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By Lars Mucklejohn EY has reportedly cut bonuses and pay rises for thousands of its UK staff while also letting a number of partners go as the Big Four firm grapples with weaker demand for its services. The firm told workers within its tax advisory business that they would be handed a 2.2 per cent base salary increase as part of its annual pay review, the Financial Times reported. This figure is down from 6.6 per cent in 2023 and 10 per cent in 2022. Staff are also said to have been told that bonuses in the 4,400-strong division would also be lower for the year to the end of June, while a smal…

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