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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Aberdeen-based company Leap Automation has secured third place in KPMG's UK Tech Innovator competition 2023. The prestigious competition, which attracted close to 400 applications and culminated in a national final at KPMG’s new Ignition North centre in Manchester, celebrated outstanding contr
KPMG UK has provided greater support to its graduate training programme, driven by the necessity to overcome the detrimental impacts of COVID-19 lockdowns on the professional development of its Gen Z recruits.
Leap Automation has been announced as the Scottish champion of KPMG's annual UK Tech Innovator competition, which shines a spotlight on the game changers, difference makers and tech titans of tomorrow. The Aberdeen-based business won for its ground-breaking use of artificial intelligence (AI) and ma
The Financial Reporting Council (FRC) has imposed fines totalling £5.01 million on PwC and KPMG for audit failings in relation to Eddie Stobart Logistics (ESL), a logistics company listed on the Alternative Investment Market.
Last Friday marked the commencement of KPMG's annual 'Big Walks' initiative, with nearly 300 Scottish colleagues participating to raise funds for charity partner Marie Curie. KPMG employees in Aberdeen, Edinburgh, and Glasgow joined 4,000 colleagues nationwide on one of ten walks scheduled between 1
Recent research from KPMG reveals considerable hesitation among Scottish consumers regarding the use of artificial intelligence. The study discovered that 82% of Scots have reservations or face challenges that deter them from using AI.
Easter lifted Scottish retail sales in April, as total sales in Scotland rose by 9.1% compared with April 2022, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.
Venture capital (VC) investment in Scottish businesses has dropped significantly in terms of value and volume in Q1 2023, with only 14 deals having raised around £70 million, the lowest for an opening quarter since 2020, according to KPMG UK's Venture Pulse Report. This slump is attribute
New research released today from KPMG UK has revealed that 39% of consumers in Scotland think that the metaverse — a virtual-reality space in which users can interact with a computer-generated environment and other users — will become widely used in the next 10 years. The profe
International investment firm TowerBrook Capital Partners has invested an undisclosed amount in Envevo, an EV charging points design and installation firm catering to B2B clients.
The Financial Reporting Council (FRC) has fined KPMG and its audit engagement partner Anthony Sykes £1.75 million and £75,000 respectively for failures in relation to its audit of the financial statements of TheWorks.co.uk plc. The Executive Counsel of the FRC has issued a Final Settleme
KPMG has launched its 10th annual search for the UK's most promising tech innovators. The competition, Tech Innovator in the UK 2023, has previously spotlighted companies such as What3Words, SafetoNet, FIDOTech, and 2022 winner HiiROC, who later triumphed in the global final at Web Summit.
The Financial Reporting Council (FRC) has handed out a fine of £1.3 million to KPMG and its former employee Stuart Peter James Smith for audit failings, after it concluded its investigation into the statutory audit of Luceco Plc's financial statements for the financial year ended 31
KPMG has received criticism for not identifying significant risks in Silicon Valley Bank's audit, which took place shortly before the bank's collapse.