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
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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.
The Scottish Council for Development and Industry (SCDI) is engaging in talks with KPMG over a company voluntary arrangement (CVA) due to an expected shortage of cash to cover its pension commitments. The business group has written to its members warning them of imminent correspondence from Howard S
KPMG has confirmed that it has signed an unconditional agreement to sell its market-leading UK Restructuring practice to Interpath Advisory, a newly-formed company which is backed by H.I.G. Europe, the European affiliate of H.I.G. Capital, LLC. KPMG listed the division for sale last year because of
The Scottish business community has largely welcomed Chancellor Rishi Sunak's 'Budget for recovery' which extended the furlough scheme, froze income tax rates for five years and increased corporation tax to 25%. The Chancellor announced that the increase in corporation tax would not take effect
Vishal Chopra, KPMG’s head of tax in Scotland, has predicted the outcomes of the upcoming UK Budget. Mr Chopra said as well as addressing current levels of unemployment, GDP, and the budget deficit, the Chancellor is likely to have one eye on the levelling up agenda, ensuring that the City of
KPMG has revamped its governance structure after losing its chairman and senior partner Bill Michael after it was alleged that he made controversial comments during a video conference earlier this month. The Big Four firm announced it will split the roles of UK chairman and chief executive tha
KPMG is close to selling its restructuring arm to private equity firm HIG Europe as part of a deal that could see a former head of Deloitte run the newly separated business. HIG Europe is in exclusive talks to buy the Big Four firm's restructuring operation for about £400 million.
The number of women on FTSE boards has increased by 50% in the last five years, according to the newly released Hampton-Alexander Review.
Scottish retail sales slumped further in January towards the depths last seen during the previous nationwide lockdown in spring last year, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor. Total sales in Scotland decreased by 27.9% compared with January
Bill Michael, the chairman of KPMG UK, has stepped down while the firm investigates “alleged comments” he is said to have made during an online meeting with staff. Yesterday, Scottish Financial News reported that Mr Michael apologised after receiving backlash for allegedly telling s