KPMG partner profits up from £580k to £713k

Partners at KPMG have seen their pay rise by 23% after the firm announced a 27% jump in profits for the last financial year, pushing it up to second place in the rankings of the Big Four.

KPMG's profits for the financial year ending 30 September 2013 rose from £358m to £455m, while overall revenues increased marginally by 0.4% from £1,806m to £1,814m.