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Professional services

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    Consulting giant McKinsey cuts headcount by 10%

    by Jo Faragher 28 May 2025
    by Jo Faragher 28 May 2025

    Global consulting company McKinsey has reduced its workforce by 10%, according to reports.

    • Bonuses
    • Latest News
    • Professional services

    Deloitte scales back salary rises and promotions

    by Adam McCulloch 22 May 2025
    by Adam McCulloch 22 May 2025

    Accounting and consultancy giant Deloitte has told its UK employees that reduced profits mean it will reduce the average salary rise.

    • USA
    • North America
    • Latest News

    Two-thirds of businesses expect profits to fall as tariffs bite

    by Adam McCulloch 4 Apr 2025
    by Adam McCulloch 4 Apr 2025

    Closer alignment with the EU was becoming an urgent priority for many businesses, the IoD poll found.

    • Equality, diversity and inclusion
    • Latest News
    • Discrimination

    Accenture scraps DEI goals globally

    by Adam McCulloch 7 Feb 2025
    by Adam McCulloch 7 Feb 2025

    Accenture has axed its global diversity and inclusion goals after an evaluation of the changing US political landscape.

    • Bonuses
    • Latest News
    • Professional services

    KPMG partners receive record pay

    by Rob Moss 30 Jan 2025
    by Rob Moss 30 Jan 2025

    KPMG UK partners receive record pay averaging £816,000 following an 11% increase in pre-tax profits to £404 million.

    • Latest News
    • Professional services
    • Movers and shakers

    Accenture executive’s disability claim settled out of court

    by Adam McCulloch 29 Oct 2024
    by Adam McCulloch 29 Oct 2024

    A former Accenture executive who filed an employment tribunal claim against the consulting company, has settled his case.

    • Hybrid working
    • Financial services
    • Latest News

    Finance sector bosses want greater return to office

    by Adam McCulloch 24 Oct 2024
    by Adam McCulloch 24 Oct 2024

    Most of the UK’s financial sector bosses say they would like workers to spend more time in the office over the next year.

    • Enhanced pay
    • Carers
    • Infertility

    Deloitte equalises paid parental leave

    by Rob Moss 16 Sep 2024
    by Rob Moss 16 Sep 2024

    Deloitte UK announces it is equalising parental leave, the first of the Big Four accounting firms to do so.

    • Hybrid working
    • Offices
    • Latest News

    Two-thirds of professional service firms stop advertising fully remote roles

    by Kavitha Sivasubramaniam 11 Sep 2024
    by Kavitha Sivasubramaniam 11 Sep 2024

    Two in three (64%) professional service companies have stopped advertising fully remote roles, while nearly one in four (23%) have increased employee office days in the past 12 months.

    • Hybrid working
    • Latest News
    • Professional services

    PwC to track hybrid working arrangements

    by Jo Faragher 6 Sep 2024
    by Jo Faragher 6 Sep 2024

    Accounting and professional services firm PwC has told employees it will begin tracking its working locations to ensure they spend required time on site.

    • Stress
    • Latest News
    • Professional services

    Accountancy faces ‘mental health emergency’

    by Jo Faragher 31 Jul 2024
    by Jo Faragher 31 Jul 2024

    Accounting professionals are facing a ‘mental health emergency’, according to an industry tracker.

    • Hybrid working
    • Latest News
    • Professional services

    PwC cuts back on shorter summer working hours

    by Jo Faragher 12 Jul 2024
    by Jo Faragher 12 Jul 2024

    Consulting firm PwC is cutting back its summer perk of allowing staff to finish at lunchtime on Fridays.
    Ian Elliott,...

    • Latest News
    • Professional services
    • Job creation and losses

    KPMG to cut 200 more jobs

    by Ashleigh Webber 21 Jun 2024
    by Ashleigh Webber 21 Jun 2024

    KPMG is expecting to make further job cuts to its client-facing and back office roles in an attempt to slash costs.

    • Hybrid working
    • Legal sector
    • Latest News

    Law firm includes office attendance in performance reviews

    by Adam McCulloch 31 May 2024
    by Adam McCulloch 31 May 2024

    Refusal to attend the office for at least three days a week will lead to partners at one City law firm with negative performance reviews.

    • Financial services
    • Latest News
    • Professional services

    HSBC and Deloitte pull job offers to foreign graduates

    by Ashleigh Webber 16 May 2024
    by Ashleigh Webber 16 May 2024

    HSBC and Deloitte have pulled job offers to foreign graduates of UK universities after the salary threshold for a skilled worker visa was increased.

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