KPMG hires ex-prisoners as part of Gov strategy to tackle £18bn reoffending cost April 24, 2024 KPMG has become the first white collar British business to employ former prisoners as part of a new pilot programme by the Government
KPMG snaps back job offers after tougher UK visa requirements come into force April 24, 2024 One of the Big Four firms has been revoking job offers from foreign graduates after the UK Government's new tougher visa requirements came into force.
UK on course for slow burning recession, KPMG predicts December 19, 2022 The UK economy is on track to enter a long recession sparked by households and businesses being squeezed by sky high price rises, new forecasts out today unveil. Gross domestic product (GDP) will shrink 1.3 per cent next year, according to consultancy KPMG, who have become the latest organisation to warn of a protracted slump [...]
UK growth set to slow as economy experiences ‘renewed signs of stress’, KPMG warns September 25, 2023 The UK economy will “struggle to keep its head above water” for the remainder of this year as it is experiencing “renewed signs of stress,” KPMG warned today.
KPMG: Generative AI could spur £31bn increase in UK productivity June 27, 2023 The UK’s battered economy could get a much-needed £31bn boost from the widespread adoption of generative AI, a new KPMG report has found. According to the ‘Big Four’ firm, generative AI has the potential to increase UK productivity by 1.2 per cent, the equivalent of an extra output of £31bn a year in the UK [...]
KPMG UK: Number of equity partners dips below 500 as Big Four layoffs begin November 19, 2023 KPMG UK has cut its number of equity partners to less than half the size of rival PwC in a sign that the firm has not hesitated in making cuts right at the top of the firm as the Big Four begin another round of layoffs.
KPMG: Big four firm to freeze pay for 12,000 jobs as services slowdown continues November 24, 2023 Big four firm KPMG has announced it will freeze the pay of 12,000 staff, as the services sector continues to be hit by a major slowdown. The freeze was first reported by the FT, with staff only getting a pay boost if they get a formal promotion, ahead of the Christmas break. Partners at KPMG [...]
Regulator hits KPMG and partner with near £2m in sanctions over M&C Saatchi scandal March 4, 2024 The accountancy regulator has fined KPMG and a partner over its audit of advertising agency M&C Saatchi. Back in 2019, the Big Four firm resigned as the ad giant’s auditor amid an accounting scandal which saw the company set aside £6.4m after it had spotted an error in its accounts. The business had also overstated [...]
Zopa: C-suite hiring spree continues with ex Sainsbury’s, Moonpig and KPMG execs June 16, 2023 Digital bank Zopa has drafted in top figures from Sainsbury’s, Moonpig and KPMG as part of a major leadership shakeup before an expected flotation. The lender announced today Peter Donlon and Kate Erb have been brought in as chief technology officer (CTO) and chief operating officer (COO) It said the moves were made as it [...]
Meet the KPMG dealmaker putting the Big 4 firm in the green energy mix April 5, 2023 Hardly a week goes by without a new survey showing the slump in M&A activity in 2022. By some estimates M&A dropped 18 per cent after the flurry in 2021. However, looking a little closer reveals a more nuanced picture. Mid-level M&A remained fairly consistent while certain sectors saw continued growth. One of the most [...]