KPMG to cut almost 600 UK jobs as slowdown persists
Big Four firm and rivals are struggling to regain footing even after reductions in headcount and costs
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

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

Big Four firm says move reflects better management of workloads

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

Pentagon consolidates work in push to modernise its accounts following years of failed inspections

Deloitte, EY, KPMG and PwC bosses strive to protect profits amid slowing revenues