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KPMG Press Office
at 22:10 on 09 May, 2008
Your search has found 500 releases
Industries 07 May 2008
Report on Jobs - Decline in permanent placements in April as employers turned to flexible workforces
April’s Report on Jobs, from the Recruitment and Employment Confederation and KPMG, showed that the recent divergence between permanent and temporary staff appointments continued at the start of Q2. While permanent placements fell for the second time in three months, temp billings rose at the strongest rate since last November. Meanwhile, pay inflation continued to slow, reflecting an improvement in the availability of candidates.
Restructuring 02 May 2008
Credit crunch yet to bite as personal insolvency figures remain flat
According to figures released by the Insolvency Service today, the total number of personal insolvencies in the UK fell for the third quarter in a row when compared to the same period last year, after five years of continual increases. However, KPMG predicts that as the effects of the credit crunch trickle down to the individual the number of personal insolvencies will hit record levels by the end of the year.
Restructuring 02 May 2008
Coltrane CLO plc assets auctioned by receivers
The auction of the Coltrane Plc portfolio of leveraged loans took place on 29 April. It is the first time that an auction of a CLO (collateralised loan obligation) in receivership has taken place.
Tax 24 April 2008
KPMG Europe LLP seconds senior tax specialist to new Gulf role
KPMG Europe LLP has seconded a senior international tax partner, Philip Marwood, to a newly created regional role of Head of International Tax Services for Middle East and South Asia (“MESA”), based in the Gulf.
Restructuring 24 April 2008
Ecomold Limited to wind down
Administrators of Ecomold Limited have announced that the remaining business is to be wound down over several months as a suitable buyer has not been found.
Restructuring 21 April 2008
Erinaceous Group Plc (in administration) update
Joint Administrators Jim Tucker and Myles Halley of KPMG LLP are pleased to confirm that they have agreed to sell three of Erinaceous Group Plc’s key businesses to a vehicle owned by Erinaceous’ banks. Following the sale of Erinaceous Insurance Services last week, the sale of the Residential Management division and the Property Maintenance division have been completed today. These deals have helped to protect the jobs of around 1,800 employees.
Restructuring 17 April 2008
Consort Homes Enters Administration
KPMG Administrators were appointed to Yorkshire and Scottish house builder Consort Homes on 16 April 2008.
The directors requested that, Mark Firmin, Richard Fleming and, in Scotland, Blair Nimmo, from KPMG’s Restructuring practice be appointed Joint Administrators over the main companies within the group. They are currently reviewing the options available to the business and intend marketing the business and assets for sale.
KPMG News 16 April 2008
KPMG wins top audit award again
KPMG won the ‘Auditor of the Year’ award in the ‘Big Four’ category at the Real FD/CBI Finance Directors’ Excellence Awards in London last night. KPMG won the award jointly with Ernst & Young. The Awards reflect the views of some 750 finance directors across a range of categories.
Industries 15 April 2008
BRC-KPMG Retail Sales Monitor March 2008
UK retail sales fell 1.6% on a like-for-like basis, compared with March 2007, when sales were up 3.9%. The decline was the worst since July 2005 when cold wet weather hit sales.
Financial Services 14 April 2008
Adoption of Hedge Fund Best Practice Standards Drives Investment
KPMG survey finds investor community strongly in favour of industry standards proposed by the Hedge Fund Working Group*
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