KPMG seals split plan.

KPMG senior partner Mike Rake this week revealed the firm hoped to conclude the separation of its consulting arm before the end of the year. Rake spoke as the firm launched a Consulting Board this week – a move which will mean the consultancy will not have to report to the UK Board on day to day issues. The firm has attempted to give the consulting arm more autonomy over the last 18 months, with a conclusive separation looming. Senior consulting partner Alan Buckle will, however, remain the head of the operation and the consulting division will remain ultimately accountable to the firm.

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