Kpmg

The Cabinet Office has threatened to ban KPMG from bidding for government contracts if it does not improve its audit standards. The Financial Times reported that the department wrote to KPMG warning that the action would be taken if the firm could not guarantee that there would be no further miscond

KPMG has told its UK auditors that it expects them to be in the office or at client sites four days a week in the future. Catherine Burnet, KPMG’s head of audit in the UK, informed UK employees in an email last week that client-facing staff should now be working at least two days a week either

KPMG UK has today confirmed that following a partnership vote, Bina Mehta has been elected with overwhelming support to continue in the role as Chair until the end of February 2024. Bina was appointed as non-executive UK chair in February 2021, following the firm’s move to a new governance mod

The liquidators of Carillion have launched a potential £250 million legal claim against KPMG - the former auditor of the collapsed contractor. The Official Receiver, the government agency in charge of liquidating Carillion, submitted a High Court legal claim against the firm on Friday. Full de

The return of Halloween has failed to lift retail figures, as total sales in Scotland increased by just 2.0% compared with October 2020, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.

Global Venture Capital (VC) investors deployed record amounts of money into Scottish scaleups over the summer, with more than £197 million raised according to Venture Pulse, a quarterly report published by KPMG Private Enterprise. The research, published using data supplied by PitchBook, recor

Scottish Enterprise has commissioned an ambitious international collaboration project called ‘Scot2Ger’ led by industry and supported by the public sector to explore future export opportunities for Scotland’s green hydrogen. The project, led by ScottishPower, Wood, KPMG Germany and

KPMG UK has appointed 12 new directors across its Scottish offices amid a promotions round that sees 98 employees in new roles. Catriona Donald, Gordon Gray, Scott McCrorie, Paul Mulcare and Susan Thom have been appointed directors within KPMG’s tax and legal function.

Total retail sales in September continue to perform below pre-pandemic levels, with sales down 9.1% compared with September 2019, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.

Former third sector chief executive Mark O’Donnell has joined KPMG UK’s Infrastructure Government and Healthcare (IGH) team as a senior manager. Mr O’Donnell joins the firm from the Sight Scotland Group where he was chief executive, recently leading a significant restructuring prog

David Costley-Wood, the former head of KPMG Manchester restructuring, "advanced an untruthful defence" at a disciplinary hearing into KPMG's misconduct in the sale of Silentnight, according to the Financial Reporting Council's (FRC) Independent Disciplinary Tribunal. Last month, KPMG was fined

Partners at KPMG have voted to receive lower pay packets than partners at rival firms, opting to reinvest more profits back into the company. KPMG's UK partners have agreed to reduce the minimum level of profits distributed to partners from 90% to 75%.

Scottish cities including Glasgow, Edinburgh and Aberdeen could see employment rise by 5-7% as a result of increased availability of office space in the wake of COVID-19, according to a new report by KPMG. Covid-19 has triggered a shift in the way people work, interact, and shop. As businesses in so

The lifting of coronavirus restrictions has been dubbed a 'let down' as Scottish total retail sales in August continued to perform below pre-pandemic levels.

Big Four accountancy firm KPMG is aiming for 29% of its partners and directors to come from working class backgrounds by 2030. The target comes as the firm published its socio-economic background pay gaps for the first time as part of the firm’s Environmental, Social and Governance plan: Our I