http://rd.kpmg.co.uk/Topics/17928.htm Please find an overview of our media releases. de-de Fri, 23 Oct 2009 00:00:00 +0200 Mon, 31 Jan 2011 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/23823.htm Confidence in Government's ability to improve the state of the economy at a 5 year high. http://rd.kpmg.co.uk/Topics/23823.htm Thu, 21 Oct 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/23800.htm Chris Wilson, head of social housing at KPMG in the UK, said: “The increased rents at 80 percent of open market rents proposed by the Government for new social housing will be welcomed by Housing Associations as a step in the right direction, as many have been campaigning for relaxation of the rent cap for some time.” http://rd.kpmg.co.uk/Topics/23800.htm Wed, 20 Oct 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/23795.htm Hundreds of millions of savings to come from private sector businesses like hotels and IT businesses, with insolvencies likely to hit in summer 2011. http://rd.kpmg.co.uk/Topics/23795.htm Wed, 20 Oct 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/23793.htm Apprenticeships need private sector demand. http://rd.kpmg.co.uk/Topics/23793.htm Wed, 20 Oct 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/23791.htm Quentin Maxwell-Jackson, partner at KPMG, said “The Chancellor’s headline of a 23 percent cut in resource spending in the Ministry of Justice and a 50 per cent cut in capital spending will be extremely challenging to deliver in the coming years. It will require extremely strong implementation skills, which are in short supply.” http://rd.kpmg.co.uk/Topics/23791.htm Wed, 20 Oct 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/23783.htm "Today's announcement signalled a fascinating mix of change, challenge and potential opportunity for businesses that either currently have contracts or are planning to provide outsourcing services to the public sector," according to Paul Robb, Advisory partner, KPMG in the UK. http://rd.kpmg.co.uk/Topics/23783.htm Wed, 20 Oct 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/23776.htm Who are the winners and losers of the Spending Review? http://rd.kpmg.co.uk/Topics/23776.htm Wed, 20 Oct 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/23768.htm Richard Threlfall, UK Head of Infrastructure at KPMG in the UK comments on today's Spending Review announcement by the Chancellor. http://rd.kpmg.co.uk/Topics/23768.htm Wed, 20 Oct 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/23772.htm Jonathan Thompson, global head of real estate at KPMG comments on the ramifications of today’s spending cuts on the property market. http://rd.kpmg.co.uk/Topics/23772.htm Wed, 20 Oct 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/23764.htm "The Spending Review should serve as a clarion call to those who work in the public sector. There are some whose instinct is to protest against the cuts, while others may actually be relieved that the news wasn't quite as bad as expected", says Alan Downey, Head of Public Sector, KPMG in the UK. http://rd.kpmg.co.uk/Topics/23764.htm Wed, 20 Oct 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/23758.htm Alan Downey, head of public sector, KPMG in the UK, says the “Chancellor has pulled off a very tricky balancing act”, following today’s Spending Review announcement. The Chancellor has confirmed the government's commitment to cut public expenditure by £83 billion over the next four years. At the same time he has managed to avoid making cuts in some of the areas where further reductions were widely expected. http://rd.kpmg.co.uk/Topics/23758.htm Wed, 20 Oct 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/23759.htm Dr. Ashley Steel comments on the implications for the Department for Transport: "Although transport overall is the big winner with a £30bn capital settlement and Crossrail, tube investment and other key projects given the green light, people at the Department for Transport and its Arms Length Bodies will be swallowing a difficult pill following today's announcement." http://rd.kpmg.co.uk/Topics/23759.htm Wed, 20 Oct 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/23752.htm The Chancellor’s Spending Review announcement “signals the starting gun in a shift from public sector to private sector investment in public services” according to Bernard Brown, Head of Business Services, KPMG in the UK. http://rd.kpmg.co.uk/Topics/23752.htm Wed, 20 Oct 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/23750.htm “Although at first glance the headline messages seem reassuring, a look at the fine print reveals that the Chancellor is aiming to save money by curtailing entitlement to benefits, rather than the rate at which benefits are paid”, says Alan Downey, head of Public Sector. “A significant number of people will lose their eligibility for housing benefit, council tax benefit and out-of-work benefits.” http://rd.kpmg.co.uk/Topics/23750.htm Wed, 20 Oct 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/23754.htm Commenting on today’s Spending Review, Andrew Smith, chief economist at KPMG in the UK, said “For the first time in many years, government consumption and investment will subtract from GDP growth, by somewhere around ½ percent each year, for the next five years. While spending cuts and higher taxes have their part to play, the resumption of robust growth is crucial to the deficit reduction arithmetic.” http://rd.kpmg.co.uk/Topics/23754.htm Wed, 20 Oct 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/23756.htm Commenting on the bank tax levy announced in today's spending review of which details are to be published tomorrow, Tony Urwin, tax partner at KPMG in the UK, said: "The only 'news' here is that we are going to get the bank levy legislation a week or so earlier than we thought". http://rd.kpmg.co.uk/Topics/23756.htm Wed, 20 Oct 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/23738.htm Paul Harrison, Tax partner at KPMG in the UK comments that the £900 million to combat tax evasion announced in today’s Spending Review announcement “is not new but is a welcome reiteration of policy” and warns “don’t hit innocent taxpayers”. http://rd.kpmg.co.uk/Topics/23738.htm Wed, 20 Oct 2010 00:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/23740.htm Dr Ashley Steel, Global Chair for Transport at KPMG, comments: http://rd.kpmg.co.uk/mediareleases/23740.htm Wed, 20 Oct 2010 00:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/23734.htm - Prediction of Financial Collapses Ahead in Local Government sector - Huge increase in productivity vital http://rd.kpmg.co.uk/mediareleases/23734.htm Wed, 20 Oct 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/23683.htm Richard Threlfall, Head of Public Sector Infrastructure at KPMG, comments ahead of the Spending Review announcements: "While the Government has already announced a cut of 40% in capital expenditure, the CSR will be the first concrete indication of where that pain will fall." http://rd.kpmg.co.uk/Topics/23683.htm Tue, 19 Oct 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/23681.htm KPMG restructuring predicts large suppliers to public sector will reap rewards of consolidation while smaller suppliers will struggle to survive. http://rd.kpmg.co.uk/Topics/23681.htm Tue, 19 Oct 2010 00:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/22973.htm - Growing polarisation between the pensions ‘haves’ and ‘have nots’ as one in three FTSE 100 companies unable to pay pension deficits from current discretionary cash flow - Trustees need to maintain a long-term view to support their sponsors’ growth - £2 out of every £3 already being spent on past deficits rather than current employee benefits http://rd.kpmg.co.uk/mediareleases/22973.htm Tue, 31 Aug 2010 00:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/22915.htm But it could inadvertently act as a catalyst for wider economic changes that may adversely affect retail spending. http://rd.kpmg.co.uk/mediareleases/22915.htm Mon, 23 Aug 2010 00:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/22905.htm The latest focus study on skills, migration and off shoring in the CIPD/KPMG Labour Market Outlook report shows that demand for migrant workers has increased in line with improvements in the UK labour market during the past year. http://rd.kpmg.co.uk/mediareleases/22905.htm Mon, 23 Aug 2010 00:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/22889.htm Edinburgh corporate finance raise funding for tidal turbine developer Hammerfest Strøm http://rd.kpmg.co.uk/mediareleases/22889.htm Tue, 17 Aug 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/22831.htm Alan Downey, head of public sector at KPMG, comments on the Cabinet Office announcement of the Mutuals Pathfinders programme: http://rd.kpmg.co.uk/mediareleases/22831.htm Thu, 12 Aug 2010 00:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/22756.htm •UK retail sales values rose 0.5% on a like-for-like basis from July 2009, when sales had increased 1.8%. On a total basis, sales were up 2.6% against a 3.6% increase in July 2009. •Food sales growth picked up, though the growth was flattered by a smaller gain a year ago. Clothing sales growth was boosted by clearance deals but footwear was more difficult. Homewares fell back, with big-ticket items in particular hit by consumer uncertainty over job cuts and income prospects. •Non-food non-store sales (internet, mail-order and phone sales) slowed in July and were 11.3% higher than a year ago, the weakest growth for almost a year. http://rd.kpmg.co.uk/mediareleases/22756.htm Tue, 10 Aug 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/22729.htm The latest quarterly CIPD/KPMG Labour Market Outlook survey indicates that the employment recovery has stalled, but that the disparity between the public and private sector remains significant. But worse is to come as redundancy intentions have picked up among the 600 employers surveyed, representative of the whole economy. http://rd.kpmg.co.uk/mediareleases/22729.htm Mon, 09 Aug 2010 00:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/22725.htm • Number of fraud cases at 22-year high • Professional criminals top perpetrator list http://rd.kpmg.co.uk/mediareleases/22725.htm Mon, 09 Aug 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/22717.htm - while overall administration figures are down 19% on previous year. KPMG analysis of the Insolvency Service’s statistics for the second quarter of 2010, has shown that company voluntary arrangements (CVAs) are up 74% on the previous year, while administrations are down 19% for the same period. Transport companies saw the largest increase in CVAs agreed with a 100% increase. Real estate also saw a large increase at 47%. http://rd.kpmg.co.uk/Topics/22717.htm Fri, 06 Aug 2010 00:14:00 +0200 http://rd.kpmg.co.uk/mediareleases/22675.htm Personal insolvencies up by 5% from last year http://rd.kpmg.co.uk/mediareleases/22675.htm Fri, 06 Aug 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/22539.htm Key points: • Weaker rises in both permanent and temporary appointments. • Job vacancies increased at slowest pace for eight months. • Stronger rise in permanent salaries but temp pay growth slowed. http://rd.kpmg.co.uk/mediareleases/22539.htm Wed, 04 Aug 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/22527.htm • Technology presents new opportunities for efficiency and citizen engagement • Report outlines four-point plan for government to leverage new technologies http://rd.kpmg.co.uk/mediareleases/22527.htm Tue, 03 Aug 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/22504.htm . Manufacturing sector upbeat as services' confidence falters . UK manufacturing expectations only exceeded by USA, Brazil and India The latest Global Business Outlook survey, finds the UK’s manufacturing and services sectors expressing different sentiments, with optimistic manufacturers poised for growth while confidence in the service sector has deflated since the spring. Gautam Dalal, KPMG in the UK's head of Diversified Industrials, comments on the “progessive recovery" but warns of the "storm clouds gathering on the European horizon." http://rd.kpmg.co.uk/mediareleases/22504.htm Mon, 02 Aug 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/22140.htm Investment banking revenues prop up huge retail impairments http://rd.kpmg.co.uk/Topics/22140.htm Wed, 14 Jul 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/22157.htm -Most of the impact borne by those yet to retire but for 20 percent of schemes, existing pensioners likely to be hit too -Based on this data, KPMG estimates changes will reduce private sector pension deficits by around £45 billion* http://rd.kpmg.co.uk/Topics/22157.htm Tue, 13 Jul 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/22121.htm -while distressed deal freeze thaws http://rd.kpmg.co.uk/Topics/22121.htm Thu, 08 Jul 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/22107.htm • KPMG publishes its compliance guide to accompany Bribery Act http://rd.kpmg.co.uk/Topics/22107.htm Wed, 07 Jul 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21933.htm • Regulatory requirements may constrain the pursuit of alpha • Investor demands for simple, clear, low-risk products may inhibit innovation http://rd.kpmg.co.uk/Topics/21933.htm Thu, 24 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21910.htm -Business should not be complacent as major areas will be up for consultation http://rd.kpmg.co.uk/Topics/21910.htm Tue, 22 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21912.htm In response to Chancellor George Osborne’s announcement of a reduction in corporation tax and an increase in VAT, Nigel Harman, UK Head of Banking at KPMG, said: “The change to corporation tax announced today is a double-edged sword for banks. On the one hand, the gradual reduction in this tax over the next four years means that the value of deferred tax assets to UK banks will reduce considerably. Depending on the position of individual banks, we’ll likely see immediate P&L write-downs of up to 10% of the existing asset, further reducing UK banks’ profitability and generating a hit to their capital bases. For context, the top strata of European banks are currently holding approximately €90 billion of deferred tax assets in total. http://rd.kpmg.co.uk/Topics/21912.htm Tue, 22 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21906.htm Ian Hopkinson, head of People Services at KPMG in the UK comments: “The employment measures announced today leave higher earners largely unaffected, but provide some measure of relief for employers and basic rate tax payers. http://rd.kpmg.co.uk/Topics/21906.htm Tue, 22 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21903.htm Dr. Ashley Steel, KPMG’s Global Chair for Infrastructure and Transport comments on the Chancellor’s plans for the sale of government assets: “The extent to which the asset sale plans have progressed is disappointing. Given the government’s focus on innovation we would have liked to have heard from the Chancellor a ‘call for ideas’ on how the next round of government divestments could be achieved.” http://rd.kpmg.co.uk/Topics/21903.htm Tue, 22 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21900.htm George Osborne delivered a carefully balanced budget leaving many SMEs feeling that they haven’t done too badly as the UK attempts to address the budget deficit. http://rd.kpmg.co.uk/Topics/21900.htm Tue, 22 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21897.htm Commenting on today’s Budget announcement, Jonathan Thompson, Global Head of Real Estate, said: “The major impact of the Budget for the property industry will be the cuts in Government spending and the consequential reduction in the Government occupied estate. To illustrate, it has already been announced that 150 magistrates’ courts are to close and North Dorset is ceasing to fund sports and arts with the closure of its leisure centre.” http://rd.kpmg.co.uk/Topics/21897.htm Tue, 22 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21894.htm Commenting on today’s Budget announcement, Fiona McDermott, Head of Building & Construction at KPMG, said: “Given that the Chancellor has announced a cut of 25 percent across most of the departments, we can expect a streamlined procurement process – there will simply be less staff to administer it." http://rd.kpmg.co.uk/Topics/21894.htm Tue, 22 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21892.htm Relatively speaking, UK plc may be breathing a sigh of relief today as the Chancellor delivered a budget which announced business tax cuts and measures to stimulate job creation. He also confirmed that the recovery would be private sector-led and confirmed his intention that the UK would be a competitive place to do business. http://rd.kpmg.co.uk/Topics/21892.htm Tue, 22 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21888.htm Today’s Budget saw no changes to inheritance tax – the nil rate band remains at £325,000 and the death rate at 40%. http://rd.kpmg.co.uk/Topics/21888.htm Tue, 22 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21885.htm In response to Chancellor George Osborne’s announcement of a levy on bank balance sheets, Nigel Harman, UK Head of Banking at KPMG, said: “The levy is no surprise and is clearly designed to encourage banks to rebalance towards retail funding. While there’s a risk the pressure on funding could ultimately restrict lending, it’s more likely banks will look to raise rates in order to attract additional retail funding in a highly competitive market. In an effort to maintain margins, these costs could be filtered through to consumer and small business loan rates, potentially putting additional pressure on the housing market, ceteris paribus." http://rd.kpmg.co.uk/Topics/21885.htm Tue, 22 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21881.htm Dr. Ashley Steel, KPMG’s Global Chair for Infrastructure and Transport comments on the Chancellor’s plans for regional transport projects: “Among the winners of the Chancellor’s emergency budget are the regions. The Chancellor has expressed his commitment to important regional transport projects, such as the Tyne & Wear Metro, the extension of the Manchester Metrolink and the redevelopment of Birmingham New Street." http://rd.kpmg.co.uk/Topics/21881.htm Tue, 22 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21877.htm Andrew Cawley, UK Head of Pensions at KPMG commented: “If the Government’s intention was to spread the burden of restricting pension tax relief, then the annual allowance approach announced today, achieves this. Rather than affecting 2 percent of pension savers, it could now impact many more higher rate tax payers – around 10 percent of all pension savers. http://rd.kpmg.co.uk/Topics/21877.htm Tue, 22 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21872.htm Commenting on today’s Budget announcement, Fiona McDermott, Head of Building & Construction at KPMG, said: “The construction industry can take great comfort that the Chancellor has confirmed that there will be no further cuts to capital expenditure on infrastructure projects. This was much better than expected as businesses in the sector were anticipating further austerity cuts; in clear recognition of the value and necessity of infrastructure investment." http://rd.kpmg.co.uk/Topics/21872.htm Tue, 22 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21870.htm “Silence is golden” so far as the UK’s non-dom community is concerned, according to David Kilshaw, Head of Private Client at KPMG. http://rd.kpmg.co.uk/Topics/21870.htm Tue, 22 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21866.htm “If anyone working in the public sector hadn’t got the message so far, it will have hit home today. The scale of the crisis facing the public sector is unprecedented and the cuts announced are even deeper and more painful than expected.” http://rd.kpmg.co.uk/Topics/21866.htm Tue, 22 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21859.htm David Kilshaw, Head of Private Client at KPMG, said: “Second home owners now face an extra 10% tax bill when they sell. The desire to maximize the main residence reliefs will inevitably increase. There is a danger that ‘flipping’ will be the game in town…and the countryside.” http://rd.kpmg.co.uk/Topics/21859.htm Tue, 22 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21855.htm David Kilshaw, Head of Private Client at KPMG, said: “A 28% rate sounds relatively good in the circumstances – but only because people were fearing a 50% rate. It still gives the UK one of the highest rates in Europe: this is one league table we are near the top of. http://rd.kpmg.co.uk/Topics/21855.htm Tue, 22 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21852.htm “Cuts and tax rises shocking at first glance but Chancellor ought to be congratulated on a comprehensive and balanced package of measures” http://rd.kpmg.co.uk/Topics/21852.htm Tue, 22 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21849.htm VAT implementation most acutely felt by SMEs http://rd.kpmg.co.uk/Topics/21849.htm Tue, 22 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21863.htm The Emergency Budget today announced proposed reductions in the main two rates of Capital Allowances. The main rate will be reduced from 20% to 18% and the special rate (for long life assets and integral features) from 10% to 8%. These reductions are utilized to pay in part for the up coming phased reduction in the headline corporation tax rate from 28% to 24%. http://rd.kpmg.co.uk/Topics/21863.htm Tue, 22 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21847.htm Dr. Ashley Steel, KPMG’s Global Chair for Infrastructure and Transport comments on the Chancellor’s capital spending plans. http://rd.kpmg.co.uk/Topics/21847.htm Tue, 22 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21843.htm Commenting on today’s Emergency Budget, KPMG chief economist Andrew Smith said: “This is a kill or cure budget. The aim is to eliminate the structural deficit over this parliament, but it risks choking off the recovery. http://rd.kpmg.co.uk/Topics/21843.htm Tue, 22 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21840.htm - 2011 Blow to retailers as VAT increase confirmed - UK drops from 3rd lowest to joint 12th highest VAT rates in EU http://rd.kpmg.co.uk/Topics/21840.htm Tue, 22 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21792.htm Jane Moriarty and Allan Graham at KPMG, were appointed joint administrators to the Eton Group Ltd, Academy Town House Hotel Ltd, Colonnade Town House Hotel Ltd, Threadneedle Town House Hotel Ltd, Quebec Town House Hotel Ltd and The Glasshouse Hotel Ltd, (“the companies”) on 16 June 2010. http://rd.kpmg.co.uk/Topics/21792.htm Thu, 17 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21789.htm The administrators of Pilkington’s Group, the leading manufacturer and distributer of wall and floor tiles, have confirmed today that production of tiles at the Poole factory in Dorset will not be recommenced. The closure has resulted in the redundancy of 37 employees today. The remaining 8 employees at the Poole site will be retained in the short term to maintain the site and despatch existing orders. http://rd.kpmg.co.uk/Topics/21789.htm Wed, 16 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21774.htm • Retail sales in central London in May were 11.6% higher on a like-for-like basis than a year ago, when sales had risen only 1.7%. Stronger consumer confidence in London helped boost sales. • Retail footfall in May picked up to just above its year-earlier level, after a year-on-year decline in April. Special sales events and discounts helped attract shoppers into the capital. • Sterling’s weakness continued to attract overseas visitors, especially from western Europe, China and the Middle East. Tourists began to return to the UK after the volcanic ash disruption eased. • Food sales strengthened again after Easter distortions had depressed sales in April. Non-food similarly picked up. Clothing, footwear and outdoor leisure were boosted by sunny weather. http://rd.kpmg.co.uk/Topics/21774.htm Mon, 14 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21754.htm KPMG’s UK private client advisory practice was a double winner at the 2010 Citywealth Magic Circle Awards last night. http://rd.kpmg.co.uk/Topics/21754.htm Tue, 15 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21715.htm Blair Nimmo, of KPMG was appointed Provisional Liquidator of St Margaret’s School (Edinburgh) Limited (“the School”) and of its 100% subsidiary St Hilary's House Limited (“St Hilary’s”) on 10 June 2010. http://rd.kpmg.co.uk/Topics/21715.htm Fri, 11 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21718.htm Business leaders around the UK would overwhelmingly prefer an increase in VAT to any other tax rise – should tax increases be announced at the June 22 Budget - according to KPMG’s latest quarterly National Business Confidence Survey. http://rd.kpmg.co.uk/Topics/21718.htm Mon, 14 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21698.htm - CPPR report looks at the degree to which higher spend in Scotland may be warranted by causal factors - KPMG says health service in Scotland may need to demonstrate further efficiencies in response to this year’s Spending Review http://rd.kpmg.co.uk/Topics/21698.htm Thu, 10 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/21687.htm Paul Flint and Brian Green from KPMG Restructuring have today been appointed Joint Administrators of North West Precision Forms Ltd. http://rd.kpmg.co.uk/mediareleases/21687.htm Wed, 09 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21679.htm Permanent placements continued to rise in May, although rate of growth eased further. http://rd.kpmg.co.uk/Topics/21679.htm Wed, 09 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/21646.htm At the request of the directors, Paul Flint and Brian Green from KPMG Restructuring have been appointed as joint administrators of Touchline (UK) Limited. http://rd.kpmg.co.uk/mediareleases/21646.htm Tue, 08 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21654.htm If public sector productivity growth in the last decade had kept pace with productivity growth in the private sector the UK could have received the same quality and quantity of public service for £60 billion less per year, a new report by KPMG claims. http://rd.kpmg.co.uk/Topics/21654.htm Tue, 08 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21648.htm Retail sales values rose 0.8% on a like-for-like basis from May 2009, when sales had fallen 0.8%. On a total basis, sales were up 3.0% against a 0.8% increase in May 2009. http://rd.kpmg.co.uk/Topics/21648.htm Tue, 08 Jun 2010 00:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/21639.htm New report finds that demands from institutional investors are transforming the alternative investment industry http://rd.kpmg.co.uk/mediareleases/21639.htm Mon, 07 Jun 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/21606.htm Other key findings: - Life expectancy assumptions stable for first time after rising steadily since survey began in 2004 - Average real salary growth assumptions fall, reflecting effects of economic downturn on expected pay levels http://rd.kpmg.co.uk/mediareleases/21606.htm Tue, 01 Jun 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/21603.htm “The excitement around today’s iPad launch clearly shows that Apple have once again been successful in delivering the form factor their customers want and with other tablets due for release in the coming months this sector will no doubt grow exponentially over the coming twelve months from a consumer perspective. http://rd.kpmg.co.uk/mediareleases/21603.htm Fri, 28 May 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/21462.htm Commenting on today’s coalition document, Anneli Collins, head of tax policy at KPMG in the UK, said: http://rd.kpmg.co.uk/Topics/21462.htm Thu, 20 May 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/21453.htm Hospitals operated under the terms of PFI (Private Finance Initiative) are self-assessed as having better patient environments than conventionally procured hospitals. PFI hospitals are also self-assessed as being cleaner, according to new research published by KPMG in collaboration with the University College London (UCL). http://rd.kpmg.co.uk/mediareleases/21453.htm Wed, 19 May 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/21436.htm 17 May, 2010:Predictions that trading will remain tight in 2010 are being borne out by the latest industry sales data from the Coffer Peach Business Tracker. The 15 major pub and restaurant operators participating in the Tracker survey collectively saw April like-for-like sales ahead just 0.7% on the same month last year. Total sales were up 2.0% on April 2009. The latest figures are an improvement on March’s performance, when like-for-like sales fell back 0.4% and total sales were up just 1.0% on March 2009. http://rd.kpmg.co.uk/mediareleases/21436.htm Tue, 18 May 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/21393.htm KPMG’s UK private client advisory practice was a double winner at the 2010 Citywealth Magic Circle Awards last night. http://rd.kpmg.co.uk/Topics/21393.htm Fri, 14 May 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/21269.htm KPMG in the UK announces that Alastair McLeish will become UK Head of Tax and Pensions with effect from 1 July 2010. http://rd.kpmg.co.uk/Topics/21269.htm Fri, 07 May 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/21245.htm The Recruitment and Employment Confederation (REC) and KPMG Report on Jobs – published today – provides the most comprehensive guide to the UK labour market, drawing on original survey data provided by recruitment consultancies. http://rd.kpmg.co.uk/Topics/21245.htm Wed, 05 May 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/21239.htm Jeremy Anderson is the new Chairman of KPMG’s Global Financial Services practice. http://rd.kpmg.co.uk/Topics/21239.htm Tue, 04 May 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/21202.htm KPMG has won the Award for ‘Business Strategy’ for its work at Royal Bank of Scotland (‘RBS’), at the Management Consultancies Association’s (‘MCA’) Management Awards held in London last night. http://rd.kpmg.co.uk/Topics/21202.htm Fri, 30 Apr 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/21197.htm Today the IASB announced a change to the way that pension costs are recorded in profits which will hit UK businesses’ earnings by around £10 billion, with an impact of over £50 million per annum on the employers with the largest pension schemes, according to KPMG in the UK. http://rd.kpmg.co.uk/Topics/21197.htm Thu, 29 Apr 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/21116.htm KPMG is increasing its planned UK intake of graduates, school leavers and interns from 900 to over 1,000 for September 2010. http://rd.kpmg.co.uk/Topics/21116.htm Thu, 22 Apr 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/21077.htm Legislation requires new levels of training and encourages an assessment of recruitment, induction, training and retention policies and procedures http://rd.kpmg.co.uk/Topics/21077.htm Tue, 20 Apr 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/21059.htm KPMG has expanded the economics and regulation team within its communications practice with the appointment of a new Director, Benoit Reillier. http://rd.kpmg.co.uk/Topics/21059.htm Tue, 20 Apr 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/21031.htm Consumer are spending less on traditional and digital media than six months ago, but consuming more, according to the latest KPMG Media and Entertainment Barometer, published today. http://rd.kpmg.co.uk/mediareleases/21031.htm Mon, 19 Apr 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/21022.htm KPMG helping Trustee undertake a strategy review with the objective of reducing risk http://rd.kpmg.co.uk/mediareleases/21022.htm Fri, 16 Apr 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20997.htm New Bribery Bill - perfect opportunity for boards to review overall risk framework http://rd.kpmg.co.uk/Topics/20997.htm Mon, 12 Apr 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20991.htm Brian Green and Paul Flint from KPMG’s Restructuring practice in Manchester have been appointed joint administrators to Bethell Rail Limited. http://rd.kpmg.co.uk/mediareleases/20991.htm Tue, 13 Apr 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20981.htm UK retail sales values rose 4.4% on a like-for-like basis from March 2009, when sales had dropped 1.2%. Good Friday and Easter Saturday falling in the March trading period this year but in April 2009 boosted the year-on-year comparison. On a total basis, sales rose 6.6% against only 0.6% growth in March 2009. http://rd.kpmg.co.uk/Topics/20981.htm Tue, 13 Apr 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20967.htm UK retail sales values rose 4.4% on a like-for-like basis from March 2009, when sales had dropped 1.2%. Good Friday and Easter Saturday falling in the March trading period this year but in April 2009 boosted the year-on-year comparison. On a total basis, sales rose 6.6% against only 0.6% growth in March 2009. http://rd.kpmg.co.uk/Topics/20967.htm Tue, 13 Apr 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20969.htm Cash strapped Governments around the world may consider relaxing current online gaming rules and restrictions in order to provide a much needed boost to tax revenues according to a new KPMG report: ‘Online Gaming: A Gamble or a Sure Bet?’ http://rd.kpmg.co.uk/mediareleases/20969.htm Tue, 13 Apr 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20916.htm “New car registrations in March rose 26.6% on the back of low volumes last year. This is mainly due to destocking in the industry during early 2009 and the scrappage scheme. However there is also a small glimmer of real consumer-led growth in these numbers which provides grounds for cautious optimism which extends to the fleet segment as well. http://rd.kpmg.co.uk/mediareleases/20916.htm Fri, 09 Apr 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20884.htm • Revenue leakage worldwide estimated to be an average of 1 - 3 percent of total revenue • UK operators among the most effective at tackling the issue http://rd.kpmg.co.uk/mediareleases/20884.htm Wed, 07 Apr 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20881.htm - Strongest growth of permanent placements since October 1997. - Temporary/contract staff billings rose at sharpest rate for thirty-four months. - Further rise in candidate availability. http://rd.kpmg.co.uk/mediareleases/20881.htm Wed, 07 Apr 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20877.htm - KPMG suggests five ways to avoid a £500,000 data breach fine http://rd.kpmg.co.uk/mediareleases/20877.htm Tue, 06 Apr 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20874.htm - compared with distressed deal dearth http://rd.kpmg.co.uk/mediareleases/20874.htm Thu, 01 Apr 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20865.htm ·Importance of tax regime on where to locate increases significantly ·Nearly half of companies surveyed have now considered leaving UK – up slightly from last year ·New 50 percent top rate of personal tax seen as making the UK less attractive http://rd.kpmg.co.uk/mediareleases/20865.htm Wed, 31 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20851.htm Over sixty percent of company directors believe that auditors have become more cautious in the last two years, according to a survey by KPMG. At the same time, over forty percent say that their relationship with their auditor has improved while forty percent say it has stayed the same. http://rd.kpmg.co.uk/mediareleases/20851.htm Tue, 30 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20848.htm • Optimists now outweigh pessimists by five to one • UK manufacturing more upbeat than service sector - and most optimistic in EU http://rd.kpmg.co.uk/mediareleases/20848.htm Mon, 29 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20803.htm Alan Downey, UK Head of Public Sector comments on the announcement that progress is being made towards the sale of assets such as the Tote, the Student Loans Portfolio and the Dartford Crossing: http://rd.kpmg.co.uk/mediareleases/20803.htm Wed, 24 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20801.htm Government Support Paramount to Auto Future says KPMG http://rd.kpmg.co.uk/mediareleases/20801.htm Wed, 24 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20799.htm - Bank accounts for everyone - Agreed lending obligations to business of £94bn over the next year - Lending complaints special commission - FSA will speed up new licensing to encourage competition - Calls for the G20 to implement an international systemic risk tax http://rd.kpmg.co.uk/mediareleases/20799.htm Wed, 24 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20795.htm Commenting on how Budget announcements will affect entrepreneurs and private equity, Anneli Collins, Head of M&A Tax at KPMG, said: "The Budget is generally good news for entrepreneurs and private equity. http://rd.kpmg.co.uk/mediareleases/20795.htm Wed, 24 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20793.htm - Some encouraging measures but speed is of the essence http://rd.kpmg.co.uk/mediareleases/20793.htm Wed, 24 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20790.htm http://rd.kpmg.co.uk/mediareleases/20790.htm Wed, 24 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20789.htm Alan Downey, UK Head of Public Sector comments on budget announcement: http://rd.kpmg.co.uk/mediareleases/20789.htm Wed, 24 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20787.htm £2bn capital sum proposed offers only a fraction of £400bn UK needs in infrastructure investment over the next ten years http://rd.kpmg.co.uk/mediareleases/20787.htm Wed, 24 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20785.htm Chris Morgan, head of the EU law group, at KPMG in the UK, commented: "Charities in Europe and Scandinavia received a budget bonus today as the government announced the extension of charitable tax reliefs to certain bodies operating in these territories as a result of a European Court Ruling. http://rd.kpmg.co.uk/mediareleases/20785.htm Wed, 24 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20783.htm - But affordability and mortgage availability remain key problems - Measure comes with tight restrictions http://rd.kpmg.co.uk/mediareleases/20783.htm Wed, 24 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20779.htm Paul Harrison, UK head of tax investigations, KPMG said: "The changes announced today will provide future governments with a big stick for dealing with off-shore tax evasion. http://rd.kpmg.co.uk/mediareleases/20779.htm Wed, 24 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20777.htm The wealthy aside, there were few tax rises in today's Budget. However, the Chancellor has confirmed the freezing of personal allowances for all. http://rd.kpmg.co.uk/mediareleases/20777.htm Wed, 24 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20775.htm The Chancellor announced today that the IHT nil rate band will be frozen at £325,000 until 2014/15. http://rd.kpmg.co.uk/mediareleases/20775.htm Wed, 24 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20751.htm In response to the Chancellor's announcement extending HMRC's 'Time to pay' scheme, which supports companies in distress struggling to pay their tax bills, Richard Fleming, UK Head of Restructuring, commented: http://rd.kpmg.co.uk/mediareleases/20751.htm Wed, 24 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20772.htm Jonathan Thompson, Global Head of Real Estate at KPMG comments on the government’s announcement to get better value out of its property value: http://rd.kpmg.co.uk/mediareleases/20772.htm Wed, 24 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20768.htm The Chancellor announced today that the CGT rate would remain at 18%. Entrepreneurs relief was doubled – with a 10% rate applying to the first £2m of gains compared to £1m previously. http://rd.kpmg.co.uk/mediareleases/20768.htm Wed, 24 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20764.htm Anneli Collins, head of tax policy, at KPMG in the UK, commented: “It’s unfortunate that today’s budget contained no radical thinking as regards the taxation of corporate sector. This is disappointing given that the Chancellor recognised that one key element in repaying the country’s debt will be growth of the economy and business is, after all, the engine of that growth. http://rd.kpmg.co.uk/mediareleases/20764.htm Wed, 24 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20758.htm - UK lags Continental Europe in offshore wind manufacturing - ‘Green bank’ funding will give energy industry ‘small nudge’ rather than ‘big shove’ http://rd.kpmg.co.uk/mediareleases/20758.htm Wed, 24 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20745.htm Budget is missed opportunity to prepare public sector for a radical programmed of large scale transformation http://rd.kpmg.co.uk/mediareleases/20745.htm Wed, 24 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20739.htm • Full consultation required before any reform of interest deductibility rules, recommends KPMG • Restricting interest deductibility and / or removing capital allowances would create clear winners and losers, according to KPMG report http://rd.kpmg.co.uk/Topics/20739.htm Wed, 24 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20735.htm KPMG experience shows two thirds of participating organisations risk financial penalties http://rd.kpmg.co.uk/Topics/20735.htm Tue, 23 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20664.htm Alan Downey, KPMG’s UK Head of Public Sector comments on the need for a “strategic transformation” of the public sector in order to tackle the budget deficit: http://rd.kpmg.co.uk/Topics/20664.htm Fri, 19 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20661.htm Fiona McDermott, KPMG’s UK Head for Building and Construction comments on the possible implications of any spending cuts for the construction industry: http://rd.kpmg.co.uk/Topics/20661.htm Fri, 19 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20582.htm - Retail banking should begin a slow climb to growth, assuming economic recovery - Questions hang over the sustainability of investment banking performance http://rd.kpmg.co.uk/Topics/20582.htm Wed, 17 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20530.htm The UK eating and drinking-out market moved back into positive territory in February – or at least the country’s leading restaurant and pub operators did. http://rd.kpmg.co.uk/Topics/20530.htm Mon, 15 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20509.htm Richard Threlfall, UK head of transport at KPMG, comments on the high-speed rail plans announced by the government today: http://rd.kpmg.co.uk/mediareleases/20509.htm Thu, 11 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20488.htm The Leeds City Region has appointed KPMG to advise on its structure, remit and the delivery of investment decision-making. http://rd.kpmg.co.uk/Topics/20488.htm Tue, 09 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20485.htm UK retail sales values rose 2.2% on a like-for-like basis from February 2009, when sales had dropped 1.8%, hit by snow and consumer caution. On a total basis, sales rose 4.5% against only 0.1% growth in February 2009. http://rd.kpmg.co.uk/Topics/20485.htm Tue, 09 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20475.htm But deal volumes out of the developed economies fall for a fourth consecutive period. http://rd.kpmg.co.uk/Topics/20475.htm Mon, 08 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20472.htm Commenting at the start of the International Hotel Investment Forum (IHIF) 2010 in Berlin on the 8th-10th March, Richard Hathaway, Head of Travel, Leisure and Tourism at KPMG said: http://rd.kpmg.co.uk/Topics/20472.htm Mon, 08 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20456.htm Organisations across the UK have less than 20 working days until they need to start complying with the Government’s new Carbon Reduction Commitment (CRC), or face penalties that will hit their bottom line, even before carbon trading begins in 2011, warns business advisors KPMG. http://rd.kpmg.co.uk/Topics/20456.htm Fri, 05 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20447.htm Industry’s own “swappage” initiative may cushion the blow http://rd.kpmg.co.uk/Topics/20447.htm Thu, 04 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20422.htm The Recruitment and Employment Confederation (REC) and KPMG Report on Jobs – published today – provides the most comprehensive guide to the UK labour market, drawing on original survey data provided by recruitment consultancies. http://rd.kpmg.co.uk/Topics/20422.htm Wed, 03 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20400.htm Legislation will fundamentally change the savings and investments landscape with wide-reaching implications for insurers, banks, asset managers and IFAs http://rd.kpmg.co.uk/Topics/20400.htm Mon, 01 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20391.htm Global recession puts pressure on tax departments to deliver greater value and manage risk effectively – despite significant resource constraints http://rd.kpmg.co.uk/Topics/20391.htm Mon, 01 Mrz 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20381.htm Paul Flint and Brian Green from KPMG Restructuring have been appointed as joint administrators of Metalbuild Limited, the Merseyside-based designer and manufacturer of industrial steelwork. http://rd.kpmg.co.uk/Topics/20381.htm Fri, 26 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20376.htm India confirmed today in its annual budget that its economy has grown by 7.2 percent in the current full year (2009-10) and announced a growth target of 8.5 percent for next year (2010-11). http://rd.kpmg.co.uk/Topics/20376.htm Fri, 26 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20367.htm Paul Flint and Brian Green from KPMG Restructuring have been appointed as joint administrators of Blackburns DMS Limited, the Leeds-based direct mail company. http://rd.kpmg.co.uk/Topics/20367.htm Fri, 26 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20357.htm KPMG takes top advisory prize at 2010 Euromoney Islamic Finance Awards http://rd.kpmg.co.uk/Topics/20357.htm Fri, 26 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20341.htm KPMG predicts majority of deals will be small to medium sized and triggered by stressed and distressed situations. http://rd.kpmg.co.uk/Topics/20341.htm Fri, 26 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20324.htm · Complaints are a gift, and source of competitive advantage for proactive firms · Successful firms can “future-proof” current business by learning from mistakes of the past http://rd.kpmg.co.uk/mediareleases/20324.htm Thu, 25 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20318.htm Paul Flint and Brian Green from KPMG Restructuring have today been appointed as joint administrators of Bobby Jones Lifestyle Limited, the Preston-based wholesaler of golf clothing and accessories. http://rd.kpmg.co.uk/Topics/20318.htm Thu, 25 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20282.htm The creditors of Speciality Retail Group Ltd (SRG), the menswear retailer, which trades as the Suits You, Racing Green and Young’s brands, have voted through the company voluntary arrangement (CVA) proposal, which sets out a financial compromise between landlords and the company. http://rd.kpmg.co.uk/Topics/20282.htm Tue, 23 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20263.htm KPMG has appointed Michelle Quest as UK Head of People, to lead the UK firm’s people strategy and policy development. http://rd.kpmg.co.uk/Topics/20263.htm Mon, 22 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20250.htm Public service delivery in the UK needs to be redefined and fundamentally transformed as the country tackles the budget deficit and enters what could be a decade of austerity, a study by advisory firm KPMG recommends. http://rd.kpmg.co.uk/mediareleases/20250.htm Mon, 22 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20230.htm Regulation remains key driver of convergence http://rd.kpmg.co.uk/mediareleases/20230.htm Fri, 19 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20227.htm The CIPD and KPMG today release the migrant worker findings from their quarterly Labour Market Outlook survey, a week ahead of the ONS Migration Statistics Quarterly Report. The findings from the Labour Market Outlook survey show that the recession has not dampened employers’ enthusiasm for hiring migrant workers. Around one in five (19%) employers recruited migrant workers in the past three months, with public sector employers more likely to hire migrant workers than private sector employers (24% compared to 15%). http://rd.kpmg.co.uk/mediareleases/20227.htm Fri, 19 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20214.htm Allan Graham and David Standish from KPMG Restructuring were appointed Joint Administrators of The Print Factory London (1991) Limited, DSR Group Limited, Reelform 2007 Limited on Wednesday 17 February 2010. http://rd.kpmg.co.uk/Topics/20214.htm Thu, 18 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20206.htm Commenting on the Society of Motor Manufacturers and Traders (SMMT) production figures, Mike Steventon, Partner with KPMG’s automotive group said: http://rd.kpmg.co.uk/Topics/20206.htm Thu, 18 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20196.htm Yvo De Boer, one of the world’s leading authorities on climate change and sustainability, is leaving his international role with the United Nations to join KPMG, the global network of professional service firms. http://rd.kpmg.co.uk/Topics/20196.htm Thu, 18 Feb 2010 00:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20150.htm Retail sales in central London in January were 3.5% higher on a like-for-like basis than a year ago, when sales had risen 6.5%. This was the worst January sales growth since 2005. http://rd.kpmg.co.uk/mediareleases/20150.htm Mon, 15 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20158.htm More redundancies and a substantial fall in employment intentions in the public sector marks a difficult quarter for the jobs market, despite the UK’s emergence from recession. http://rd.kpmg.co.uk/Topics/20158.htm Mon, 15 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20143.htm Severe weather during early January took its toll on Britain’s eating and drinking out market. http://rd.kpmg.co.uk/Topics/20143.htm Mon, 15 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20108.htm UK retail sales values fell 0.7% on a like-for-like basis from January 2009, when sales had risen 1.1%. On a total basis, sales rose 1.2% against a 3.2% increase in January 2009. http://rd.kpmg.co.uk/Topics/20108.htm Tue, 09 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20063.htm - 25% increase on previous quarter http://rd.kpmg.co.uk/mediareleases/20063.htm Fri, 05 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/20049.htm Speciality Retail Group Ltd (SRG), the menswear retailer, which trades as the Suits You, Racing Green and Young’s brands, has announced today a company voluntary arrangement (CVA) proposal. SRG runs 71 stores across the UK and employs approximately 300 people. There will be no immediate store closures or redundancies. http://rd.kpmg.co.uk/mediareleases/20049.htm Thu, 04 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20046.htm At its February meeting, the Monetary Policy Committee (MPC) voted not to extend its asset purchase programme this month. Andrew Smith, KPMG Chief Economist commented: http://rd.kpmg.co.uk/Topics/20046.htm Thu, 04 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20043.htm Mark Firmin and Howard Smith from KPMG Restructuring have been appointed joint administrators to Drivelink UK Limited, an independent automotive component re-manufacturer based in Gateshead. http://rd.kpmg.co.uk/Topics/20043.htm Thu, 04 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20040.htm “New car sales continue to show year on year growth, with new car registrations rising by 29.8% in January to 145,479 units. http://rd.kpmg.co.uk/Topics/20040.htm Thu, 04 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20036.htm KPMG have hired Jacky Ross as Partner, Sheila Pringle as Associate Partner and Joy Voyle as a Director to lead the firm’s financial management team which will focus on the infrastructure, government and health sectors. http://rd.kpmg.co.uk/Topics/20036.htm Wed, 03 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20033.htm KPMG in the UK has appointed tax partner, Anneli Collins, to the role of head of tax policy in the UK. http://rd.kpmg.co.uk/Topics/20033.htm Wed, 03 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20030.htm The Recruitment and Employment Confederation (REC) and KPMG Report on Jobs – published today – provides the most comprehensive guide to the UK labour market, drawing on original survey data provided by recruitment consultancies. http://rd.kpmg.co.uk/Topics/20030.htm Wed, 03 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/20014.htm KPMG in the UK has lent its support to the Accounting Standards Board’s (ASB’s) proposal of further convergence between UK and international financial reporting standards, in its response to the ASB’s latest consultation on the future of UK Generally Accepted Accounting Practice (UK GAAP). http://rd.kpmg.co.uk/Topics/20014.htm Tue, 02 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19994.htm Whilst the UK has recently exited recession it appears that football may just be entering it, according to KPMG’s Football Transfer Monitor. http://rd.kpmg.co.uk/mediareleases/19994.htm Tue, 02 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19991.htm The scheme payment percentage for Sovereign Marine & General Insurance Company Limited (“Sovereign”) has been increased from 65% to 80% with effect from 1st February 2010. http://rd.kpmg.co.uk/Topics/19991.htm Mon, 01 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19979.htm British companies are the most bullish in Europe about their prospects for future growth, with 83% of chief executives claiming that the outlook for their business in 2010 is either good or very good, according to new research from KPMG International. http://rd.kpmg.co.uk/Topics/19979.htm Mon, 01 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19975.htm The majority of public sector executives in the UK think that lack of funding and government effectiveness are the top challenges to delivering infrastructure projects, according to a survey commissioned by KPMG. http://rd.kpmg.co.uk/Topics/19975.htm Mon, 01 Feb 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19960.htm Commenting on the FSA’s announcement today on how it will translate the Walker Review into tangible rule changes, Marcus Sephton, head of regulatory services at KPMG said: http://rd.kpmg.co.uk/mediareleases/19960.htm Thu, 28 Jan 2010 00:09:00 +0200 http://rd.kpmg.co.uk/mediareleases/19954.htm - Businesses reluctant to review executive long-term incentive plans when business performance is static or worse - 2010 likely to see a sharp uplift in number of new and amendments to existing executive long-term incentive plans if economy picks up http://rd.kpmg.co.uk/mediareleases/19954.htm Thu, 28 Jan 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19944.htm - Innovation key to staying ahead of increased competition from Middle East and China - Joint Ventures and strategic alliances set to increase http://rd.kpmg.co.uk/mediareleases/19944.htm Wed, 27 Jan 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19932.htm Alan Downey, Head of Public Sector at KPMG comments on the fact that the UK economy has come out of recession: http://rd.kpmg.co.uk/Topics/19932.htm Tue, 26 Jan 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19919.htm Commenting in advance of the UK GDP figure announcement tomorrow, Simon Collins, Head of Corporate Finance at KPMG said: http://rd.kpmg.co.uk/Topics/19919.htm Tue, 26 Jan 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19914.htm Difficult decisions to be made and one “slip” could trigger a disproportionately large tax bill, according to KPMG in the UK http://rd.kpmg.co.uk/Topics/19914.htm Mon, 25 Jan 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19906.htm More businesses fail coming out of a recession – automotive industry still on thin ice, says KPMG http://rd.kpmg.co.uk/Topics/19906.htm Fri, 22 Jan 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19903.htm The 2000s were a decade of fraud, according to KPMG Forensic’s Fraud Barometer, reaching a peak in 2009 when a record £1.3bn of cases came to court. http://rd.kpmg.co.uk/Topics/19903.htm Mon, 25 Jan 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19899.htm KPMG’s quarterly review and predictions for management buyout (MBO) activity has shown that, following the cliff drop post-Lehman, deal values are starting to hold up, suggesting a slow but assured increase in private equity activity in 2010. http://rd.kpmg.co.uk/Topics/19899.htm Mon, 25 Jan 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19896.htm Following its January sitting, the KPMG/Synovate Retail Think Tank (RTT) revealed the following: http://rd.kpmg.co.uk/Topics/19896.htm Fri, 22 Jan 2010 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/19830.htm Like-for-like sales across Britain’s leading pub and restaurant groups grew 2.9% in December, compared to the same month in 2008. http://rd.kpmg.co.uk/Topics/19830.htm Mon, 18 Jan 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19807.htm MEF’s fourth Business Confidence Index (BCI), compiled by KPMG, points to signs of recovery and a clear trajectory of revenue growth of 28% for the coming year. http://rd.kpmg.co.uk/Topics/19807.htm Mon, 18 Jan 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19718.htm “Audit committee members know they have a sizeable task in 2010 as they confront high shareholder expectations, new regulations and legislative reforms, and a tenuous economic recovery," said Timothy Copnell, director of KPMG’s UK Audit Committee Institute (ACI) and an Associate Partner at KPMG." http://rd.kpmg.co.uk/Topics/19718.htm Thu, 14 Jan 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19679.htm December sales:"stronger than we dared hope" http://rd.kpmg.co.uk/Topics/19679.htm Tue, 12 Jan 2010 09:00:00 +0200 http://rd.kpmg.co.uk Commenting on today’s announcement by Gordon Brown on the construction of nine offshore wind farms, Andy Cox, Energy Partner at KPMG said: http://rd.kpmg.co.uk Fri, 08 Jan 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19617.htm http://rd.kpmg.co.uk/Topics/19617.htm Thu, 07 Jan 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19606.htm Gautam Dalal, KPMG's UK Head of Diversified Industrials, offers his 2010 predictions for the manufacturing sector: http://rd.kpmg.co.uk/mediareleases/19606.htm Wed, 06 Jan 2010 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19598.htm -Growth of permanent staff placements fastest since July 2007. -Temporary/contract staff billings rose at sharpest pace for thirty months. -Further increase in permanent staff salaries. http://rd.kpmg.co.uk/mediareleases/19598.htm Wed, 06 Jan 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19565.htm Mike Morrison and Charles Thresh of KPMG Advisory Ltd in Bermuda and Michael Walker of KPMG LLP in the UK were appointed joint provisional liquidators of ESG Reinsurance (Bermuda) Ltd (“ESG”) on 24th December 2009 by Order of the Supreme Court of Bermuda. http://rd.kpmg.co.uk/Topics/19565.htm Mon, 04 Jan 2010 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19560.htm Hitesh Patel, partner at KPMG Forensic, warns that 2010 is likely to see a continuation of recent fraud highs: http://rd.kpmg.co.uk/Topics/19560.htm Thu, 31 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19542.htm Richard Hill and Joff Pope of KPMG LLP have today been appointed administrators of Bristol-based printing and mail marketing company, Formpro Mail Marketing Limited. http://rd.kpmg.co.uk/Topics/19542.htm Tue, 22 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19537.htm Chris Woodland, head of telecoms strategy at KPMG comments on the 2010 outlook for the telecom sector: http://rd.kpmg.co.uk/Topics/19537.htm Mon, 21 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19534.htm David Elms, Head of Media at KPMG considers the outlook for the media sector in 2010: http://rd.kpmg.co.uk/Topics/19534.htm Mon, 21 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19531.htm Commenting on the Society of Motor Manufacturers and Traders (SMMT) production figures out this morning, Marc Summers, auto director at KPMG, says: http://rd.kpmg.co.uk/Topics/19531.htm Mon, 21 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19528.htm The last ten years could well become known as the “lost decade” for pensions, according to a new KPMG report. http://rd.kpmg.co.uk/Topics/19528.htm Mon, 21 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19475.htm Despite the closure of a number of defined benefit pension schemes among some of the UK’s largest corporations, smaller, medium-sized companies remain committed to employee- sponsored retirement packages, according to a survey by KPMG in the UK. http://rd.kpmg.co.uk/Topics/19475.htm Tue, 15 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19467.htm • Pro forma revenues almost unchanged at €3.5 billion in year to 30 September 2009 • Netherlands, CIS, Turkey and Luxembourg join KPMG Europe ELLP • Enlarged ELLP now comprises 14 countries, with proforma revenues of €4.5bn and 31,000 employees http://rd.kpmg.co.uk/mediareleases/19467.htm Tue, 15 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19460.htm Stephen Murphy, transaction partner at KPMG, comments on the “Putting the frontline first: smarter government” paper that was published by the government this week: http://rd.kpmg.co.uk/Topics/19460.htm Mon, 14 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19455.htm Jon Gorrie, director at KPMG comments on the need of local authorities to put sustainability on their agenda: http://rd.kpmg.co.uk/Topics/19455.htm Mon, 14 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19452.htm Sales growth across Britain’s leading pub and restaurant groups slid back in November, with month-on-month sales down -7.4% against October. http://rd.kpmg.co.uk/Topics/19452.htm Mon, 14 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19439.htm Allan Graham and Jane Moriarty from KPMG were appointed Joint Administrators over Cavendish Hotels Ltd, Elizabeth Estates (BS) Ltd and Elizabeth Hotels Ltd (the 'Companies') on Tuesday 8th December 2009. http://rd.kpmg.co.uk/Topics/19439.htm Thu, 10 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19436.htm At last night’s Financial Times and Mergermarket European M&A Awards 2009, KPMG’s Transactions and Restructuring practice scooped the ‘Accountancy Firm of the Year’ award. http://rd.kpmg.co.uk/Topics/19436.htm Thu, 10 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19433.htm Companies signed up to Climate Change Levy will see bills rise by 1.5% http://rd.kpmg.co.uk/mediareleases/19433.htm Wed, 09 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19430.htm Richard Threlfall, UK head of infrastructure and projects at KPMG, comments on the Chancellor’s announcement to create Infrastructure UK: http://rd.kpmg.co.uk/mediareleases/19430.htm Wed, 09 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19427.htm Commenting on Alistair Darling’s announcement of a 50% one-off levy for banker bonuses over £25,000, Jill Storey, People Services Tax Partner at KPMG LLP http://rd.kpmg.co.uk/mediareleases/19427.htm Wed, 09 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19424.htm “The Chancellor’s decision to restrict higher-rate tax relief on pension contributions for people with incomes over £150,000 from April 2011 was already flagged but employer pension contributions will now be included in the restrictions". http://rd.kpmg.co.uk/mediareleases/19424.htm Wed, 09 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19421.htm Public sector must embrace radical change to avoid worst ramifications of cuts. http://rd.kpmg.co.uk/Topics/19421.htm Wed, 09 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19418.htm KPMG Chief Economist Andrew Smith; "no magic wand" http://rd.kpmg.co.uk/mediareleases/19418.htm Wed, 09 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19415.htm "The announcement that the chancellor is freezing the inheritance tax nil rate band at £325,000 means the IHT headache is returning for middle England householders". http://rd.kpmg.co.uk/mediareleases/19415.htm Wed, 09 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19412.htm David Kilshaw, personal tax partner at KPMG, comments on today’s surprise announcement of a further 0.5% rise in NI rates from April 2011. http://rd.kpmg.co.uk/mediareleases/19412.htm Wed, 09 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19409.htm “The Chancellor’s policy of protecting ‘front-line public services’ comes with a hefty price for public sector workers". http://rd.kpmg.co.uk/mediareleases/19409.htm Wed, 09 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19406.htm “The Chancellor placed energy centre-stage in his pre-budget report but it was not all good news". http://rd.kpmg.co.uk/mediareleases/19406.htm Wed, 09 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19403.htm “The Chancellor failed to deliver any new help for the housing industry, which is disappointing. Although the extension of the existing stamp duty relief for properties under £175,000 is welcome, it is unlikely to help the development of private residential property funds, which cannot usually benefit from the relief, or the other lower rates, when they buy several properties together.” http://rd.kpmg.co.uk/mediareleases/19403.htm Wed, 09 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19400.htm Deferral of corporate tax rate scheme to impact 850,000 businesses http://rd.kpmg.co.uk/mediareleases/19400.htm Wed, 09 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19394.htm “While the return to a VAT rate of 17.5 percent as of 1st Jan 2010 is not unexpected, it will still be a disappointment for many in the retail sector who hoped for an extension. http://rd.kpmg.co.uk/mediareleases/19394.htm Wed, 09 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19389.htm Patent regime welcome too little too late Dangerous when corporates have shown they are prepared to vote with their feet Business likely to foot the bill for National Insurance, income tax and VAT rises http://rd.kpmg.co.uk/mediareleases/19389.htm Wed, 09 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19384.htm “Today’s announcements were generally good news for the UK Oil & Gas industry". http://rd.kpmg.co.uk/mediareleases/19384.htm Wed, 09 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19380.htm Electric vehicles to help rescue UK auto suppliers whilst helping businesses become greener http://rd.kpmg.co.uk/mediareleases/19380.htm Wed, 09 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19370.htm Penalties to increase dramatically after 4 January http://rd.kpmg.co.uk/mediareleases/19370.htm Wed, 09 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19369.htm HMRC support vital to companies in corporate "accident and emergency" http://rd.kpmg.co.uk/mediareleases/19369.htm Wed, 09 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19368.htm “Chancellor’s weapon of choice is butter knife rather than an axe” says KPMG http://rd.kpmg.co.uk/mediareleases/19368.htm Wed, 09 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19361.htm Growth of permanent staff appointments strongest since July 2007 http://rd.kpmg.co.uk/Topics/19361.htm Wed, 09 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19358.htm UK retail sales values rose 1.8% on a like-for-like basis from November 2008, when sales had dropped 2.6%, due to turmoil in financial markets hitting consumer confidence. On a total basis, sales rose 4.1% against a 0.4% decline in November 2008. http://rd.kpmg.co.uk/Topics/19358.htm Tue, 08 Dec 2009 00:00:00 +0200 http://rd.kpmg.co.uk/Topics/19355.htm Businesses in the capital are the most optimistic they have been in 18 months about prospects for the coming half-year, though they remain cautious about future investment and divided about London’s longer-term status as a world city, a CBI / KPMG survey reveals today (Wednesday). http://rd.kpmg.co.uk/Topics/19355.htm Wed, 09 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19319.htm Initial results from the latest KPMG annual survey of the UK’s tax competitiveness suggest that Britain is still at risk of losing some of its largest businesses because of the way in which they are taxed here. http://rd.kpmg.co.uk/Topics/19319.htm Mon, 07 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19295.htm Andrew Hine, head of KPMG’s health advisory practice, was crowned ‘Business Adviser of the Year’ at last night’s IB Consulting Awards (Institute of Business) in London. KPMG business adviser Rakesh Majithia was also named as a finalist in the ‘Management Consultant of the Year’ category. The Awards celebrate the achievements of those in the management and business adviser industry. The judges are drawn from across the public and private sector. http://rd.kpmg.co.uk/mediareleases/19295.htm Fri, 04 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19280.htm Two KPMG Procurement Advisers ─ Richard Berry and Iain Kirwan ─ have been named in the Chartered Institute of Purchasing and Supply’s (‘CIPS’) ‘Top 35 professionals under 35’list, published in today’s Supply Management magazine. http://rd.kpmg.co.uk/Topics/19280.htm Thu, 03 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19277.htm Jane Moriarty and Myles Halley of KPMG were last night appointed joint administrators of Escada (UK) Ltd, a wholly owned subsidiary of Escada AG, the global luxury apparel brand. http://rd.kpmg.co.uk/Topics/19277.htm Thu, 03 Dec 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19233.htm http://rd.kpmg.co.uk/Topics/19233.htm Mon, 30 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19247.htm Individual taxpayers, particularly those in the higher earnings brackets, will be eyeing next week’s pre-budget report a little nervously, according to KPMG in the UK. http://rd.kpmg.co.uk/Topics/19247.htm Mon, 30 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19241.htm A new KPMG whitepaper launched today, challenges the theory that content is the only valuable commodity companies need to consider when developing their online and digital propositions. http://rd.kpmg.co.uk/Topics/19241.htm Mon, 30 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19228.htm The joint administrators of First Quench Retailing (“First Quench”), which trades as Threshers, Wine Rack, The Local, Haddows, Bottoms Up and Victoria Wine, have announced the closure of a further 391 stores, resulting in 2,140 redundancies. http://rd.kpmg.co.uk/Topics/19228.htm Fri, 27 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19213.htm Commenting on the release of Sir David Walker's final report, “Corporate Governance in UK banks and other financial institutions”, published today by HM Treasury, Julian Morgan, Associate Partner, Risk and Regulatory Services at KPMG LLP said: http://rd.kpmg.co.uk/Topics/19213.htm Thu, 26 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19128.htm The creditors of Blacks have today voted through the company voluntary arrangement (CVA) proposal, which sets out a financial compromise between landlords of the unoccupied stores and the company. To come into effect, a CVA has to be approved by 75% of creditors. In the event, the Blacks CVA was voted through by 98%. The remaining creditors have not been asked to compromise financially but the landlords of the open stores have been asked to move to a monthly payment schedule for 18 months. http://rd.kpmg.co.uk/mediareleases/19128.htm Mon, 23 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19122.htm - A special tax regime for intellectual property would be welcome - But restrictions to how losses can be offset against tax likely to be very unpopular with business and run counter to measures introduced in the UK and Germany - As business is still reeling from the economic crisis, the danger is that squeezing too soon, too hard, on tax could prolong the recession http://rd.kpmg.co.uk/mediareleases/19122.htm Mon, 23 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19118.htm Mark Harding, Intellectual Property Director, KPMG comments on the measures announced in the Digital Economy Bill today to tackle online infringement of copyright: http://rd.kpmg.co.uk/mediareleases/19118.htm Mon, 23 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19115.htm Mike Steventon, Partner with KPMG’s automotive group comments on the latest SMMT figures. http://rd.kpmg.co.uk/mediareleases/19115.htm Mon, 23 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19112.htm Global survey shows costs and volumes of data are the main concerns for lawyers. http://rd.kpmg.co.uk/mediareleases/19112.htm Mon, 23 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/19099.htm The joint administrators of First Quench Retailing (“First Quench”), which trades as Threshers, Wine Rack, The Local, Haddows, Bottoms Up and Victoria Wine, have announced the closure of a further 381 stores. http://rd.kpmg.co.uk/mediareleases/19099.htm Fri, 20 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19042.htm KPMG in the UK has won two accolades in the Accountancy Age Awards, presented last night in London. http://rd.kpmg.co.uk/Topics/19042.htm Thu, 19 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/19029.htm The City Academy in Hackney won the school Innovation in Student Engagement award at the Excellence in Building Schools for the Future (BSF) Awards last week. http://rd.kpmg.co.uk/Topics/19029.htm Thu, 19 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/18923.htm Jonathan Thompson, KPMG’s global head of real estate and building, comments on the recent recovery of the commercial property sector. http://rd.kpmg.co.uk/Topics/18923.htm Thu, 19 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/18657.htm Despite the deepest recession in sixty years, the global construction industry is surprisingly upbeat and positive about its future prospects, according to KPMG’s 2009 KPMG’s global construction survey. http://rd.kpmg.co.uk/mediareleases/18657.htm Mon, 16 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/18695.htm Leading UK pub and restaurant groups saw a healthy +2.8% increase in like-for-like sales in October. It was the largest monthly increase since Easter. http://rd.kpmg.co.uk/Topics/18695.htm Mon, 16 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/18673.htm Retail sales in central London in October were 4.2% higher on a like-for-like basis than a year ago, when sales had fallen 2.6%, as financial turmoil hit consumer confidence – especially in the City http://rd.kpmg.co.uk/Topics/18673.htm Mon, 16 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/18598.htm KPMG's analysis of the latest official insolvency figures from the Ministry of Justice** show that nationally, the three months ended 30 September 2009 saw a substantial increase of 18% in the number of people making themselves bankrupt in England and Wales compared to the same quarter of last year http://rd.kpmg.co.uk/Topics/18598.htm Thu, 12 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/18593.htm KPMG welcomes the publication today of IFRS 9 Financial Instruments. This is the first instalment of a phased project to replace the existing standard on financial instruments, IAS 39. http://rd.kpmg.co.uk/Topics/18593.htm Thu, 12 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/18524.htm Earlier today, in the High Court, Mr Justice Henderson sanctioned 48 Schemes of Arrangement in relation to The Trimark 1968 and Prior Years Pools Schemes (The Trimark Pools Schemes). http://rd.kpmg.co.uk/Topics/18524.htm Wed, 11 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/18493.htm Jim Tucker, Richard Heis and Allan Graham of KPMG have today been appointed joint administrators of Aero Inventory plc, the AIM-listed aircraft parts wholesaler, together with its subsidiary Aero Inventory (UK) Limited (“the Companies”). http://rd.kpmg.co.uk/Topics/18493.htm Wed, 11 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/18485.htm The joint administrators of First Quench Retailing (“First Quench”), which trades as the Threshers, Wine Rack, The Local, Haddows, Bottoms Up and Victoria Wine brands, have announced a further 35 redundancies at head office today. http://rd.kpmg.co.uk/Topics/18485.htm Wed, 11 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/18482.htm From 6 April 2010 high earners will have to pay half of their income in tax as the new 50% tax rate takes effect. http://rd.kpmg.co.uk/Topics/18482.htm Wed, 11 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/Topics/18452.htm With the Office for National Statistics (ONS) due tomorrow to publish its annual snapshot of the gap between what men and women workers are paid, the CIPD today reports evidence of employer practice and attitudes to measuring the gender pay gap in the workplace. http://rd.kpmg.co.uk/Topics/18452.htm Wed, 11 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/18432.htm UK retail sales values rose 3.8% on a like-for-like basis from October 2008, when sales had fallen 2.2%, due to turmoil in financial markets hitting consumer confidence. On a total basis, sales rose 5.9% against a 0.1% decline in October 2008. http://rd.kpmg.co.uk/mediareleases/18432.htm Tue, 10 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/18430.htm Regulation may hinder short-term growth, but provides opportunities for important and strategic business change http://rd.kpmg.co.uk/mediareleases/18430.htm Tue, 10 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/18427.htm Councils should set self-imposed targets to reduce expenditure by around 20% by 2011. http://rd.kpmg.co.uk/mediareleases/18427.htm Mon, 09 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/18401.htm UK employment prospects will deteriorate less slowly in the final quarter of 2009 than at any time since the start of the recession in spring 2008. http://rd.kpmg.co.uk/mediareleases/18401.htm Mon, 09 Nov 2009 09:00:00 +0200 http://rd.kpmg.co.uk/mediareleases/18359.htm Over 240 bankruptcy orders per day, finds KPMG research http://rd.kpmg.co.uk/mediareleases/18359.htm Fri, 06 Nov 2009 09:00:00 +0200