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The Latest Breaking News from KPMG

Jobs market cools further over economic concerns and rising costs

Figures showed growth in starting salaries also slowed to its lowest level for more than four years as firms tightened their recruitment budgets.

The Independent UK

Major Season Is Over. Here’s My Plea To Those Who Set The 2026 Tournament Schedules

Our women's editor reflects on the women's Major season and pleads for a schedule that helps, not hinders its growth

Golf Monthly

High street banks lose £100bn in deposits as UK savers shift to online rivals

KPMG says higher savings rates are fuelling move to challenger banks, specialist lenders and building societies

The Guardian - UK

From analysis to the latest developments in health,
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High street banks lost £100bn in customer savings to rivals since 2019 – report

A report from KPMG has warned that traditional banks will need to overhaul and embrace AI as they face a squeeze on profits over the years ahead.

Evening Standard

The friendship premium: A majority of people would trade 20% in salary to work with close friends, KPMG survey finds

The loneliness epidemic plagues the workplace.

Fortune

US Fed Set To Hold Firm Against Trump Pressure

The US central bank is expected to defy political pressure and keep interest rates unchanged Wednesday at the end of a two-day policy meeting, as the effects of President Donald Trump's tariffs emerge.

International Business Times

Shooting at Blackstone, NFL, KPMG Building

Plus: Wildfires alter air quality across the Northeast, fertility crisis narratives, and more...

Reason

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Nation urged to increase spending on AI storage

Australia lacks the data storage capacity to take advantage of artificial intelligence and the nation's productivity could suffer as a result, experts warn.

AAP

Mass shooting in central business district shakes Manhattan, leaves at least 4 dead

345 Park Avenue hosts Blackstone, the world’s largest alternative asset manager, the NFL, KPMG, and Bristol Myers Squibb, among others.

Fortune

As post-election talks drag on, what will Hobart’s proposed stadium actually cost Tasmanians?

In the wake of last week’s Tasmanian election that delivered another hung parliament, the new government will need to shore up crossbench support. One of the issues to be negotiated will be support for the new stadium due to be constructed next to Hobart’s historic docks. It won’t be an…

The Conversation

Birthrate falls in Australia’s biggest cities amid cost-of-living crisis, preliminary data shows

Outer-suburban and regional Australians increasingly likely to have more children per person than inner-city residents, report shows

The Guardian - AU

We're about to find out who's really paying for tariffs

Economists at Goldman Sachs expect companies will pass on 70% of tariff costs to consumers via higher prices.

Fortune

Pound drops after Bank of England says it could further cut interest rates if jobs market slows

‘Slack’ opening up in UK economy as higher taxes squeeze employers, says Andrew Bailey

The Guardian - UK

Number of UK job hunters rises at fastest rate since Covid pandemic

Recruitment body blames ‘scar tissue’ left by April tax increases as starting salaries rise only modestly in June

The Guardian - UK

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The Guardian - UK

Could AI be accelerating slowdown in the UK job market?

Country’s economic woes remain main determinant to work opportunities but technological change is also creeping in

The Guardian - UK

Thames Water spent £136m on securing emergency funding, leaked document suggests

‘Atypical expenditure’ document suggests utility’s costs over 12 months outstripped the £130m it paid in fines

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.

Fortune

87% of business leaders think AI agents will force companies to redefine performance and upskill their human workers

“As employers, we have a responsibility to help prepare current and future workers for the transition to a new era of work.”

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news in one place.

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The Guardian - AU

Falling inflation rate boosts chances of RBA interest rate cut and relief for mortgage holders

Sharp drop to 2.1% in 12 months to May shows ‘continued pattern of deflation’, KPMG economist says

Golf Monthly

Minjee Lee Secures Third Major Title At KPMG Women's PGA Championship

The Australian carded a final round of 74 to win by three shots at the Fields Ranch East Major

Sports Illustrated

2025 KPMG Women's PGA Championship Final Payouts, Prize Money, Winnings: Minjee Lee Wins $1.8 Million

The 2025 KPMG Women's PGA Championship got a big pay boost this year. In fact, it's record-setting. The event's purse was bumped up $1.6 million to $12 million

Golf Monthly

KPMG Women’s PGA Championship Prize Money Payout 2025

The third women’s Major of the year sees a record purse for the tournament as players battle it out at Field Ranch East

Sports Illustrated

'Boring' KPMG Women's PGA Championship Course Generating Mixed Reviews

Six-hour rounds, brutal conditions and a high scoring average at the year's third major have drawn criticism from some of the LPGA's biggest names.

Sports Illustrated

Nelly Korda Talks Pressure and Staying Positive at This Week's KPMG Women’s PGA Championship

The No. 1 player in the world joined the Dan's Golf World Show ahead of this week's major, and she said that loves a good struggle at a major.

Pedestrian.tv

How Young Aussies’ Living Habits Have Changed In 25 Years, By The Numbers

Soaring house prices have reshaped how we live, think more adults living with our folks, and lots of us playing musical chairs with rentals.

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