Kpmg

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

Insolvency practitioners across Scotland are preparing for an upsurge of insolvencies stemming from the economic impact of the coronavirus pandemic which is likely to accelerate the demise of companies that were struggling in any event. And they are warning that cash will be king in the coming reces

KPMG has bolstered its infrastructure, government and healthcare management consulting team in Scotland with the appointment of David Grimson as director. Mr Grimson will focus on supporting public sector clients to improve how they operate, use technology and data to better deliver positive outcome

Blair Nimmo and Geoffrey Jacobs of KPMG were appointed as joint administrators of Central Building Contractors (Glasgow) Limited yesterday. Established in 1971, CBC is a privately owned, family-run Scottish construction company, providing a range of construction design, development and maintenance s

Catherine Burnet, a chartered accountant and the regional chair for KPMG in Scotland, has been appointed as the new President of the Institute of Chartered Accountants of Scotland (ICAS) for 2020/21. Mr Burnet, who is also a member of the Financial Services Advisory board to Scottish Government, was

KPMG is forecasting negative GVA (Gross Value Added) in Scotland of at least 8.1% in 2020, as the full economic cost of COVID-19 becomes increasingly clear. The analysis, which is based on the sectoral makeup of Scotland, predicts a significant drop this year, followed by a potential GVA growth in 2

Scottish retail sales have declined by 13.0% compared with March last year, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor. 

BDO is the latest major accountancy firm to announce cuts to partners remuneration and the furlough of staff with the firm decreasing partner pay by a fifth amid the coronavirus pandemic. BDO, which is the fifth-largest accounting group in Britain by revenues, told its 5,500 employees yesterday

The UK retail sector suffered its worst March on records as sales plummetted amid the coronavirus pandemic, according to the latest British Retail Consortium (BRC) and KPMG Retail Sales Monitor.

Partners at the UK's biggest accountancy firms will have their payouts slashed by hundreds of thousands of pounds this year as the sector prepares to face a huge crash in revenues amid stemming from the coronavirus outbreak. Yesterday, partners at BDO agreed to cut partner pay by up to 25% in a bid

The Financial Reporting Council (FRC) has imposed sanctions against KPMG, ordering the audit firm to pay £700,000 for audit quality breaches. The watchdog has imposed the sanctions against KPMG and Nicola Quayle, the former senior partner for KPMG's Manchester office, in relation to the statut

KPMG has been appointed as administrators of Glasgow-based fabric and soft-furnishing company Remnant Kings Central Limited. Blair Nimmo and Alistair McAlinden were appointed as joint administrators of the firm yesterday.

The impact of the COVID-19 virus is expected to see the UK economy contract by 2.6% in 2020, according to KPMG UK’s latest quarterly Economic Outlook. However, the accountancy firm has warned that a protracted outbreak could result in a more severe impact than the downturn experienced in

The joint administrators of the Beales department store chain, Will Wright and Steve Absolom from KPMG, have confirmed that all remaining Beales stores, including Perth, will close today. While this is two weeks ahead of the administrators’ original schedule, the impact of Covid-19 on the reta

Poor weather across Scotland has decreased retail demand in Scotland, according to the Scottish Retail Consortium and KPMG Scottish Retail Sales Monitor for February 2020.