Boost for employment as more firms get back to full strength December 16, 2012 MORE FIRMS than at any time in the past three years are back to pre-recession hiring practices, according to a survey out this morning. Sixty-one per cent of firms told a survey from the Confederation of British Industry and KPMG that they were hiring in a way that would have been normal before the onset [...]
KPMG’s global revenues jump 1.4 per cent to a record $23bn December 13, 2012 KPMG’s global revenues hit a record $23bn (£14.3bn) for the year to the end of September, the professional services firm said yesterday. Turnover rose 4.4 per cent in local terms across the business, or 1.4 per cent including currency movements. Chairman Michael Andrew said performance had grown weaker during the year. “2012 was a year [...]
Who’s switching jobs December 13, 2012 Carmignac Gestion Vincent Steenman has been appointed to the asset management firm’s portfolio management team. He joins from Zadig Asset Management, where he was a partner. Steenman has also held roles at the LVMH Group Arnault Family Office and Morgan Stanley. Allele Fund John Shea has been appointed to the investment fund’s advisory board. He [...]
Former rugby star, 25, found dead December 13, 2012 RUGBY UNION: Former Sale Sharks player David Tait was found dead in Hong Kong on Wednesday, after falling from an apartment block. The 25-year-old worked as a corporate finance manager for KPMG after retiring from rugby in 2010 due to persistent injuries. Tait had represented England at Under-20 level.
BDO and PKF agree to merge as they eye more mid-cap clients December 11, 2012 PARTNERS at BDO and PKF yesterday approved a deal to merge the UK operations of the two firms, giving the enlarged group extra firepower to compete in the mid-tier accountancy and advisory markets. The new firm, operating under the BDO brand, has 3,500 people working across the country, with revenues close to £400m a year. [...]
Bubbles and bankruptcy at the British Museum December 10, 2012 THE LATEST offering from the money team at the British Museum, Bubbles and Bankruptcy, is a exhibitional journey through financial crises in Britain since the first stock bubbles of 1700 to the fiscal woes of present. The exhibition aims to “explore the fertile history of satire and protest about financial crises, represented by historic prints, [...]
No end to jobs boom in final months of 2012 December 10, 2012 THE LABOUR market continued its boom into November, with private sector demand more than offsetting public sector slack. Placements and vacancies rose at accelerated rates in the second to last month of the year, according to a survey by KPMG and the Recruitment and Employment Confederation released yesterday. The bullish data came despite many analysts [...]
US bank bonuses plummeting to a post-Lehman Brothers low December 9, 2012 WALL STREET’S bonus payouts are set to fall to their lowest level since 2008, US financiers warned over the weekend, as markets stay weak and transaction volumes stagnate. And New York’s bankers will be hit by a double whammy, with taxes likely to rise sharply when Bush-era allowances expire as part of the fiscal cliff [...]
Demand helps support our production December 6, 2012 BRITAIN’S car industry continues to defy those who say this country doesn’t make things any more. And demand at home is helping to drive that resurgence. Industry lobby group the SMMT released data yesterday showing the UK is now the second-largest EU car market by new registrations. Demand has risen year on year in the [...]
London’s Tech City gets £50m from Cameron December 6, 2012 DAVID CAMERON yesterday unveiled a £50m government project in east London’s “Tech City” alongside a host of new investments from the likes of Microsoft and KPMG. The Prime Minister said the money would be put towards a new showcase building on Old Street roundabout – the junction that has become an icon of the growing [...]