KPMG

Around 100 jobs have been put at risk at big four UK accountancy firm Deloitte, as the firm looks to cut costs after a slowdown in deal activity. Photo: Yui Mok/PA Wire

Around 100 jobs at risk at Big Four accountancy firm Deloitte

New figures from the British Retail Consortium (BRC) and accounting firm KPMG have shown that retail sales remained low across January, with the “hangover” of low consumer confidence continuing to affect businesses. (Photo by HENRY NICHOLLS/AFP via Getty Images)

Retail sales remain slow as ‘hangover’ of low consumer confidence remains

Despite a challenging year for regional companies, business confidence in the region should soon start to return, according to accounting firm KPMG’s head of private enterprise in the UK. Picture by Bruce Rollinson

Business confidence should rise in 2024, says KPMG head of private enterprise

Giles Taylor, Head of Corporate Finance in Yorkshire & the Humber at KPMG UK said: “Across the UK, deals were impacted by challenging conditions last year, and the mid-market in Yorkshire & the Humber was no different. Despite this, the volume of deals completed in the region last year remained on par with pre-pandemic rates in 2019." (Photo supplied on behalf of KPMG)

Yorkshire suffered slump in private equity activity in 2023, says KPMG report

Nile Rodgers attends the Royal Variety Performance at the Royal Albert Hall in London.

Hipgnosis music fund changes auditors after half-year results delayed

Euan West is changing roles at KPMG

KPMG Leeds office boss Euan West promoted to new national role

Recruitment in the North of England deteriorated further last month although pay pressures for permanent staff eased, according to the latest KPMG and REC report. Picture: Adobe Stock

Recruitment in the North deteriorates but pay pressures ease, says report

Audit giant KPMG has been fined a total of £21m after a series of failures in its audit of collapsed outsourcer Carillion. (Photo by Yui Mok/PA Wire)

KPMG boss says he ‘cannot defend’ Carillion audits after record £21m fine

Euan West has commented on the findings

'Troubling time' for North's job market as permanent appointments fall

Euan West shares his expert insight

Academic partnerships key to reinvigorating Yorkshire’s economy: Euan West

Dermot Callinan (photo: LNT Group)

Inquest to open into death of leading Yorkshire tax specialist who died in Alps

A pedestrian walks past a branch of a Patisserie Valerie cafe in London on January 23, 2019. (Photo by DANIEL LEAL/AFP via Getty Images)

Former Patisserie Valerie chief financial officer among four charged with fraud

The value of Venture Capital investment in Yorkshire businesses nearly quadrupled in the second quarter of 2023, Photo: Dominic Lipinski/PA Wire

Value of venture capital investment in Yorkshire almost quadruples

UK transactions involving mid-market private equity investors in Yorkshire have cooled in the first half of 2023, according to new analysis from KPMG. Picture by Bruce Rollinson

Yorkshire private equity activity cools amid tough trading conditions

UK transactions involving mid-market private equity investors in Yorkshire cooled in the first half of 2023 amid market volatility and tough trading conditions, new analysis from KPMG UK has shown.

Michael Crossland

There is speculation that rates - which stand at 5.25 per cent - could peak below six per cent, a shift down in expectations from just a few months ago, says Beckie Hart of the CBI (Photo supplied by CBI)

Business can strike an optimistic note as autumn looms: Beckie Hart of the CBI

Venture capital investment in businesses like those based in Leeds has dropped. Picture: James Hardisty

VC investment in Yorkshire firms sinks 72 per cent following 'outlier period'

High inflation continued to support retailers in April but soaring prices meant shoppers bought fewer products during the month. Photo credit: Philip Toscano/PA Wire

Inflation drives retail sales growth but shopper budgets remain under pressure

Nearly two-thirds of Yorkshire consumers plan to reduce their non-essential spending in 2023, according to new research by KPMG

Over half of Yorkshire consumers plan to cut down on non-essential spending

KPMG's Leeds office.

KPMG announces second year of double digit growth

People shopping on Oxford Street in London. Christmas shoppers provided retail and hospitality with a crucial boost despite the cost-of-living crisis and rail strikes, figures show.

Christmas boosts sales but masks nervous festive season for consumers

The Northcoders team.

Leeds coding trainer Northcoders reaches milestones before year end

Euan West has given his view on the new findings.

Northern firms 'facing persistent shortage of candidates', KPMG boss warns

Retailers are facing challenging conditions as the vital Christmas shopping season takes place.

Consumers turn to hot water bottles and hooded blankets, sales figures show

Accountancy giant PwC is shutting most of its offices over Christmas and New Year for the first time to save energy as UK power supplies come under mounting pressure this winter.

PwC to shut majority of offices over Christmas to save energy

Cost-of-living challenges are expected to impact on Christmas retail sales this year. Picture: Alamy/PA.

Retail sales slow as consumers turn to pre-loved gifts for Christmas

Retail sales slowed in October as retailers brace themselves for consumers opting for pre-loved gifts and strict budgets this Christmas to cope with soaring bills.

Josie Clarke

Euan West from KPMG in Leeds shares his employee retention advice.

KPMG Leeds boss Euan West on how firms can attract and keep the best employees

Struggling fashion brand Joules has confirmed it is in talks to sell a stake to high street giant Next in a move that could raise around £15 million.

Joules in talks to sell a stake to high street giant Next

Auditing giant KPMG will pay £18.35 million over the potentially conniving behaviour of some of its former staff when they reported to regulators on their audit of collapsed outsourcing firm Carillion. Picture: PA

KPMG fined for misleading regulator about Carillion audit

Ligentia is a supply chain technology firm.

Leeds-based supply chain tech firm Ligentia agrees deal to combine with VGL

Fashion retailer Joules confirmed it has called in advisers to look at bolstering its finances as soaring costs and waning consumer confidence hit the group’s bottom line.

Joules seeking advice amid reported plans for capital raise

Demand for both permanent and temporary staff in the North of England continued to rise sharply during May, according to a new study.

Demand for staff in North rises sharply, according to KPMG and REC study

High street.

How the post-pandemic spending bubble has burst as sales continue to decline

The accounting watchdog has hit KPMG with a £3.37 million fine over auditing failings related to accounts for engineering giant Rolls-Royce.

Watchdog hits KPMG with a £3.37m fine over auditing failings

B&Q owner Kingfisher is expected to attempt to reassure investors that the pandemic-fuelled DIY boom is staying strong despite waning consumer confidence as it reports its latest financial results this week.

B&Q owner Kingfisher set for resilient sales as home improvement boom continues

Stronger Together has been launched in Leeds

Stronger Together could leave a legacy that would define Leeds - Mark Casci

McDonald's is one of the companies boycotting Russia over its invasion of Ukraine. (Pic credit: Kelvin Stuttard)

Russia-Ukraine: Which companies including McDonald’s have pulled out of Russia?

Shopping figures for January.

Food sales were more muted January than in previous months

A KPMG UK spokesperson said: “We believe this claim is without merit and we will robustly defend the case. Responsibility for the failure of Carillion lies solely with the company’s board and management, who set the strategy and ran the business.”

Official Receiver files legal claim against KPMG over Carillion role

Kevin Hollinrake, the co-chairman of the All Party Parliamentary Group on Fair Business Banking, has urged the ICAEW to pass on the fines levied on KPMG to the Silentnight Pension Scheme."

Campaigner vows to pursue every avenue to support pension scheme members

Euan West, office senior partner for KPMG in Leeds, said that KPMG promoted 135 staff in Yorkshire last year, to underline its commitment to the region.

Professional services firm KPMG UK reports 'robust' full year results

Interpath Advisory, the advisory firm that was formed following the sale of KPMG’s UK restructuring practice, has opened an office in the heart of Leeds city centre.

Historic former garment warehouse in Leeds becomes home to Interpath Advisory

“Something I’m passionate about is that we connect all of the communities within Yorkshire to the high growth sectors within Yorkshire,” says Jess Sewter.

Why tech firms in Yorkshire should consider alternative pipelines for talent

When KPMG was fined last year, MPs hoped some of the cash would be used to support pension scheme members who were affected by this troubling saga.

Why MPs are right to speak up for pension scheme members - Greg Wright

The All Party Parliamentary Group on Fair Business Banking (APPG) made the comments after KPMG was fined £13m and severely reprimanded by the Financial Reporting Council.

'Fines imposed on KPMG should be used to ease plight of pension scheme members'

Harrogate Convention Centre

£1.5m spent on plan for Harrogate Convention Centre - which hasn't been approved

Nicole Burstow, CFO, and James Dow, CEO of DWS Capital

Big four challenger DSW Capital raises £5m ahead of float on AIM

Retail demand is getting back on track after restrictions eased.

How retail demand is showing signs of getting back on track

Shoppers are increasingly reporting shortages of items.

Retail recovery stalls as shoppers see more shortages on shelves

Retail sales are rising in physical stores.

Shoppers are returning to physical stores as online sales continue to fall

The total value of fraud cases in Yorkshire increased by 738 per cent.

Total value of fraud cases in Yorkshire increased by 738 per cent figures show