Big Four partner promotions sink to five-year low in UK
Deloitte, EY, KPMG and PwC bosses strive to protect profits amid slowing revenues
Deloitte, EY, KPMG and PwC bosses strive to protect profits amid slowing revenues

Accountancy reports global revenues of $39.8bn, still far lower than those at competitors Deloitte, PwC and EY

Big Four accounting firm has improved profitability in Britain as it recovers from series of scandals

No mid-tier accounting firms won mandates from large listed firms, banks or insurers last year, FRC finds

Dutch arms of Deloitte, PwC and EY pay total of $8.5mn after ‘hundreds’ of staff shared answers on internal tests

Big Four firm and rivals are struggling to regain footing even after reductions in headcount and costs

Cull comes after years of low uptake for voluntary retirement scheme