KPMG has promoted six colleagues to partner and 96 other colleagues to new positions in Scotland, demonstrating the firm’s continued development and investment in its people. Grant Archer, Terri Costello, Ann Devine, Susan Dunlop, Slim Gueddana and David McKay, all became partners of the profe
More than 8 out of 10 Global and UK CEOs anticipate a recession over the next 12 months, according to new research from KPMG. The KPMG 2022 CEO Outlook asked more than 1,300 CEOs at the world’s largest businesses about their strategies and outlook – including 150 in the UK – reveal
New research published by KPMG has revealed how the rising cost of living has impacted household budgets so far this year, and the steps consumers are taking to manage rising prices. In early September, KPMG surveyed 3000 UK consumers of varying household incomes, finding that essential household co
Total UK fintech investment dropped to $9.6 billion in the first half of 2022, down almost threefold (65%) from $27.8 billion in the same period in 2021, according to KPMG’s Pulse of Fintech report.
The number of alleged fraud cases exceeding £100,000 has risen dramatically in the first half of 2022, according to KPMG UK’s latest fraud barometer. A total of 14 cases with a total value of £14 million reached Scottish courts in the first six months of the year &nd
Private equity investment in Scotland’s mid-market businesses has surpassed pre-pandemic levels after £2 billion was spent in the first six months of 2022, according to the latest analysis by KPMG UK. 35 private equity deals worth £2.1bn were recorded in the six months to June - th
The British Retail Consortium (BRC) and KPMG released research reporting a 2.3% increase in sales in July (on a total basis), a 1.6% like-for-like basis increase from July 2021. Although there is an increase in sales, volume is down. This is attributed to rising inflation and households cutting back
KPMG has resumed bidding for large government contracts after having taken itself out of the running amid a series of accountancy scandals. In December last year, Scottish Financial News reported that the Big Four firm pulled out of bidding for public contracts after the Cabinet Office threatened to
Fast-growth businesses in Scotland attracted over half a billion pounds of venture capital (VC) investment in the first half of 2022, according to the latest figures from KPMG UK. Despite investors becoming more cautious globally, there were 45 investments completed in Q2 2022, raising over &po
KPMG has been fined £20 million by the Financial Reporting Council (FRC) for its audits of Carillion and Regenersis. The £20m fine, which is the largest the big four firm has received in the UK, is part of sanctions for misconduct of audits carried out by KPMG for Carrilion and Regenersi
Vishal Chopra, head of tax for Scotland at KPMG UK, discusses the potential future tax plans at Westminster. Whoever becomes the UK’s next Prime Minister, it seems certain that tax will play a huge role in setting the tone for their premiership. Everything we’ve heard from the Tory candi
Two fast growth businesses from Scotland have been shortlisted to pitch to industry experts as part of KPMG’s global search for the UK’s next tech disruptor. Novosound, an ultrasound imaging firm, was crowned the winner of KPMG UK’s Emerging Giants Tech Innovator Scottish heat in G
With inflation having reached a 40-year high, fears of a recession have been all but confirmed, according to KPMG's latest UK economic outlook report.
Over 200 KPMG UK colleagues in Aberdeen, Edinburgh and Glasgow took part in two of the firm’s charitable ‘Big Walks’ last week in support of charity partner Marie Curie, the end-of-life charity. The Big Walks took place in Aberdeen on Thursday 16 June and Falkirk on Friday 17 June
KPMG UK has announced its alliance with Alteryx, the analytics automation company, as part of the firm’s continued technology strategy to invest in technology to automate the firm’s solutions and help clients accelerate data-driven business transformations. KPMG and Alteryx will combine