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The Latest Breaking News from KPMG

Luckin 2.0? Freefalling Cloopen Flags Potential Irregularities, Spooking Investors

Key takeaways: • Cloopen said it formed an independent special committee to look into employee misconduct and transaction irregularities discovered by auditor KPMG

Benzinga

KPMG to be fined £14m for forging documents over Carillion audit

Regulator confirms settlement after former staff falsified material over audits of Carillion and Regenesis

The Guardian - UK

Shortage of job seekers stokes London recruitment crisis

KPMG and REC report only shows glimmer of hope for hiring businesses as wage demands sharpen

Evening Standard

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Companies offering higher starting salaries in bid to attract more staff

Businesses across the UK are struggling to recruit workers into temporary and permanent jobs, a new report has found

Birmingham Post

Nottingham City Council: How and why did the auditors fail to identify £40m misspend?

'It looks likely these transactions may never have been selected for testing'

Nottingham Post

Fears more High Street stores could collapse as spending falls

The BRC and KPMG warned that retailer will struggle to absorb rising costs

Evening Standard

Shoppers cut back on spending due to surge in cost of living

Sharp downturn in consumer confidence prompts consumers to 'put brakes' on shopping and eating out

Wales Online

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Shoppers ‘put brakes’ on spending due to surge in cost of living

The latest BRC-KPMG retail sales monitor has revealed that sales dipped in April after a sharp downturn in consumer confidence.

The Independent UK

How do you tax NFTs? States are in a quandary.

Washington is the first state to give guidance on NFTs and sales tax.

Axios

The Star suspends VIP rebate program aimed at attracting high-spending gamblers

The Star Entertainment Group says it will suspend its VIP rebate programs while it deals with probity issues from a damning inquiry into the company's suitability to run its Sydney casino.

ABC News

Southmead Hospital construction 'problems' among key claims in government lawsuit against Carillion auditors

The construction was controversial due to 'problems' with the building and Carillion was later sued by the NHS Trust responsible for the hospital, before the company collapsed

Bristol Post

Troubled Firefighters' Credit Union sparks concern about small finance institutions

As the Reserve Bank expresses concern about the scale and profitability of small finance businesses, firefighters will vote today on the future of their credit union.

Newsroom.co.nz

KPMG Law to double in size over next three years with 220 new hires

The division has bases in Manchester, London, Reading, Birmingham and Leeds

Birmingham Post

Higgs recruits new negligence team and more appointments news

Quartet join Black Country law firm, Barkley Plastics installs new directors and Destination Coventry grows its oversight board

Birmingham Post

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The Guardian - UK

Northern Ireland faces loss of 1 million sheep and cattle to meet climate targets

The Northern Ireland Assembly’s first climate act will require the farming sector to reach net-zero carbon emissions by 2050

Insider UK

KPMG announces four new partners in Scotland

On 1 April, KPMG also announced the promotion of 26 other staff

The Times of India

Wipro appoints Satya Easwaran as India head

NEW DELHI: IT major Wipro Limited has appointed Satya Easwaran, a former senior executive at consultancy KPMG, as its India head.

ABC News

Palliative care funding could benefit the whole health system, advocates say in election push

For many terminally ill Australians, palliative care can provide comfort and support at the end of life, but advocates say funding in the sector continues to fall short.

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news in one place.

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Birmingham Post

Recruitment headache goes on as labour market shrinks in South West

Claimant count falls in Plymouth, Exeter and across the region and with firms finding candidate shortages makes it hard to fill jobs

AAP

Star risk boss grilled on VIP casino room

A senior risk manager at Star Entertainment has been quizzed over what she knew about 'concerning' transactions in a VIP gaming room at The Star Sydney.

Wales Online

Retail sales wane in March as consumer confidence sinks - report

The latest BRC-KPMG retail sales monitor revealed that total sales increased by 3.1% in March, slipping back from a 6.7% rise in February

The Independent UK

Retail sales wane in March as consumer confidence sinks – report

The latest BRC-KPMG retail sales monitor revealed that total sales increased by 3.1% in March, slipping back from a 6.7% rise in February.

AAP

Brisbane Olympics body directors named

The five directors of the Brisbane 2032 Olympics organising committee include a who's who of corporate leaders and Queensland locals.

Benzinga

Morning Brief: Top Stories Dominating Financial Media on Friday, April 8

Reuters

Benzinga

KPMG Says Woodside Investors To Benefit From $40B Merger With BHP Petroleum Arm: Reuters

According to an independent expert, Woodside Petroleum Ltd's (OTC: WOPEY) merger agreement with BHP Group Ltd's (NYSE: BHP) petroleum arm is in the best interest of its shareholders, valuing the c

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