Kpmg

The Financial Reporting Council (FRC) has ordered the UK's Big Four accountancy firms to separate their audit practices by June 2024. The FRC has outlined a set of principles for the operational separation of audit functions within PwC, Deloitte, KPMG and EY. The watchdog has ruled that the four&nbs

Elevate Credit International Limited (ECIL), a payday lender which sold loans under the Sunny brand, has gone into administration in the UK with Ed Boyle and David Pike of KPMG appointed as administrators of the firm. The lender has blamed its financial difficulties on the coronavirus pandemic, as w

Jim Tucker, David Pike and Mike Pink from KPMG’s restructuring practice have been appointed joint administrators of retail property company Intu Properties plc, the owner of the Braehead complex near Glasgow. The retail landlord had been in financial restructuring talks with lenders all of las

KPMG’s Aberdeen team has completed the first stage of its relocation to the multi-million pound Marischal Square development in Aberdeen.

Retail property company Intu, the owner of the Braehead complex near Glasgow, is bracing for administration as it appointed KPMG as a "contingency" in case funding talks fail.

RSM has expanded its Scottish audit team with the appointment of Katie Morrison as partner in the firm's Glasgow branch. Ms Morrison joins from KPMG where she worked as an audit director. She has over 18 years of experience working in corporate audit, ranging from owner manager to fully listed compa

Total sales in Scotland decreased by 27.6% compared with May last year, according to the Scottish Retail Consortium (SRC) & KPMG Retail Sales Monitor.

Blair Nimmo and Alistair McAlinden of KPMG have been appointed as joint administrators of Kast Retail Limited, which is the loss-making standalone division of the fashion retailer Quiz. The two were appointed joint administrators by the company's directors on June 10.

Scotland is facing the "most severe economic downturn in modern times" as the continuing impact of the coronavirus pandemic is expected to see the Scottish economy contract by 6.8% in 2020, according to KPMG UK’s latest quarterly Economic Outlook. The two Scottish local authority are

Blair Nimmo, head of restructuring at KPMG UK, details the ways in which Scottish businesses are facing uncertainty and liquidity issues in the current financial climate. In the current environment of dramatically falling consumer demand and great uncertainty, those running the UK’s businesses

BDO has taken over from KPMG as the auditor of Ted Baker. In January, Ted Baker reported that the value of inventory held on the group’s balance sheet at 26th January 2019 was overstated by £58 million, a number more than double the value of the £20-25m it initially suggested.

Yael Selfin, KPMG UK's chief economist, highlights how the UK needs to rethink the future of its cities in light of the current coronavirus pandemic.  Recessions are usually a catalyst for change and the sharp economic downturn triggered by COVID-19 is bound to turn some things around. One of t

The Financial Reporting Council (FRC) has launched an investigation into KPMG and PwC over the audits of Eddie Stobart Logistics plc.

More than £35 million of Venture Capital (VC) was invested into Scottish start-ups in the first quarter of 2020, ahead of the UK’s COVID-19 lockdown, according to KPMG’s latest Venture Pulse survey. The figures, compiled by Pitchbook, reveal that eighteen deals were secured in Q1 2

Total sales in Scotland have plummeted by 40.3% compared with April last year, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.