Core Insights - KPMG is enhancing its operations by integrating Salesforce's Agentforce, aiming to improve efficiency and client experiences through AI technology [1][2][4] Group 1: Implementation of Agentforce - KPMG is deploying Agentforce globally to automate research, streamline meeting preparation, and summarize insights, allowing professionals to focus on client interactions [2][4] - The firm has vetted Agentforce against its Trusted AI Framework, ensuring confidence in the technology's adoption [3] Group 2: Strategic Focus and Industry Applications - KPMG is leveraging its internal deployment of Agentforce to create accelerators across various industries, including healthcare and financial services, to expedite client deployment of AI agents [4] - The AI agents are designed to maximize value by prioritizing regulations and providing scalable roadmaps tailored to specific industries [4] Group 3: Community Engagement and AI Impact - KPMG is collaborating with Braven to develop an AI agent for volunteer matching, as part of its AI Impact Initiative aimed at benefiting nonprofit organizations [5] - This initiative combines skills-based volunteering and philanthropy to enhance the impact of AI in community services [5] Group 4: Broader AI Strategy - The deployment of Agentforce follows KPMG's launch of Workbench, a global AI platform for agent communication, enhancing agent orchestration and connectivity [6] - This strategic move is expected to drive measurable business impact by allowing employees to focus on strategic tasks rather than repetitive ones [6]

Core Insights - Forvis Mazars has appointed ten new partners in its UK offices, reflecting an investment in workforce and talent development [1][6] - The new partners bring diverse expertise in audit, tax, and financial planning, enhancing the firm's service offerings [1][2] - The appointments are part of a strategy to strengthen various sectors, including Infrastructure, Energy, and Technology Assurance [1][4] Partner Appointments - Karishma Merchant will oversee the Infrastructure and Energy sector, bringing over 20 years of experience [1] - Josh Thorneycroft leads Debt Advisory, focusing on service expansion through recruitment and collaboration [2] - Paul Simmons is tasked with leading the financial planning team, specifically for the Private Client business in London [2] Sector Focus - Mark Saldua will lead regulatory liaison and internal quality monitoring, enhancing audit impairment services [2][3] - Robbie White heads the Data Analytics Hub, focusing on custom analytics and automation solutions [3] - Richard Tidball will lead corporate tax services with a national focus on restructuring and insolvency [3] Regional Developments - Tommy Cooke aims to grow the Milton Keynes audit practice, focusing on large and listed audits [4] - Simon Withington will spearhead Technology Assurance within the Consulting practice in Newcastle [4] - Sean Cockburn is set to expand the International Private Client business in Scotland, focusing on cross-border taxation [5] Leadership Statements - CEO James Gilbey emphasized the firm's commitment to talent development and delivering an unparalleled client experience [6]

Group 1 - PwC has made significant job cuts in its Middle East operations, eliminating approximately 60 partners and 1,500 staff due to a ban by Saudi Arabia's Public Investment Fund (PIF) on new advisory contracts [1][2] - The leadership of PwC is undergoing a change, with Laura Hinton from PwC UK set to co-lead the Middle East business starting October 2025, indicating a strategic reassessment in response to anticipated revenue shortfalls [2][3] - The job cuts primarily affected consulting roles, especially those linked to transformational projects, highlighting the firm's previous involvement in major PIF initiatives like the Neom development [3][4] Group 2 - Despite the job reductions, PwC's overall headcount in the Middle East has remained stable due to new hires in areas with strong client demand, suggesting a strategic pivot rather than a complete withdrawal from the region [4][5] - As of the end of the most recent financial year, PwC's Middle East operations comprised around 500 partners and 11,000 staff, with ongoing recruitment for lower-level positions, indicating continued growth ambitions in the region [5] - The firm acknowledged the job cuts in light of a general slowdown in business, reflecting broader industry challenges [5]

Core Insights - PwC UK reported a profit of £1.37 billion for the financial year ending 30 June 2025, marking a 20% increase from £1.14 billion in 2024 [1] - The group's revenue was relatively flat at £6.35 billion in 2025, a slight rise of 0.4% from £6.33 billion the previous year [1] - The growth in profits was driven by the Tax, Deals, and Audit divisions, with the Tax service line achieving a 6% revenue increase [3] Financial Performance - Profit for the financial year 2025: £1.37 billion, up 20% from £1.14 billion in 2024 [1] - Revenue for 2025: £6.35 billion, a 0.4% increase from £6.33 billion in 2024 [1] - Revenue growth rates: UK market at 0.3%, Middle East at 0.4%, and Channel Islands at 5% [1] Operational Changes - The company made the decision to reduce roles in certain areas, though specific numbers were not disclosed [2] - Average distributable profit per UK partner remained stable at £865,000, compared to £862,000 in FY24 [2] - Consulting and risk advisory services in the UK contracted by approximately 3% due to tougher market conditions [2] Strategic Initiatives - PwC launched the Tech Catalyst, an independent unit aimed at fostering technology-driven transformation [4] - The company is focused on sustainable growth and improving market sentiment to create a stronger pipeline across its multidisciplinary portfolio [4]

Core Insights - RSM has been named a supplier on three government frameworks, enhancing its position in the public sector following strategic investments in its practice [1][4] - The agreements with the Crown Commercial Service (CCS) allow RSM to provide a range of services including internal and external audit, counter fraud investigation, and management consultancy [2][4] - RSM's public sector practice has experienced a 30% growth, supported by strategic team enhancements and recruitment of experienced professionals [5] Group 1 - RSM is included in the Audit & Assurance Services Two (A&AS2) framework, allowing it to offer various audit and assurance services [1][2] - The company has also been appointed to the Management Consultancy Services Framework Four (MCF4), focusing on strategy, finance, and transformation [2][4] - RSM has been reappointed to the NHS SBS Audit Services for Health framework, providing a range of governance and audit services [4][5] Group 2 - RSM's strategic investment includes expanding its UK team and leveraging expertise from its global network, particularly from the US, Canada, and Ireland [3][5] - The company aims to address significant public sector challenges and promote sustainable change through its services [4][5] - Recent recruitment efforts include bringing in a tax partner focused on the energy sector, indicating a targeted approach to client service [6]