EY reports 2% increase in UK fee income in FY25

Ernst & Young (EY) has reported a UK fee income of £3.78bn ( $5.05bn) for the financial year ending 27 June 2025 (FY25), marking a revenue growth of 2% in what it terms as a “challenging market”. The accounting major in the UK posted a 9% growth in distributable profit per partner to £787,000 ($ 1.05m) in FY25, a rise from £723,000 in the preceding year (FY24). The firm’s distributable profits before tax were £679m, compared to £653m in the previous fiscal year. The firm's Strategy and Transactions servic ...