The number of Scottish workers earning less than the real Living Wage in Scotland has dropped by 13% in the last year, exceeding the decline seen across the UK as a whole (10%), according to analysis from KPMG. An estimated 380,000 people north of the border currently earn below the threshold of &po
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KPMG UK has promoted 84 people across its five Scottish offices as it prepares for further growth. After announcing its Aberdeen promotions last week, the firm, which employs more than 1,200 people in Scotland, has promoted 51 employees to assistant manager grade, 17 to manager level, while 14 have
The largest accountancy firms have increased their share of the UK audit market with 100% of FTSE 100 companies now audited by the Big Four, according to new research from the Financial Reporting Council (FRC). Published today, the latest edition of Key Facts and Trends in the Accountancy Profession
More than £32 million of Venture Capital (VC) was invested into Scottish start-ups in the third quarter of 2019, according to KPMG’s latest Venture Pulse survey. The figures, compiled by Pitchbook, reveal that both deal volume has dipped slightly, from 16 deals in the previous quarter, t
A total of 15 employees at KPMG UK's Aberdeen office have been promoted. The promotions arrive as the firm prepares for further growth in the North East.
Department store chain Watt Brothers has gone into administration, with Blair Nimmo and Alistair McAlinden of KPMG LLP appointed as joint administrators. The fourth generation family-owned business, incorporated in 1915, operates a chain of department stores including its freehold flagship store on
The number of Scottish companies entering into administration, receivership or liquidation has decreased by almost 35 per cent in the last quarter, according to new analysis by KPMG. There were a total of 158 corporate insolvency appointments in the three months to 30 September 2019 – dow
Apropos by DJ Alexander has said that Boris Johnson’s EU deal is unlikely to stabilise UK house prices. The firm believes that even if the agreed deal is passed in Parliament, the housing market will still face uncertainty as the wider ramifications of the deal for the UK leaving the EU remain
The sale of non-essential goods dropped in Scotland last month, new research conducted by the Scottish Retail Consortium (SRC) and KPMG reveals.
Accountancy firm Johnston Carmichael has taken over the audit role for Dunedin Enterprise Trust after KPMG was axed. Johnston Carmichael won the contract for the major private equity investment organisation following changes to guidance over the independence of auditors.
Buyers are sought for the purchase of the OYO Beveridge Park Hotel in Kirkcaldy following its move into administration. Twelve people have lost their jobs as the prominent Fife hotel closed its doors for good last weekend.
New research from KPMG UK has revealed that almost a quarter of Scots (23%) spend more than half their income on the day it’s paid into their account.
Four Scottish accountancy veterans have been recruited by Belfast finance firm HNH to open a new corporate finance office in Edinburgh to target small and medium-sized enterprises (SMEs) including family-owned companies. HNH specialises in advising customers in deals within the £1 million to &
Business leaders from across Scotland have come together to share their stories and inspire young people as part of National Inclusion Week. On Wednesday, representatives from KPMG, Martin Currie, PwC, Royal London Group, Investment2020 and Aberdeen Standard, spoke to over 100 S4 pupils at St.
The administration process for McGill & Co has been extended until January 2021 as administrators said the “level and timing” of distributions to unsecured creditors in the former Dundee building services firm remains unclear. Almost 380 jobs were lost when McGill collapsed at the st