Consultancy sector activity predicted to have single-digit growth over 2024 January 22, 2024 Activity in the consultancy sector is set to have single-digit growth this year, according to figures by the Management Consultancies Association (MCA). The latest survey conducted by the MCA reveals that activity in the sector grew by 11 per cent in 2023. The survey expects it to drop to 9 per cent this year but [...]
Government slashes spending on Big Four heaping extra pressure on firms December 10, 2023 The civil service has slashed the amount it spends on contracts with the Big Four by 26 per cent, new figures show.
Management consultants boosted by firms flocking to AI as revenues surpass £18bn July 3, 2023 Companies scrambling to unlock benefits from implementing artificial intelligence (AI) and digital tools into their business to steal a march on competitors has boosted UK management consultants’ income, a new report has found. Growing demand among firms for external experts lifted the UK management consultancy sector’s income to £18.6bn last year, up from £14.4bn in [...]
What To Do If You’re Worried AI Will Take Your Job May 9, 2023 Are you worried you’ll be replaced (professionally at least) by a robot in the near future? If so, you’re not alone. Thanks to the advent of OpenAI’s ChatGPT, chatbots and their capabilities to not only mimic human behaviour and thought processes, but in some instances, surpass them, have been swiftly propelled into sharp focus. At [...]
100,000 civil servants to walk out on Budget Day, union says February 7, 2023 Around 100,000 civil servants are set to strike on Budget Day, their union has announced, amid a campaign of walkouts over pay disputes. The Public and Commercial Services Union (PCS) said it was escalating action after a “lack of movement” from the government over its concerns over pay, pensions and job security. Walkouts will take [...]
UK consulting firms no longer filled with Russell Group uni grads, new research shows January 23, 2023 British consulting firms are no longer dominated by Russell Group university graduates, according to new research from the Management Consultancies Association (MCA). Instead, the proportion of graduates from Russell Group universities – a group of 24 of the UK’s “leading” research universities, including Oxford and Cambridge – working in consultancies has more than halved [...]
UK consulting sector grows 18 per cent as firms deal with post-Covid fallout July 10, 2022 The UK’s consulting sector grew by 18 per cent in 2021 and is forecast to experience further strong growth this year, the Management Consultancies Association (MCA) has said. According to the group’s latest Annual Industry Report, many businesses kick-started new projects last year which had previously been delayed while others focused on digital transformation and [...]
Accountancy firms ask for exemptions from ban on providing services to Russia May 24, 2022 Accountancy firms have asked the UK government to offer exemptions to professional services firms from rules blocking them from working with Russian clients. The calls come after the government this month set out plans to block British accountants, business consultants, and PR managers from providing their services to Russians, in response to the country’s invasion [...]
Chartered Management Consultancy Award (ChMC) helps retain and attract the most talented management consultants May 9, 2022 Demand for management consultancy services continues to grow at historic levels. Last year’s growth rate for the sector of 16 per cent is forecast to be followed by a 13 per cent expansion this year as clients continue to turn to consultants during a critical period to drive growth, digital transformation and help them to [...]
Government bans services exports to Russia – but UK lawyers excluded May 4, 2022 Ministers have announced a ban on services exports to Russia, including management consulting, accounting and public relations but excluding legal professions. In the latest tranche of sanctions from foreign secretary Liz Truss, Russian businesses will no longer be able to do businesses with UK professional services firms. Many businesses have already cut connections with the [...]