Jim Tucker, David Pike and Mike Pink from KPMG’s restructuring practice have been appointed joint administrators of retail property company Intu Properties plc, the owner of the Braehead complex near Glasgow. The retail landlord had been in financial restructuring talks with lenders all of las
Kpmg
KPMG’s Aberdeen team has completed the first stage of its relocation to the multi-million pound Marischal Square development in Aberdeen.
Retail property company Intu, the owner of the Braehead complex near Glasgow, is bracing for administration as it appointed KPMG as a "contingency" in case funding talks fail.
RSM has expanded its Scottish audit team with the appointment of Katie Morrison as partner in the firm's Glasgow branch. Ms Morrison joins from KPMG where she worked as an audit director. She has over 18 years of experience working in corporate audit, ranging from owner manager to fully listed compa
Total sales in Scotland decreased by 27.6% compared with May last year, according to the Scottish Retail Consortium (SRC) & KPMG Retail Sales Monitor.
Blair Nimmo and Alistair McAlinden of KPMG have been appointed as joint administrators of Kast Retail Limited, which is the loss-making standalone division of the fashion retailer Quiz. The two were appointed joint administrators by the company's directors on June 10.
Scotland is facing the "most severe economic downturn in modern times" as the continuing impact of the coronavirus pandemic is expected to see the Scottish economy contract by 6.8% in 2020, according to KPMG UK’s latest quarterly Economic Outlook. The two Scottish local authority are
Blair Nimmo, head of restructuring at KPMG UK, details the ways in which Scottish businesses are facing uncertainty and liquidity issues in the current financial climate. In the current environment of dramatically falling consumer demand and great uncertainty, those running the UK’s businesses
BDO has taken over from KPMG as the auditor of Ted Baker. In January, Ted Baker reported that the value of inventory held on the group’s balance sheet at 26th January 2019 was overstated by £58 million, a number more than double the value of the £20-25m it initially suggested.
Yael Selfin, KPMG UK's chief economist, highlights how the UK needs to rethink the future of its cities in light of the current coronavirus pandemic. Recessions are usually a catalyst for change and the sharp economic downturn triggered by COVID-19 is bound to turn some things around. One of t
The Financial Reporting Council (FRC) has launched an investigation into KPMG and PwC over the audits of Eddie Stobart Logistics plc.
More than £35 million of Venture Capital (VC) was invested into Scottish start-ups in the first quarter of 2020, ahead of the UK’s COVID-19 lockdown, according to KPMG’s latest Venture Pulse survey. The figures, compiled by Pitchbook, reveal that eighteen deals were secured in Q1 2
Total sales in Scotland have plummeted by 40.3% compared with April last year, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.
KPMG has appointed James Kergon as its new senior partner to lead the firm’s Glasgow offices. In addition to overseeing KPMG’s largest Scottish base, Mr Kergon will continue in his role as head of deals in Scotland.
Eilidh Mactier, real estate associate at law firm CMS, details how diversification may shape the future of retailers and restaurants in Scotland after the coronavirus pandemic. Retailers and restaurants have been among the businesses hardest hit by the impact of COVID-19. The March 2