Big Four

KPMG UK's partnership ranks have dwindled to less than half the size of its rival PwC's, with a 7% decrease in equity partners over the past year.

The contest to select EY's next global leader has been marred by internal disputes regarding the consideration of age in the appointment process.

PwC has become the the latest of the Big Four firms to plan a reduction to its UK workforce. PwC has refrained from specifying the number of employees targeted by the initiative, confirming only that it would extend voluntary severance packages. However, it is expected that up to 600 positions could

PwC's global firms have reported a record revenue of $53.1 billion (around £43.5bn) in the financial year ending 30 June 2023, marking a 9.9% growth in local currency. This achievement comes despite the exclusion of the Russian firm from the network and the sale of the global mobility and immi

Amid a challenging economic backdrop and a slump in the deals market, KPMG has announced it is instituting new austerity measures within its UK operations. The firm is set to slash around 110 positions in its deal advisory department, constituting approximately 7% of the sector's nearly 1,700 person

Despite seeing a slowdown in takeovers, Deloitte UK, has reported a robust 14% growth in annual revenues, disclosing a turnover of £5.6 billion for the year to 31 May, up from £4.9bn in 2022. This surge in revenues, primarily driven by strong markets in the initial half of the year, led

Following Deloitte's recent announcement to cut approximately 800 jobs, concerns have intensified about the sector's prospects.

Glasgow-based Fraser Wilson has been appointed as the new regional leader for financial services at PwC UK. Mr Wilson Fraser, who already leads on financial services for PwC Scotland, takes on the new leadership role, overseeing activity with financial services clients across the UK regions outside

Big four firm Deloitte has announced that it is preparing to cut around 800 jobs across its UK division, representing approximately 3% of its 27,000-strong workforce in the country. 

PwC Scotland has reported a 12.5% increase in graduate recruits this year, with a total of 90 students joining the firm's offices in Glasgow, Edinburgh, and Aberdeen. Of the new recruits, the majority (43) will join the Edinburgh office, with 37 based in Glasgow and 10 in Aberdeen - with 77% of the

PwC UK has posted its financial performance for the last fiscal year, showing a rise in consolidated revenue by 16% to £5.8 billion. In line with their commitment to emerging technology, the company has decided to invest an additional £100 million in state-of-the-art technologies like AI

Big four firm EY has informed its UK staff of imminent reduced pay rises and smaller bonuses for this year, amidst slowing demand for consulting services.

Deloitte Scotland has elevated Paul Hazelton to audit partner alongside 15 of his colleagues who were promoted to director roles across five business practices. Mr Hazelton, a qualified accountant, first joined Deloitte’s audit team in 2005 after graduating from Strathclyde University with a d

KPMG UK has provided greater support to its graduate training programme, driven by the necessity to overcome the detrimental impacts of COVID-19 lockdowns on the professional development of its Gen Z recruits.

The Financial Reporting Council (FRC) has imposed fines totalling £5.01 million on PwC and KPMG for audit failings in relation to Eddie Stobart Logistics (ESL), a logistics company listed on the Alternative Investment Market.