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Grant Thornton revenues slip

10 December 2018

A year of continued transition, is how Grant Thornton UK unveiled its latest financial performance.

It was reported that a series of one-off portfolio disposals meant revenues were down by 1.8% to £491m. This means that post-tax profits were £70m, down £5m on 2017. The average distributable profit per partner was £373,000. That’s a pay cut year-on-year of 8%.

Partners at nearest rival BDO received average pay of £531,000, a 17% rise.

Dave Dunckley took up the role of CEO of Grant Thornton UK this month, replacing Sacha Romanovitch.

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