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McKinsey & Company | News

An overview of McKinsey & Company news in the UK:

Consulting firms of all sizes celebrated in annual ranking The Financial Times has released the 2025 edition of its UK’s Leading Management Consultants ranking.
01 April 2025
Global retail sector heading for slim growth in 2025 The fashion industry is set for slow but steady growth in 2025, according to new McKinsey & Company research.
20 November 2024
AI energy demand could hinder net zero progress and outstrip supply According to a new study from McKinsey & Company, the fervour for digital and AI capabilities is creating greater energy needs – even as the world struggles to meet its pre-GenAI net zero targets.
18 November 2024
Customer services leaders concerned by scaling difficulties for GenAI pilots Customer care leaders believe that Generative AI will soon be a defining feature of their sector, with four-in-five predicting their investments in the technology will increase.
17 September 2024
What the MBB can learn from smaller strategy brands The offering of top strategy consultants has come under fire in recent months, with a survey suggesting that their “one-size-fits-all” approach is leaving many clients frustrated.
12 September 2024
MBB strategy consultancies panned as ‘no help at all’ by project managers The world’s three largest strategy consulting firms are little to no help when engaged for corporate transformations, according to a new industry survey.
23 August 2024
WEF and McKinsey: Space economy to hit $1.8 trillion by 2035 Earth’s dwindling resources have been over-exploited for decades, and as the resulting supply chain disruption and price inflation sees the world’s leading economies struggle for growth, many busines
01 May 2024
UK consulting firms great and small lauded in national ranking The Financial Times has released the 2024 edition of its UK’s Leading Management Consultants ranking.
07 March 2024
Bob Sternfels faces run-off to remain McKinsey's global boss Traditionally, McKinsey & Company has favoured stability when selecting its leaders.
30 January 2024
Global cooperation on the decline since 2020 A new global study has shown that international conflict is threatening the world economic stability dramatically.
17 January 2024
Strategy consultancies are most productive 'CEO factories' A new study of large businesses has found that five of the world’s leading strategy consulting brands are also the most prolific producers of company leaders.
30 October 2023
Banks enjoying highest profits since 2008 global financial crisis Banks worldwide are currently enjoying a record profit windfall – the highest seen since the 2008 global financial crisis, according to analysis by McKinsey & Company.
16 October 2023
Growing demand in battery industry calls for innovation – and recycling Solutions will need to be found to meet increasing demand for lithium-ion (Li-ion) batteries.
25 September 2023
Haleon brings in McKinsey and EY for cost-cutting exercise A year after splitting from GlaxoSmithKline, pharmaceutical firm Haleon has brought in consultants to help cut costs.
08 September 2023
Generative AI could boost productivity by $4.4 trillion annually While the tangible results of AI are hard to come by at present, the hype surrounding the technology is going from strength to strength.
30 August 2023
Office time of average London worker falls to just three days Two years on from the extensive lockdowns of 2020, office attendance remains much lower across the economy – with the average London worker spending 3.1 days on site.
22 August 2023
Rolls-Royce taps McKinsey for organisational restructuring Rumours have begun circulating that Rolls-Royce may be heading for a round of job cuts.
13 June 2023
Social mobility could boost UK's flagging economy While some senior economic experts in the UK are advising citizens to make peace with being poorer, for fear of wage rises increasing inflation, research from one of the world’s leading strategy cons
03 May 2023
McKinsey could axe 2,000 jobs despite 'record year' After reporting an excellent year in terms of revenue, McKinsey & Company has surprised industry experts by announcing plans to cut up to 2,000 staff.
27 February 2023
The candidates favoured by MBB recruiters New research has revealed some of the key traits of successful applicants for UK jobs at the world’s top strategy consultancies.
23 February 2023
Women shut out of leadership roles in the metaverse While proponents of metaverse technology claim its platforms will be built on the pillars of transparency, accessibility and equality, metaverses are already exhibiting the same old biases relating t
28 November 2022
McKinsey claims book 'fundamentally misrepresents' work of the firm Strategy giant McKinsey & Company has lashed out at a book that it believes “fundamentally misrepresents the firm and its work”.
21 October 2022
MBB firms raise pay as talent war rages The world’s most prominent strategy consultancies are stepping up their efforts to attract top talent, amid record inflation and booming demand for advice in a turbulent economy.
05 September 2022
Workday adds McKinsey & Company to global partner network Software vendor Workday and consulting giant McKinsey & Company have formed a global alliance to support clients facing human resources and finance challenges.
27 July 2022
Economic pessimism in UK at all-time high New data has revealed that economic pessimism is at an all-time high among UK consumers. With the rate of inflation now at around 9%, more than a third of consumers expect a lengthy recession.
25 May 2022
QuantumBlack: McKinsey’s 1,000-strong AI consulting division Global strategy and management consulting firm McKinsey & Company has unified the artificial intelligence teams from its 100+ offices worldwide under the one banner – QuantumBlack.
02 May 2022
Net zero transition requires mass reallocation of labour A new study into the impacts of the world’s net zero transition has found that it necessitates a mass shift of the workforce between roles.
28 April 2022
McKinsey partner Stuart Shilson to chair St John Ambulance A partner with global strategy giant McKinsey & Company has been named as the new Chair of St John Ambulance.
14 April 2022
McKinsey co-launches carbon removal investment group Frontier As the MBB firm kicks on with its net-zero efforts, McKinsey & Company has collaborated with several other companies to launch a new carbon removal investment group.
13 April 2022
Engineering firms lead consultancies in race to net zero New research has shown that the consulting industry’s top players are accelerating their push toward major climate commitments.
31 March 2022
NHS working with McKinsey on analysis of Covid-19 vaccination data The NHS has signed a £1 million deal with McKinsey & Company. The move sees the strategy consultancy advise on the analysis and presentation of data relating to the Covid-19 vaccination programme.
28 March 2022
McKinsey, BCG and Bain bar consulting work for Russian government The world’s three largest strategic consulting firms have publicly denounced Russia’s invasion of Ukraine.
28 February 2022

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