Blair Nimmo and James Lumb from KPMG’s restructuring practice have been appointed joint administrators of Dumfries-based Penman MW Ltd, trading as Penman Engineering. So far, 44 employees have been made redundant, with the remaining 17 members of staff being retained to assist the administrati
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Retail sales over the two months of November and December, outside of the Black Friday distortions, decreased by 0.9% according to the Scottish Retail Consortium (SRC) - KPMG Scottish Retail Sales Monitor.
The Financial Reporting Council (FRC) has revealed it will need at least another six months to investigate KPMG’s auditing of collapsed construction and services firm Carillion due to the scale and complexity of the case.
Students from a Glasgow primary school were treated to a VIP visit to Scottish Ballet’s headquarters thanks to KPMG UK.
KPMG has cut the average pay of each of its 621 equity partners by £52,000 after the firm experienced a decline in profits. The average pay for KPMG's partners fell by £52,000 to ££549,000 last year. This amount is lower than that for partners at the other Big Four firms. Del
Retail sales have seen some festive growth side from Black Friday sales distortions, according to the Scottish Retail Consortium (SRC) and KPMG.
KPMG has announced the launch of an apprenticeship programme in Scotland designed specifically for the next generation of auditors. The professional services firm’s first ‘audit only’ apprenticeship has 9 vacancies up for grabs to school leavers across its three Scottish offices (A
Challenger accountant BDO has rivalled The Big Four accountancy companies as it has taken on nine FTSE 250 audit clients this year. BDO's expanded client base comes as 'The Big Four' (Deloitte, PwC, EY and KPMG) increase their fees and cast off risky customers.
Administrators Blair Nimmo and Alistair McAlinden from KPMG have confirmed Watt Brothers’ flagship store will close next week. As the store enters its final week of trading ahead of its closure on Sunday 15th December 2019, discounts of up to 70% have been applied on all remaining stock.
KPMG has announced plans to relocate to the multi-million pound Marischal Square development in Aberdeen, as it eyes further growth in the city. The leading professional services firm will relocate from its current base in Albyn Place to the new city centre location in the Spring.
KPMG’s family business leader Kirsty Ross discusses how succession dominates the agenda for Scotland’s family-owned businesses. They’re increasingly dubbed ‘the backbone’ of the Scottish economy. Scotland’s family-owned businesses contribute billions, with at leas
Scotland’s largest publically listed companies are making good progress on boardroom gender balance, but more needs to be done, according to a new report by KPMG. The latest findings from the Hampton-Alexander review, which monitors the gender balance in all FTSE 350 businesses, reveal half of
Administrators Blair Nimmo and Alistair McAlinden from KPMG have announced further discounts at the flagship store of Scottish retailer Watt Brothers, as it enters its final weeks of trading. The fourth-generation family-owned business operated a chain of department stores throughout Scotland, befor
Business confidence within the oil and gas sector has increased with 43% of contractors reporting a rise in production activity, up from 28% 12 months ago, according to the 31st Oil & Gas survey conducted by Aberdeen & Grampian Chamber of Commerce. The survey of 90 UK firms employing ar
More than half of Scottish car buyers are reluctant to go electric over fears about the distance a car can travel on one charge, according to new research from KPMG. A total of 67% of motorists north of the border say ‘range anxiety’ is the biggest disadvantage holding them back from mak