Deloitte UK’s partners were paid an average of more than £1m in the last financial year, despite a difficult market for major consultancy firms.

The firm said that average equity partner pay stood at £1.01m for the year ended 31 May, down nearly 5% from £1.06m the previous year. It said revenue for the year rose 2.4% to £5.7bn, up from £5.6bn the previous year, while operating profit remained flat at £756m.