According to the FT this morning:
The UK arm of Deloitte also includes the accountant’s operations in Switzerland, where it enjoyed a 21 per cent sales increase to £211m on the back of market share gains.
Market shares of doing what, I wonder?
Deloitte see their Swiss sales grow by 21%. I wonder what they’re doing there?
Richard Murphy
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Q: Market share of doing what, I wonder?
A: Playing monkey business with accounts/shareholders is what Deloitte “does”.
And as it is the “UK arm” perhaps with the assistance of their co-conspirators at ICAEW.
Deloittes appear to have billed 750,000 hours to the Olympic Games (presumably UK & Switzerland). At £300/hour on average that works out at about £200 million.
No doubt the highest value work was done in Switzerland!? As I say this my tongue is buried so deep in my cheek, I’m in danger of swallowing it!