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The Latest Breaking News from KPMG

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…

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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

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.

Evening Standard

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.

Fortune

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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.

Evening Standard

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

The Independent UK

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."

Fortune

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 - AU

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

The Guardian - UK

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.

International Business Times

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.”

Fortune

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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.

The Guardian - UK

UK consumers still reluctant to spend going into 2026, KPMG survey finds

Combination of concern about economy and household cost pressures will continue to limit spending, report suggests

The Guardian - UK

Branching out: why banks are back on the British high street

In towns such as Northampton, in-person help with finances is a promise many customers still depend upon

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Fortune

GDP data confirms the Gen Z nightmare: the era of jobless growth is here

"I've never seen anything like it," KPMG's chief economist Diane Swonk told Fortune.

Fortune

Sheryl Sandberg breaks down why it’s a troubling time for women in the workplace right now

Hundreds of thousands of working women left the U.S. workforce this year, while issues of gender stereotyping, workplace harassment, and lackluster capital are creating a “particularly troubling moment” for female talent.

Evening Standard

Pre-Budget shopper ‘jitters’ dampen Black Friday sales

Total retail sales across the UK increased by 1.4% year on year in November – the weakest growth in six months, BRC and KPMG figures show.

The Guardian - UK

HSBC has a new chair but the succession process should have been slicker

This is the UK’s second-largest listed company, and the European bank most exposed to declining US-China relations

The Guardian - UK

HSBC appoints interim chair Brendan Nelson to permanent role

Questions raised about permanency of 76-year-old’s appointment and ‘leadership stability at critical juncture for bank’

Evening Standard

FTSE 100 Live 03 December: CVC deal lifts Smiths, Sainsbury’s falls on Qatar stake sale

Thames Water today reported a backlash from customers after bills were increased in April.

The Guardian - UK

UK refrains from hitting high street on Black Friday as fears grow over economy

Data comes as KPMG highlights soft consumer spending as one factor likely to hold back growth in 2026

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