Big Four

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KPMG is reducing the pay ranges for new and promoted staff in its UK offices near London, aligning salaries in commuter belt towns such as Reading and Watford with regional centres like Birmingham and Manchester. The shake-up means individuals joining or achieving promotion in these locations may be

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Big Four accountancy firm PwC has said it expects to achieve full end-to-end integration of artificial intelligence (AI) across its audit work within the next year. Speaking at a briefing at its New York office, Shawn Panson, PwC’s US assurance transformation leader, said the firm is on track

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PwC has reduced its global workforce and abandoned an ambitious five-year hiring target as it contends with slowing revenue growth, the impact of internal scandals, and the rise of artificial intelligence. The Big Four accounting firm cut its global staff by 5,600 in the year to 30 June, bringing it

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Deloitte will partially refund the Australian government after admitting a report it produced contained multiple errors generated by artificial intelligence. The Big Four firm is set to repay the final instalment of its A$439,000 (c. £215,000) contract for an "independent assurance review" of

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Deloitte's UK business has reported its first annual revenue decline in 15 years, driven by a slump in its consulting arm. Despite the drop in income, average partner payouts rose to over £1 million as the Big Four firm implemented significant cost-cutting measures.

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Deloitte in Scotland has welcomed 75 people to its graduate, BrightStart apprenticeship and industrial placement programmes this month. It comes as the firm’s award-winning graduate programme ranked fourth in the Times Top 100 Graduate Employer list for the fifth year running. 

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PwC UK has reported a sharp halt in its revenue growth for the year ending June 2025, a stark contrast to the buoyant expansion of the previous three years. The Big Four firm’s revenue, which includes its Middle East operations, grew by just 0.4% to £6.35 billion, compared to growth rate

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Hywel Ball, the former UK head of EY, has warned that the Big Four professional services firms face significant challenges in adopting artificial intelligence due to their sheer size. Announcing his new board roles at two AI-focused boutiques, Mr Ball argued that smaller, more nimble start-ups have

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The Financial Reporting Council (FRC) has opened an investigation into accounting giant Deloitte over eight years of its audits for the FTSE 100 mining firm Glencore, following a major bribery conviction against the commodity trader. The FRC confirmed it is examining Deloitte's audits of Glencore an

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