Big Four
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Feb- 2021 -25 February
KPMG in talks to sell restructuring arm to HIG for £400m
KPMG is reportedly in exclusive talks regarding a £400m sale of its restructuring arm to HIG Europe, according to Sky…
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23 February
FRC progresses Big Four audit separation process
The Financial Reporting Council (FRC) has signalled a progression to the “operational separation” of the Big Four firms’ audit practices.…
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18 February
Epiris enters race for KPMG restructuring arm
Private equity firm Epiris has reportedly joined the group of bidders for KPMG’s insolvency business in the UK. According to…
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17 February
Deloitte’s restructuring arm acquired by Teneo
Deloitte’s restructuring arm has been acquired by global CEO advisory firm, Teneo. The deal, which is subject to regulatory approval,…
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17 February
KPMG to create 200 new jobs with Belfast expansion
KPMG has announced plans to create a new ‘Centre of Excellence’ in Belfast, as part of a £14m scheme that…
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3 February
KPMG partner pay cut by 11% in 2020
KPMG has announced that its average partner distribution in 2020 fell by 11%, from £640k to £572k, amid the ongoing…
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3 February
EY to acquire Frank Hirth’s personal tax services business
EY has acquired Frank Hirth’s personal tax service business for an undisclosed sum. According to EY, 200 employees, and over…
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Jan- 2021 -29 January
PwC makes further reductions to ethnic pay gap
PwC has announced that its ethnic pay gap for black, asian and mixed ethnic (BAME) employees including partners has decreased…
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20 January
Value of alleged fraud falls 36% in 2020, KPMG finds
The value of alleged fraud fell by 36% to £724m in 2020, down from £1.1bn in 2019, despite lockdown fraudsters…
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19 January
KPMG firms in Channel Islands and Isle of Man merge
KPMG’s firms in the Channel Islands and Isle of Man have merged into a single practice operating across the Crown…
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