KPMG UK has promoted four colleagues to partner and 26 colleagues to new positions in Scotland. Arleen Arnott, Paula Holland, Deborah May and Eddie Norrie all became partners of the professional services firm on 1 April 2022.
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The search for Scotland’s top tech innovator has begun as KPMG UK launches its annual competition to propel exciting technology businesses onto the global stage. The competition - KPMG Private Enterprise Tech Innovator in the UK - is now in its ninth year and has seen previous winners such as
Scottish retail sales have returned to pre-pandemic levels, according to the latest Scottish Retail Consortium (SRC) and KPMG retail sales monitor.
In the UK, growth momentum is expected to slow during the course of 2022 as the impact of the cost of living crisis is felt while overall growth in the UK for 2022 could reach 3.9%, before slowing to 1.1% in 2023, according to the latest KPMG Global Economic Outlook. Consumer spending is expected to
Speaking ahead of the Spring Statement tomorrow, Vishal Chopra, head of tax in Scotland for KPMG UK, highlights his predictions. The Spring Statement wasn’t intended to be used to launch significant new tax-related measures, but an intensifying cost of living crisis, coupled with what many exp
Scottish retail sales remain behind pre-Covid-19 levels, according to the latest figures from the Scottish Retail Consortium (SRC) & KPMG Scottish Retail Sales Monitor.
The Executive Counsel of the Financial Reporting Council (FRC) has imposed sanctions against KPMG and Mr Michael Neil Frankish in relation to their audits of Revolution Bars Group Plc for the financial years ended 30 June 2015 and the 53 weeks ended 2 July 2016. Mr Frankish performed the role of Aud
The number of alleged fraud cases reported in the media being heard in Scottish courts rose dramatically last year, according to KPMG UK’s latest Fraud Barometer.
The joint development of a first-of-its-kind suite of artificial intelligence (AI) tax analysis tools for the UK has been announced by KPMG UK and Blue J. Blue J is the leading provider of predictive analysis tools for tax positions in North America and KPMG will be its first alliance partner in Eur
Scottish retail sales in Scotland decreased by 7.9% in January, an improvement of .1 percentage points from December 2021 and is the lowest Yo2Y decline recorded since July last year.
Scotland’s private equity market closed out a steady year in 2021, with a record number of midmarket deals despite total investment still falling short of pre-pandemic values, according to new analysis by KPMG UK. Despite the uncertainty caused by COVID-19, both volumes and value of mid-market
The UK Government is suing KPMG for £1.3 billion over allegations it was negligent in its audit of Carillion in 2016. Government ministers have accused KPMG of failing to respond to "red flags" in Carillion's accounts ahead of its collapse in 2018.
Venture Capital (VC) investment in Scotland’s scale-up businesses more than doubled in 2021 as global investors continued to look beyond London last year, according to the latest figures from KPMG. Scotland’s scale-up businesses finished 2021 on a high with almost £100 million in V
KPMG partners were given a six-figure pay rise in 2021 despite regular criticism from regulators throughout the year. KPMG's 571 partners took home an average of £688,000, 20% more than the £572,000 received in 2020.
KPMG UK has posted growth of 10% in 2021, with revenue rising from £2.14 billion to £2.35bn. For the year ended 30 September 2021, KPMG's profit before tax increased from £288 million to £436m.