KPMG UK: Partner pay up despite profits slipping in 2023 January 30, 2024 KPMG UK's profit before tax dropped nearly 20 per cent in 2023, the firm reported today, as revenue growth slowed and staff costs increased.
KPMG’s UAE business holds meeting with clients to restore confidence in firm August 2, 2022 The chief executive of KPMG’s business in the United Arab Emirates (UAE) has held a series of face-to-face meetings with key clients, in an effort to restore confidence in the accounting firm’s management, following reports a coup within the Emirati firm. Nader Haffer, chief executive of KPMG Lower Gulf, hosted the client meetings after partners [...]
KPMG and former sanctioned partner hit with legal action by convicted property developer April 29, 2024 Big Four consultancy firms KPMG and former partner has been hit with legal action by bankrupt Manchester-based property developer
KPMG: Audit giant handed record fine over failures on Carillion collapse October 12, 2023 KPMG has been slapped with a record fine over its botched auditing of Carillion, the construction company which went spectacularly bust in 2018.
Three-quarters of firms globally are not ready for new ESG rules, KPMG finds September 26, 2023 Three-quarters of companies globally are not ready to have their environmental, social and governance (ESG) data audited externally months before new regulations kick in, according to a new report from KPMG published on Tuesday.
KPMG to cut five per cent of US jobs as demand slows June 26, 2023 Big four accountancy KPMG tonight announced a fresh round of layoffs, with plans to cut five per cent of its US workforce. In an internal message seen by City A.M., US chair and CEO Paul Knopp KPMG said: “We do not make the decision lightly. However, we believe it is in the best long-term interest [...]
UK on course to dodge recession but ‘lacklustre’ growth will linger, KPMG says June 12, 2023 The UK will dodge a recession this year but a tight labour market and sticky inflation will choke off growth, according to the latest forecast from KPMG.
Revealed: KPMG slashes UK bonuses as dealmaking drought hits fees May 31, 2023 KPMG has slashed the bonus pool of its UK workforce and reined in commission for salespeople as its profits falter amid a slowdown in the dealmaking environment this year, City A.M. has learned.
Big Four: KPMG set to merge UK and Swiss businesses to chase down rivals December 7, 2023 KPMG UK has begun exploratory discussions with its partners over a plan to merge its business with KPMG Switzerland.
VR, drinks and AI materials brands among winners at KPMG Black Entrepreneurship Awards October 17, 2023 KPMG's Black Entrepreneurship Awards returned for its fifth year to celebrate entrepreneurial candidates contributing to economic growth.