Deloitte’s UK FY23 results are in, and revenue was up 14% to £5.6 billion For year ended 31 May 2023). The rise was attributed to buoyant markets in the first half of the year, which drove growth across audit and assurance (up 20%) and consulting (up 16%).
In FY23 Deloitte hired over 6,800 new staff, including 2,767 graduates, apprentices and interns.
Deloitte’s 714 equity partners received £1,060,000 in ‘profit’ from the £756 million profit pot. That’s the second year in a row that partners have received over £1 million.
Deloitte CEO Richard Houston said: “Our people and partners have worked incredibly hard to deliver another strong year, amid a complex and changing economic landscape.”
He concluded by saying: “Looking ahead, the UK faces a challenging year, with ongoing cost of living concerns, slow economic growth, rising geopolitical tensions and the climate crisis.”
