KPMG’s UK/Swiss Group has reported its first combined set of financial results, with revenues of £.6bn for 2025.
The audit business grew 5%, and tax and legal increased sales by 6%. However, advisory saw a decrease of 3%, against the backdrop of a difficult consulting and deals trading environment.
Care cost management meant total profit before tax was up 14%, at £576m.
Distributable profit per partner averaged £880,000, a nice 11% increase for them!
Jon Holt, Group Chief Executive and UK Senior Partner, KPMG said: “The merger of KPMG UK and Switzerland was a defining moment for our firm and our first year has brought new and exciting opportunities for our clients, our people and the communities we work in.
“Despite the difficult market, we have continued to invest in our brilliant people, their skills, and our talent pipeline with more promotions, increases in colleague bonus spend of 18% across the Group and by boosting our learning offer.”
