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professional services

  • EY to relocate 1,200 employees to new city office

    February 3, 2025

    Professional services giant EY has revealed plans to relocate 1,200 employees in Birmingham to a new office. The move, scheduled for 2026, will see staff switch from One Colmore Square to Three Chamberlain Square, which is part of the Paradise Birmingham development.  EY has been based at its office at One Colmore Square for the [...]

  • Baker Tilly’s legal services drive growth in 2024

    January 30, 2025

    Consultancy giant Baker Tilly International revenue increased by nine per cent globally, as its legal service arm was the largest contributor to the growth

  • Grant Thornton UK partners green light private equity deal with Cinven

    December 16, 2024

    Accountancy giant Grant Thornton UK partners have "unanimously voted in favour" of investment from private equity firm Cinven

  • The £277bn golden ticket: Why private equity is so interested in professional services

    December 8, 2024

    Private equity interest in the professional services has skyrocketed especially for those with accountancy arms, with major deals being announced nearly every week

  • MHA: Baker Tilly UK arm posts 32 per cent revenue jump

    December 2, 2024

    MHA, the UK and Irish arm of Baker Tilly International, has reported a 32 per cent jump in half-year revenue, led by its audit and tax divisions.

  • Sovereign Capital plans professional services mega-merger

    December 1, 2024

    Sovereign Capital is set to merge seven of its regional professional services firm into one, according to reports. The private equity firm is planning to combine the regional accountants under the name Affinia, The Sunday Times revealed. Affinia is expected to make around £35m a year in sales cumulatively, and is aiming to double its [...]

  • EY to cut 150 UK consultants as division head steps down

    December 1, 2024

    Big Four accountancy firm EY is set to cut 150 roles in its UK consultancy division and replace one of its most senior executives amid a slowdown in demand. Cuts in the 4,700-strong unit are expected to impact managers, senior managers and directors, it is understood, which are the highest-paid roles below partner level. Meanwhile, [...]

  • EY reports single-digit growth as workforce figure drops

    October 17, 2024

    EY's revealed its global results showing single-digit growth for the Big Four firm, against the backdrop of smaller headcount

  • Professional services chiefs fear Gen Z workplace demands are a key ‘threat’

    October 16, 2024

    Managing a Gen Z workforce is a leading worry for professional service CEOs, as it was revealed they lack the confidence in handling the younger employees.

  • Deloitte UK: Profit stalls as partners pocket £1m

    September 30, 2024

    Revenue at Deloitte UK increased slightly by over two per cent but against the backdrop of its profits stalling following a challenging market

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