Easter lifted Scottish retail sales in April, as total sales in Scotland rose by 9.1% compared with April 2022, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.
Venture capital (VC) investment in Scottish businesses has dropped significantly in terms of value and volume in Q1 2023, with only 14 deals having raised around £70 million, the lowest for an opening quarter since 2020, according to KPMG UK's Venture Pulse Report. This slump is attribute
New research released today from KPMG UK has revealed that 39% of consumers in Scotland think that the metaverse — a virtual-reality space in which users can interact with a computer-generated environment and other users — will become widely used in the next 10 years. The profe
International investment firm TowerBrook Capital Partners has invested an undisclosed amount in Envevo, an EV charging points design and installation firm catering to B2B clients.
The Financial Reporting Council (FRC) has fined KPMG and its audit engagement partner Anthony Sykes £1.75 million and £75,000 respectively for failures in relation to its audit of the financial statements of TheWorks.co.uk plc. The Executive Counsel of the FRC has issued a Final Settleme
KPMG has launched its 10th annual search for the UK's most promising tech innovators. The competition, Tech Innovator in the UK 2023, has previously spotlighted companies such as What3Words, SafetoNet, FIDOTech, and 2022 winner HiiROC, who later triumphed in the global final at Web Summit.
The Financial Reporting Council (FRC) has handed out a fine of £1.3 million to KPMG and its former employee Stuart Peter James Smith for audit failings, after it concluded its investigation into the statutory audit of Luceco Plc's financial statements for the financial year ended 31
KPMG has received criticism for not identifying significant risks in Silicon Valley Bank's audit, which took place shortly before the bank's collapse.
New research from KPMG, as part of its Consumer Pulse survey, shows that nine out of 10 bill payers in Scotland made changes to reduce energy use between October 2022 and February 2023.
Research from KPMG UK has revealed significant reductions in consumer spending in 2023 and potential responses to the end of energy bill support payments in April.
KPMG UK has announced that Paula Holland will take on the leadership of its Aberdeen office, as Martin Findlay retires following 31 years with the professional services firm. Ms Holland will take up the post of office senior partner from 3 April, leading 125 colleagues in the city. Ms Holl
New data has shown Scotland is making some progress, but still falling short on leading indicators of productivity. Looking at key productivity indicators including business investment, job vacancies and sick leave, the fourth annual edition of the CBI-KPMG Scottish Productivity Index meas
Looking forward to next week's budget announcement, Vishal Chopra writes on what to expect from the Spring Statement in the current economic climate. With snow forecast to fall across the central belt this week, spring isn’t quite in the air. Indeed, the months since the Autumn Statement have
KPMG UK has appointed Fiona Robertson as associate director within its corporate finance M&A team in Scotland. Ms Robertson joins the professional services firm from Azets, where she was director of corporate finance for the past two years.
Scotland’s mid-market businesses attracted a record amount of private equity during 2022, despite investment dipping across the rest of the UK, according to new analysis by KPMG UK. Over the course of the year 51 deals involving Scottish firms were completed, worth £3.5bn, reflecting a y