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The Latest Breaking News from KPMG

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 Independent UK

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.

The New Daily

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

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

Insider UK

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

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

Evening Standard

Which cars are the most popular in Australia’s three biggest cities?

A new report has revealed which cars are most popular in Australia's three most populated cities and their surrounding suburbs.

The New Daily

Figures show people buying blankets, jumpers and air fryers ahead of winter

Sales of items such as computers and TVs have dropped

Wales Online

Price inflation buoys shop sales as cost-of-living woes hit shoppers

The latest BRC-KPMG retail sales monitor for September showed that price inflation offset a decrease in transactions by shoppers over the month.

The Independent UK

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Is the US economy in a recession and taking the world with it?

The US is facing rising recession fears even as economic indicators point to mixed signals.

Al Jazeera

You may actually get more expensive Christmas presents this year—just don't expect many from friends or coworkers

Concerns over inflation and supply-chain issues are influencing spending intentions this Christmas.

Fortune

UK high street warned not to expect return of pre-Covid Christmas

December retail footfall forecast to be 18% down on 2019 levels as people struggle with soaring cost of living

The Guardian - UK

Mini Budget: West Midlands business leaders react to Chancellor Kwasi Kwarteng's statement

High-profile business leaders from across the region have shared their views

Birmingham Post

U.S. captain Stacy Lewis, with help of KPMG, set to use Solheim specific analytics for the first time to guide team in 2023

Lewis, at 37 the youngest U.S. captain in Solheim Cup in history, isn’t afraid to shake things up.

USA Today Sports Media Group

From crazy Irish Open debut to headline attraction - Leona Maguire has come a long way

The return of the KPMG Women's Irish Open after 10 years finds the home grown favourite in her prime but the 27-year-old admits she would prefer if the event was staged during the summer

Irish Mirror

Irish Open returns for the first time in 10 years, headlined by national hero Leona Maguire and backed by KPMG

Leona Maguire was 15 years old the first time she played in the Irish Open.

USA Today Sports Media Group

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USA Today Sports Media Group

Want a better contest? Here’s what Presidents Cup teams could look like if LPGA stars were added

There's an awful lot of talk about growing the game. Slogans are created and commercials are made. But here's a no-brainer.

The Guardian - UK

Richard Porter obituary

Other lives: Former chief executive of Sightsavers who worked towards universal access to eye care

The New Daily

Superannuation has performed well, but change is afoot with rising rates

Superannuation has been the place to be over the last five years with the latest figures from SuperRatings showing that the top performing balanced funds

Insider UK

'Rampant fraud' in Scotland shows no sign of slowing

Scottish cases rocketed in first half of 2022, with values 443% higher than during the first half of 2021

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Birmingham Post

Board changes at B&M as committee chair retires

New board member set to become chair of group's Audit & Risk Committee

ABC News

Solomon Islands moving ahead with contentious plan to build Huawei mobile phone towers with $100 million loan from Beijing

Solomon Islands authorities say the proposed 161 mobile phone towers will expand and improve coverage and that the loan to fund it will be repayable, but experts have questioned if the financial case for the project stacks up.

Insider UK

Summer retail sales suffer as inflation wipes out growth

Trade association calls for government help ahead of a hard winter ahead

The Guardian - UK

PwC says graduates no longer need at least 2:1 degree to work at firm

Accountancy company says move is about trying to attract job starters from broader range of backgrounds

Insider UK

Scottish private equity deal activity surpasses pre-pandemic levels

35 deals were completed in the first half of 2022 – well above five-year averages

WEKU

Inflation is cooling thanks to gas prices, but many things still cost a lot more

Falling gasoline prices put a dent in the July inflation rate, which fell to 8.5% from 9.1% in June. But other costs such as housing continue to climb, putting a strain on many family budgets.

Evening Standard

FTSE 100 Live: Retail sales get heatwave boost, Nvidia warning

Retail sales increased by 1.6% on a like-for-like basis in July after the heatwave boosted demand for clothing, picnic items and electric fans.

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