KPMG boosts staff bonus pool by 20%

Press Association
KPMG bonus pool
KPMG bonus pool

KPMG has boosted its staff bonus pool by 20% after restoring profits growth following the " first and toughest year" of a three-year turnaround plan.

The professional services firm, which has 583 partners and employs 10,800 staff after cutting about 3% of its workforce in 2012, said UK profits rose 27% to £455 million in the year to September 30.