Staff at Big Four accountancy firm EY will be allowed to work from home for at least two days per week after all coronavirus restrictions are eased. Yesterday, EY told UK employees that 17,000 staff would shift to a “hybrid working model” that mixed home and office working once social-di
Litigation Capital Management (LCM) has agreed to back a £250 million negligence claim against KPMG for its audits of Carillion. The litigation funder said it would fund a High Court claim brought by the liquidator of the collapsed contractors entities.
KPMG UK has launched a ‘four-day fortnight’ as part of a package of measures designed to offer greater flexibility, choice and support to its people.
KPMG has completed the sale of its UK Restructuring practice, now known as Interpath Advisory, to H.I.G. Europe, the European affiliate of H.I.G. Capital, LLC. The sale of the business, which sees circa 528 staff and 22 partners transferring to Interpath, enables KPMG to accelerate its programme of
KPMG has appointed Rob Aitken as the new director of its transaction services team as it eyes post-lockdown growth across its Scottish offices. Mr Aitken will be based at the firm’s new city centre offices in Aberdeen, providing support to a range of clients including energy firms as they navi
Venture Capital (VC) investment in Scotland’s scale-up – or fast-growth - businesses slowed down in the first quarter of 2021, according to the latest figures from KPMG. The latest KPMG Venture Pulse Survey reveals there were 21 VC deals in Scotland between January and March this year, d
Scotland’s family businesses have been among the most impacted in the world by the pandemic according to KPMG's Global Family Business report.
Big Four audit firm KPMG has announced that it is closing one of its Manchester offices signalling a permanent shift to home working in the wake of the coronavirus pandemic. KPMG said that it did not intend to renew the lease at its technology centre as it shifted to a “hybrid working” m
Total sales in Scotland decreased by 13.8% on a 2-year basis compared with March 2019, according to the latest Scottish Retail Consortium (SRC) & KPMG Scottish Retail Sales Monitor.
KPMG has promoted 53 people across its Scottish offices as it plans for post-lockdown growth. The firm, which employs more than 1,200 people in Scotland, has promoted 14 assistant managers, 25 managers, 11 senior managers and three new directors including; audit director, Madeline Grant and FS consu
KPMG has launched its annual search for Scotland’s top tech innovator which has seen previous winners such as Echo and What3Words go on to become household names. The competition, which follows the success of KPMG’s long-running Best British Tech Pioneer competition, is open to scaleup b
KPMG has appointed Chris Smith as its new private client tax director in Scotland. Mr Smith will lead a team of dedicated personal tax advisers, focusing on private wealth and shareholder tax advice – helping clients to grow and protect their wealth in turbulent times.
The board of KPMG UK has nominated Jon Holt, the firm's current UK Audit, as its nominee for the role of chief executive. The decision follows an extensive nominations process that included interviews with potential candidates, a rigorous, independent assessment and undertaking partner views through
Scotland’s economy could completely regain lost ground within the next two years and outpace the UK-wide average, according to the latest economic forecasting from KPMG. KPMG estimated the country’s economy took a 9.6% hit in 2020, broadly in-line with forecasts, as the pandemic impacted
Scottish retail sales saw a slight recovery in February although still at a decline of 24.3% on a Total basis, which was up from the recent low seen in January, according to the latest Scottish Retail Consortium & KPMG Scottish Retail Sales Monitor.