Kpmg

Nearly a third (29%) of senior leaders in the financial services sector in Scotland use generative AI at least once a day at work, according to new research from KPMG UK.

Nearly half of consumers (49%) in Scotland say they have cut non-essential spend in the first quarter of the year, according to new research from KPMG.

The US audit regulator, the Public Company Accounting Oversight Board (PCAOB), has fined KPMG Netherlands a record $25 million (around £20m) after it found that hundreds of the firm's staff, including senior partners and managers, cheated on professional exams.

Retail sales in Scotland have seen a 2.8% increase in the five weeks to 30 March 2024, buoyed by the early arrival of Easter. This growth is above the 3-month average increase of 2.1%, though below the 12-month average of 5.2%. Adjusted for inflation, the year-on-year growth stands at 1.5%.

A KPMG report has revealed that 115 Scottish companies received over £359 million in venture capital (VC) funding in 2023 – almost half the 2022 total. The Venture Pulse Survey shows this is a marked a decline from record levels seen in 2022 and 2021, which were £707m and &pou

Business leaders in Scotland’s financial services sector have expressed their confidence about business growth for the second quarter of 2024, according to new research from KPMG UK. The quarterly survey of senior executives working in the sector found that business confidence remains high, bu

KPMG has been fined £1.5 million by the Financial Reporting Council (FRC) for "serious failings" in its audit of prominent advertising agency M&C Saatchi.

Scottish retail sales were stunted in the first four weeks of 2024, according to the latest Scottish Retail Consortium (SCR) and KPMG Scottish Retail Sales Monitor.

Figures published today from KPMG UK’s Fraud Barometer, which records alleged fraud cases with a value of £100k and above, has shown the number of reported fraud cases outside of the London region rose to 183 cases in 2023, up from 172 in 2022. Within this, the Midlands had 37 cases reac

KPMG has announced its highest partner pay since 2007, with average pay reaching £786,000 in the year to September. This increase of 4% comes even as pre-tax profits experienced a decline of nearly a fifth, reaching £364 million.

Mid-market private equity investment activity in Scotland saw a slight slight dip compared to last year’s record high, according to KPMG UK’s latest Mid-market Private Equity report. The firm’s most recent M&A study has revealed that 42 transactions took place compared to 51 la

The COVID-19 pandemic has significantly accelerated the shift towards online banking in the UK, with a notable decline in physical visits to bank branches, according to new research from KPMG.

In a challenging conclusion to 2023, Scottish retailers faced a disappointing December as sales figures revealed a decline in real terms.

KPMG, the smallest of the Big Four accounting and consulting firms, reported an 8% growth in global sales in the financial year ending September 30, 2023, reaching $36.4 billion (around £29bn).

As Christmas 2023 approaches, Scottish retailers have been faced with a challenging trading environment, marked by a slowdown in sales growth, according to the KPMG-SRC Scottish Retail Sales Monitor.