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Scotland

Retail sales flatlined last month amid rising inflation, warns trade group

Scottish retail sales flatlined in July as a modest rise in their value was wiped out by the impact of record rising inflation, figures show. The latest Scottish Retail Consortium-KPMG Scottish Retail Sales Monitor showed that total sales in ...

17 Aug 2022 at 01:01

Local News

A Caravan, Camping, and Campervan seminar to take place on Tuesday morning

Opportunities for businesses and communities throughout Donegal will be unveiled tomorrow, Tuesday when a seminar on the caravan, camping, and campervan Sector is held in the Silver Tassie Hotel Letterkenny starting at 11am. The event, ...

23 May 2022 at 23:33

Scotland

Scottish retail sales remain at pre-pandemic levels

Shop sales remained at pre-pandemic levels last month as retailers continue to face “no shortage of storm clouds”, according to a new report. While food and drink continued to perform well, fashion and footwear trade in Scotland was ...

16 Mar 2022 at 01:25

Scotland

Hunt on for Scotland’s top tech innovator as part of UK-wide competition

The search for Scotland’s top tech innovator has begun, as part of a competition which promises to propel the winner on to the global stage. The competition, KPMG Private Enterprise Tech Innovator in the UK, is now in its ninth ...

20 Apr 2022 at 01:25

Scotland

Retail sales return to pre-Covid levels – but sector warns of ‘storm clouds’

Retail sales in Scotland have returned to pre-pandemic levels for the first time since the Covid crisis began, a study has revealed. The regular Scottish retail sales monitor found that overall sales in Scotland last month ...

20 Apr 2022 at 01:25

Retail sales jump in February despite pressure on consumer confidence

Retail sales growth accelerated last month as fashion and homewares benefited from the easing of pandemic restrictions, according to new figures. The latest BRC-KPMG retail sales monitor revealed that total sales jumped ...

08 Mar 2022 at 01:25

City

KPMG and auditor hit with £910,000 in fines after Revolution Bars failures

Auditing giant KPMG and one of its former staff have been hit with fines totalling £910,000 after mistakes they made when checking the accounts of Revolution Bars. The Financial Reporting Council (FRC) said that the ...

08 Mar 2022 at 10:25

Former energy minister leaves board of Russian metals giant as exodus continues

Former energy minister Greg Barker will step down as chairman of a Russian aluminium giant and auditors PwC and KPMG are cutting ties with the country as businesses react to sanctions against Moscow. Lord Barker, ...

07 Mar 2022 at 11:55

City

JD Sports delays results to give auditors time to assess Footasylum sell-off

JD Sports’ full-year results will be delayed to allow auditors more time to comb through the impact an enforced sell-off of Footasylum will have on the business. The Competition and Markets Authority (CMA) ...

17 Feb 2022 at 16:55

City

KPMG fined £3.37m by watchdog over Rolls-Royce audit failures

KPMG has been hit with a £3.37 million fine by the audit watchdog over failings working on accounts for engineering giant Rolls-Royce. The big four auditor was told it could face a fine of up £4.5 million ...

24 May 2022 at 13:04

Scotland

Retail sector faces ‘bumpy road’ amid cost-of-living crisis – report

Retail sales were close to pre-pandemic levels last month, although the cost-of-living crisis is making the recovery more challenging, according to a new report. The SRC-KPMG Scottish Retail Sales ...

18 May 2022 at 01:25

City

Ministers to rip up transparency rules for small firms to encourage job creation

The Government has launched a review which could lead to it ripping up transparency rules on what information some of the UK’s small companies must publish. Ministers have also revealed the ...

31 May 2022 at 01:01

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