EY’s offices in central London. A growth in revenues was driven by investment in technology, its chairman said

Pay for British-based partners at one of the world’s biggest accountancy firms has swelled to nearly £680,000 as the professional services industry enjoyed bumper revenues in spite of Brexit and political upheaval around the world.

The 685 partners at EY received an average share from the firm of £677,000, up £15,000, or 2.3 per cent, on last year, as its UK fee income rose by 9.2 per cent for the 12 months to the end of June to £2.35 billion.

Distributable profits at EY grew by 2.7 per cent from £452 million to £464 million in its latest financial year. The firm said that it had inducted 63 equity partners into its UK partnership, reflecting the growth in its business. “This is a strong performance,