Revenues up but partner profit down at Ernst & Young
2nd October 2012
ERNST & Young has posted an 11% increase in revenue for its UK business, the highest in six years. The firm has attributed much of the improvement to the success of its globalisation strategy.Investment in talent and some significant client wins also contributed to revenues growing to £1.6bn, said the firm.However, it said the challenges of the business environment and the continued focus on investment had resulted in a slight drop in partner profits. Steve Varley, UK chairman and managing partner, said: “I am very ......for the full story register now for free or login below...
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