Monday, December 18, 2017

KPMG pay plunges after firm suffers write-off costs

Partners at KPMG UK will see their average pay fall from £582,000 to £519,000 after the Big Four firm endured a host of write-offs on investments, largely in technology ventures. Although it saw UK billings rise 5%, after the one-off hits, pre-tax profits fell 19.5% to £301 million in the past year.
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