Tagged: kpmg uk

July 10, 2026 @ 3:13 am By Omar Faridi  |  

UK organizations are integrating artificial intelligence into daily operations at a notable pace, according to research from KPMG. The latest Global AI Pulse survey reveals that 26% of UK companies now incorporate AI tools into routine workflows, up from 18% in the first quarter of… Read More

June 30, 2026 @ 9:09 am By Omar Faridi  |  

The Bank of England’s Money and Credit statistics point to a noticeable slowdown in mortgage activity, with net borrowing by individuals falling to £2.9 billion from £4.4 billion in April. KPMG UK also mentioned that mortgage approvals for house purchases declined to 56,200, down from… Read More

June 17, 2026 @ 8:09 am By Omar Faridi  |  

Economists at KPMG UK have interpreted the most recent inflation release as reinforcing the need for a measured response from the Bank of England. Despite a rebound in services inflation, industry professionals attribute the movement primarily to temporary fluctuations rather than broad-based domestic cost increases…. Read More

June 12, 2026 @ 4:21 am By Omar Faridi  |  

Recent economic data from the UK has prompted a somewhat cautious analysis from the professionals at KPMG. The professional services firm points to persistent challenges stemming from elevated energy prices that continue to hinder a rebound in household consumption. As families brace for notable rises… Read More

June 10, 2026 @ 12:07 am By Omar Faridi  |  

The latest KPMG and REC UK Report on Jobs, covering May 2026 data collected between 12-22 May, reveals a cooling labor market shaped by heightened business caution. Global tensions, including the conflict in Iran, combined with domestic political instability, have prompted employers to scale back… Read More

June 4, 2026 @ 2:35 am By Omar Faridi  |  

KPMG UK has indicated that the latest Bank of England data on money and credit for April 2026 reveals a nuanced picture of household borrowing trends, with mortgage activity highlighting both resilience in parts of the housing market and growing pressures on affordability. KPMG UK… Read More

May 15, 2026 @ 3:01 am By Omar Faridi  |  

Following the release of official data showing the UK economy expanded by 0.6% in the first quarter of 2026, with a solid 0.3% rise recorded in March, analysts at KPMG have offered a measured assessment of the outlook. While the headline figures indicate resilience in… Read More

May 14, 2026 @ 1:51 am By Omar Faridi  |  

KPMG noted that the latest monthly snapshot of the UK labor market reveals a mixed picture, with permanent staff appointments declining at the fastest rate since January while temporary hiring showed tentative signs of life. According to the May 2026 KPMG and REC UK Report… Read More

May 12, 2026 @ 1:34 am By Omar Faridi  |  

KPMG indicated that new rules designed to protect customer funds held by payment and electronic money firms took effect on 7 May 2026, marking a significant upgrade to the UK’s financial safeguards. The Financial Conduct Authority (FCA) introduced the measures to ensure that client money… Read More

May 6, 2026 @ 1:17 am By Omar Faridi  |  

KPMG UK noted in its latest commentary on the Bank of England’s March 2026 Money and Credit statistical release, KPMG UK has offered a nuanced assessment of the UK’s lending landscape. Karim Haji, Global and UK Head of Financial Services at KPMG, described an economy… Read More

May 1, 2026 @ 1:07 am By Omar Faridi  |  

KPMG UK has offered a detailed assessment of the Bank of England’s and the European Central Bank’s latest interest rate decisions, underscoring the challenges posed by persistent energy market disruptions and shifting economic signals across Europe. Yael Selfin, Vice Chair and Chief Economist at KPMG… Read More

April 21, 2026 @ 4:06 am By Omar Faridi  |  

KPMG has indicated that senior executives in the UK financial services sector are showing renewed optimism about London’s prospects as a hub for initial public offerings, with a strong majority believing that any market rebound this year will prove enduring rather than fleeting. According to… Read More

April 12, 2026 @ 5:34 am By Omar Faridi  |  

KPMG UK has provided an extensive analysis of the Bank of England’s Q1 2026 Credit Conditions Survey, cautioning industry participants that the UK lending market is showing clear signs of mounting stress despite some areas of stability. KPMG’s researchers emphasized that rising default rates by… Read More

April 10, 2026 @ 7:56 am By Omar Faridi  |  

KPMG UK has indicated in a recent update that AI no longer needs traditional return on investment in order to be justified. In fact, 65% of UK based respondents claim that their organization would most likely continue to invest in AI regardless of tangible ROI… Read More

March 26, 2026 @ 8:21 am By Omar Faridi  |  

KPMG UK recently released key updates that together paint a cautious picture for households and businesses: consumer confidence has weakened sharply, and KPMG’s chief economist warns inflation could re-accelerate if energy shocks persist. KPMG’s quarterly Consumer Pulse, based on an online survey of 3,000 UK adults… Read More

March 25, 2026 @ 2:40 am By Omar Faridi  |  

KPMG UK has offered timely expert commentary on two pivotal developments in the financial landscape: the European Central Bank‘s recent monetary policy announcement and the lifting of the UK’s £100 contactless card payment threshold. These updates highlight evolving strategies in central banking and retail payments… Read More

March 24, 2026 @ 4:45 am By Omar Faridi  |  

The United Kingdom’s economic recovery is poised to face notable obstacles next year, driven largely by climbing energy prices and a worsening inflation outlook, according to KPMG UK’s latest Economic Outlook. The advisory firm now forecasts gross domestic product growth slowing sharply to 0.7 percent… Read More

March 14, 2026 @ 8:18 am By Omar Faridi  |  

The United Kingdom’s economy has opened 2026 on shaky ground, with fresh official statistics revealing no expansion in gross domestic product during January. In response, senior analysts at KPMG UK have issued a sobering assessment, highlighting how surging energy costs and shifting financial conditions are… Read More

March 9, 2026 @ 10:19 am By Omar Faridi  |  

The UK recruitment sector edged closer to stability in February 2026, with permanent hiring experiencing its mildest contraction in nearly three years and overall demand for workers easing at the gentlest pace since last May. These encouraging signals emerged from the latest KPMG and REC… Read More

February 20, 2026 @ 12:32 am By Omar Faridi  |  

The latest UK labor market figures released on 17 February 2026 point to a steadily cooling jobs market, strengthening the case for the Bank of England to resume cutting interest rates as soon as March, according to leading economists at KPMG UK. Yael Selfin, Vice… Read More