Consulting sector news in the UK | Page 3

An overview of consulting news in the category Consulting sector in the UK:

MCA predicts industry growth for 2024 despite headwinds The Management Consultancies Association has predicted a year of double-digit growth is ahead for the UK’s advisory industry, even as it wrestles with a slowdown in work.
23 November 2023
Flexibility attracts one-in-four workers to go freelance Nearly one-in-four UK employees are considering switching from full-time employment to become contractors or freelancers.
21 November 2023
Overcoming change fatigue amid endless transformation Over the last decade, there have been seemingly endless declarations of major technological change being on the horizon, while the potential benefits of digital transformation have routinely been tou
07 November 2023
30 firms lauded at diverse 2023 MCA Awards The annual MCA Awards has seen 30 consultancies share the spoils, after another year of growth across the sector.
10 October 2023
How consulting firms can win - 5 pillars of success Deltek has released the 2023 edition of its ‘How Consulting Firms Can Win’ guide, designed to help consulting firms set themselves up for long-term success.
06 October 2023
MCA launches 'The Value of Consulting' campaign Ahead of its annual awards ceremony, the Management Consultancies Association has unveiled a new campaign to highlight the industry’s value to the UK.
02 October 2023
ChatGPT most benefits below-average consultants, finds BCG pilot Above-average performing consultants benefit less from generative artificial intelligence (Gen IA) tools like ChatGPT when compared with their below-average counterparts.
25 September 2023
Small consultancies struggle to hire as late payments bite Small consulting firms are struggling to undertake recruitment drives required to meet the needs of their clients, as the impacts of the UK’s economic uncertainty comes home to roost.
21 September 2023
Two-fifths of professional services work could be automated with AI Professional services work could see more than 40% of its labour automated with the use of generative AI, according to a new study. The work of management is the area most ripe for automation.
05 September 2023
Chartered status has become a hallmark of consulting excellence Since its launch, the Chartered Management Consultant award has gone from strength to strength – with half of the Management Consultancies Association’s member firms having now joined the drive to ch
07 August 2023
Deltek Clarity research: State of the consultancy nation To understand the state of the professional services industry, Deltek every year conducts market research into trends and developments in the architecture, engineering and consulting industry.
20 July 2023
Consulting industry heading for 13% growth in 2023 The Management Consultancies Association has upgraded its estimation of the UK consulting market revenues in 2022, suggesting the sector raked in £600,000 more than previously anticipated for the yea
03 July 2023
The pros and cons of specialising in consulting Specialisms are the key to consultancy success, but come at a short-term cost.
26 June 2023
Trend for consulting firms in 2023: Maximising margins and profit Despite enjoying growth last year, the consulting industry needs to intensely monitor profit margins in 2023, amid an increasingly challenging and volatile economic landscape.
23 June 2023
SME consulting firms book solid growth but face challenges Small and mid-tier consulting firms have managed to see positive developments in their businesses, in spite of the pandemic and cost of living crisis – with more than half seeing average monthly reve
21 June 2023
8 out of 10 professional services firms expect growth in 2023 Following an extended boom, the professional services sector is facing a number of key headwinds in 2023.
15 June 2023
Professional services firms maintain headcounts as demand grows The UK professional services market is increasingly upbeat about its prospects, with a new survey finding 88% of leaders expect to grow contract activity over the next year.
19 May 2023
SPI's Dave Hofferberth on 2023 trends in professional services Now in its 16th year, the annual Professional Services Maturity Benchmark Report by Service Performance Insight (SPI) sheds light on the top trends and metrics in the professional services landscape.
17 May 2023
Digital gap between small and large consultancies grows Automated processes and artificial intelligence are increasingly being wielded by consultancies looking to devote more of their staff’s time to value-adding tasks.
15 March 2023
Growing consulting profitability through improved internal efficiency Following a strong year for most consulting firms in 2022, the focus in 2023 will be much more on managing profitability amid more volatile market conditions and rising costs (mainly staff).
10 March 2023
Partner pushback sends EY back to drawing board for split plan Following an international backlash on its plans to split its audit and consulting brands, EY has reportedly paused the project.
10 March 2023
Sustainability consulting market to grow to $16 billion by 2027 Sustainability consultants are enjoying record demand, as environmental and social challenges cause businesses to pivot their business models.
01 March 2023
MCA CEO Tamzen Isacsson responds to claims of ‘The Big Con’ A new book has criticised the activities of consultants for corporations and states around the world; with Mariana Mazzucto and Rosie Collington’s ‘The Big Con’ claiming to spell out how the advisory
22 February 2023
UK consulting market's yearly revenues hit £18 billion The UK’s consulting market has gone from strength to strength in the last 12 months, with the industry’s representative body reporting activity growth of 25% through 2022.
01 February 2023
UK consulting sector to create 10,000 jobs by 2026 As the war for talent continues, the management consulting industry of the UK looks to be stepping up its recruitment – with an industry report finding a 20% increase in new roles over the last year
10 January 2023
Consultants predict the key trends of 2023 As a new year brings a number of uncertainties to a head, businesses must reckon with challenges regarding digitalisation, sustainability and economic chaos.
30 December 2022
EY selects potential post-split audit and consulting leaders Professional services giant EY has nominated heads for its respective consulting and audit wings, should the firm’s partners go ahead with its break-up in the new year.
21 December 2022
UK investors warn firms they will exit without ESG progress Even as many companies plan to backslide on ESG commitments, as a means to downsize spending during a recession, investors are suggesting this could see them exit.
01 November 2022
How Be | Shaping the Future renews company culture while growing A company’s culture is critical to its success; it can be what sets them apart from their competitors and can be a huge contributing factor to attracting and retaining talent – and is something which
13 October 2022
MCA and CMI launch chartered award for young consultants As the UK consulting industry’s body works to standardise the sector, it has helped launch a new ChMC Associate Award for younger consultants.
05 September 2022
Productised offerings could help professional services firms grow Amid a highly saturated consulting sector, and with the labour markets tightening, professional services firms are facing pressures to come up with differentiating factors to win new clients.
26 August 2022
Consultants must offer top B2B customer experience to thrive Major challenges for the broader economy mean demand for consultants around the world is spiking – but to capitalise on that, firms need to stand out from the competition by offering improved custome
21 July 2022

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