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PwC UK widens the gap at the top of the UK rankings

PwC UK has reported annual revenues of £3,083m (US$ 4,756m) in the year to 30 June 2015, up 10% year-on year, remaining the largest firm in the UK and widening the gap with second seeded.

With these results PwC UK remains the largest firm in the UK ahead of Deloitte UK who reported earlier this year £2.71bn in revenue for FY15. While PwC topped the UK ranking last year with £267m more in revenue than Deloitte, this year the gap between the two firms is at $373m.

PwC UK reported growth in all service line: assurance grew by 9% to £1,121m, tax by 7% to £763m, deals by 8% to £628m, and consulting by 16% to £571m.

The firm also did better than his rival Deloitte in assurance services, as the second largest firm in the UK only managed 0.3% growth in audit.

PwC UK chairman and senior partner Ian Powell said: "Business confidence has been improving and, while uncertainties remain, the UK economy is performing well. Britain is one of the fastest growing major western economies and is well-placed to achieve a number of years of respectable growth. British business is innovative and dynamic, and I am optimistic that the UK will continue to be very attractive for inward investment and job creation."

Related article:
Deloitte UK reports over 6% growth thanks to consulting services

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