Deloitte UK

Who are Deloitte?

Deloitte was founded in 1845 by William Welch Deloitte in London, England. In the following years, the firm would be expanded upon by George Touche and Admiral Nobuzo Tohmatsu.

At the age of 15, William Welch Deloitte became an assistant to the Official Assignee at the Bankruptcy Court in the City of London. As president of the newly created Institute of Chartered Accountants, he found a site for its headquarters in 1888. In 1893, he opened offices in the United States, and started to audit a growing soap and candle business.

George Touche qualified as an accountant in Edinburgh in 1883. After gaining experience in saving doomed businesses from disaster, he formed George A. Touch Co. in 1899, and in 1900, along with John Niven, he set up the firm of Touch Niven in New York, which went on to be the US arm of present-day Deloitte.

Later on, Tohmatsu was credited with helping expand the group’s international presence. In 1967, he became president of the Japanese Institute of CPAs. The key to Tohmatsu’s growth was his decision to send a “substantial number” of partners and professional staff overseas to gain experience. From the beginning, this meant the firm was internationally focused.

A significant merger was announced in November 2020 when the group acquired technology and digital media law firm, Kemp Little, which offers legal services in commercial technology, corporate, employment, data protection and financial regulation across a range of sectors including financial services, telecoms, and media and digital solutions.

Deloitte UK is run by senior partner and CEO, Richard Houston. The rest of the firm’s executive team in the UK includes: CFO Heather Bygrave; managing partner of risk advisory Cindy Chan; managing partner of consulting Rob Cullen; chief strategy officer Duncan Farrow-Smith; managing partner of consumer Dominic Graham; managing partner of financial services Richard Hammell; managing partner of people and purpose Jackie Henry; UK managing partner Philip Mills; managing partner of QRS Mark Mullins; managing partner of financial advisory Charindra Pathiwille; managing partner of audit and assurance Paul Stephenson; managing partner of tax and legal Lisa Stott; and managing partner of growth Nick Turner.

Deloitte UK also stands out with the highest revenue per partner at £8.75m. As of 2023, the firm employs 26,500 professions, all of which specialise in a variety of sectors.

What do they do?

Deloitte offers a variety of different business services within audit and assurance; consulting; financial advisory; risk advisory; tax; legal; and private.