Kpmg

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KPMG has scrapped the early-Friday-finish perk it introduced for UK staff during the pandemic, becoming the latest large firm to roll back Covid-era benefits. The scheme, launched in 2021, allowed employees to take two and a half hours off each week through to the end of August to support wellbeing.

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Scottish GDP growth is expected to slow to 0.8% in 2026, down from 1.4% in 2025, as pressures from a new energy price shock push up inflation, weigh on spending and lead to potential further tightening, according to KPMG UK’s latest European Economic Outlook. Scotland’s growth rate point

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KPMG Australia chief executive Andrew Yates has resigned with immediate effect following the firm’s mishandling of whistleblower allegations concerning the widespread misuse of confidential client data. The departure of Mr Yates, alongside the resignation of audit and assurance head Julian McP

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KPMG’s US leadership team is conducting regular tours of Silicon Valley to identify and collaborate with early-stage artificial intelligence start-ups before they become large enough to disrupt the Big Four firm’s business. In an effort to accelerate technological adoption, US chief exec

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With around six months to go until all pension providers and occupational schemes must be connected to the UK's new MoneyHelper Pensions Dashboard, four in five (80%) UK adults remain unaware of the initiative, according to new research from KPMG UK. Awareness is lowest among those closest to retire

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The Financial Reporting Council (FRC) has closed its investigation into KPMG over the auditing firm's work on Entain, the owner of Ladbrokes. The probe, announced in January 2025, centred on Entain's financial statements for the year ended 31 December 2022. It followed significant legal troubles for

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KPMG is cutting nearly 600 jobs across its UK audit and advisory divisions as the Big Four firm grapples with sluggish market conditions and mounting cost pressures. Around 440 assistant manager roles in the audit business are at risk, out of a total of 590 positions identified for potential redunda

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Scottish retail sales ground to a halt in February 2026, with total sales recording no growth, flat at 0.0% compared with a 0.4% decline in the same month last year, according to the latest SRC-KPMG Scottish Retail Sales Monitor. The result fell below both the three-month average rise of 1.2% and th

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A partner at KPMG Australia has been fined AU$10,000 (c. £5,200) after being caught using artificial intelligence to cheat on an internal training module – ironically, one focused on the professional use of AI. The firm’s monitoring systems detected the individual uploading course

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Scottish retail started 2026 on a high note as total sales rose by 3.3% throughout January, a significant leap from the 1.5% growth recorded during the same period last year. This performance comfortably outpaced both the three-month and twelve-month averages. Even when adjusted for inflation, the s

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The Financial Conduct Authority (FCA) has confirmed the appointment of KPMG as the independent assessor responsible for evaluating proposals to establish a new standards-setting body for UK open banking APIs. This 12-week assessment is designed to identify which organisation is best positioned to le

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KPMG UK/Swiss Group has reported revenue of £3.6 billion for the year ended 30 September 2025, marking its first set of financial results since the merger of the two businesses in October 2024. The Big Four firm achieved overall sales growth of 2% and a significant 14% rise in pre-tax profit t

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