Big Four

KPMG UK partners score 9% pay increase

The firm cut hundreds of jobs last year as demand for advisory slowed

2 min read

Mary O'Connor became the first woman to lead a Big Four firm in the UK in 2021

Ex-KPMG chief executive on why auditors are getting it so wrong

Mary O’Connor 'cold-called' David Howden, founder and CEO of the eponymous City insurance broker, in search of a new role after she resigned from KPMG

4 min read

KPMG has fought back against allegations its negligence led to massive losses for Carillion’s creditors

KPMG blames Carillion directors in fight against £1.3bn negligence claim

Big Four firm has defended its actions in a major Carillion negligence claim

3 min read

Last month, PwC handed out a 9% pay rise to around half of its UK staff

PwC UK partners set for £1m payday

Partner profit has jumped after a strong year

2 min read

Tony Alvarez III said the competitive threat that firms like Alvarez pose to the Big Four is one factor driving their potential breakup

Alvarez & Marsal’s Europe boss ready ‘to take advantage’ of the Big Four’s challenges amid EY split talks

Alvarez says his firm wants to take ‘high margin, high rates’ business away from the Big Four — pointing to areas such as restructuring, transactional services and private equity

6 min read

The last two months have seen senior staff across top audit companies receive significant sanctions from the FRC

Audit regulator puts questions to firms on bullying, sexual harassment

Freedom of Information request shows watchdog scrutinising misconduct among senior auditors

3 min read

PWC London offices

PwC UK promotes 63 to partner — here are the names

Big Four firm boosts deals practice in booming M&A market

2 min read

Sir Jon Thompson

FRC not ‘strong enough’ to prevent corporate failure, CEO says

Sir Jon Thompson also said he was 'surprised' by how few of Kingman's recommendations had been put in place when he started as CEO

2 min read

UK audit reforms are necessary but may be costly

Audit reforms curb risk of more failures – at a price

Some of the proposed corporate governance changes prompted a furious backlash from business leaders and MPs, rightly giving the government pause, writes David Wighton

4 min read