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RSM UK reports 9% growth

RSM UK has reported annual growth of 9%, up to £319m (USD $427.8m) for the financial year ending 31 March 2017.

RSM UK reported growth across risk assurance (14.6% growth), restructuring advisory (9.6%), tax and advisory (8.6%), audit and assurance (4.8%). Although 43% of the firms’ revenue is from its tax and advisory services, its consulting, human resource and legal services grew by 46% to 16m in revenues for the year.

The firm’s total headcount increased to 3,472, up 2% from 3,402 last year.

Partner and staff remuneration increased by 11% to £202m, while staff dividends also increased 4% to £3m.

RSM UK chief executive officer Laurence Longe said the results show the commercial benefit of investment reshaping the firm following the absorption of the former Tenon business in 2013.

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