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The Latest Breaking News from KPMG

Travel agency confesses to overcharging British clients

An Australian corporate travel agency says large clients in the UK have been overcharged going back three years, and an investigation is ongoing.

AAP

Moneybags Minjee eyes monster pot at Tour Championship

Four Australians are chasing the biggest prize in women's golf history at the LPGA Tour's $17 million Tour Championship in Florida.

AAP

KPMG’s new CEO joined as an intern 33 years ago. Now he wants to lure Gen Z back with a new office outfitted with moody lounges and a barista bar

KPMG is shrinking its New York footprint by 40% and betting on design—not mandates—to bring employees back to the office.

Fortune

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Were you on Facebook 10 years ago? You may be able to claim part of this $50 million payout

Right now, more than 311,000 Australian Facebook users can apply for a slice of a A$50 million compensation fund from tech giant Meta – the largest ever payment for a breach of Australians’ privacy.

The Conversation

Companies that donated to Labour awarded £138m in contracts, study finds

Report raises fresh concerns about the link between political donations and public spending

The Guardian - UK

I've worked in AI for decades. Agentic AI will irreversibly change our workforce whether enterprises like it or not

I've spent over 25 years working in AI & Digital, and we're past the point of asking if the technology will transform work. The question is how fast.

Fortune

Jensen Huang says the future workforce will be a mix of ‘humans and digital humans,’ who could be licensed out or hired—and need onboarding

“I tell my CIO, our company’s IT department, they’re going to be the HR department of agentic AI in the future,” Huang said.

Fortune

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Building a Year-Round Future: Cape Smokey's Vision for Community Integration in Cape Breton

A KPMG economic impact study reveals that Cape Smokey has planned to make a bold investment of at least $500 million, demonstrating its commitment to growth and development by 2032.

International Business Times

Trump's New Tariffs on Furniture Will Be Costly, and Americans Will Pay

The evidence is clear that we are paying more, U.S. firms have lower margins, and exports are collapsing in flagship industries.

Reason

Retail spending slows as Budget looms large

Non-food sales growth slowed to 0.7% against growth of 1.7% last September and below the 12-month average growth of 0.9%, the BRC and KPMG reported.

Evening Standard

Pound on track for worst week since January as UK wage growth falls to four-year low – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

From ‘fear factor’ to ‘cognitive fatigue’: KPMG principal on the quarter when everyone started thinking about AI differently

Rahsaan Shears says we’re seeing the rise of “Renaissance skills,” but that doesn’t mean the workforce will be full of poetry majors.

Fortune

CEOs double down on AI as confidence in global economy slips, report

As the global outlook remains uncertain, business leaders are betting on AI and talent, while also making room in their budgets for cybersecurity and regulatory compliance.

Euronews

KPMG chief on CEOs' uncertainty on tariffs, the emerging AI 'hourglass' org shape and the thing 'that honestly keeps me up at night'

The 2025 edition of the KPMG CEO Outlook survey reveals business leaders full of uncertainty, but they know tariffs and AI are here to stay.

Fortune

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Fortune

The Great Exit: Return-to-office demands and skyrocketing childcare push young mothers out of the workforce, KPMG research finds

Mothers are exiting or cutting hours more than fathers, the Big 4 firm says. The steepest declines are for college‑educated mothers of very young children.

Saving Advice

Stocks Soar, Jobs Drop, Tariffs Feed Inflation: Is It The October Effect?

October 2025 is kicking off with a confusing mix of economic signals. Wall Street is rallying, and some analysts are betting on more interest rate...

The Independent UK

Consumer confidence in economy falls to lowest point this year

The number of people feeling that the economy is worsening has increased to 62%, up from 43% at the start of the year, KPMG found.

TechRadar

How to choose an age verification VPN

With age verification laws rolling out worldwide, lots of people are turning to VPNs to boost their online privacy. Here's how to pick a trustworthy VPN.

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The Guardian - AU

Crisafulli insists on more shark nets to protect human lives despite trapped mother and baby whale

Queensland premier says he won’t protect whales ‘at the expense of one single human’

Benzinga

What's Going On With CrowdStrike Shares Today?

Shares of CrowdStrike Holdings Inc (NASDAQ:CRWD) are trading lower on Monday, pulling back after staging a strong rally the week prior.

Evening Standard

UK taxes to rise steadily to combat mounting public spending pressures – KPMG

Economists for KPMG said it had been an unexpectedly strong start to 2025 but the second half was looking more uncertain.

Evening Standard

Retailers enjoyed modest sales boost in August after ‘underwhelming’ quarter

Analysis by the Scottish Retail Consortium and KPMG found August sales were up 1.1% from the same month of last year.

The Guardian - AU

Slashing migration would actually lead to higher house prices in Australia. Here’s why

Economic modelling reveals the effects of eliminating migration for a decade on growth, the workforce and the budget

The Guardian - UK

UK retail sales rise but stores fear tax worries could hit festive period

Warm weather and interest rate cut lift sales in August, as food, drink and computers perform strongly

The Independent UK

Job hunters rise to highest level for nearly five years – report

The monthly KPMG and REC report on jobs showed a slight improvement in permanent recruitment activity, but it remained in decline.

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