Archives

April 11, 2025 @ 7:53 am By Omar Faridi  |  

The latest KPMG and REC UK Report on Jobs survey, compiled by S&P Global, indicated that hiring activity across the UK fell again in March. Recruiters reported that weaker confidence “around the economic outlook, tighter client budgets and fewer job openings led to notable falls… Read More

March 30, 2025 @ 7:57 pm By Omar Faridi  |  

Three in five people say that the UK economy is worsening, leading even consumers feeling financially secure to cut back on spending, according to the latest quarterly Consumer Pulse survey from KPMG in the UK. The number of people feeling that the UK economy is… Read More

March 11, 2025 @ 10:07 pm By Omar Faridi  |  

Singapore has long cemented its role as a global financial hub, known for its stability, innovation, and strategic positioning in Asia. This, according to an update from KPMG. However, challenges such as relatively low market liquidity and intensifying regional competition have prompted a proactive response… Read More

March 11, 2025 @ 8:05 am By Omar Faridi  |  

The overall interest in digital assets continues to surge, with many investors increasingly allocating substantial portions of their investment portfolios to cryptocurrencies, undeterred by an evolving regulatory landscape. This, according to a report from KPMG. This resilience is examined in a research study conducted by… Read More

March 10, 2025 @ 8:51 am By Omar Faridi  |  

UK labor market conditions continued to weaken midway through the first quarter of 2025, according to the latest KPMG and REC UK Report on Jobs survey, compiled by S&P Global. While declines in both permanent placements and temp billings eased, they remained “marked overall as… Read More

March 7, 2025 @ 9:15 am By Omar Faridi  |  

Karim Haji, Global and UK Head of Financial Services at KPMG, comments on the Money and Credit statistical release from the Bank of England. Karim Haji from KPMG noted that the sharp rise in borrowing suggests that many households “struggled to stretch disposable incomes between Christmas… Read More

March 2, 2025 @ 5:23 pm By Omar Faridi  |  

Singapore’s fintech sector “recalibrated” in 2024, with investment totaling $1.3 billion, the lowest level seen since 2020 according to a report from KPMG. This strategic pivot reflects a global trend “as fintech investment reached a seven-year low of US$95.6 billion.” Despite reduced funding levels, Singapore’s… Read More

February 25, 2025 @ 7:28 pm By Omar Faridi  |  

The fintech market remains under pressure, according to a report from KPMG which noted that in 2024, global fintech investments “fell to USD 95.6 billion – a level last seen in 2017.” As noted in the research report from KPMG, geopolitical conflicts and an uncertain… Read More

February 20, 2025 @ 8:17 am By Omar Faridi  |  

Total UK fintech investment has reportedly declined to $9.9 billion in 2024, down a considerable 27% from $13.6 billion in 2023, according to KPMG’s Pulse of Fintech, a comprehensive report on fintech investment trends. KPMG noted in the research report that geopolitical uncertainty, high levels… Read More

February 11, 2025 @ 11:22 pm By Omar Faridi  |  

A recent survey of German companies operating in Central and Eastern Europe (CEE) reveals that the region is expected to become increasingly important as a market and investment location. More than half of the companies surveyed (55%) anticipate that the economic relevance of the region… Read More

February 4, 2025 @ 7:59 am By Omar Faridi  |  

Total private equity investment activity in the UK rose by 4.4% in 2024, with deal values increasing to their “highest level for two years,” according to the  UK Private Equity Review from KPMG UK. This increase was as a result of a more “stable economic… Read More

January 28, 2025 @ 8:30 pm By Omar Faridi  |  

KPMG in India and The Hashgraph Group (THG), a Swiss-based international business, venture capital, and tech company operating within the Hedera ecosystem, announced an alliance. The alliance is expected to see KPMG in India and The Hashgraph Group AG (THG) collaborating to “enable and advance blockchain… Read More

January 21, 2025 @ 8:06 am By Omar Faridi  |  

In 2024, VC investment in Ireland remained stable despite the challenging funding environment. According to the KPMG Venture Pulse report, VC investment picked up in Q4, with “29 deals closing in the quarter worth $255.16 million, compared to 26 deals worth $174.76 million for the… Read More

January 17, 2025 @ 10:26 am By Omar Faridi  |  

Yael Selfin, Chief Economist at KPMG UK noted that the UK economy emerges from downturn while “risks of further headwinds rise.” Yael Selfin from KPMG also mentioned the UK GDP returned to growth after two consecutive months of decline, with “growth potentially accelerating in 2025.” They… Read More

January 8, 2025 @ 3:50 pm By Omar Faridi  |  

As the UK looks ahead to more growth in 2025, the year may potentially bring renewed challenges from a relatively higher pace of inflation, increased trade frictions, and a “heightened state of economic uncertainty.” This, according to an update from KPMG. The ultimate impact will… Read More

January 6, 2025 @ 8:53 pm By Omar Faridi  |  

Digital transformation, and use of emerging technologies like AI are the key issues Australian business professionals will focus on during 2025 and beyond, KPMG’s annual Keeping Us Up At Night survey finds. Concerns over the slowing economy, and cost of living are also prominent, the… Read More

December 23, 2024 @ 6:56 am By Omar Faridi  |  

KPMG in Germany and Merantix have entered a strategic partnership to accelerate innovation and capitalize on the growing adoption of artificial intelligence across the German and European market. The collab is anchored by KPMG’s investment in Merantix Capital’s AI Fund, which invests in and builds… Read More

December 18, 2024 @ 8:57 am By Omar Faridi  |  

KPMG UK has commented on the recently released UK GDP data. Yael Selfin, Chief Economist at KPMG UK, noted: “GDP growth stalls amid growing uncertainty. GDP growth remained disappointing, showing no progress for five consecutive months, due to weaker activity across a broad swathe of the… Read More

December 14, 2024 @ 1:22 pm By Omar Faridi  |  

Ireland’s Research, Development & Innovation (RDI) sector continues to drive growth and employment, but without funding it risks dependence on foreign technology and diminishing competitiveness, according to the Ireland’s Innovation Index Pulse Survey, which surveyed more than 500 Irish firms. IRDG and KPMG conducted Ireland’s… Read More

December 10, 2024 @ 5:02 pm By Omar Faridi  |  

For the second year in a row, the Australian fintech landscape has seen a decline in the number of independent active fintech firms headquartered in Australia, with “a 7% fall between the 2023 and 2024” according to the KPMG Fintech Landscape. As foreshadowed in KPOM’s… Read More