iLivestock has fended off competition from dozens of local tech startups to be crowned Scotland Tech Innovator as part of KPMG’s search for the UK’s most exciting tech businesses. The Rosyth-based firm, which has created an all-in-one management platform for sheep and cattle farmers, was
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Scottish economic growth could exceed the wider UK economy in 2026, according to KPMG’s latest European Economic Outlook. KPMG forecasts Scotland’s GDP will grow by 1.2% in 2026, slightly ahead of the 1.1% growth rate forecasted for the UK. The firm’s report predicts Scottish busin
KPMG UK and one of its audit partners, Nick Plumb, have been sanctioned by the Financial Reporting Council (FRC) following the discovery of "serious" breaches in the audit of London-listed agricultural supplies company Carr's Group. The FRC's investigation into the audit for the financial year endin
Venture capital (VC) investment into Scotland’s start-up and scaling businesses reached over £90 million in the opening quarter of 2025, according to the latest KPMG Private Enterprise Venture Pulse report. Twenty-six investments were concluded in the region, highlighting sustained appet
US President Donald Trump's proposed tariffs could cost the UK economy nearly £22 billion over the next two years, according to analysis by KPMG. The economists predict a potential US trade war would reduce UK economic output by 0.8% by 2027, leaving the country £21.6bn worse off and add
Business founders, investors and advisers from across Scotland gathered together at the latest No Diversity, No Deal event last night to demystify the scale-up process for female entrepreneurs.
KPMG executives are pushing for significant consolidation among its national partnerships, seeking to drastically reduce the Big Four firm's "economic units" from over 100 to just 32 by next year. This streamlining of operations and aims to enhance growth and represents a substantial acceleration of
KPMG UK has made three key appointments to its corporate finance team in Scotland, following a recent national award win. Samantha O’Neill has been promoted to M&A associate director, recognising her significant contributions over more than eight years with the firm. Having worked across b
Scottish retail sales saw a modest boost in January, with total sales up 1.5% compared to the same period last year.
Private equity (PE) investment in Scotland surged by over a third (35.6%) in 2024, reaching £9.4 billion, according to KPMG UK's latest Private Equity Review. The findings reflect a period in which the UK experienced a more stable economic climate, with interest rates and inflation falling; gr
The value of venture capital (VC) investment in Scottish start-ups increased 14% in the final quarter of 2024, according to KPMG’s latest Venture Pulse report. A total of £92.3 million was raised by the country’s start-ups from October to December, up from the £80.9m raised i
KPMG UK has appointed Natalie Macfadyen to lead the firm’s Aberdeen office. Ms Macfadyen, an R&D tax specialist, will oversee a team of 100 people at KPMG’s 1 Marischal Square premises in Aberdeen.
The Financial Reporting Council (FRC) has launched a probe into KPMG's audit of gambling giant Entain's 2022 accounts. Entain, which owns brands including Ladbrokes, Coral, and Bwin, paid a £615 million fine in 2023 as part of a deferred prosecution agreement relating to a bribery probe into i
KPMG has posted a 5.4% rise in global revenues to $38.4 billion (c. £30.5bn), outpacing its Big Four rivals in terms of revenue growth in the past year. The performance was driven by gains in audit, tax, and advisory services. Despite a slowdown in technology and M&A activity, KPMG's
Nine in 10 (90%) privately owned Scottish firms feel optimistic about their growth prospects as they head into 2025, according to KPMG UK. The Big Four firm's Private Enterprise Barometer survey captured insights from 1,500 private business owners across the UK, including 125 from Scotland, spa