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The Latest Breaking News from KPMG

Festive spending helps boost retail sales, figures show

Black Friday, warm clothes purchasing and Christmas spending helped bring in cash, but record food price inflation is also a partial contributor

Daily Record

Festive spending helps boost retail sales

Scottish sales increased by 5.5% compared with November 2021

Insider UK

KPMG announces 10 new directors in Scotland

Professional services firm now employs around 1,000 people across Aberdeen, Edinburgh and Glasgow

Insider UK

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A 20% home price crash? These 7 forecast models can see it—where the other 13 leading models have the 2023 housing market going

Where 20 leading forecasters foresee home prices going in 2023.

Fortune

LaLiga would be ‘bankrupt’ if Real Madrid and Barcelona join Super League

Real Madrid and Barcelona have been warned they will bankrupt LaLiga and themselves if they press ahead with plans for a European Super League.

The National (Scotland)

LaLiga would be ‘bankrupt’ if Real Madrid and Barcelona join European Super League

The presidents of Real and Barca are both firm advocates of the Super League project.

The Independent UK

Number of mortgage approvals for house purchase falls to lowest level since 2020

The number of mortgage approvals made to home buyers in October was the lowest since June 2020.

The Independent UK

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Peter Cowgill, Stock Exchange Hotel and a former England rugby player: The 24 latest hires and promotions across the North West

BusinessLive rounds up the latest North West hires and promotions

Birmingham Post

KPMG moving Nottingham office to the new University of Nottingham Castle Meadow Campus

And as well as providing shared facilities it is hoped it will also supply a new pool of talent from the university

Birmingham Post

Surge in South West firms securing funding deals

Businesses in the region continue to attract investment amid the challenging economic climate, a KPMG report said

Birmingham Post

Scottish retailers facing 'toughest festive season in a decade'

Sales across almost every category fell year-on-year, as consumers adjust to shrinking household incomes

Insider UK

The Pandemic Housing Bubble is bursting, says KPMG

"Once you start the process of prices falling nationally, there is a self-fulfilling momentum to it because no one wants to catch a falling knife" says Diane Swonk, chief economist at KPMG.

Fortune

People on the move: key North East appointments and promotions of the week

Companies featuring in this week's round-up include KPMG, the North East LEP, Silk Family Law and Seriös Group

Birmingham Post

KMPG announces raft of promotions in South West

The Big Four firm said the announcement demonstrated its "continued investment" in the region

Birmingham Post

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TechRadar

ExpressVPN review – an unrivaled, but costly, security suite

In our complete ExpressVPN review, we get under the hood of one of the biggest names in VPN to see if it really lives up to the hype.

The Independent UK

Consumer confidence claws back two points as UK grapples with ‘new abnormal’

GfK’s long-running Consumer Confidence Index continues to languish at a near-historic low of minus 47.

The New Daily

Spending bonanza to carry Christmas before ‘wiser wallets’ in 2023

Australians are shrugging off the soaring cost of living and heading to the shops in droves ahead of the Christmas holidays.

Insider UK

Scottish retailers face tough Christmas as inflation rises wipe out real-terms sales growth

'Consumers were more cautious last month, avoiding large ticket items'

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news in one place.

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Evening Standard

London jobs market still robust despite financial markets chaos

KPMG says one in five recruiters think there will be permanent staff increase over coming months

The New Daily

Which cars are the most popular in Australia’s three biggest cities?

A new report has revealed which cars are most popular in Australia's three most populated cities and their surrounding suburbs.

Wales Online

Figures show people buying blankets, jumpers and air fryers ahead of winter

Sales of items such as computers and TVs have dropped

The Independent UK

Price inflation buoys shop sales as cost-of-living woes hit shoppers

The latest BRC-KPMG retail sales monitor for September showed that price inflation offset a decrease in transactions by shoppers over the month.

Al Jazeera

Is the US economy in a recession and taking the world with it?

The US is facing rising recession fears even as economic indicators point to mixed signals.

Fortune

You may actually get more expensive Christmas presents this year—just don't expect many from friends or coworkers

Concerns over inflation and supply-chain issues are influencing spending intentions this Christmas.

The Guardian - UK

UK high street warned not to expect return of pre-Covid Christmas

December retail footfall forecast to be 18% down on 2019 levels as people struggle with soaring cost of living

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