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The Latest Breaking News from KPMG

Consulting firm KPMG paid to audit Australian aged care homes while also advising providers

Public sector union says reliance on consultants is problematic as perceived conflicts of interest could damage public trust

The Guardian - AU

Execs think generative A.I. is a big deal—but are afraid to use it

A KPMG survey finds concerns about risk are slowing adoption. Nvidia tries to help companies get more comfortable with new guardrails framework.

Fortune

Northcoders creates jobs as revenue almost doubles and it returns to profit

Northcoders has bases in Manchester, Leeds, Newcastle and Birmingham while its major corporate partners include Rolls-Royce, Disney, the BBC, KPMG and Sage

Birmingham Post

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How KPMG is diversifying its prestigious partner rank

KPMG's head of DEI shares how the company is increasing diversity among partners.

Fortune

Inflation suppresses Scottish shop sales in March

Scottish retail sales remained flat in March, with a drop of just 0.1% in real terms on the previous year

Insider UK

Scottish attempts to save energy fail to prevent winter bills shock

Two thirds complain of higher-than-expected bills, with a third saying that they were significantly higher

Insider UK

UK households turn to TV subscriptions as they cut back on nights out

Consumers reduce spending on groceries, clothes and eating out as they seek to balance budgets

The Guardian - UK

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10,000 have say on Supercars as in-depth workshops begin

The workshops are part of a City of Newcastle consultation plan to capture views on the controversial event.

Newcastle Herald

Half of all UK consumers have cut non-essential spending

KPMG study shows scale of household spending cutbacks, with eating out hit particularly hard

The Guardian - UK

Housing market correction weakens—where 7 revised forecast models see U.S. home prices going from here

As the housing market moves into its busier seasonal period, the correction is losing steam. Some markets are rising again.

Fortune

Sahalee Country Club in Washington completes bunker renovation

Landscapes Unlimited reshaped and moved bunkers at the highly ranked course ahead of the 2024 KPMG Women's PGA Championship.

USA Today Sports Media Group

‘It has endless potential’: KPMG enhances Steph Curry’s Underrated Golf, a junior development program on the rise

With KPMG as a title sponsor, Curry's Underrated Golf is enhancing its development program for junior players.

USA Today Sports Media Group

Canberra school reaches agreement with minister

Brindabella Christian College will improve its financial management and governance structure as part of an agreement with the federal Education Minister.

The Canberra Times

London hiring approaches lowest level since 2020, but employers remain hopeful for future

“The economy may be stalling, but the capital’s firms are looking forward to the future”

Evening Standard

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Insider UK

KPMG appoints new senior partner to lead Aberdeen office

Meanwhile, AAB Group also expands its senior headcount in the city

The New Daily

ACTU calls for ‘survival increase’ in wages of 7 per cent

Australian unions are pushing for a "survival increase" in the minimum wage as inflation and the cost of living crush lowest-paid workers.

Newcastle Herald

Concerns about fake details and multiple responses to Supercars survey

Some residents reported being able to fill in the survey multiple times from the one device.

Insider UK

Next First Minister 'must tackle persistent productivity problem'

Latest research reveals mixed progress across leading indicators

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news in one place.

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Newsroom.co.nz

Credit Suisse rescue package shows why our banks shouldn't pay big dividends

This is why bank shareholders shouldn't expect such big returns – their risk is lower. In what other industry, asks Jonathan Milne, would they be rescued by regulators?

Fortune

These 133 housing markets saw home prices decline in February—these 267 markets ticked higher

The housing correction is losing steam. That's the conclusion Fortune has reached after analyzing the latest Zillow data.

The Guardian - AU

Chris Minns says documents show Liberals considered privatising parts of Sydney Water

Labor to start final week of NSW election campaign by continuing pursuit of Perrottet government over its privatisation record

The Guardian - AU

NSW government spends $400,000 on consultants before outsourcing Sydney Water asset

Exclusive: Reports have become the centre of a political storm ahead of the looming state election

Insider UK

Scottish grocery sales see highest increase in 24 years ‘entirely’ due to rising costs

SRC and KPMG warn 'consumers will continue to take steps to reduce spend where they can'

Newsroom.co.nz

Amid fears for small players, big banks agree to a competition inquiry

Is NZ developing a two-tier banking system? There’s concern smaller savings institutions may be placed at greater risk, if customers follow Americans' flight to big banks this week. Jonathan Milne reports.

Los Angeles Times

Michael Hiltzik: As Silicon Valley Bank's red flags were flying, the Fed was AWOL

On Jan. 18, William C. Martin, a short-seller and former hedge fund executive, warned his Twitter followers that they were missing something important about Silicon Valley Bank.

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