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The Latest Breaking News from KPMG

'Spending more on AI is not the same as creating value': New study claims firms are ready to spend big on AI, but are afraid to take the first step

Companies are committed to investing in AI, but they need to address workforces, security and data first, study finds.

TechRadar

Gen Z will give up $5,000 in pay to log off at 5—but still expects a corner office

“It’s the want versus the reality of what it takes to actually accomplish it,” KPMG’s Derek Thomas told Fortune about Gen Z’s attitude toward success.

Fortune

Irish metals refinery is in supply chain that feeds Russian war machine, records suggest

Shipments to Russian smelters from Aughinish Alumina have increased sharply since the invasion of Ukraine

The Guardian - UK

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‘There’s no such thing as a silly question here’ – three young professionals on confidence, growth and finding their place

From overcoming imposter syndrome to building an impressive portfolio of professional skills, KPMG is fostering an inclusive environment where young talent can thrive

The Guardian - UK

Dow Jones Industrial Average posts best day since early February as hopes of Middle East de-escalation lift markets – as it happened

Investors are piling back into shares after US president extends Iran’s deadline to reopen strait of Hormuz, sending oil price down

The Guardian - UK

Warning Middle East conflict could worsen Scotland’s ‘costs crunch’

Total sales in Scotland last month were flat compared with February 2025 – a year-on-year decrease of 1.1% when adjusted for inflation.

Evening Standard

Top economist says Iran war could trigger an economic ‘butterfly effect’—and keep inflation elevated for years

"Much like we saw in the wake of the pandemic," KPMG's Diane Swonk said, "those changes could trigger a longer-lasting bout of inflation."

Fortune

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The AI productivity paradox: More work, not less

AI is making workers dramatically more efficient. But companies are simply piling on more work. Here's what's actually happening behind the scenes.

Fortune

More CEOs envision hiring than firing due to AI, survey finds

The disruptive nature of AI is fostering significant debate over how the economy will evolve.

Axios

CEOs are using one number in the AI age to decide how many people they still need

A new survey of 100 major CEOs finds AI’s returns are still murky, but the executives quietly recalculating their headcount are looking closely at one metric in particular.

Fortune

Last year, Accenture trained 550,000 workers in AI—now it’s warning senior staff to use it or don’t get promoted

Bosses have long warned staff to come to grips with AI. Now, companies like Accenture, KPMG, and Ring are tying employees’ AI usage to their future success and remuneration.

Fortune

TOP AI Agent Development Companies in 2026

Several research firms in the artificial intelligence (AI) industry predict that the market will grow at a compound annual growth rate (CAGR) of more than 37% from 2026 to 2031, reaching a size of almost 1.68 trillion dollars by 2030. According to Mordor Intelligence's market research, the market for artificial…

inkl

KPMG asks Sydney writers’ festival to delete its name from website after Randa Abdel-Fattah confirmed as speaker

Festival confirmed writer and academic would appear in two sessions in 2026 following disinvitation from Adelaide event

The Guardian - AU

KPMG partner fined for using artificial intelligence to cheat in AI training test

Firm says person fined A$10,000 is one of over two dozen staff in Australia caught using AI in exams since July

The Guardian - UK

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Evening Standard

Retailers enjoy ‘bright start to 2026’ as sales and footfall bounce back

Footfall in Scotland’s shops saw a 5.1% year-on-year rise in January, the highest increase of any UK region.

Fortune

Seahawks head coach turned down a cushy career in finance at KPMG for a football internship—12 years later, he won the Super Bowl at 38

The Seattle Seahawks just won the Super Bowl—but their coach Mike Macdonald wouldn’t be bringing home a trophy if it weren’t for his gutsy career choice to ditch finance.

Evening Standard

Retail sales pick up in January after consumers hold off on Christmas spending

The British Retail Consortium and KPMG said total UK retail sales increased by 2.7% year on year in January.

The Independent UK

Mia Drennan: ‘I started my business after being passed up for promotion – now it’s worth £1bn’

MONEY TALKS: Mia Drennan’s global finance company was founded on credit card debt and the desire to be her own boss. Here she tells Lydia Spencer-Elliott about how she stuck to her guns - and backed herself along the way

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Fortune

Inside KPMG's Orlando Lakehouse: the $450 million Covid boondoggle that's becoming a secret weapon for the AI revolution

Advisory head Patrick Ryan told Fortune about grumbles from the January 2020 ribbon cutting. "Capital-intensive, middle of nowhere…the worst timing."

The Guardian - AU

Gen Xers the new baby boomers: analysis identifies Australia’s richest landholders by generation

Those born between 1965 and 1980 own an average of $1.455m in housing and land, KPMG report finds

The Guardian - UK

UK business confidence weakened and hiring fell at end of 2025, surveys find

Rising costs and economic uncertainty take toll, in contrast to Keir Starmer saying Britain will start to feel richer

International Business Times

Modernization Demands More Than AI. People Will Define the Future of Business

Modernization is organizational archeology, uncovering causal layers of business logic and human practice that lie beneath every button, screen, and integration.

Fortune

Top economist says latest jobs data shows a 'gut-wrenching’ labor market for the middle class

“We’re growing, but we can’t generate jobs,” KPMG chief economist Diane Swonk told Fortune. “Never seen anything like it.”

TechRadar

Dozens of organizations fall victim to infostealers after failing to enforce MFA

50 companies allowed access to cloud instances with just a password and were compromised with infostealers.

Evening Standard

Burger King UK’s owner agrees proposed deal to buy Interpath

Private equity firm HIG Capital is selling Interpath five years after it bought the former restructuring arm of KPMG.

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