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The Latest Breaking News from KPMG

What's in store for the Scottish economy in 2023

We asked a range of experts to weigh in on the prospects and trends for the nation's biggest industries

Insider UK

‘UK recession to last until end of next year’, say economists

THE UK economy is on track to shrink by 1.3 per cent in 2023 amid a recession which is set to last until the end of next year, according to a new…

The National (Scotland)

‘UK recession to last until end of next year’

Economists at KPMG have predicted that the UK has already entered a ‘shallow but protracted’ recession.

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Corporate board members who relish complexity are going to love 2023

Board directors will have to juggle multiple risks in 2023 with the added complexity of an economic downturn.

Fortune

Top 10 LPGA moments in 2022: A stirring revival, a stunning collapse and big-money Sundays

There were plenty of storylines that captured our attention throughout the year.

USA Today Sports Media Group

'Smidgen of hope' as Scottish retailers record slight boost in sales

CHRISTMAS shopping and Black Friday helped boost sales last month, giving retailers a “smidgen of hope”, according to latest figures.

The National (Scotland)

Festive spending helps boost retail sales, figures show

Black Friday, warm clothes purchasing and Christmas spending helped bring in cash, but record food price inflation is also a partial contributor

Daily Record

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Festive spending helps boost retail sales

Scottish sales increased by 5.5% compared with November 2021

Insider UK

KPMG announces 10 new directors in Scotland

Professional services firm now employs around 1,000 people across Aberdeen, Edinburgh and Glasgow

Insider UK

A 20% home price crash? These 7 forecast models can see it—where the other 13 leading models have the 2023 housing market going

Where 20 leading forecasters foresee home prices going in 2023.

Fortune

LaLiga would be ‘bankrupt’ if Real Madrid and Barcelona join Super League

Real Madrid and Barcelona have been warned they will bankrupt LaLiga and themselves if they press ahead with plans for a European Super League.

The National (Scotland)

LaLiga would be ‘bankrupt’ if Real Madrid and Barcelona join European Super League

The presidents of Real and Barca are both firm advocates of the Super League project.

The Independent UK

Number of mortgage approvals for house purchase falls to lowest level since 2020

The number of mortgage approvals made to home buyers in October was the lowest since June 2020.

The Independent UK

Peter Cowgill, Stock Exchange Hotel and a former England rugby player: The 24 latest hires and promotions across the North West

BusinessLive rounds up the latest North West hires and promotions

Birmingham Post

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news in one place.

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Birmingham Post

KPMG moving Nottingham office to the new University of Nottingham Castle Meadow Campus

And as well as providing shared facilities it is hoped it will also supply a new pool of talent from the university

Birmingham Post

Surge in South West firms securing funding deals

Businesses in the region continue to attract investment amid the challenging economic climate, a KPMG report said

Insider UK

Scottish retailers facing 'toughest festive season in a decade'

Sales across almost every category fell year-on-year, as consumers adjust to shrinking household incomes

Fortune

The Pandemic Housing Bubble is bursting, says KPMG

"Once you start the process of prices falling nationally, there is a self-fulfilling momentum to it because no one wants to catch a falling knife" says Diane Swonk, chief economist at KPMG.

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news in one place.

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Birmingham Post

People on the move: key North East appointments and promotions of the week

Companies featuring in this week's round-up include KPMG, the North East LEP, Silk Family Law and Seriös Group

Birmingham Post

KMPG announces raft of promotions in South West

The Big Four firm said the announcement demonstrated its "continued investment" in the region

TechRadar

ExpressVPN review – an unrivaled, but costly, security suite

In our complete ExpressVPN review, we get under the hood of one of the biggest names in VPN to see if it really lives up to the hype.

The Independent UK

Consumer confidence claws back two points as UK grapples with ‘new abnormal’

GfK’s long-running Consumer Confidence Index continues to languish at a near-historic low of minus 47.

The New Daily

Spending bonanza to carry Christmas before ‘wiser wallets’ in 2023

Australians are shrugging off the soaring cost of living and heading to the shops in droves ahead of the Christmas holidays.

Insider UK

Scottish retailers face tough Christmas as inflation rises wipe out real-terms sales growth

'Consumers were more cautious last month, avoiding large ticket items'

Evening Standard

London jobs market still robust despite financial markets chaos

KPMG says one in five recruiters think there will be permanent staff increase over coming months

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