In the week that we found out (or merely had it confirmed) that London is the most expensive city to relocate staff to, KPMG has stepped in to save the day – for its employees in any case.
The City firm announced yesterday it would be helping its staff on to the property ladder with a new initiative, offering preferential mortgage rates.
It’s even got Clydesdale and Yorkshire Banks on board to help.
The initiative is part of a private banking package put together for employees, along with travel insurance and a private banking relationship manager. Nice. Will we see other City firms follow suit?
Who needs the bank of mum and dad when you’ve got big brother KPMG, eh?