Kpmg

Scottish retailers are still waiting for a return to pre-pandemic trading as total retail sales in Scotland increased by 7.4% compared with July 2020 when they had decreased by 8.3% year-on-year.

The Financial Reporting Council (FRC) has fined KPMG £13 million for its audits of Silentnight from August 2010 to April 2011. The accountancy regulator has announced sanctions against the Big Four firm and David Costley-Wood, formerly a partner and head of KPMG Manchester Restructuring.

KPMG has appointed James Kergon as Scotland senior partner to lead the business advisory firm nationally. Mr Kergon is responsible for a team of more than 1,300 people across KPMG’s offices in Glasgow, Edinburgh and Aberdeen, with a remit to drive the firm’s growth in Scotland.

Scotland has recorded ten high-value fraud cases during the first half of 2021, as logistical challenges for the country’s justice system begin to ease. The latest data from KPMG’s Fraud Barometer report reveals ten cases of alleged fraud took place, valued at over £2.5 million, in

The Financial Reporting Council (FRC) is seeking a £15 million fine against Big Four audit firm KPMG after a draft tribunal report highlighted misconduct in its sale of Silentnight to private equity firm HIG. The accountancy regulator is also pursuing a fine of at least £500,000 against

The lifting of restrictions and a positive outlook for manufacturers and oil and gas businesses in 2021 will spark a stronger than previously projected lift-off for the Scottish economy this summer, according to the latest analysis in KPMG’s UK Economic Outlook. Scotland’s GDP will grow

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.