Accountancy

PwC UK makes up 22 partners in one-off promotions round as M&A, ESG boost business

Professional services firms are thriving in a booming deals market

PwC UK boosted partner pay 27% to a record £868,000 in its financial year to 30 June, thanks to a rebound in client activity in the second half of that year
PwC UK boosted partner pay 27% to a record £868,000 in its financial year to 30 June, thanks to a rebound in client activity in the second half of that year Photo: Jack Taylor/Getty Images

PwC UK has promoted 22 new equity partners in a special promotion round to reflect the “strong growth” of the firm amid a hot M&A advisory market.

The firm promoted 63 partners in July in its annual partner promotion round, but has now added 22 more, effective from 1 January, on the back of the strong demand across deals and other fashionable areas like green finance.

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