As he announced the company’s results yesterday, chief executive Terry Benson said: ‘The short-term outlook remains difficult.’
The company admitted that as anticipated, the current year started slowly and the current level of activity was below the first quarter of 2001.
It said: ‘Our current expectation is that revenue in the first quarter will be no better than the £49.9m achieved in the fourth quarter of 2001.’
Benson added the company’s recovery during the rest of the year depends on the volatility of the specialist recruitment market and its exposure to international economic conditions.
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016