KPMG Australia seeks $100m bailout from parent group after scandal Big Four KPMG Australia is reportedly considering asking for $100m (£52.6m) in emergency loans from the Big Four firm’s global network after a scandal rocked the firm’s reputation and business down under. The Australian firm’s newly appointed chief executive, John Sams, has considered asking KPMG International to loan the arm up to $100m or waive its fee [...]
Evelyn Partners Padel Cup 2026: Smash hit City tournament set to return Sponsored The Evelyn Partners Padel Cup is back next month, when top City of London firms will vie for the title on a day of coaching clinics, camaraderie and competition. City firms are no stranger to friendly competition, although usually it involves trading floors, pitch decks and spreadsheets. Next month they will be doing battle in [...]
Energy costs and rate hikes to weigh on growth Economics The UK economy is forecast to grow in 2026, but rising energy bills and higher borrowing costs will weigh on activity in the second half of the year. The economy is set to grow 1.3 per cent this year, according to KPMG’s latest economic outlook, after household spending was “supported by warmer weather” while businesses [...]
Britain needs tax devolution, but beware of fiscal war September 17, 2026 Britain is an outlier for tax centralisation, but devolution can go badly wrong, says Tim Sarson Last week government front benchers and local leaders from across England got together at Number 10 North to discuss the details of a new Visitor Levy, or tourism tax. Quite a momentous moment in its own way, because this [...]
PwC’s UK business grows but Iran conflict hits wider group September 16, 2026 Big Four giant PwC reported steady financial growth in its UK business, with revenue and profit per partner both increasing slightly from the previous year, despite group revenue slipping due to the Middle East conflict. For the year ended 30 June 2026, PwC’s UK business’s revenue grew to £4.365bn, up two per cent on the previous year. While [...]
KPMG wields axe again with 200 tech and cyber roles on the block September 15, 2026 KPMG UK is set to lay off hundreds of staff in its data and tech division in the latest round of redundancies at the Big Four firm. The new round of cuts will affect 200 roles from its advisory business, according to the Financial Times, and amounts to about 4 per cent of the firm’s [...]
UK jobs seekers rise despite recovery in permanent hiring September 7, 2026 Rising redundancies and heightened employment insecurity drove a sharp increase in UK job seekers in August despite the permanent hiring market showing its first signs of recovery in nearly four years. Total staff availability rose at its fastest rate in three months as Brits hunting for roles flooded the market. This influx was triggered by [...]
Former Interpath Advisory chair takes helm at sustainability consultancy after chief executive exit September 1, 2026 Interpath Advisory’s former chair will lead the City-headquartered, sustainability-focused consultancy Anthesis Group as its new chair, as its chief executive steps down. Tamara Box, previously City law firm Reed Smith‘s managing partner for Europe and the Middle East, is set to take on the new chair of Anthesis Group’s board of directors this week after [...]
Interpath chief fined for breaching confidentiality rules before KPMG spin-off August 26, 2026 The chief executive of restructuring firm Interpath Advisory has been fined for allegedly breaching confidentiality standards before the company was sold to private equity by Big Four accounting giant KPMG, its former owner. The UK’s accounting body, the Institute of Chartered Accountants of England and Wales (ICAEW), said Mark Raddan, a former KPMG board member, [...]
GPTZero founder: Even with watermarks, AI slop isn’t going anywhere August 25, 2026 We must learn how AI fits in the writing process effectively, rather than as a short cut to produce spam, writes GPTZero co-founder Alex Cui.