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
London venture capital funding halves as deals sink to eight-year lows April 22, 2024 London venture capital funding fell to its lowest level since 2018 during the first quarter of this year, with only $1.7bn in funding raised.
Why I left my leading role at KPMG to start my own accountancy firm for Britain’s SMEs April 22, 2024 Warren Mead was 26 years into his corporate career at Big Four accounting firm KPMG before realising he had an unfulfilled knack for entrepreneurship.
Lloyds, HSBC, Barclays and Natwest set to report lower profits – but doubts over rate cuts could lift lenders April 20, 2024 The UK's biggest banks are set to report lower profits and narrower margins in the coming weeks as the interest rate tailwind which pushed their earnings to a record high last year dies down.
Wage growth hotter than expected but unemployment rises in headache for Bank of England April 16, 2024 Wages are closely monitored by the Bank of England for signs of how its campaign of interest rate hikes are impacting the wider economy.
City leaders turn to AI bots to fight financial crime April 15, 2024 Half of leaders in the City of London use AI to access financial advice, according to new research.
Do today’s GDP figures really show improvement in the UK economy? April 12, 2024 Today's release of figures on the UK economy figures feels like a big deal, with people proclaiming the end of recession. Is that right?
Lenders expect higher default rates on mortgages and credit cards in coming months April 11, 2024 British lenders are seeing increasing demand for mortgages and credit card lending but higher default rates, according to an official survey, as households and businesses struggle with elevated borrowing costs.
US regulator slaps KPMG’s Dutch arm with record-breaking fine over exam cheating April 10, 2024 The penalty is the largest fine the PCAOB has ever imposed. The regulator also singled out former head of assurance, Marc Hogeboom, stating that he directly and substantially contributed to the violations.
Five graphs that explain the UK economy ahead of GDP, inflation and unemployment data April 10, 2024 The great challenge for the UK economy is to restore some degree of growth following a very sluggish 2023.