KPMG profit per partner hits £763,000

PROFIT per partner at KPMG's UK business rose by 10 per cent to £763,000 last year, according to figures released by the practice today.

Revenues across the UK held steady on a like-for-like basis at 1.6 billion with profit before tax up 10 per cent at 428 million.

Although no figures specific to Scotland were released, the accountancy heavyweight said the practice north of the Border had recorded a "better than flat performance".

Senior partner in Scotland, Craig Anderson, said: "KPMG's performance in Scotland has been robust and we continue to invest in the firm's future in the face of significant economic challenges."

Across the UK, the firm's advisory services showed strong growth and there are plans to increase headcount by a further 3,000 over the next three years. During the year, 37 partners were appointed.