Kpmg

KPMG has entered discussions to merge its UK and Swiss operations in a move that could significantly impact the firm's growth and profitability.

The 12,000 KPMG staff in Britain who have not been promoted will not benefit from a pay rise this year as the firm tightens its belt in reaction to a fall in demand for its services. Senior partners at the Big Four firm have been informing teams in recent weeks that their pay will be frozen unless t

Vishal Chopra, head of tax for KPMG UK in Scotland, discusses the expected fiscal measures in tomorrow's Autumn Statement, highlighting the economic challenges and potential tax policy changes in both the UK and Scotland. The Autumn Statement looks set to be as gloomy as the current economic ou

Venture capital investment in Scottish start-ups has surged in Q3 of 2023, with a total of 28 deals amounting to £202 million, according to KPMG’s latest Venture Pulse report. This marks the highest quarterly value since Q2 2022 when £325m was recorded over 45 deals. The rebound co

KPMG UK's partnership ranks have dwindled to less than half the size of its rival PwC's, with a 7% decrease in equity partners over the past year.

Scottish retailers have faced a daunting start to the crucial festive period, with total sales rising a modest 2.9% in October 2023 compared to the same month last year, falling below both the three-month and twelve-month average increases.

Amid a challenging economic backdrop and a slump in the deals market, KPMG has announced it is instituting new austerity measures within its UK operations. The firm is set to slash around 110 positions in its deal advisory department, constituting approximately 7% of the sector's nearly 1,700 person

Scotland has witnessed superficial growth in retail sales, increasing by 6.1% in the five weeks leading up to 30 September 2023, compared to the same period in 2022, slightly down from the previous year’s 6.5% growth. However, when adjusted for the prevalent inflation, with both the SPI and CP

KPMG has been slapped with a record £21 million fine by the Financial Reporting Council (FRC) over its mishandling of the audits for Carillion, the government contractor that collapsed in 2018.

The business landscape has entered a state of rapid change and uncertainty, primarily influenced by geopolitics, according to KPMG’s annual survey of more than 1,300 CEOs – 150 in the UK – of the world’s largest businesses.

A total of 86 graduates and apprentices are set to join KPMG’s ranks in Scotland this year, taking up roles at the firm’s offices in Aberdeen, Edinburgh, and Glasgow.

KPMG UK invited young people into its offices throughout September as part of its new initiative 'Opening Doors to Opportunity'.

High interest rates, continued uncertainty and low productivity could see the UK struggle to keep its head above water in the second half of the year – with GDP growth forecast at 0.4% in 2023 and 0.3% in 2024, according to KPMG’s latest UK Economic Outlook.

Scottish retail sales for August displayed a sluggish performance, growing only 5.6% compared to the same period last year, falling short of the 3-month average increase of 7.5% and the 12-month average growth of 8.5%. When adjusted for inflation, the figures reveal a year-on-year decline of 1.3%.

Private equity investment in Scotland’s mid-market businesses cooled in the first half of 2023 as market volatility and tough trading conditions took hold, according to the latest analysis by KPMG UK. The firm’s latest Mid-Market Private Equity report found that 21 deals worth £2.2