructuring graduate programmes in the age of AI will be crucial to the future of financial [...]