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The Latest Breaking News from KPMG

The real reason behind increase in retail sales last month as shoppers remain ‘tepid’ amid Iran war

Essential spending returned to growth – up 0.5% – for the first time since July

The Independent UK

'That shouldn’t translate into investing in AI blindly, without a clear strategy': Experts warn UK firms want to keep spending big on AI - even if they can't prove it makes a difference

ROI isn't just about finances – many business leaders are seeing AI as an opportunity for much bigger organizational transformations.

TechRadar

White-collar workers are quietly rebelling against AI as 80% outright refuse adoption mandates

"AI didn't deliver," Johns Hopkins professor Steve Hanke told Fortune. "Welcome to the real world. Forget the AI bubble."

Fortune

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read the most diverse news in one place.

The AI revolution must be used to turbo-charge productivity across London

More than half of workers in the capital expect AI to affect their jobs within the next 12 months,

Evening Standard

‘Game changing’ support set to help millions navigate their financial lives

Financial firms will be able to provide suggestions designed for groups of consumers with common characteristics.

The Independent UK

Second-hand first choice for one in 10 consumers – survey

Based on personal income, those earning between £30,000 and £35,000 have bought the most using resale platforms this year, KPMG found.

The Independent UK

'Spending more on AI is not the same as creating value': New study claims firms are ready to spend big on AI, but are afraid to take the first step

Companies are committed to investing in AI, but they need to address workforces, security and data first, study finds.

TechRadar

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Gen Z will give up $5,000 in pay to log off at 5—but still expects a corner office

“It’s the want versus the reality of what it takes to actually accomplish it,” KPMG’s Derek Thomas told Fortune about Gen Z’s attitude toward success.

Fortune

Irish metals refinery is in supply chain that feeds Russian war machine, records suggest

Shipments to Russian smelters from Aughinish Alumina have increased sharply since the invasion of Ukraine

The Guardian - UK

‘There’s no such thing as a silly question here’ – three young professionals on confidence, growth and finding their place

From overcoming imposter syndrome to building an impressive portfolio of professional skills, KPMG is fostering an inclusive environment where young talent can thrive

The Guardian - UK

Dow Jones Industrial Average posts best day since early February as hopes of Middle East de-escalation lift markets – as it happened

Investors are piling back into shares after US president extends Iran’s deadline to reopen strait of Hormuz, sending oil price down

The Guardian - UK

Warning Middle East conflict could worsen Scotland’s ‘costs crunch’

Total sales in Scotland last month were flat compared with February 2025 – a year-on-year decrease of 1.1% when adjusted for inflation.

Evening Standard

Top economist says Iran war could trigger an economic ‘butterfly effect’—and keep inflation elevated for years

"Much like we saw in the wake of the pandemic," KPMG's Diane Swonk said, "those changes could trigger a longer-lasting bout of inflation."

Fortune

The AI productivity paradox: More work, not less

AI is making workers dramatically more efficient. But companies are simply piling on more work. Here's what's actually happening behind the scenes.

Fortune

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Axios

More CEOs envision hiring than firing due to AI, survey finds

The disruptive nature of AI is fostering significant debate over how the economy will evolve.

Fortune

CEOs are using one number in the AI age to decide how many people they still need

A new survey of 100 major CEOs finds AI’s returns are still murky, but the executives quietly recalculating their headcount are looking closely at one metric in particular.

Fortune

Last year, Accenture trained 550,000 workers in AI—now it’s warning senior staff to use it or don’t get promoted

Bosses have long warned staff to come to grips with AI. Now, companies like Accenture, KPMG, and Ring are tying employees’ AI usage to their future success and remuneration.

inkl

TOP AI Agent Development Companies in 2026

Several research firms in the artificial intelligence (AI) industry predict that the market will grow at a compound annual growth rate (CAGR) of more than 37% from 2026 to 2031, reaching a size of almost 1.68 trillion dollars by 2030. According to Mordor Intelligence's market research, the market for artificial…

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The Guardian - AU

KPMG asks Sydney writers’ festival to delete its name from website after Randa Abdel-Fattah confirmed as speaker

Festival confirmed writer and academic would appear in two sessions in 2026 following disinvitation from Adelaide event

The Guardian - UK

KPMG partner fined for using artificial intelligence to cheat in AI training test

Firm says person fined A$10,000 is one of over two dozen staff in Australia caught using AI in exams since July

Evening Standard

Retailers enjoy ‘bright start to 2026’ as sales and footfall bounce back

Footfall in Scotland’s shops saw a 5.1% year-on-year rise in January, the highest increase of any UK region.

Fortune

Seahawks head coach turned down a cushy career in finance at KPMG for a football internship—12 years later, he won the Super Bowl at 38

The Seattle Seahawks just won the Super Bowl—but their coach Mike Macdonald wouldn’t be bringing home a trophy if it weren’t for his gutsy career choice to ditch finance.

Evening Standard

Retail sales pick up in January after consumers hold off on Christmas spending

The British Retail Consortium and KPMG said total UK retail sales increased by 2.7% year on year in January.

The Independent UK

Mia Drennan: ‘I started my business after being passed up for promotion – now it’s worth £1bn’

MONEY TALKS: Mia Drennan’s global finance company was founded on credit card debt and the desire to be her own boss. Here she tells Lydia Spencer-Elliott about how she stuck to her guns - and backed herself along the way

Fortune

Inside KPMG's Orlando Lakehouse: the $450 million Covid boondoggle that's becoming a secret weapon for the AI revolution

Advisory head Patrick Ryan told Fortune about grumbles from the January 2020 ribbon cutting. "Capital-intensive, middle of nowhere…the worst timing."

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