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The Latest Breaking News from KPMG

KPMG facing £1.3billion lawsuit over stalled projects including Royal Liverpool Hospital

The claim will allege that KPMG failed to respond to multiple "red flags"

Liverpool Echo

KPMG being sued for £1.3bn over Carillion audit

UK official receiver brings unprecedented action as part of its duty to try to maximise returns for creditors of collapsed firm

The Guardian - UK

Official Receiver files legal claim against KPMG over Carillion role

The claim will allege KPMG failed to respond to multiple ‘red flags’ which should have alerted them to a clear and obvious risk of misstatement.

The Independent UK

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KPMG UK partner pay jumps 20% to £688,000 thanks to ‘hottest deal market ever’

KPMG’s 14,700 UK staff will also share a “market leading” £100 million bonus pool as professional service firms enjoy a strong rebound from the pandemic

Evening Standard

Profits surge almost £150m at KPMG as partner pay-outs jump

During the year KPMG completed the sale of its restructuring business

Birmingham Post

Experts doubt NSW’s $500 after-school care vouchers will get parents back into offices

Dominic Perrottett says scheme will help parents with ‘daily juggle’ but KPMG’s Terry Rawnsley says pandemic behaviours are ‘entrenched’

The Guardian - AU

Interpath Advisory moves to new Birmingham base

Restructuring practice born out of KPMG last year has relocated to its own home

Birmingham Post

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Goldman, PwC and KPMG lead City’s return to the office after Plan B scrapped

Inner London businesses are set for “bounce back” Monday next week as thousands of city workers return to the office.

Evening Standard

KPMG hit with £3 million fine over Conviviality collapse in latest audit scandal

The boss of KPMG UK was today forced to apologise after the accounting watchdog fined the auditor £3 million for “serious” failings with its work on collapsed drinks business Conviviality.

Evening Standard

KPMG fined £3m for ‘serious failings’ in Conviviality audit

Accountant also reprimanded severely for failing to check firm’s claims in latest blow to reputation

The Guardian - UK

UK inflation jumps to 30-year high of 5.4% as cost of living crisis deepens – as it happened

Food prices, furniture, clothes and housing costs rise; unions urge government to tackle cost of living crisis as pressure builds for February rate hike

The Guardian - UK

Carillion tribunal: KPMG ex-partner denies forging documents

Evidence focuses on KPMG’s ‘misleading’ disclosures about audit of company that collapsed in 2018

The Guardian - UK

Be afraid: Executives warn about personal data harvesting and use

A surprising number of business leaders admit to unethical data harvesting, according to KPMG.

Fortune

Cloudflare DNS (1.1.1.1) review

Cloudflare's 1.1.1.1 private DNS and WARP VPN are free to use, easy to set up, but they're let down by a lack of core privacy features and poor speeds.

TechRadar

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