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.