PwC UK profits edge up as headcount reductions take effect September 17, 2025 Big Four giant PwC UK has shown steady financial recovery, with revenue, profits, and profit per partner all increasing slightly compared to the previous year, largely due to the implementation of headcount cuts. For the year ended 30 June 2025, PwC UK generated £6.35bn in revenue, up 0.4 per cent on the previous year. Its [...]
HMRC’s new tax adviser legislation puts ‘undue burden’ on professionals September 16, 2025 From next April, tax advisers will be required to register with HMRC and meet certain minimum standards, as a top legal body has warned that this “risks undue burden on professionals.” Following a consultation carried out in 2024, HMRC published its policy paper and draft legislation in July, which outlined a new legal requirement for [...]
From law to tech: Who’s championing equal parental leave in the UK? September 16, 2025 New research has revealed the inaugural list of 165 UK employers that offer equal parental leave, including more than 20 professional services firms. The full findings, which will be formally launched at the UK’s first Working Dads’ Summit, revealed that 72 of the 165 companies offer dads up to six months of fully paid paternity [...]
McKinsey isn’t dead, but the glamour of being a professional is September 10, 2025 The reports of McKinsey’s death are greatly exaggerated, despite what The Economist might say. What’s dying is the professional mythos, writes Lewis Liu.
Small-tier accountancy firms facing worst talent crisis in years September 2, 2025 Small to mid-tier accountancy firms are facing “serious” barriers to growth due to staffing shortages, according to a damning new report into the sector. According to figures from outsourcing specialists Advancetrack, 94 per cent of firms say recruitment issues are now holding back growth, forcing them to outsource work overseas. These figures represent an increase [...]
AI disruption rocks professional services jobs market fuelling anxiety among Gen-Z July 29, 2025 The UK jobs market is facing significant turmoil, with rising unemployment figures and layoffs, a trend seen in the professional services sector
Private equity boom: Nearly 9 in 10 accountancy firms approached last year July 21, 2025 The interest in UK accountancy firms from private equity houses is at an all-time high, as exclusive data revealed the appetite for 'a major injection of funds' is on both sides
Financial and professional services sector ‘bedrock’ to UK economic growth July 3, 2025 The UK-based financial and professional services industry has continued to be "a bedrock of national economic strength", with nearly 2.5m people employed
What Invest 2035 will mean for UK professional services June 9, 2025 When the UK government announces its Invest 2035 on Wednesday, law and professional services will be a key component of its 10-year growth plan
David Lammy: ‘Technology is the frontline of geopolitics’ as Foreign Office teams up with Big Four giants June 5, 2025 “It is essential" that firms such as the Big Four and UK government "work together", Foreign Secretary tells Morning Wire as his focus shifts to AI.