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Partner profits jump 27% at PwC as firm sells off units to reduce conflicts

Latest partner profit share surpassed pre-Covid 2019 figure of £765k per partner

PwC's group profit also soared amid the pandemic to 1.1bn, a 25% leap on the previous year
PwC's group profit also soared amid the pandemic to 1.1bn, a 25% leap on the previous year Photo: Anton Vaganov/Getty Images

PwC UK has seen average partner profit jump to £868,000, a 27% increase from 2020, as the firm sold off business lines that posed conflicts of interest with its work for audit clients.

The sale of a fintech software platform eBAM (later rebranded to LikeZero) and the sale of a treasury investment consulting team to Broadstone, as well as other smaller sales, bumped PwC’s partner profits up by £50,000 from an underlying figure of £818,000.

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