PwC reports $45bn global annual revenue

The global PwC network has reported a 4.9% increase in global revenue to $45bn (£33bn), with the last quarter of the year picking up strongly following the easing of the pandemic

After growth was flat for most of the year, it accelerated markedly between April and June, up 18.1% compared to the same months last year. While the 18.1% growth is partly a result of a very difficult period in FY20, it also reflects growing client demand for services such as deals and restructuring as economies began to open up.

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