Partners at accountancy firm received an average of £518,000 each, down from £602,000 last year
BDO, one of the UK’s leading accountancy firms, is refusing to pay back £4.5m in furlough money it received from taxpayers despite paying its 264 partners an average of £518,000 each. In total the company paid its partners £137m.
Paul Eagland, the firm’s managing partner, said there had been a “moral debate” at the firm about whether or not to pay the money back, but that the firm believed it had a greater responsibility “to invest in jobs.”