KPMG UK and the liquidators of Carillion have reached a settlement agreement, putting an end to the £1.3 billion legal claim against the professional services giant.
The number of alleged fraud cases over £100,000 being heard in Scottish courts rose significantly last year, according to KPMG UK’s latest bi-annual Fraud Barometer. A total of 24 cases totalling £17.4 million reached Scottish courts in 2022, up from 2021, when 16 cases worth &poun
KPMG UK has reported a 16% rise in revenue from £2.35 billion to £2.72bn, with profit before tax increasing from £436 million to £449m, in today's published annual results for the financial year ended 30 September 2022.
Last year some of Scotland's most promising businesses received £705 million of venture capital (VC) investment, the largest amount on record, according to KPMG’s latest Venture Pulse Survey.
New research has revealed that nearly half (47%) of Scottish consumers plan to spend less on gifts in 2023 — with the most common choice of product chosen being something that brings practical help to the recipient. With the cost-of-living crisis set to see two-thirds of consumers reducin
Two-thirds of Scots plan to reduce their non-essential spending in 2023, according to research released by KPMG.
KPMG has announced the appointment of 63 colleagues in the firm's tax and legal arms to the positions of director or partner. These announcements at the professional services firm come as part of several others including 108 new partners (including 26 in tax and legal), seven associate partners and
Socio-economic background has the strongest effect on an individual’s accountancy career progression, compared to any other diversity characteristic, according to new research published by KPMG UK.
Expert analysis has shown the UK economy will shrink by 1.3% in 2023, amidst a relatively shallow but protracted recession, and will be followed by a partial recovery in 2024, which could see GDP rise by 0.2%. According to KPMG’s latest UK Economic Outlook, elevated inflation and rising intere
Belated festive spending has increased retail sales in Scotland in the four weeks to the 26th of November, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.
The majority of UK equity capital markets leaders (72%) expect to see the UK IPO market make a broad return in the second half of 2023, according to a new survey from KPMG UK. Almost one in three expect to see some bursts of early IPO activity in the first half of 2023, with these views being shared
KPMG has announced the promotion of ten colleagues to director across its three Scottish offices. The new appointments, effective from 1 December, come across key capability areas for the professional services firm and reflect its continued investment in its people.
James Kergon discusses the possibilities for a fulfilling and successful career in Scotland. Some may remember a lager advert from the 1990s which featured a browbeaten young Scottish professional sick of the London rat race. After coming to a profound realisation while packed into an office lift on
KPMG has settled a claim with Watchstone Group, formerly known as Quindell, for £4.95 million. Watchstone group announced the settlement yesterday in a regulatory filing. KPMG has not commented further than confirming a settlement has been reached with Watchstone Group.
Investments in fast-growth Scottish businesses cooled slightly over the summer as economic challenges and an impending global recession saw investors take a more cautious approach, according to KPMG’s latest Venture Pulse Survey. Scotland’s scale ups attracted £117m of venture capi