Big Four

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A collective value of £1.02 billion worth of unused smartphones has accumulated in consumer households in the last three years, according to new research from Deloitte, with consumers upgrading their handsets while leaving older devices in cupboards or drawers. Deloitte’s Digital Consume

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KPMG has promoted six colleagues to partner and 96 other colleagues to new positions in Scotland, demonstrating the firm’s continued development and investment in its people. Grant Archer, Terri Costello, Ann Devine, Susan Dunlop, Slim Gueddana and David McKay, all became partners of the profe

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EY has announced combined global revenues of $45.4 billion (£40bn) for the financial year ending June 2022. With an increase of 16.4% in local currency (13.7% in US dollars), this marks one of the most successful years in the history of the organisation with the highest growth seen in nearly t

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Scotland is set to benefit from an influx of new accounting jobs after Deloitte declared its plans to create at least 1,000 new jobs outside of London over the next five years. The big four firm joins a trend of expanding financial hubs outside the capital and, in addition to Scotland, plans to add

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Deloitte has reported a record revenue of $59.3 billion (£51bn) in its annual results, for the year ending 31 May 2022, an increase of 19.6%. An estimated $16bn (£13.8bn) was attributed to services sold as part of deals with big tech groups.

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Deloitte has put forward a plan to increase the income of Scottish Professional Football League's (SPFL) clubs from £28.4 million to £50 million by 2029. The plan to almost double the SPFL's distributable income comes after Deloitte's Sports Business Group was commissioned by the member

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PwC has announced that it is removing the 2:1 degree classification requirement for all its undergraduate and graduate roles, internships and placements. The big four firm's decision is designed to increase the socio-economic diversity of the firm and support its efforts to improve social mobility b

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Private equity investment in Scotland’s mid-market businesses has surpassed pre-pandemic levels after £2 billion was spent in the first six months of 2022, according to the latest analysis by KPMG UK. 35 private equity deals worth £2.1bn were recorded in the six months to June - th

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The Financial Reporting Council (FRC) has fined PwC £2.5 million and handed out a £60,000 fine to audit partner Richard Hughes. The verdict comes after an investigation revealed failings in PwC's 2017 audit of BT Group Plc after the discovery of £512m fraud.

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Consumer confidence has fallen for the forth consecutive quarter, reveals Deloitte. The rising cost of living has forced UK consumer confidence to a record low of -19% in Q2 2022, according to Deloitte’s latest Consumer Tracker, as rising inflation and subsequent price increases tighten the sq

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KPMG has been fined £20 million by the Financial Reporting Council (FRC) for its audits of Carillion and Regenersis. The £20m fine, which is the largest the big four firm has received in the UK, is part of sanctions for misconduct of audits carried out by KPMG for Carrilion and Regenersi

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