Big Four

EY has announced plans to cut 3,000 jobs in the United States, primarily in the consulting division, to address overcapacity issues.

EY UK staff have been told to prepare for cost-cutting initiatives and a wave of job losses following the collapse of its ambitious break-up plan.

EY has abandoned its current plans to split its audit and consulting businesses, codenamed Project Everest, following months of internal conflict and opposition from US executives.

Big four firm PwC has said it is reviewing its hiring and training procedures to accommodate recent school leavers and graduates affected by the lockdown and missed out on taking exams under normal conditions due to Covid.

Deloitte has lowered the temperatures in its 22 offices by two degrees Celsius over the Christmas period in order to save money on rising energy costs.

EY has announced there will be no holiday bonuses this year for its US staff.

EY global managing partner Andy Baldwin has claimed big four rivals will "at some point" have to follow suit as EY's split moves ahead. EY's UK and US partners are expected to begin voting on the split decision in their respective regions early next year after the proposal was approved by leaders in

The estimated costs of the proposed plans to break up the stranglehold of Big Four accounting firms over the auditing business have been predicted to grow to £1 billion over 10 years, according to government figures.

The start of EY's vote to split the company has been postponed as the firm's 'global framework agreement' has not been finalised yet. Voting on the proposed separation of the audit and consulting businesses, which was approved in September, was set to start this month with balloting of the big four

EY's UK partners have received a 7% boost to their payouts, an average of £54,000 to £803,000, as the big four firm announced record levels of growth for its UK business. The firm's UK revenues are up 17.2% and UK fee income increased to £3.23 billion from £2.75bn over the la

Heriot-Watt University has been ranked as the best Scottish university for landing a role at a big four accountancy firm (PwC, Deloitte, EY and KPMG) according to a new analysis of LinkedIn data. As undergraduates return for their final year of university this Autumn, many will have their mind set o

UK consumer confidence has fallen for the fifth consecutive quarter in Q3 2022, falling by one percentage point to a historically low -20%, according to Deloitte’s latest Consumer Tracker. Spending power also remains significantly strained, as consumer sentiment around levels of debt also reac

EY has announced its launch of a centre of excellence in Glasgow that will specifically hire neurodivergent individuals to fuel innovation in technology, bring a new dimension of creativity, and drive greater diversity, equity, and inclusion in the workplace. The Neuro-Diverse Centre of Excellence (

A collective value of £1.02 billion worth of unused smartphones has accumulated in consumer households in the last three years, according to new research from Deloitte, with consumers upgrading their handsets while leaving older devices in cupboards or drawers. Deloitte’s Digital Consume

KPMG has promoted six colleagues to partner and 96 other colleagues to new positions in Scotland, demonstrating the firm’s continued development and investment in its people. Grant Archer, Terri Costello, Ann Devine, Susan Dunlop, Slim Gueddana and David McKay, all became partners of the profe