Accountancy
PwC cuts 1,500 jobs in Middle East
The cost-cutting drive comes after the Big Four accountancy firm’s ban by Saudi Arabia’s sovereign wealth fund
1 min read
PwC UK partner pay edges up as job cuts help boost profit
The Big Four accountancy firm has posted a rise in revenue and profit following ‘considered cost management’
2 min read
Cinven snaps up Grant Thornton Germany
The deal comes after the private equity giant acquired a majority stake in Grant Thornton UK last year
2 min read
Private equity firms in talks with audit watchdog over more takeovers
At least six audit firms have approached the FRC about the possibility of a change in capital structure over the past two years, FN can reveal
3 min read
MHA chief: IPO demonstrates how we have ‘stolen a march’ on private equity
Chief executive of UK accountancy firm says its London listing has prompted others to consider alternatives to private equity ownership
3 min read
MHA hunts for acquisitions as revenue jumps 45%
UK accountancy firm says M&A is part of its growth strategy following its listing on London’s Aim market in April
2 min read
PwC increases office attendance monitoring
The Big Four accounting firm has developed a dashboard system to monitor employees’ office attendance
2 min read
MHA completes €24m acquisition of Baker Tilly’s European unit
The €24m deal marks accounting firm MHA’s first acquisition since its London float in April
2 min read
Consultants cash in on AI boom: ‘Demand has gone up dramatically’
Consultancy bosses are targeting AI and cybersecurity as key growth areas to defy a sector slowdown
4 min read
Forvis Mazars’ UK CEO on why he is ‘not picking up the phone’ to private equity
The UK CEO of the newly formed Forvis Mazars discusses why the firm is committed to the traditional partnership model while rivals are seeking external funding
5 min read
EY cleaning staff begin strike action over proposed job cuts
Cleaning staff have staged the first in a series of strikes outside the consulting giant’s London offices
2 min read
Deloitte and Azets probed over collapsed fintech Stenn
Trade finance firm Stenn went bust in 2024 after a lender identified suspicious transactions
Ex-EY managing partner Andy Baldwin joins IBM Consulting
Baldwin left EY after losing out on the CEO role last year
Citi UK boss Lee, ex-LGIM chief Scrimgeour recognised in king’s birthday honours
Ex-EY UK head Steve Varley and Nationwide Building Society CEO Deborah Crosbie also score awards
Most Read
EY faces protest over cuts to cleaning staff
Consulting giant under fire over pay and resources
2 min read
KPMG fined over Carr’s Group audit
Accounting watchdog slaps Big Four beancounter and partner with sanctions
2 min read
Accountants get their kicks from new football numbers drama
Catch up on this week’s top legal news
2 min read
EY investigated over Post Office audits following Horizon IT scandal
Hundreds of sub-post masters were prosecuted using faulty data in a major miscarriage of justice
2 min read
EY UK hit with second fine in a week over audit failures
Big Four firm fined by regulator over audit rule breaches
1 min read
