A tenth of BDO Stoy Hayward’s partners will be leaving the firm.
In what managing partner Simon Michaels described as a ‘difficult decision
and not one we have made lightly’, the move has been taken to keep the firm
‘We have looked closely at the changes in the market, how they will affect
our business, and where the opportunities lie. The conclusion was that we need
to continue to reshape our business,’ said Michaels.
‘All the partners are well respected and have made a valuable contribution to
the firm during their time as partners. We wish all the partners who are leaving
the firm the very best for the future.’
More to follow.
Colin responds to the call for 'Darwinism' in accountancy
Does Darwin's theory apply to taxation? Colin ponders...
Colin comments on the effect of Brexit on the influx of partners at KPMG
Colin provides insight into the Tesco and Unilever scandal over Marmite