http://www.kpmg.com/_layouts/feed.aspx?xsl=1&web=/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases&page=f7cc2589-6c51-4cac-b589-6967bd39aa9b&wp=05f7ff2b-4484-4d62-a8d0-f2b09e2f2c8cKPMG RSS FEED 201360http://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-supports-the-Living-Wage-campaign-through-one-year-secondment.aspxKPMG has underlined its support for the Living Wage campaign by seconding its Head of CSR, Mike Kelly, to work with Citizens UK for a yearTue, 21 May 2013 14:38:14 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Work-Programme-parliamentary-committee-report-payment-by-results-is-saving-tax-payer-money-says-KPMG.aspxThe government’s Work Programme – the scheme which uses private and voluntary sector contractors to find jobs for the long-term unemployed – has come in for a lot of criticism. Tue, 21 May 2013 08:40:57 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Back-office-buying-behaviour-on-the-up-but-profitability-still-suffering-says-KPMG.aspxBullish predictions of growth in the ‘back office’ services sector are beginning to emerge, but hope of an immediate upturn in fortunes is being tempered by the rising number of contracts falling under the banner of ‘renege or renegotiate’Mon, 20 May 2013 13:27:13 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-raises-over-£22000-for-charities-in-ROW-100-challenge.aspxTeams of professional advisors at KPMG’s headquarters at 15 Canada Square, Canary Wharf raised over £22,000 for Action for Literacy and Shelter in a gruelling 100km rowing challenge last week.Thu, 16 May 2013 10:11:44 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Make-the-Most-of-your-Marbles-Says-KPMG-guide-to-local-government-spin-outs.aspxIn the face of continued challenge innovative local authorities are under pressure to find ways to raise new revenue, cut costs and improve the quality of the services they deliver. Thu, 16 May 2013 09:16:10 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/IASB-and-FASB-propose-to-bring-leases-on-balance-sheet–but-at-what-cost.aspxFundamental changes to lease accounting proposed today by the IASB and FASB would bring most leases on-balance sheet for lessees. Thu, 16 May 2013 12:21:17 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/UK-auto-industry-continues-to-recover-as-the-rest-of-Europe-still-struggles-says-KPMG.aspxFigures released today by the Society of Motor Manufacturers and Traders showed that UK car output rose 16.6% in April 2013, reversing the decline experienced during the first quarter of 2013.Thu, 16 May 2013 08:54:35 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/kpmg-backs-professional-services-academy-birmingham.aspxKPMG has lent its support to a new professional services academy based in Birmingham. Wed, 15 May 2013 08:54:55 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-Global-Manufacturing-Outlook-UK-ranked-in-top-3-destinations-for-future-manufacturing-profit-growth-survey-reveals.aspxGlobal manufacturing executives rank the UK as one of the top destinations for future profit growth, ahead of established manufacturing economies such as Japan and Germany, as well as emerging economies like India and Brazil. Mon, 13 May 2013 09:22:39 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Criminals-view-cyber-crime-as-a-pay-day-without-penalty-says-KPMG.aspxReacting to news that 7 people are to be prosecuted for allegedly stealing $45m (£29m) by hacking into databases and withdrawing money from cash machines across the globe, Fri, 10 May 2013 13:55:00 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/ONS-UK-Construction-Output-Q1-2013-Industry-output-now-at-lower-level-than-1998-says-KPMG.aspxRichard Threlfall, KPMG’s Head of Infrastructure, Building and Construction, comments on the UK construction industry output data for Q1, 2013, release by the ONS todayFri, 10 May 2013 10:50:51 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Probation-mutuals–creates-a-framework-for-payment-by-results.aspxResponding to reports that the Justice Secretary is keen to see probation services delivered through mutuals, Alan Downey, KPMG’s public sector head, saysFri, 10 May 2013 14:10:37 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Report-on-Jobs-Permanent-placements-growth-picks-up-but-temp-billings-fall-in-April.aspxThe 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.Thu, 09 May 2013 08:03:31 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Bank-of-England-MPC-Interest-Rate-decision-Quantitative-Easing-on-hold-but-not-the-end-of-the-story-says-KPMG.aspxCommenting on today’s decision from the Bank of England Monetary Policy Committee to maintain the Bank Rate at 0.5 percent and the size of the Asset Purchase Programme at £375 billion, KPMG Chief Economist, Andrew Smith, saidThu, 09 May 2013 10:51:46 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Benefit-fraud-maybe-stabilising-but-theres-still-no-room-for-complacency-says-KPMG.aspxReacting to the publication, today, of Government figures showing that overpayments due to benefit fraud have remained at the 2011/12 of 0.7 percent, level, Hitesh Patel, KPMG’s Forensic Partner, saysThu, 09 May 2013 13:49:54 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/BRC-KPMG-Retail-Sales-Monitor-April-2013.aspxUK retail sales values were down 2.2% on a like-for-like basis from April 2012, when they had declined 3.3% on the preceding year.Wed, 08 May 2013 09:38:01 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/There-Is-No-Escaping-It-Businesses-Cannot-Ignore-Indirect-Tax.aspxVAT, GST, Sales, Consumption—whatever you call it—‘indirect’ tax is here to stay. Wed, 08 May 2013 11:25:41 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/High-discounts-drive-UK-car-boom-says-KPMG.aspxJohn Leech, UK head of automotive at KPMG, comments on the car sales data released today by the Society of Motor Manufacturers and Traders (SMMT)Tue, 07 May 2013 12:36:16 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/High-street-administration-appointments-down-nearly-50-percent.aspxThe latest statistics on administration appointments, issued by the Insolvency Service today, reveal that in the first quarter of 2013 appointments are down 28% on the previous yearFri, 03 May 2013 13:48:26 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Health-of-UK-retail-improves-for-the-first-time-in-two-and-a-half-years-says-Retail-Think-Tank.aspxFollowing its quarterly meeting in April, the KPMG/Ipsos Retail Think Tank (RTT) was able to report better news at last for the sector, although a significant increase in the health of UK retailing is unlikely to arrive any time soonFri, 03 May 2013 13:04:09 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-takes-top-honours-in-Pensions-Awards.aspxKPMG has been named ‘Employee Benefits Consultancy of the Year’ in the UK Pensions Awards 2013 which took place last nightFri, 03 May 2013 14:22:45 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Day-in-the-Sun-Nears-for-Social-Impact-Bonds-says-KPMG.aspx2013 will be the year that social impact investing gains critical mass, according to KPMG’s public sector practice, which has produced a guide to Social Impact Bonds. Fri, 03 May 2013 13:27:20 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Big-opportunities-for-owning-groups-as-European-rail-industry-prepares-for-most-radical-change-in-history-says-KPMG.aspxThe regulatory developments taking place in the European passenger rail market represent a huge market opportunity for the industry, potentially worth billions of pounds a year in passenger revenue terms, according to research by advisory firm KPMGThu, 02 May 2013 08:37:06 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/ZenithOptimedia-Forecast-Internet-paves-the-way-for-integrated-advertising-says-KPMG.aspxBrands need to develop integrated advertising campaigns across traditional and new media to interact effectively with their targeted communities Thu, 02 May 2013 09:01:41 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Infrastructure-Investment-will-lead-to-virtuous-circle-of-affordability-and-investment-says-KPMG.aspxRichard Threlfall, KPMG’s Head of Infrastructure, Building and Construction comments on the Public Accounts Committee report Planning for Economic Infrastructure, published todayMon, 29 Apr 2013 11:57:21 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Statement-from-Jane-McCormick-head-of-tax-at-KPMG-in-the-UK-on-the-House-of-Commons-Committee-of-Public-Accounts-Report.aspxWe welcome the current debate on tax and the seriousness with which parliament is looking at it. Thu, 25 Apr 2013 22:05:10 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Increased-deficit-in-Local-Government-Pension-Scheme-will-create-headache-for-all-involved-says-KPMG.aspxKPMG’s UK head of public sector pensions warns that employers in the Local Government Pension Scheme (LGPS) face a difficult year, as reforms to their employees’ pensions begin to take holdThu, 25 Apr 2013 09:18:23 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/HR-analytics-are-key-to-boosting-the-bottom-line-says-KPMG.aspxThe need to collect and present historically financial data is preventing many businesses from collating meaningful information about their people, and hindering their ability to drive growth, speed up decision making and improve employee satisfactionThu, 25 Apr 2013 08:05:50 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/No-triple-dip-A-relief-but-muted-celebrations-says-KPMG-Chief-Economist.aspxCommenting on the Office for National Statistics’ preliminary estimate of UK Gross Domestic Product which showed that the economy grew by 0.3% in the first quarter of 2013Thu, 25 Apr 2013 09:31:03 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-identifies-countries-most-active-in-using-tax-as-green-policy-tool.aspxThe UK was today named by KPMG International as one of the six most active countries in using tax as a tool to drive sustainable corporate behaviour and achieve green policy goalsThu, 25 Apr 2013 11:12:57 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Car-production-down-in-Q1-but-medium-term-forecast-remains-positive-says-KPMG.aspxFigures released today by the Society of Motor Manufacturers and Traders showed that car output fell 2% in Q1 2013, following a weaker than expected March where volumes fell 6%. Thu, 25 Apr 2013 11:30:19 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Administrators-appoint-Derwent-to-operate-four-Opal-student-accommodation-sites.aspxJoint Administrators David Crawshaw and Rob Croxen from KPMG have appointed Derwent Students to operate four Opal student accommodation properties in Nottingham, Sheffield, Liverpool and Wrexham.Wed, 24 Apr 2013 09:03:45 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-sells-BGM-Group-assets-to-Europavia-pre-pack-administration.aspxBrian Green and Paul Flint of KPMG’s North West Restructuring team were appointed Joint Administrators of Colwyn Bay-based workplace consultancy business The BGM Group Ltd on 19 April 2013Tue, 23 Apr 2013 13:48:56 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Questions-over-state-assets-as-public-finances-are-scrutinised.aspxResponding to the release of March’s public sector finances, which show annual net borrowing of £120.6bn, Alan Downey, KPMG’s head of public sector, said:Tue, 23 Apr 2013 15:30:28 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/big-questions-on-big-data-remain-unanswered.aspxBusinesses across the UK are failing to turn the data at their disposal into competitive advantage, with many unsure how to make the move from being ‘collectors of information’ to ‘users of insight’. Mon, 22 Apr 2013 09:36:51 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/kpmg-named-a-top-employer-for-women.aspxThe firm also wins recognition through two ‘Opportunity Now’ awardsFri, 19 Apr 2013 09:27:20 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/kpmg-recognised-for-ground-breaking-solutions.aspxKPMG has been recognised for its ability to help clients boost performance and increase transparency across public sector organisations after winning a prestigious award in the Management Consultancies Association (MCA) annual ceremony. Fri, 19 Apr 2013 10:38:42 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/kpmg-acquires-makinson-cowell.aspxMeeting growing client demand for combined, independent debt and equity capital adviceFri, 19 Apr 2013 06:59:07 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/scottish-coal-company-limited-in-provisional-liquidation.aspxBlair Nimmo and Tony Friar, of KPMG, were appointed Joint Provisional Liquidators of ‘The Scottish Coal Company Limited’Fri, 19 Apr 2013 16:44:16 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Cold-weather-freezes-sales-of-summer-stock-says-KPMG.aspxDavid McCorquodale, UK Head of Retail at KPMG, comments on the latest Retail Sales figures from the Office for National StatisticsThu, 18 Apr 2013 09:07:32 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/DASI-Group-acquires-business-and-assets-of-Aero-Inventory-UK-Ltd.aspxDiversified Aero Services Inc. (DASI), a US-based commercial aircraft parts supplier, has acquired the business and assets of Aero Inventory (UK) Limited (Aero) for an undisclosed amount in a sale by Aero’s administrators, KPMGThu, 18 Apr 2013 08:24:09 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/European-car-sales-UK-only-bright-spot-in-Europe-says-KPMG.aspxJohn Leech, UK Head of Automotive at KPMG comments on the figures released today by the European Automobile Manufacturers’ AssociationWed, 17 Apr 2013 14:08:17 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Fall-in-employment-comes-as-little-surprise-in-wake-of-IMF-downgrade-says-KPMG.aspxReacting to the publication, today, of the latest UK employment figures, which have seen unemployment levels rise by 70,000, Bernard Brown, partner and head of business services, KPMG Management Consulting, saysWed, 17 Apr 2013 08:58:48 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/US-technology-companies-are-increasingly-looking-to-Brazil-Mexico-and-Canada-for-future-growth-KPMG-survey-finds.aspxAn increasing number of US based technology companies are looking outside the US, China and India for revenue growth Wed, 17 Apr 2013 09:47:06 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Integrated-Reporting-could-be-the-key-that-enables-capital-markets-to-focus-on-long-term-value.aspxAccording to KPMG, Integrated Reporting provides an opportunity for companies to make their case for capital more effectively by focusing their reporting on their business story and value creation.Tue, 16 Apr 2013 11:01:44 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Blue-print-for-health-care-emerges-from-study-of-global-approach-to-patientcare.aspxA major new report, published today by KPMG’s Global Healthcare Practice, examines the challenges facing international health systems, from the perspective of leading practitioners across 22 Fri, 26 Apr 2013 11:02:41 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Investment-in-the-tech-sector-will-secure-Wales-economic-future-says-KPMG.aspxKPMG is pleased to announce it is a corporate supporter of ‘Cardiff Start’, a new initiative being launched in Cardiff to help boost the city’s entrepreneurial tech sector.Thu, 11 Apr 2013 14:18:36 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Public-Sector-auto-enrolment-welcome-consultation-on-compliance.aspxCommenting on DWP’s consultation regarding pensions auto enrolment, Steve Simkins, KPMG’s head of public sector pensions, urges public sector organisations to participate:Mon, 15 Apr 2013 12:23:45 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-announces-major-jobs-boost-for-Glasgows-international-financial-services-district.aspxMore than 150 jobs are to be created from this summer at a new ‘Tax Centre of Excellence’ in Glasgow’s International Financial Services District by professional services firm KPMG. Wed, 10 Apr 2013 08:52:47 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-appoints-new-UK-Head-of-Insurance.aspxKPMG has appointed Phil Smart as UK Head of Insurance. Wed, 10 Apr 2013 10:28:20 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-advises-First-Group-on-£80-million-sale-of-two-London-bus-depots.aspxKPMG in the UK acted as lead corporate finance advisor to First Group plc on its sale of eight London bus depots in two transactions worth a total of £80 million which were announced todayWed, 10 Apr 2013 09:20:21 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/BRC-KPMG-Retail-Sales-Monitor-March-2013.aspxUK retail sales values were up 1.9% on a like-for-like basis from March 2012, when they had risen 1.3% on the preceding year.Tue, 09 Apr 2013 08:55:26 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Report-on-Jobs-Growth-of-staff-placements-continues-but-slows.aspxThe 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. Tue, 09 Apr 2013 08:21:16 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Bestpractice-is-damaging-talent-management-says-KPMG.aspxA rigid attachment to ‘best practice’, rather than a focus on business needs, is preventing many organisations from unearthing and nurturing staff to drive their business forward. Thu, 04 Apr 2013 08:38:33 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/387-jobs-saved-at-AIM-listed-Metalrax-Group-Plc.aspxWill Wright and Mark Orton from KPMG have today been appointed joint administrators to AIM-listed Metalrax Group PlcTue, 02 Apr 2013 12:44:40 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/VAT-turns-40.aspxAhead of the VAT system’s 40th birthday on 1st April, Gary Harley, head of indirect tax at KPMG in the UK, said: Sun, 31 Mar 2013 22:05:54 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Welsh-Government-buys-Cardiff-airport.aspxChris Peaker, Director at KPMG, comments on the Welsh Government’s acquisition of Cardiff Airport which completed today:Fri, 05 Apr 2013 14:17:29 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-Administrators-Secure-Sale-of-Thompson.aspxKPMG joint administrators of Sunderland based A Thompson & Sons builders merchants and sister company TAPS plumbers merchants have announced the sale of the businesses and certain assets to Grafton Merchanting GB Ltd. Thu, 28 Mar 2013 10:52:24 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-concerned-over-depth-of-EIOPAs-insurance-proposals-for-2014.aspxThe European Insurance and Occupational Pensions Authority (EIOPA) today released four consultation papers providing the detail of its proposed interim measures guidelines, which it proposes should be adopted by national supervisors from 1 January 2014Wed, 27 Mar 2013 14:50:28 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/National-Housing-Federation-appoints-KPMG-as-pensions-partner.aspxThe National Housing Federation, the main trade body for the social housing sector, representing 1200 Housing Associations in England, has appointed KPMG as its pensions partner.Wed, 27 Mar 2013 09:12:44 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Rail-Franchising-Franchise-overhaul-confirms-vital-role-of-private-sector-in-running-Britains-railways-says-KPMG.aspxDr. Ashley Steel, Global Chair for Transport at KPMG, comments on the new rail franchising programme announced by the Government todayTue, 26 Mar 2013 13:45:21 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Increased-bank-profits-wiped-out-by-cost-of-past-mistakes-and-increased-credit-worthiness-of-their-own-debt.aspxThe UK’s major banks recorded a rise in core profits of 45% in 2012 – to a combined sum of £31.5 billionMon, 25 Mar 2013 14:51:18 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Help-to-Buy-mortgage-scheme-potentially-game-changing-for-UK-house-building-sector-says-KPMG.aspxJan Crosby, KPMG’s Head of Housebuilding, comments on the new ‘Help to Buy’ scheme by the Chancellor in his last budgetFri, 22 Mar 2013 11:09:20 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/SMMT-car-production-data-UK-car-industry-resilient-to-falling-European-demand.aspxJohn Leech, KPMG’s UK Head of Auto comments on the latest SMMT production figures released todayThu, 21 Mar 2013 09:53:54 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Retail-sales-bounce-back-in-February.aspxDavid McCorquodale, UK Head of Retail at KPMG, comments on the latest Retail Sales figures from the Office for National StatisticsThu, 21 Mar 2013 10:45:22 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Rise-in-unemployment-shows-businesses-are-cautious-about-budgeting-for-their-future.aspxReacting to the publication, today, of the latest UK jobs figures, which have seen unemployment levels rise by 7,000, Bernard Brown, partner and head of business consulting at KPMG Management Consulting, saysWed, 20 Mar 2013 10:59:54 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Jersey-agrees-to-the-UK-tax-package.aspxThe Jersey Government announced today that Jersey is finalising a “FATCA” style agreement with the UK government to enhance its existing tax information exchange arrangementsWed, 20 Mar 2013 10:30:43 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Administrators-appointed-to-15-Opal-companies.aspxAdministrators from KPMG have been appointed to two groups of companies which are part of the Opal Group.Thu, 21 Mar 2013 10:08:48 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-abolition-will-level-playing-field.aspxThe decision to abolish the Schedule 19 Stamp Duty Reserve Tax regime with effect from 1 April 2014 is a major headline grabber for the UK funds industry Wed, 20 Mar 2013 15:55:26 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-ambitious-deficit-reduction-stunting-growth.aspx2013 UK Budget – KPMG commentary and analysis.Wed, 20 Mar 2013 13:58:03 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-budget-fails-to-throw-retailers-vital-rates-lifeline.aspxRetailers wanted measures that put more money in consumers’ pockets, and reduced the costs on their balance sheets. Today’s Budget has touched on the first, but completely failed to achieve the secondWed, 20 Mar 2013 13:53:19 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-business-friendly-budget-on-tax.aspx2013 UK Budget – KPMG commentary and analysisWed, 20 Mar 2013 17:52:44 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-business-rate-concessions-infrastructure-allowances-corporate-tax.aspxMost businesspeople will have felt cheered by today’s budget. There were plenty of positive tax measures especially for small business enterprises.Wed, 20 Mar 2013 15:24:50 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-chancellor-announces-boost-investment-RD.aspxThe Chancellor today announced an increase in the new R&D Expenditure Credit for Large Companies from 9.1% to 10%Wed, 20 Mar 2013 14:01:30 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-chancellor-moves-the-focus-from-start-ups-to-high-growth.aspxTim Kay of the KPMG High Growth Technology comments on the Budget announcements todayWed, 20 Mar 2013 14:15:47 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-chancellor-puts-faith-SME-community-boost-economic-growth.aspxDavid Bywater, Tax Partner at KPMG commenting on announcements made by the Chancellor today for the SME community in the UKWed, 20 Mar 2013 13:53:03 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-chancellor-strikes-sympathetic-tone-on-pension-scheme-deficits.aspxKPMG pensions director Gordon Sharp said: “This response to the recent consultation by DWP will be welcomed by many sponsoring employers of final salary pension schemes"Wed, 20 Mar 2013 14:16:29 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-chancellor-tackles-die-hard-stamp-duty-avoiders.aspxNew subsale rules have been introduced with retrospective effect to catch out those who have persisted with using schemes to avoid stamp duty land tax, usually on residential property. Wed, 20 Mar 2013 16:31:02 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-government-acts-regulate-payment-systems.aspxPayment systems are an essential part of the UK economy; they drive its competitiveness, they underpin its commerce and they stimulate its growthThu, 21 Mar 2013 10:00:44 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-energy-government-puts-money-where-its-mouth-is-on-CCS.aspxAndy Cox, energy partner at KPMG, commenting on the announcement in the Budget today on two new carbon capture & storage (CC&S) projectsWed, 20 Mar 2013 16:17:42 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-further-spending-squeezes-challenge-government-reforms.aspxCaroline Haynes, director in KPMG Public Sector markets, Commenting on public sector measures outlined in today’s BudgetWed, 20 Mar 2013 14:39:32 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-help-to-buy-fast-acting-pain-relief.aspx“Help to Buy” Mortgage Scheme is fast acting pain relief, says KPMGWed, 20 Mar 2013 13:48:26 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-infrastructure-new-spend-welcome-but-ineffectual-to-UK-needs.aspxFrom an infrastructure perspective today’s Budget was disappointing.Wed, 20 Mar 2013 15:22:19 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-inheritance-tax-shock-for-many-business-owners.aspxFor many business owners today’s Budget brings the prospect of significant new inheritance tax liabilities, says KPMG.Wed, 20 Mar 2013 14:59:32 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-investment-management-strategy-provdes-boost-for-UK-funds.aspxThe Treasury's Investment Management Strategy is “a very strong statement of intent to preserve and enhance the UK’s position as a leading global investment management centre”Wed, 20 Mar 2013 15:55:25 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-little-comfort-in-the-short-term-for-public-servants.aspxMorale across the public sector is already fragile, so the decision to drive up National Insurance Contributions will put further strain on employee engagementWed, 20 Mar 2013 16:50:59 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-more-reasons-cheer-automotive-industry.aspxJohn Leech, UK Head of Automotive at KPMG comments: "Despite little room for manoeuvre, the Chancellor has delivered a number of important stimuli that will be welcomed by automotive manufacturers" Wed, 20 Mar 2013 14:39:49 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-new-mpc-remit.aspxAndrew Smith, Chief Economist at KPMG, comments on the new MPC remitWed, 20 Mar 2013 15:41:05 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-offshore-tax-crackdown-intensifies.aspxThe Government’s crackdown on offshore tax evasion continued today, with the Chancellor announcing an agreement for the exchange of information and accompanying disclosure facility with Jersey.Wed, 20 Mar 2013 14:48:58 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-oil-industry-welcomes-support-for-investment.aspxThe oil & gas industry in the North Sea – having endured the shock tax announced in the Budget two years ago – will welcome the announcements on decommissioning certainty.Thu, 21 Mar 2013 10:53:03 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-revised-gov-procurement-tax-rules.aspxRevised gov procurement tax rules “good for government, for business and for ensuring companies play by the rules,” says KPMGWed, 20 Mar 2013 13:49:19 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-ring-fencing-nhs-budget-does-not-guarantee-results-for-patients.aspxAndrew Hine, UK head of healthcare at KPMG, comments on the Chancellor’s announcement that the NHS’ budget will continue to be protectedWed, 20 Mar 2013 14:44:13 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-single-pot-half-full.aspxIt is great that the government has accepted Lord Heseltine’s recommendations around the single pot of fundingWed, 20 Mar 2013 16:42:24 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-state-pension-changes-to-hit-final-salary-schemes.aspxChancellor George Osborne confirmed in his Budget speech today that state pension changes – creating a single tier state pension - will be brought forward to 2016 from 2017.Wed, 20 Mar 2013 13:49:15 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-tax-breaks-for-investment-small-business.aspxWith the ongoing crack down on tax avoidance set to increase the Government’s tax take, UK tax payers could be forgiven for hoping for additional tax reliefs from today’s Budget statement.Wed, 20 Mar 2013 16:07:48 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-transport-priority-among-top-40-infrastructure-programmes.aspxToday’s Budget is good news for Britain’s transport networkWed, 20 Mar 2013 16:31:19 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/budget-2013-vat-refunds-manufacturers-business-cheers-HMRC-turnaround-goodwill-payments.aspxWe are delighted that HMRC has now legislated to change the treatment of goodwill payments by manufacturers to final customers, which means these businesses can now accelerate related VAT refunds. Wed, 20 Mar 2013 15:47:02 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Budget-2013-Government-needs-to-outline-measures-that-continue-to-boost-UK-technology-sector-says-KPMG.aspxTim Kay, Head of KPMG’s High Growth Technology Group outlines the reasons why the Chancellor should put supporting the UK Technology sector Mon, 22 Apr 2013 10:52:53 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Looking-in-the-rear-view-mirror-isnt-the-best-way-for-HR-to-move-forward-says-KPMG.aspxSpeaking at the CIPD ‘HR Analytics’ conference, today, Robert Bolton, head of KPMG’s Global HR Transformation Centre of Excellence, called on the HR profession to help businesses drive growth by focusing on the problems of the futureTue, 19 Mar 2013 13:25:18 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Pain-relieved–at-leas-tfor-the-moment-on-PAYE-reporting-says-KPMG.aspxCommenting on today’s announcement from HMRC of plans to ease PAYE reporting requirements for small businesses, Steve Wade, employment tax director at KPMG in the UK, saidTue, 19 Mar 2013 10:35:05 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-recognised-for-innovative-solutions-to-improve-Londons-transport-network.aspxKPMG was ‘highly commended’ in the ‘Supplier of the Year’ category at last Thursday’s London Transport Awards Ceremony Mon, 18 Mar 2013 11:21:50 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Budget-2013-Government-must-get-infrastructure-story-back-on-track-says-KPMG.aspxRichard Threlfall, KPMG’s UK Head of Infrastructure comments ahead of the Chancellor’s budget announcement next weekFri, 15 Mar 2013 15:50:37 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Budget-2013-Running-out-of-time-says-KPMGs-head-of-public-sector.aspxLooking ahead to next week’s budget, Alan Downey, Head of Public Sector at KPMG in the UK, said:Thu, 14 Mar 2013 09:22:08 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Budget-2013-Chancellor-walks-a-difficult-tightrope-says-KPMG-head-of-tax-policy.aspxChris Morgan, head of tax policy at KPMG in the UK, looks ahead to the UK Budget on 20 March 2013Thu, 14 Mar 2013 09:34:24 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-creates-innovative-new-graduate-trainee-programme.aspxKPMG is launching a pilot programme for Audit and Advisory graduate trainees this autumn which will establish a new route to ACA qualificationThu, 14 Mar 2013 13:26:48 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/UK-accounting-finally-closes-the-GAAP.aspxKPMG in the UK welcomes the issue of the Financial Reporting Council’s (FRC’s) Financial Reporting Standard 102Tue, 19 Mar 2013 13:48:07 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Partnership-with-Third-Sector-and-SMEs-helps-KPMG-win-place-on-Government-roster.aspxFollowing a competitive tender process KPMG and its partners have been awarded places on 8 of the Government’s rosters, covering areas ranging from financial strategy to internal audit and assurance servicesWed, 13 Mar 2013 13:39:33 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Government-plan-could-smooth-the-way-for-retail-pioneers-says-KPMG.aspxCommenting on the UK Retail Industry International Action Plan launched today by Vince Cable, David McCorquodale, head of retail at KPMG, said:Wed, 13 Mar 2013 15:23:15 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Budget-2013-Good-news-in-short-supply-says-KPMG-Chief-Economist.aspxLooking ahead to next week’s budget, Andrew Smith, Chief Economist at KPMG in the UK, said:Wed, 13 Mar 2013 16:16:36 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Appetite-for-recruitment-must-be-matched-by-search-for-talent-says-KPMG.aspxReacting to the publication, today, of figures suggesting that firms are ready to recruit, Tim Payne, KPMG’s global lead for talent management, saysTue, 12 Mar 2013 15:03:14 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Low-cost-vs-legacy-airlines-Distinction-between-the-two-increasingly-irrelevant-says-KPMG.aspxThe difference between the cost base of low cost carriers and legacy airlines has narrowed dramatically over the last six yearsWed, 27 Mar 2013 15:04:28 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/House-building-would-be-fastest-acting-pain-relief-for-UKs-economic-headache-says-KPMG.aspxRichard Threlfall comments after the CBI has called on the UK government to build more homes in order to boost growthMon, 22 Apr 2013 10:48:27 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Report-on-Jobs-Growth-of-staff-appointments-slows-in-February.aspxThe 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. Fri, 08 Mar 2013 09:56:26 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Frivolous-attitude-to-mPayments-increases-risk-of-fraud-says-KPMG.aspxfigures are released today highlighting the financial losses caused by credit and debit card payment fraudThu, 07 Mar 2013 08:31:01 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-comments-on-IASB-proposals-on-accounting-for-loanimpairments.aspxThe IASB has today issued its long-awaited revised proposals on accounting for the impairment of financial assetsThu, 07 Mar 2013 14:00:39 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-appoints-new-head-of-Management-Consulting.aspxMichael Robinson has been appointed UK Head of Management Consulting at KPMG. He assumes his new role having previously led the firm’s Financial Services Management Consulting practice.Wed, 06 Mar 2013 09:26:58 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/SMMT-car-sales-data-UK-consumers-enticed-by-attractive-discounts-from-car-makers-says-KPMG.aspxJohn Leech, UK Head of Automotive at KPMG, comments on the car sales data released today by the Society of Motor Manufacturers and Traders (SMMT):Fri, 05 Apr 2013 14:21:43 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/A-Thompson-Sons-Ltd-enters-administration.aspxMark Firmin, Howard Smith and Paul Flint of KPMG’s Restructuring practice, have today been appointed joint administrators of A Thompson & Sons Limited (Thompsons), the Sunderland based builders merchants.Tue, 05 Mar 2013 12:15:30 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/BRC-KPMG-Retail-Sales-Monitor-February-2013-strongest-sales-growth-for-three-years.aspxUK retail sales values were up 2.7% on a like-for-like basis from February 2012, when they were down 0.3% on the preceding year.Tue, 05 Mar 2013 08:26:48 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Dont-allow-prejudice-to-be-a-barrier-to-success-say-guest-speakers-at-KPMGs-Leaders-that-inspire-event.aspxBeing individual and passionate are key for young professionals looking to progress in their careers, according to a panel of influential guests at a KPMG event last week.Tue, 05 Mar 2013 13:44:58 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/london-web-summit-showcases-vibrancy.aspxTomorrow will see hundreds of technology companies, ranging from start-ups to the established, join with investors and media for the 2013 London Web Summit.Thu, 28 Feb 2013 15:27:38 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/product-placement-set-rapid-growth-on-uktv.aspxProduct Placement could significantly alter the way UK TV programming is produced, financed and consumed over the next few yearsWed, 27 Mar 2013 14:57:55 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Knowledge-is-not-always-power.aspxAn inability to interpret and understand data is preventing organisations across the UK from predicting trends and planning for their long-term futureFri, 05 Apr 2013 14:28:43 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-ranked-38th-out-of-2,097-and-first-among-the-Big-Four-in-second-and-final-Carbon-Reduction-Commitment-table.aspxKPMG has been ranked 38th out of 2,097 participants, from 99th in 2011 and first among the ‘Big Four’ accountancy firms, in the second and final Carbon Reduction Commitment (“CRC”) table released today by the Environment AgencyTue, 26 Feb 2013 12:52:14 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-response-to-Competition-Commission-findings.aspxFollowing publication by the UK Competition Commission (‘the Commission’) of its provisional findings into the supply of statutory audit servicesFri, 22 Feb 2013 08:10:58 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-calls-for-clear-road-map-to-implementation-following-latest-Solvency-II-delay.aspxThe European Parliament plenary meeting to consider, and hopefully approve, the Omnibus 2 amendments to the Solvency II directive has been moved back from 10 June to 22 October 2013Thu, 21 Feb 2013 10:07:31 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-cited-as-leader-for-Information-Security-consulting-services-by-independent-research-firm.aspxKPMG’s Information Security Consulting Services capability has been named a “Leader” in the first-quarter 2013 Forrester Wave™ Information Security Consulting Services report, which evaluated 10 firms. Thu, 21 Feb 2013 14:22:33 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Resilient-UK-car-production-rises-despite-Eurozone-demand-collapse-says-KPMG.aspxJohn Leech, UK Head of Automotive at KPMG comments on the January 2013 vehicle manufacturing data published today by the Society of Motor Manufacturers and Traders:Thu, 21 Feb 2013 14:53:50 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Turning-the-tables-UK-can-learn-from-Chinas-innovative-approach-says-KPMG.aspxSpeaking ahead of the annual Silicon Dragon conference at the Google Campus in London, today, Tudor Aw – technology sector head at KPMG – argues that UK organisations face the risk of losing the global technology race Wed, 20 Feb 2013 11:49:06 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-broadens-Economics-and-Regulation-team-with-dual-appointment.aspxKPMG has strengthened its Economics and Regulation advisory team with the appointment of two new directors to focus on the energy and utilities sector.Wed, 20 Feb 2013 11:36:43 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Employment-figures-give-more-reasons-for-optimism-says-KPMG.aspxReacting to the publication, today, of the latest UK employment figures, which have seen unemployment levels fall by 14,000, Stephen Barter, Director, KPMG Management Consulting, says:Wed, 20 Feb 2013 11:06:02 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/European-banks-in-midst-of-a-multi-year-transition-says-KPMG.aspxThe third in the series of Evolving Banking Regulation reports from KPMGThu, 21 Feb 2013 16:23:03 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/4G-coverage-in-most-major-cities-and-towns-by-end-of-next-year-says-KPMG.aspxCommenting on the 4G auctions, Chris Woodland, Telecoms Partner at KPMG, said Wed, 20 Feb 2013 15:43:37 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Second-wave-of-city-deals-an-exciting-step-forward-in-the-right-direction.aspx“Reacting to the announcement that all 20 of the proposed second wave city deals have been agreed by the government, Kru Desai, KPMG’s UK head of local & regional government, commentsWed, 06 Mar 2013 14:56:01 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Retail-sales-figures-reveal-a-mixed-bag-says-KPMG.aspxDavid McCorquodale, UK Head of Retail at KPMG, comments on the latest Retail Sales figures from the Office for National StatisticsFri, 15 Feb 2013 13:55:02 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Widespread-industry-change-needed-to-restore-customer-trust-says-KPMG.aspxDavid McCorquodale, UK Head of Retail at KPMG, comments on the horse meat situation:Fri, 15 Feb 2013 14:52:29 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Randomised-testing-works-in-sport-so-bring-it-to-fore-of-the-food-supply-chain-says-KPMG.aspxCommenting on the latest developments in the horse meat scandal, Andrew Underwood, head of supply chain at KPMG, says:Thu, 14 Feb 2013 09:19:22 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Business-leaders-call-for-changes-to-corporate-reporting.aspxKPMG has published a new report that brings together a range of leaders in their field discussing the direction that reporting needs to takeMon, 18 Feb 2013 12:56:09 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Government-procurement-contracts-and-tax.aspxCommenting on today’s discussion document from HMRC, Jane McCormick, head of tax at KPMG in the UK, said:Thu, 14 Feb 2013 14:37:31 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/best-Islamic-finance-adviser-by-Euromoney.aspxKPMG has been named 'Best Islamic Assurance and Advisory Services Provider' in the 2012 Euromoney Islamic finance awards. Wed, 13 Feb 2013 10:57:09 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/MF-Global-UK-special-administrators-publish-improved-estimated-outcome.aspxThe special administrators of MF Global UK have published an updated estimated outcome for creditors. Wed, 13 Feb 2013 14:53:40 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Price-wars-unlikely-to-win-over-customers-as-service-levels-drive-consumer-satisfaction.aspxBritain’s consumers are putting service ahead of savings and remaining loyal to their current utilities, telecoms and home entertainment providers. Wed, 13 Feb 2013 09:27:57 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Payment-via-Twitter-will-start-trending-says-KPMG.aspxFollowing the news that American Express has launched a new ‘purchase via Twitter’ service for its US-based customers, Stephen Bonner, partner in KPMG’s Information Protection and Business Resilience team, commentedFri, 01 Mar 2013 16:27:58 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/The-Financial-Times-at-125-The-future-of-the-newspaper-business-is-digital-says-KPMG.aspxDavid Elms, KPMG’s Head of Media comments ahead of the 125th anniversary of the Financial Times on Wednesday, February 13, 2013Mon, 18 Feb 2013 12:59:31 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Reporting-cyber-security-breaches-could-be-good-for-business-says-KPMG.aspxFollowing news that companies operating in Europe across a wide range of industries may be required to report cyber security breaches under new European Commission proposals, George Thompson, director in KPMG Risk Consulting, commented:Fri, 08 Feb 2013 13:27:11 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Report-on-Jobs-Permanent-placements-and-temp-billings-both-continue-to-rise-in-January.aspxThe 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. Fri, 08 Feb 2013 08:38:46 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/angel-biotechnology-holdings-plc-angel-biomedical-limited.aspxBlair Nimmo and Gary Fraser of KPMG LLP were appointed Joint Administrators of Angel Biotechnology Holdings plc and Angel Biomedical Limited on 8th February 2013.Fri, 08 Feb 2013 16:21:13 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Due-diligence-essential-to-build-trust-and-avoid-repeat-of-horsemeat-scandal-says-KPMG.aspxHitesh Patel, Forensic Partner at KPMG commentedFri, 22 Feb 2013 11:06:35 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-appointed-Administrators-to-Quinton-Hazell-Automotive-Limited-and-Klarius-Group-Limited.aspxFollowing their appointment, the Administrators reached an agreement to sell the Klarius emissions business based at Cheadle, Staffordshire to Klarius Products Limited, preserving 234 jobs. Thu, 07 Feb 2013 11:32:05 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Klarius-Group-Limited-and-Quinton-Hazell-Automotive-Limited-administration-update.aspxPaul Flint, Joint Administrator and Restructuring partner at KPMG, commented: "Despite extensively marketing the Glasson Dock and Colwyn Bay sites to potential buyers, we were unable to find a buyer and have taken the difficult decision to wind them down"Thu, 07 Feb 2013 13:12:42 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Majority-of-organisations-say-they-havent-made-enough-cuts-but-still-lack-capability-to-perform-says-KPMG.aspxWeak demand for goods or services, political and economic gridlock in emerging markets and ongoing uncertainty surrounding the global economy have combined to force businesses to renew their cost-cutting programmesWed, 06 Feb 2013 10:28:23 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/New-challenges-to-Cloud-adoption-come-to-the-fore-as-organisations-shift-from-planning-to-implementation.aspxAdapting to, and adopting cloud is more complicated and fraught with problems than many business and IT executives originally anticipated according to a new report, published today by KPMGFri, 01 Mar 2013 16:30:26 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Buoyant-new-car-market-poses-risks-for-used-car-retailers-says-KPMG.aspxJohn Leech, UK head of automotive at KPMG, comments on the car sales data released today by the Society of Motor Manufacturers and Traders (SMMT):Wed, 06 Feb 2013 11:16:45 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/sale-cobbetts-saves-jobs.aspxMark Firmin, Brian Green and Howard Smith of KPMG’s Restructuring practice were today appointed joint administrators to Cobbetts LLP. Thu, 07 Feb 2013 09:16:54 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Baggaley-Construction-Limited-update.aspxAdministrators from KPMG, who were appointed joint administrators to Herbert Baggaley Construction Limited and Baggaley Group Limited on Friday 1st February, have today confirmed that unfortunately 83 staff have been made redundant. Tue, 05 Feb 2013 08:51:00 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/BRC-KPMG-Retail-Sales-Monitor-January-2013.aspxUK retail sales values were up 1.9% on a like-for-like basis from January 2012, when they were down 0.3% on the preceding year.Tue, 05 Feb 2013 08:28:28 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Administrators-appointed-to-Baggaley-Group.aspxChris Pole and Richard Philpott of KPMG were today appointed joint administrators to Herbert Baggaley Construction Limited and Baggaley Group Limited. Mon, 04 Feb 2013 08:27:38 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Insolvency-figures-show-transport-and-hotel-sectors-are-struggling.aspxThe transport, hotel and restaurant sectors are still struggling, despite an overall fall in insolvency figures, statistics from the Insolvency Service revealFri, 01 Feb 2013 12:45:29 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Personal-insolvencies-fall-by-13-as-consumers-tighten-their-belts.aspxBut KPMG remains cautious on whether this trend will continue during 2013Fri, 01 Feb 2013 13:49:34 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/UK-Water-Sector-Welcome-to-a-brave-new-world-says-KPMG‬.aspxMatt Cuchra, Partner at KPMG’s Infrastructure Advisory Group comments on the PR14 Methodology Consultation published by Ofwat this weekFri, 01 Feb 2013 13:01:57 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/UK-manufacturing-production-showing-encouraging-signs-despite-a-fragile-global-economy-says-KPMG.aspxStephen Cooper, KPMG’s UK head of manufacturing, comments on the Markit/CIPS Manufacturing Purchasing Managers' Index (PMI), which continued to expand at 50.8 in January, following on from a positive Q4 in 2012Fri, 01 Feb 2013 11:16:24 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Public-policy-and-tax.aspxKPMG in the UK has published a set of principles which govern the tax advice the firm provides to its clients. Thu, 31 Jan 2013 09:24:04 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Blackberry-may-have-come-up-with-killer-feature-that-will-satisfy-Corporate-IT-departments-and-keep-customers-happy.aspxTudor Aw, KPMG’s Head of Technology Europe, comments on the launch of the new Blackberry smartphonesThu, 31 Jan 2013 13:48:21 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/FRC-going-concern-test-sets-high-hurdle-says-KPMG.aspxCommenting on the FRC’s consultation draft of guidance on going concern reporting, Tony Cates, Head of Audit at KPMG, saidWed, 30 Jan 2013 15:48:37 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Executives-concerned-over-companies-risk-management-programmes.aspxRisk management and crisis readiness continue to pose significant challenges to companies across the globeFri, 01 Mar 2013 16:30:09 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/hs2-could-boost-economic-output-17bn-to-29bn-in-2040.aspxRichard Threlfall, Head of Infrastructure, Building and Construction, comments on the Government’s preferred route for phase 2 of HS2Mon, 28 Jan 2013 12:22:52 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/impact-study-may-not-end-solvencyII-delays.aspxFollowing agreement of the terms of reference by the European Parliament, the Council and the Commission, European Insurance and Occupational Pensions Authority (‘EIOPA’) has today launched the long-term guarantee impact studyMon, 28 Jan 2013 16:01:45 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/personal-relationships-crucial-to-unlocking-success-in-Indian-deal-market.aspxThere is large global appetite to tap into the high growth Indian market but international acquirers often struggle to identify opportunities and meet seller expectationsMon, 28 Jan 2013 09:04:34 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/smart-cities-provide-massive-opportunity-for-uk-technology-sector.aspxGlasgow securing £24 million in Government funds is a boost to the UK’s plans to become a global technology centre of excellenceFri, 25 Jan 2013 12:57:48 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/smartphone-market-market-penetration-rather-than-innovation.aspxTudor Aw, KPMG’s Head of Technology Europe comments after Apple and Samsung announced results this weekFri, 25 Jan 2013 13:04:46 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/uk-public-finance-data.aspxKPMG releases its Walking the fiscal tightrope report, which analyses the struggle of governments around the world to achieve fiscal sustainability.Fri, 01 Mar 2013 13:07:59 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/governmentconsultation-smoothing-assets-and-liabilities-pension-scheme-funding.aspxMike Smedley comments on the Government consultation paper on smoothing assets and liabilities in scheme funding valuationsMon, 18 Feb 2013 15:23:14 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/not-yet-a-triple-dip-recession-but-not-recovery-either.aspxCommenting on the Office for National Statistics’ preliminary estimate of UK Gross Domestic Product in the final quarter of 2012, KPMG Chief Economist, Andrew Smith, said: Fri, 25 Jan 2013 10:27:18 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/New-attitude-to-staff-will-be-key-to-NHS-future-says-KPMG.aspxInsufficient attention is being paid to the changing relationship between clinicians and their patients. The result, according to a new report by KPMG, is a health service where the quality of care is dropping below standards expected by patients. Thu, 24 Jan 2013 10:54:50 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Hacking-won’t-be-stopped-by-levelling-fines-says-KPMG.aspxMalcolm Marshall, global partner in charge of Information Protection at KPMG, comments on fines being handed out when companies are unable to protect customer dataWed, 30 Jan 2013 15:59:15 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMGs-Construction-Barometer-shows-urgent-need-for-further-restructuring-across-industry.aspxAnalysis of the UK’s 14 largest contractors confirms the urgent need for further cost efficiency and restructuring across the construction sectorMon, 28 Jan 2013 13:49:08 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Employment-figures-are-encouraging-but-long-term-concerns-remain-says-KPMG.aspxReacting to the publication, today, of the latest UK employment figures, which have seen unemployment levels fall by 37,000, Bernard Brown, Partner and Head of Business Services at KPMG, saysWed, 23 Jan 2013 14:57:00 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Global-MA-market-says-welcome-back-to-confidence.aspxKPMG International’s latest Global M&A Predictor shows that the confidence to undertake significant M&A is predicted to return to the world’s largest companiesTue, 22 Jan 2013 12:34:46 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/UK-companies-in-top-10-gold-medal-winners-for-sustainable-business.aspxUK companies rank highly in The Sustainability Yearbook 2013 gold medal-tableWed, 30 Jan 2013 11:37:07 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMGs-Digital-Debate-Smartphones-and-tablets-give-rise-to-phenomenon-of-the-digital-multi-tasker.aspxConsumers worldwide are embracing myriad new ways to consume digital media content, while appetite for traditional media remains robustMon, 28 Jan 2013 14:58:46 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Old-fashioned-con-artistry-makes-a-comeback-according-to-KPMGs-latest-Fraud-Barometer.aspxThe latest ‘Fraud Barometer’ from KPMG shows a rise in individuals committing more traditional scamsMon, 28 Jan 2013 14:15:27 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/A-unique-way-to-join-the-social-media-conversation-at-Davos.aspxSocial media aggregator WEFlive.com provides a simple way to follow and interact with Twitter conversations from delegates at the World Economic ForumMon, 04 Feb 2013 08:21:26 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Final-FATCA-regulations-bring-much-needed-certainty-but-implementation-time-frame-remains-challenging-says-KPMG.aspxCommenting on new FATCA final regulations released in the evening of 17 January, Jennifer Sponzilli, KPMG US tax partner based in London, commented:Fri, 18 Jan 2013 10:27:10 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Retail-sales-fall-flat-with-little-growth-on-the-horizon.aspxDavid McCorquodale, UK Head of Retail at KPMG, comments on the latest Retail Sales figures from the Office for National Statistics: Fri, 18 Jan 2013 10:13:51 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Retail-Think-Tank-confirms-difficult-end-to-a-difficult-year.aspxThe health of retailing in the UK hit a new low in quarter four of 2012, despite customary spikes of increased sale activity in December. Thu, 17 Jan 2013 10:52:06 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/UK-car-production-could-hit-2-million-mark-in-2016-says-KPMG.aspxJohn Leech, UK Head of Automotive at KPMG comments on the 2012 vehicle manufacturing data published today by the Society of Motor Manufacturers and Traders:Thu, 17 Jan 2013 14:54:39 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/No-point-waiting-if-referral-to-treatment-times-are-to-improve-says-KPMG.aspxAs the latest figures highlighting patient waiting times from ‘referral to treatment’ are released, Professor Hilary Thomas, a partner within KPMG’s Healthcare Advisory team welcomes the news that the majority of patients are seen within 18 weeksThu, 17 Jan 2013 11:56:20 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-raises-£120,000-for-charities-through-First-Hour-appeal.aspxKPMG staff and partners have raised over £120,000 for the firm’s national charity partners Action for Literacy and Shelter through a ‘First Hour’ appeal.Thu, 17 Jan 2013 09:24:07 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-global-tax-rate-survey.aspxThe average global indirect tax rate average increased by 0.17 percent to 15.50 percent during 2012, Tue, 15 Jan 2013 09:34:01 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Tinkering-around-the-edges-will-not-achieve-civil-service-reform-says-KPMG.aspxCommenting on the debate surrounding reform of the civil service, Alan Downey, head of public sector at KPMG, says:Tue, 15 Jan 2013 11:25:07 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Automotive-sector-developing-into-twin-track-industry-says-KPMG.aspxJohn Leech, KPMG’s UK Head of Automotive, comments on job creation at Jaguar Land Rover while Honda plans to make 800 redundanciesMon, 04 Feb 2013 13:55:51 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Brown-Review-offers-welcome-dose-of-pragmatism-for-train-operators-says-KPMG.aspxEd Thomas, Director at KPMG’s transport advisory group comments on the recommendations of the Brown review into rail franchisingWed, 30 Jan 2013 14:54:28 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/Review-of-prisons-and-probation-services-should-be-welcomed-says-KPMG.aspxAlan Downey, head of public sector at KPMG, comments on plans to close prisons and allow the private sector to supervise low-risk offenders on probation in England and Wales. Thu, 10 Jan 2013 14:58:35 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/automakers-shift-investment-back-to-petrol-engine-cars.aspxKPMG's Global Automotive Survey finds enthusiasm for electric cars wanes, with petrol engine cars and hybrids set to dominate over next decadeWed, 09 Jan 2013 09:31:47 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/2013-set-to-be-a-bumper-year-for-Asset-backed-pension-funding-says-KPMG.aspxSeven asset-backed funding structures were implemented in 2012, with a total value of over £500m, according to KPMG’s research. Mon, 04 Feb 2013 13:32:11 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/BRC-KPMG-Retail-Sales-Monitor-December-2012-Christmas-fulfils-low-expectations.aspxUK retail sales values were up 0.3% on a like-for-like basis from December 2011, when they were up 2.2% on the preceding year. On a total basis, sales were up 1.5%, against a 4.1% rise in December 2011.Tue, 08 Jan 2013 09:13:30 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/MF-Global-UK-special-administrators-announce-increased-client-distribution-and-initial-unsecured-creditor-distribution.aspxThe special administrators of MF Global UK have published a detailed document outlining the illustrative effect of the agreements made with the MF Global US entities on 22nd December 2012. Tue, 08 Jan 2013 14:00:40 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-director-receives-OBE-.aspxTeresa Sienkiewicz, director in KPMG’s pensions audit practice, has received an OBE in this year’s New Year honours list for services to the accountancy and pensions professions.Wed, 02 Jan 2013 15:29:16 GMThttp://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/2013.aspxPress releases from KPMG in the UK during 2013Mon, 14 Jan 2013 10:27:42 GMT