EY hails buoyant market as profits rise

EY has reported UK fee income growth of 9.2% to £2.35bn for the year to the end of June, up from £2.15bn in the previous year, adding more than £1.3bn of organic revenue since 2010. Distributable profits before tax increased by 2.7% from £452m to £464m. The firm, which employs more than 14,000 people and has 685 partners in the UK, saw distributable profit per partner increase by 2.3% to £677,000, compared to £662,000 in 2016. The performance of EY’s 370-strong Yorkshire practice, comprising offices in Leeds and Hull... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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