Accountants show they're in the money

ACCOUNTANCY firm KPMG earned approximately £101m in revenue in Yorkshire and the North East over the last year.

Revenue in the north as a whole rose 6.6 per cent to 209m and nationally the company took 1,602m.

Across the country, profit before tax rose 10 per cent to 428m from 389m in 2009.

Iain Moffatt, KPMG's Leeds office senior partner, said: "Investment in our Northern Performance and Technology practice, including our recruitment of David Muir from PWC (PricewaterhouseCoopers], has resulted in a 500 per cent boost to its bottom line, to 11m, which is an excellent start to achieving our ambitions for significant growth in this area in the coming years.

"We are proud of the many relationships with companies across Yorkshire that lie behind our audit market leadership, with the largest share of business amongst both the region's top quoted companies and top 500 companies. Revenue in our Northern audit practice was approximately 70m."

Philip Lunn

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