Welcome to our 2018 annual report. This year we’re focussing on how our people work together across the business, with clients and key stakeholders, to lead the way in changing times. We’re sharing our journey through videos and infographics, case studies and data explorers. You can also read about our strategy here.
Watch our Chairman and Senior Partner, Kevin Ellis, discuss the past year at PwC UK. From our performance to our purpose, Kevin reflects on the opportunities and challenges we faced as well as his vision for the future of our firm.
We work with over25,300
clients, helping them to create the value that they’re looking for.
We know that many of our people want to ‘give something back’ to society, while developing their skills, so we continue to offer a significant amount of time – up to six days per year - for any of our staff or partners to volunteer with our strategic community partners. We aim to collectively volunteer at least 50,000 hours each year, and this year has seen a total of 66,402 hours reaching a staggering 23,500 beneficiaries.
We have continued to invest in our people, clients, and technology. In the past year all areas of our business grew, overcoming a challenging economic and political environment.
Watch our Chief Operating Officer, Warwick Hunt give highlights of our financial performance for our UK and Middle East businesses, explore our revenues in detail and see our key performance indicators.
We have a broad and well-diversified business with clients spanning a range of industries and sectors. Our core lines of service are Assurance, Consulting, Deals and Tax. We tailor our services to specific client needs and we offer an integrated approach.
A major strength of our business is our balanced portfolio. In FY18, 29% of our revenue came from inbound clients headquartered overseas, while 22% of from work with private businesses.
Despite economic uncertainty, our industry groups performed strongly this year across the board.
We’ve seen continued demand for services from our non-audit clients and Mandatory Firm Rotation has brought significant opportunities and allowed us to develop new relationships.