Kpmg

Scottish retail sales saw a modest boost in January, with total sales up 1.5% compared to the same period last year.

Private equity (PE) investment in Scotland surged by over a third (35.6%) in 2024, reaching £9.4 billion, according to KPMG UK's latest Private Equity Review. The findings reflect a period in which the UK experienced a more stable economic climate, with interest rates and inflation falling; gr

The value of venture capital (VC) investment in Scottish start-ups increased 14% in the final quarter of 2024, according to KPMG’s latest Venture Pulse report. A total of £92.3 million was raised by the country’s start-ups from October to December, up from the £80.9m raised i

KPMG UK has appointed Natalie Macfadyen to lead the firm’s Aberdeen office. Ms Macfadyen, an R&D tax specialist, will oversee a team of 100 people at KPMG’s 1 Marischal Square premises in Aberdeen.

The Financial Reporting Council (FRC) has launched a probe into KPMG's audit of gambling giant Entain's 2022 accounts. Entain, which owns brands including Ladbrokes, Coral, and Bwin, paid a £615 million fine in 2023 as part of a deferred prosecution agreement relating to a bribery probe into i

KPMG has posted a 5.4% rise in global revenues to $38.4 billion (c. £30.5bn), outpacing its Big Four rivals in terms of revenue growth in the past year. The performance was driven by gains in audit, tax, and advisory services. Despite a slowdown in technology and M&A activity, KPMG's

Nine in 10 (90%) privately owned Scottish firms feel optimistic about their growth prospects as they head into 2025, according to KPMG UK. The Big Four firm's Private Enterprise Barometer survey captured insights from 1,500 private business owners across the UK, including 125 from Scotland, spa

UK job vacancies have fallen at their fastest rate since the start of the pandemic, with businesses facing slumping confidence, rising costs, and weakening consumer demand. The KPMG and REC, UK Report on Jobs survey, compiled by S&P Global, signalled a further deterioration of UK labour market c

Sales rose during Black Friday week as Scottish shoppers embraced deals both online and in-store, providing a much-needed boost to retailers. The Scottish Retail Consortium (SRC) has published data on shopping patterns on the Black Friday week (Sunday to Saturday sales figures) compared to the equiv

Scottish retail sales experienced a 3.3% decrease compared to November 2023, when they had grown 2.6%. This was below the 3-month average decrease of 0.1% and below the 12-month average growth of 0.5%. Adjusted for inflation, there was a year-on-year decrease of 2.3%.

Vishal Chopra, who took over from James Kergon as senior partner for KPMG in Scotland, has revealed a new-look senior leadership team. Mr Chopra now oversees a team of more than 900 people across KPMG’s offices in Glasgow, Edinburgh and Aberdeen. He stepped into the role after having most rece

New research released today by KPMG has revealed boosting their savings would be a top priority if the impact of the cost-of-living crisis was to ease. KPMG UK’s Consumer Pulse survey gauged the quarterly confidence and buying behaviour of 3000 UK consumers across regions, ages and income grou

UK chief executives see implementing generative AI (GenAI) as an opportunity to change the nature of work and create highly skilled workforces without reducing the number of jobs in the market, according to KPMG. In its 10th annual CEO Outlook survey, KPMG spoke to more than 1,300 CEOs around the wo

Twenty-three Scottish businesses have attracted over £85 million in venture capital funding during the second quarter of 2024, defy the broader UK investment trend, according to KPMG. The latest KPMG Private Enterprise Venture Pulse report has showed that companies from across the region

KPMG UK has been awarded a government contract worth up to £223 million to provide training and development services to civil servants across Whitehall. This represents the second-largest public sector contract ever granted to the Big Four firm.