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The Latest Breaking News from KPMG

Lower mortgage rates aren’t igniting the housing market and there are two key reasons why, claims a top economist

They’re either holding out for rates to fall further or can’t get past how unaffordable it’s become to buy a home all around, KPMG’s chief economist said.

Fortune

Time to sell? House prices rise for first time in nearly two years

Housing market sentiment is improving following a modest decline in mortgage rates and growing buyer interest, Rics said.

Evening Standard

Why young professionals no longer need to leave Newcastle to thrive

'We've passed the threshold vacuum in several sectors.'

Newcastle Herald

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Stacy Lewis, driven by passion and armed with data, looks to end U.S. Solheim Cup drought in Virginia

Lewis worked with longtime LPGA partner KPMG to create a new analytics platform for the biennial event.

USA Today Sports Media Group

UK retail sales pick up as shoppers seek picnic and barbecue food

Sales of clothing and gardening products also leap but furniture and household appliances continue slide

The Guardian - UK

Scottish Labour MSP slammed over fat cat bankers' Holyrood reception

A SCOTTISH Labour MSP has been slammed over plans to host a boozy reception with banking giants in the Scottish Parliament.

The National (Scotland)

‘Scandalous’ £3.4bn UK state spending on private consultants last year

New figures reveal that public bodies paid out at least 60% more to consultancies in 2023-24 than it did pre-pandemic

The Guardian - UK

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Audit found 'misleading' reporting of digital health record costs

A board was told it was under budget, it ended up being $40m over.

The Canberra Times

Health bureaucrats lost sight of costs in digital health record rollout

The program was operating millions of dollars over budget.

The Canberra Times

UK ministers give KPMG £223m contract despite consultancy spending pledge

Professional services firm to oversee training and development courses across civil service in 15-month deal

The Guardian - UK

Global fintech investment falls to $51.9 billion in the first half of 2024, says KPMG data

Worldwide tech investment (including private equity, VC, and M&A) dropped to $51.9 billion in the first half of this year, down from the $62.3 billion we saw in the second half of 2023, according to recently released data from KPMG.

Fortune

Artificial intelligence is taking the consulting industry by storm – should we be concerned?

Artificial intelligence (AI) is enjoying a long moment in the spotlight. But debate continues over whether it’s a “shortcut to utopia” or possible harbinger of the end of the world.

The Conversation

The Usual Suspects: Meet Labour's best pals in the great PFI wheeze

THROUGHOUT the PFI saga the same faces and names kept coming up.

The National (Scotland)

Mortgage approvals for house purchase steady in June, says Bank of England

The number of mortgage approvals made to home buyers remained at about 60,000 in June, the Bank’s Money and Credit report said.

The Independent UK

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The Canberra Times

Canberra suburbs with the most and fewest babies

Canberrans are bucking national baby trend, data reveals.

International Business Times

EXCLUSIVE: ESG Expert Talks Evolving Bitcoin Mining Narrative, 'Impunity' In Other Industries' Energy Use

Bitcoin mining was long under scrutiny due to environmental concerns associated with the industry, but as more studies emerge about the role the sector plays in the world's transition toward sustainable energy sources, the tides may finally be changing.

Fortune

Summer Fridays are dead because remote work killed them

Companies are using relaxed schedules and decreased productivity as excuses to reel back the warm weather benefit.

USA Today Sports Media Group

Who is Lauren Coughlin? Here’s a look at her golf career in photos through the years

Coughlin might not be a household name, but she’s got a built-in fanbase with No Laying Up.

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The Independent UK

Mortgage defaults expected to increase in coming months, say lenders

As households’ mortgages come up for renewal, with higher monthly repayments, it follows that defaults could rise, a financial services expert said.

TechRadar

Is the age of digital transformation finally over? This report says we've all moved on

Digital transformation has become a ‘continuous reinvention’ as companies battle to keep up with technology.

USA Today Sports Media Group

Commemorative plaques honor Tiger Woods, Jack Nicklaus, Ben Hogan, more

When something historic happens in golf, details are etched on a plaque to preserve the story.

The Independent UK

Consumer credit borrowing bounces back while mortgage lending halves

Consumer credit borrowing bounced back to £1.5 billion during the month, up from £800 million in April, Bank of England data showed.

USA Today Sports Media Group

Mobbed by friends and competitors, Amy Yang gets first major victory at 2024 KPMG Women’s PGA Championship

Yang shivered as she walked into the flash area, her clothes soaked from the bubbly affair.

Golf Monthly

Almost 20 Years After Her First Tour Win, Amy Yang Is 18 Holes Away From Achieving A Life-Long Dream - And Potentially Setting Down The Path To Retirement

The Korean leads the KPMG Women's PGA Championship by two strokes heading into Sunday, and if she holds on then it may be the sweetest of swan songs to her career...

USA Today Sports Media Group

Is it finally Amy Yang’s turn to shine? Not if Lilia Vu or Lexi Thompson have their say at 2024 KPMG Women’s PGA

Perhaps tomorrow, in her 75th major championship start, her turn will come at last.

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