Over two thirds (68%) of private business owners in Scotland are confident in delivering growth in the second half of 2026, according to KPMG. At the start of 2026, KPMG's annual Private Enterprise Barometer surveyed 1,500 privately owned businesses across the UK, including 119 in Scotland, spanning
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Private businesses are continuing to invest in technology and skills to boost growth despite a more challenging economic backdrop, according to KPMG UK’s mid-year Private Enterprise Barometer.
Two of the UK's largest accountancy firms have introduced enhanced redundancy packages as they seek to reduce staff numbers following a slowdown in voluntary departures.
Credit card defaults have climbed to their highest level since the global financial crisis, according to the latest Bank of England data, as households continue to face mounting financial pressures.
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.
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
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
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
KPMG Glasgow has partnered with Nationwide to welcome Glasgow secondary school students into its city centre offices this week, giving them the chance to gain first-hand insight into the world of work.
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
Retail sales in Scotland fell sharply in March as anxious consumers reined in spending amid growing concerns over the Middle East crisis and the threat of rising energy prices and inflation.
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
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
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
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
