PwC earns £1k an hour on Carillion
ACCOUNTANTS at PwC charged up to £1,156 per hour for work on Carillion, it has emerged.
PwC charged £20.4m for the first eight weeks in the builder’s insolvency, with staff paid an average of £356 an hour, directors £559 an hour, and pension specialists £1,156 an hour at partner level.
Gail Cartmail of Unite said: ‘For the thousands of workers who have lost their jobs, these figures will be viewed as excessive.’
PwC said: ‘We understand concerns over the cost of the liquidation. However, without this work the cost to jobs, the economy and the taxpayer would be higher.’