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More than 1,000 partners at the UK division of the “big four” accounting firm PwC will be paid £906,000 this year, a slight fall on last year’s record payout as profits fell despite rising revenues. Unaudited accounts released by the company showed that PwC’s UK profit fell from £1. 5bn to £1. 3bn in 2022, although last year’s figure was boosted by a £139m gain from the sale of its global mobility business. – Guardian.
Wall Street stocks showed a varied performance on Tuesday, with major indices ending the day on a split note as investors awaited an impending speech from Federal Reserve chair Jerome Powell later in the week.
