Kpmg

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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

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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

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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

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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%.

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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

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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

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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

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Total UK fintech investment hit $7.3 billion in the first half of 2024, up from $2.5bn in the same period in 2023, according to KPMG’s latest Pulse of Fintech report, a bi-annual report on fintech investment trends published this week.

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Financial services leaders in Scotland are more positive about the sector’s future growth under the new government, according to KPMG’s latest UK Financial Services Sentiment Survey. The quarterly poll, which was conducted after the general election, tracks sentiment among over 150 leade

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Edinburgh-based biotech firm OGI Bio has beaten off competition from nine local tech startups to be crowned Scotland's Tech Innovator 2024 in KPMG's UK-wide competition. The microbiology and biotech firm was one of nearly 400 businesses that applied to the UK competition. They were then selecte

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