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The Latest Breaking News from KPMG

The office returns: are the days of Australians working from home numbered?

Working remotely during the pandemic disrupted a centuries-old agreement between employers and employees. What now for WFH?

The Guardian - AU

More than £2bn of UK foreign climate aid channelled through consultancies since 2010

Findings raise concerns among experts who say climate funding works best when invested directly in local communities

The Guardian - UK

Carillion and the government’s shameful inertia on reform

Outsourcer’s collapse revealed disgraceful failures at auditor KPMG, yet six years on where is tough new regulator we were promised?

The Guardian - UK

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KPMG boss says Carillion auditing was ‘very bad’ as firm is fined record £21m

Jon Holt says some employees ‘simply didn’t do their job properly’ in run-up to one of UK’s biggest corporate failures

The Guardian - UK

Gen Zers hate being told what to do—especially with RTO. But they are more likely to want to come into the office if they think their workplace is unique

If CEOs want to get Gen Z workers back in the office, they’ll need to motivate them to come back.

Fortune

Retail sales growth slows amid higher costs for consumers

Total UK retail sales limped to a 2.7% increase in September despite the fall in inflation, according to the BRC-KPMG Retail Sales Monitor.

The Independent UK

Political uncertainty number one concern for CEOs: KPMG survey

KPMG's CEO outlook for 2023, seen as a temperature check for business leaders around the world, shows geopolitics bolting to the number 1 concern. The survey also found that an overwhelming majority of CEOs are likely to reward employees for returning to the office after the pandemic. France 24 spoke…

France 24

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Your CEO wants you back in the office so badly they’re willing to bribe you

CEOs plan to entice employees back to the office with favorable assignments, raises, and promotions, a KPMG survey finds.

Fortune

Two-thirds of CEOs think staff will return to office five days a week, survey finds

Most company leaders also believe pay and promotions could become linked to workplace attendance

The Guardian - UK

Five in six CEOs mull tying pay or promotions to days spent in the office

More than 60% of bosses expect to see a “full return” to office working by 2026

Evening Standard

Microsoft (MSFT) and 2 More Software Stocks - Buy or Sell?

The software industry is well-poised to flourish, propelled by the anticipated surge in AI-based software solutions. Amid such heightened demand, should one buy or sell three software stocks: Tyler Technologies (TYL), HubSpot, Inc. (HUBS), and Microsoft Corp (MSFT)? Read more to find out….

StockNews.com

How turning corporate trainings into games can boost business performance

Firms that gamified employee training saw higher retention and addition of clients and increased revenue in a study.

Fortune

UK mortgage payers making big changes to meet higher payments, survey finds

Britons are raiding savings or cutting pension contributions, KPMG study finds

The Guardian - UK

Number of workers taking sick leave hits 10-year high

Report finds stress as one of the main contributors to absence as staff take 7.8 days off a year on average

The Guardian - UK

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Newcastle Herald

Newcastle council backs away from hosting Supercars next year

The council says a proposed one-year deal is 'inconsistent' with past consultation.

The Guardian - UK

UK economy hit by ‘renewed signs of stress’ as growth slows; pound at six-month low – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Zombie Britain sees zero growth – and that’s the good news

Some surveys predict recession, but with pay and confidence rising, they may be wrong. That’s the best we, and the PM, can hope for

The Hindu

‘Skill development scam’ in Andhra Pradesh is a matter of conjecture, says former MD of Siemens Suman Bose

The FIR in the alleged skill development scam was registered without doing any verification at the Centres of Excellence / Technical Skill Development Institutes that had been set up at 40 locations in Andhra Pradesh as a part of the BOT agreement signed by the A.P. State Skill Development Corporation,…

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The Guardian - AU

Burney decries ‘unbelievably racist and bullying’ treatment in candid remarks to NSW premier – as it happened

This blog is now closed

The Guardian - AU

Victorian government hired KPMG to consult on tobacco changes despite firm’s links to industry

Transparency advocates condemn arrangement as ‘appalling’ while health department refuses to say how much consultancy was paid

Newsroom.co.nz

Ruapehu bidder says fields don't make financial sense

Ngāti Tūwharetoa has taken its offer off the table and will take legal action if the sale isn't halted, reports Andrew Bevin

The Independent UK

Confident consumers boost retail sales in August

Total UK retail sales were up 4.1% on last August, above the three-month average of 3.6%, according to the BRC-KPMG Retail Sales Monitor.

StockNews.com

3 Software Superstars to Download in September

Amid the AI frenzy, the software industry is well-poised to flourish due to the anticipated surge in AI-based software solutions. Hence, it could be wise to download three software superstars, Microsoft Corp. (MSFT), Pegasystems (PEGA), and Verint Systems (VRNT), to your portfolio next month. Keep reading….

The Guardian - AU

Two-thirds of Australia’s aged care safety inspections outsourced to consultants

Exclusive: Watchdog has contracted third-party providers to conduct audits despite a review warning it’s a ‘significant risk’

The Independent UK

Consumer confidence shows ‘renewed optimism’ against falling core inflation

GfK’s long-running Consumer Confidence Index improved five points in August, although it remains firmly in negative territory at minus 25.

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