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
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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
Scotland’s financial services industry is under pressure to advance social mobility, as highlighted at a roundtable event spearheaded by KPMG UK, in collaboration with Scottish Financial Enterprise (SFE) and Progress Together. The session convened at KPMG’s Edinburgh office on 17 August,
The volume of venture capital (VC) invested into Scotland’s start-ups has dropped significantly in the second quarter of 2023 as the deals market continues to experience a slowdown, according to KPMG’s latest Venture Pulse report. During the second quarter of the year, 28 deals totalling
Scottish retail sales witnessed a sharp decline in July, with factors including inclement weather and unfavourable economic conditions weighing heavily on the industry, as per data from the Scottish Retail Consortium (SRC). July's sales showed a modest growth of 4.6% compared to July 2022, but this
Scotland stands out with 37% of its local areas tagged as High Investment Areas, suggesting strong future growth in business investments, according to a new quarterly economic study from KPMG UK and the University of Nottingham. This figure exceeds the UK average, where only 22% of areas receiv
Aberdeen-based company Leap Automation has secured third place in KPMG's UK Tech Innovator competition 2023. The prestigious competition, which attracted close to 400 applications and culminated in a national final at KPMG’s new Ignition North centre in Manchester, celebrated outstanding contr
KPMG UK has provided greater support to its graduate training programme, driven by the necessity to overcome the detrimental impacts of COVID-19 lockdowns on the professional development of its Gen Z recruits.
Leap Automation has been announced as the Scottish champion of KPMG's annual UK Tech Innovator competition, which shines a spotlight on the game changers, difference makers and tech titans of tomorrow. The Aberdeen-based business won for its ground-breaking use of artificial intelligence (AI) and ma