Kpmg

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Amid a challenging economic backdrop and a slump in the deals market, KPMG has announced it is instituting new austerity measures within its UK operations. The firm is set to slash around 110 positions in its deal advisory department, constituting approximately 7% of the sector's nearly 1,700 person

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High interest rates, continued uncertainty and low productivity could see the UK struggle to keep its head above water in the second half of the year – with GDP growth forecast at 0.4% in 2023 and 0.3% in 2024, according to KPMG’s latest UK Economic Outlook.

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Scottish retail sales for August displayed a sluggish performance, growing only 5.6% compared to the same period last year, falling short of the 3-month average increase of 7.5% and the 12-month average growth of 8.5%. When adjusted for inflation, the figures reveal a year-on-year decline of 1.3%.

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Private equity investment in Scotland’s mid-market businesses cooled in the first half of 2023 as market volatility and tough trading conditions took hold, according to the latest analysis by KPMG UK. The firm’s latest Mid-Market Private Equity report found that 21 deals worth £2.2

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The volume of venture capital (VC) invested into Scotland’s start-ups has dropped significantly in the second quarter of 2023 as the deals market continues to experience a slowdown, according to KPMG’s latest Venture Pulse report. During the second quarter of the year, 28 deals totalling

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Scottish retail sales witnessed a sharp decline in July, with factors including inclement weather and unfavourable economic conditions weighing heavily on the industry, as per data from the Scottish Retail Consortium (SRC). July's sales showed a modest growth of 4.6% compared to July 2022, but this

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Scotland stands out with 37% of its local areas tagged as High Investment Areas, suggesting strong future growth in business investments, according to a new quarterly economic study from KPMG UK and the University of Nottingham. This figure exceeds the UK average, where only 22% of areas receiv

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