Accountancy

EY partners get top-secret briefing on firm break-up at Hyde Park hotel

EY UK partners gathered last month at the five-star Royal Lancaster hotel for a sales pitch on the firm’s multi-billion dollar split

Pension costs and legal bills are just some sticking points in ongoing talks
Pension costs and legal bills are just some sticking points in ongoing talks Photo: Aleksander Kalka/Getty Images

EY UK partners gathered last month at the five-star Royal Lancaster hotel near Hyde Park in west London for a sales pitch from their senior leaders on the firm’s multi-billion dollar break-up.

Security guards were on hand to prevent interlopers attending the top-secret briefing, which EY’s global chair and chief executive Carmine Di Sibio addressed via video link, according to a partner who attended.

WSJ Logo