Profession awaits PwC results
PricewaterhouseCoopers, the world's largest accountancy firm, will today publish its first ever UK results, finally catching up with the rest of the Big Four.
The results will be announced at a press conference this morning at the firm’s Southwark offices.
According to this year’s Top 50, PwC’s 2002 revenues were estimated at £2.3bn, with its 797 UK partners bringing in fees of £2.9m each.
Last week, Ernst & Young released results which showed revenues had increased by 8%, while in July Deloitte revealed a 33% growth in annual revenue, with much of it down to the transaction with Andersen.
KPMG’s 2003 results are not due out until next year.
More to follow later today.