Deloitte UK’s results are out, and they show revenue for the year ended 31 May 2026 was up 2% to £5.81bn.
Distributable profit jumped 14% on last year at £899m, and the average profit per equity partner rose 7% to £1.12m.
If you take out the O% growth in Switzerland, the actual growth in the UK was 3% year-on-year.
The firm has also been controlling costs, and the workforce shrank by 1,000 people over the last 12 months. The firm also offered voluntary redundancy to 3% of its audit staff.
In June Darren Groves was appointed CEO of Deloitte UK, and he said:“This is a good set of results delivered against a complicated backdrop of geopolitical uncertainty and AI advancement. Our results are testament to the hard work of our people and partners.
“We saw an increase in revenue across all our UK businesses and were pleased that our advisory businesses returned to profitable growth, with higher demand for enterprise technology services, including supporting clients with their AI adoption and scaling strategies. Tax & Legal and Audit & Assurance also each had another solid year.
“We were also pleased to share our good financial performance with our people, increasing our bonus pool by 14%, with average salaries in-grade rising by an average of over 4%.
“We continue to make a significant contribution to public finances, through taxes paid by the firm and its partners, as well as taxes collected on behalf of HMRC. Our total UK tax contribution was £1.86bn in FY26.”
