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KPMG

Comment: West Midlands business can lead the charge in AI adoption
West Midlands
KPMG senior partner Andy Bostock says the most successful firms are embracing the challenges and opportunities presented by AI
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Bristol Chamber and Initiative appoints new president
Appointments
He will hold his first address at the Bristol Initiative’s West of England Metro Mayor Hustings next month
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People on the move: North East appointments and promotions of the week
Appointments
Companies welcoming new arrivals and making promotions this week include UNW, Azets, SPG Resourcing, Muckle LLP, Tekmar Group and the Alnwick Garden
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‘Smart building’ firm TBT Group that works with Rolls-Royce wins £1.75m investment from River Capital
North West
Company plans to create more tech jobs with backing from North West Private Equity Fund
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People on the move: key North East appointments and promotions
People
Companies and organisations featuring in this week's round-up include: KPMG, LDC, Constructing Excellence North East, 360 Growth Partners, Knight Frank and Biodiverse Consulting
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Newcastle's Deadgood furniture firm seals investment to drive global growth mission
Deals
The firm was launched over 20 years ago by university friends Dan Ziglam and Elliot Brook and now works with global giants including Amazon, Google and Starbucks
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Private equity investment in South West rises but deal volumes fall
Finance
There was a surge in transactions after the Autumn Budget last year, according to the KPMG report
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º£½ÇÊÓƵ labour market struggles as vacancies drop ahead of national insurance hike
By City AM
The slack continues to build in the labour market, according to a closely watched survey, with vacancies "tumbling" ahead of a national insurance hike in April
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Venture capital investment in South West firms soars 82%
South West
The highest proportion of deals took place in Bristol, with companies spanning a range of sectors
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KPMG faces probe over audit of Ladbrokes-owner Entain amid bribery scandal
By City AM
The Financial Reporting Council (FRC) said on Monday that it commenced an investigation in relation to the audit conducted by KPMG of the consolidated financial statements of Entain for the year ended 31 December 2022
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People on the move: key North East appointments and promotions
People
Companies featuring in this week's round-up include: Ryecroft Glenton, NEL Fund Managers, Sanderson Weatherall, Mincoffs Solicitors, Essity and Just Travel Cover
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KPMG boosts senior team with key appointments
West Midlands
Five team members have started new roles in fields such as mergers, private enterprise and public sector
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Northern developers Placefirst and Strata launch housebuilding joint venture
Housing
The joint venture will start with a development of more than 120 family homes at Leeds
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KPMG predicts º£½ÇÊÓƵ economic rebound fuelled by consumer expenditure and interest rate cuts
By City AM
The firm forecast that GDP will increase by 1.7 per cent over 2025 double the 0.8 per cent expansion anticipated for 2024
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KPMG Report: Majority of Brits confident in personal finances amid economic uncertainty
By City AM
KPMG º£½ÇÊÓƵ's latest consumer pulse survey suggests 57 per cent of people feel financially secure, whereas 21 per cent feel insecure.
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People on the move: key North East appointments and promotions
Appointments
Companies announcing new roles this week include Richard Reed Solicitors, Irwin Mitchell, Azets, Muckle LLP, Who's Listening and Mediaworks
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Revolut adds former Lord Mayor and KPMG veteran to º£½ÇÊÓƵ board ahead of bank launch
By City AM
The digital bank has added two senior figures from the world of finance to its º£½ÇÊÓƵ board as it works towards securing a full banking licence in its home market
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Black Friday's late timing blamed for 'disappointing' fall in retail sales
By City AM
The British Retail Consortium's (BRC) sales monitor showed that sales volumes fell 3.3 per cent in the year-to-November, compared to a 2.3 per cent increase last year
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First Bus and FlixBus strike deal to expand services across South West
Transport
Jobs will be created in a number of regional depots including Bath, Bristol, Taunton, Truro and Weston-super-Mare
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London jobs market hit hard by 'frenzy of Budget speculation'
By City AM
The London jobs market is in worse shape than elsewhere in the country, with a new survey showing a marked drop in the pace of hiring by businesses in the capital
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Greater Manchester businesswomen named among Britain’s top Black entrepreneurs
Black Communities
Robotics specialist and children's entertainment creator among winners at KPMG’s Black Entrepreneurs' Awards
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Silentnight reports revenue surge to £143.8m following Sleepeezee acquisition
By City AM
The º£½ÇÊÓƵ's "most trusted sleep brand" said sales were supported by increasing business-to-business demand and a "resilient" performance by its consumer division despite a "challenging operating environment"
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KPMG and Natwest resume engagements with scandal-hit CBI after 18 months
By City AM
The CBI was on the verge of financial bankruptcy and had to be bailed out by Natwest after a police investigation into the firm found allegations of sexual harassment and assault
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Ventex acquires Cumbria-based subsea energy business to support nuclear expansion
KPMG
Rovtech works on decommissioning of large legacy nuclear portfolios worldwide
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