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PwC partner pay breaks £1m mark but boss warns of future dip

Ramping up pay for staff means professional services giant may have less to go round next year

'We’ve invested heavily to put us in the best position to deal with these challenges'
'We’ve invested heavily to put us in the best position to deal with these challenges' Photo: Jack Taylor/Getty Images

PwC partners' average pay has topped £1m for the first time, but the firm's boss says pressure on its cost base means payouts are likely to dip in future.

UK and Middle East revenues for the year to June grew 12% to top £5bn, according to results published 18 August,

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