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KPMG's UK partners will receive record pay averaging £816,000 following an 11% increase in pre-tax profits to £404 million.
KPMG partners in the UK earned £816,000 on average after 200 job cuts and a salary freeze for 12,000 workers in response to economic challenges.
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The bonus pot for all employees rose by 20% and about 10% of the workforce were promoted, he said. KPMG UK had focused on managing costs, Holt said. The firm's pre-tax profit rose by 11% to £404 ...