KPMG | News | Economy

An overview of KPMG news in the UK:

KPMG claims generative AI could boost UK by £31 billion The hype surrounding generative AI continues to grow. According to a new study from KPMG, the technology could raise UK productivity enough to realise a £31 billion economic boost.
19 July 2023
Utility price hikes sees consumers further scale back spending The growth of the UK economy looks set to come under further pressure in the coming months, as consumers further scale back their purchases in 2023.
10 April 2023
Consulting firms maintain 'cautious optimism' on 2023 M&A market Following a record year, the 12 months of 2022 saw a fall in the volume and value of M&A activity.
21 February 2023
UK heads for unhappy New Year of -1.3% growth The global economy spent the duration of 2022 teetering on the brink of recession – and the UK looks to have finally fallen into one.
03 January 2023
UK economic growth slows to crawl for 2023 With stagnant wages and record high inflation crippling consumer spending power in the UK, GDP growth is expected to crawl almost to a halt in 2023.
30 June 2022
Fifth of UK businesses under pressure financially Around one-fifth of businesses in the UK are under financial pressure, according to a new report.
11 February 2020
KPMG suggests new technology could triple UK trade by 2050 The proponents of Brexit have insisted for years now that Britain’s technology offering is the key to a thriving post-EU economy.
25 July 2019
These top consulting firms are shaping WEF's Davos agenda Every year, the second half of January sees the global economic and political elite descend en masse on a Swiss ski-resort.
23 January 2019
Poor productivity stifling UK growth even without Brexit anxieties A coming Brexit reckoning has left the UK economy facing slow growth at best, as negotiations struggle to progress between Britain and the European Union.
20 September 2018
Why a shift to circular economy thinking can benefit corporate strategies A shift from a linear mindset to applying circular economy practices to business thinking can benefit corporates across a range of domains, according to new white paper.
09 July 2018
Decreasingly 'open' UK's growth prospects hit by Brexit instability In the latest edition of the Growth Promise Indicator the Netherlands takes the number one spot, followed closely by Switzerland. Luxembourg, Hong Kong and Norway round off the top five.
02 February 2018
The consulting firms that are a World Economic Forum partner Every year, thousands of CEOs, high-profile academics, scientists and international politicians converge upon the Swiss Alps to discuss the state of the world’s economy.
24 January 2018
Pre-Brexit UK 10th best placed country to deal with change globally The UK has been found to be the tenth best positioned country to manage potential economic, societal and political change changes.
22 August 2017
Brexit will redraw investment competitiveness of the UK The United Kingdom remains an attractive place to do business thanks to its competitive infrastructure and tax landscape; however the country faces an uncertain future thanks to last year’s referendu
01 May 2017
Strategic focus needed to rejuvenate interest in Northern Powerhouse The development of the North of England – dubbed the Northern Powerhouse by Osborn in 2014 – has hit the roadblock of a lack of clear strategy, finds a recent BDO analysis.
21 February 2017
Chinese direct investment into Australia grows to 11 billion Overseas direct investment into Australia by Chinese companies saw a significant increase on 2014, reaching more than $11 billion.
15 April 2016
21 consulting firms contribute to World Economic Forum Yesterday the World Economic Forum (WEF) kicked off in Davos.
21 January 2016
KPMG: Retail sales growth unlikely to improve in 2016 2015 was a good year for consumers as real pay increased 2.8%.
14 January 2016
Northern UK has an economic potential gap of 34 billion The North has an economic potential gap of £34 billion, as it continues to be less productive than the rest of the UK. According to a recent KPMG report, improving infrastructure, increasing innovation, keeping skilled workers and creating mo
14 September 2015
Big Four professionals in UK Economists Power 100 Andrew Sentance from PwC, Mark Gregory from EY and Ian Stewart from Deloitte have been recognised as one of the most influential of economists in the UK & Ireland.
12 August 2015
KPMG: 72% UK mid-tier firms await digital success Almost three-quarters of UK mid-tier companies are awaiting the success of a digital technology before adopting it, research by KPMG shows.
26 May 2015
16 consulting firms partner of World Economic Forum Coming Wednesday the World Economic Forum (WEF) kicks off in Davos. Approximately 2,500 CEO’s of the largest corporations globally, international politicians and high-profile scientists and academics will make their way to the now
19 January 2015
KPMG: 22 per cent earns less than Living Wage in UK 22% of UK employees currently are earning less than Living Wage, a number that has risen slightly from the 2013 percentage, concludes KPMG in its new report.
05 November 2014
KPMG: Banks must change for sake of UK businesses If banks do not catch up with technology and the possibilities and requirements of the modern world, shadow banking could well come out of the shadows, says Bill Michael, Financial Services Head at KPMG.
20 October 2014
E&Y and KPMG: Car industry in biggest crisis ever since '93 The European automobile industry is experiencing the biggest crisis since 1993. The demand for new cars in recession-bound Europe fell by 17% last year, the biggest annual drop since 16.
25 February 2013

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