Mid-sized professional service firms are set to play an integral role in improving UK professional service standards, a topic I recently discussed with Open Business Council.
Mid-sized firms that are disrupting the industry in a truly unprecedented manner such as ours, at Theta Global Advisors, are seeing great success having worked on major accounts this year.
Kwarteng’s proposals for supportive structures working with the Big Four can see more mid-sized firms such as our own seamlessly diversify the sector, maintaining London as a top choice globally for professional services and are essential to stay ahead of the curb moving forwards.
At Theta, we provide accounting and consultancy services and deliberately do not audit companies to avoid any conflicts of interest. I am keen to see this applied across the professional services industry to maintain higher standards in a rapidly changing sector.