Deloitte: Reports robust growth

By Rob Starr, Content Manager, Big4.com

Deloitte UK has reported its financial results for year ended 31 May 2012.

“This is another robust performance in what continues to be an uncertain economic environment,” said David Sproul, chief executive and senior partner of Deloitte. “Last year we took the decision to invest heavily in people and skills, and new solutions such as Deloitte Analytics and Deloitte Digital, in order to enhance and extend the services we offer our clients.”

Revenues were  up 11% to £2.3 billion; The firm achieved strong performance in each of its business divisions. Audit grew by 13% to £663 million (£586m in 2011), Tax by 7% to £529 million (£496m in 2011), Consulting by 14% to £524 million (£460m in 2011), Corporate Finance by 6% to £402 million (£381m in 2011), and Switzerland by 21% to £211 million (£175m in 2011).

The firm recruited 1,118 graduates and also 38 school leavers, starting them on the route to a professional degree level qualification. The firm invested £24m in learning and development, enabling more than 750 of our people to achieve a professional qualification. In addition, Deloitte supported hundreds more students through scholarships and internships, many of whom will go on to join the firm.