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
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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
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.
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.
Return to school shopping is not enough to stem the drop in Scottish retail sales in July, according to the latest Scottish Retail Consortium - KPMG Scottish Retail Sales monitor.
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
Scottish retail sales experienced a significant decline in June 2024, dropping by 3.6% compared to the same period last year.
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
Interpath Advisory, the UK restructuring firm formed from a KPMG spin-off in 2021, is in advanced talks to acquire KPMG's French restructuring division. This would be Interpath's most significant acquisition to date, with the French arm employing over 100 people, Sky News reports.