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PwC UK partner pay edges up as job cuts help boost profit

Professional services firms are under pressure to make the numbers stack up in a tough trading environment

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PwC’s average UK partner pay has edged up amid a year of job cuts and cost control at the Big Four firm.

Partners took home an average of £865,000 for the year ended 30 June 2025, up from £862,000, in a year in which headcount fell by more than 2,000 across its UK, Middle East and Channel Islands businesses.

The Big Four accountancy firm has posted a rise in revenue and profit following ‘considered cost management’

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Kirkland partner Trowbridge leaves for Baker McKenzie

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Baker McKenzie boosts its tax team in London with Kirkland hire

North Rock partner Hampus Lundh relocates to Dubai

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Lundh joined North Rock earlier this year after working at Millennium for almost a decade

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Tech and finance companies, many from the U.S., are filling the swankiest spaces in the ancient commercial quarter known as the City.

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The Citadel CEO wrote in an opinion piece that President Trump’s attack on the Federal Reserve “carries steep costs.”

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Leaders at the world’s most valuable startup have discussed the prospect of moving out of California if regulators complicate OpenAI’s transition to a for-profit company.

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European defense-related IPOs hit at least a ten-year high in 2024, but valuations still trail those of their American peers.

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The bid to create one of the biggest lenders in the eurozone now lies in the hands of Sabadell shareholders.

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SAfWjYqff1l9ZYdRLQ+YAQWOWk3ijfBXtsjK09iGHwztb8Uv5eQtMfTr1osfJUSILEeT1hVD+g9VaHpsnRdEPNTLmJGpUMKSB6ZV3L7YC0r2j4pOuQ+JxhB9P1i/TQ==

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