KPMG | Global news | Economy

An overview of KPMG global news:

Australia

Will Taylor Swift’s Australia tour really add a billion dollars? According to some experts, Taylor Swift’s presence in Australia could be worth north of a billion dollars to the national economy, however KPMG’s Brendan Rynne says the reality is much much lower.
22 February 2024
United Kingdom

Labour market cools heading into 2024 UK companies remain reluctant to hire new staff, amid muted economic growth.
11 January 2024
United Kingdom

UK consumers continue to cut spending for 2024 While the narrative around the UK economy has bordered on optimism in recent months – with stats suggesting wage growth is finally outpacing inflation – consumers are feel they are less secure than t
08 January 2024
United Kingdom

KPMG claims generative AI could boost UK by £31 billion The hype surrounding generative AI continues to grow. According to a new study from KPMG, the technology could raise UK productivity enough to realise a £31 billion economic boost.
19 July 2023
Saudi Arabia

Majority of Saudi CEOs confident about KSA's future growth Most CEOs in Saudi Arabia feel positive about the country's economy in the next three years, despite challenges like inflation and geopolitical tensions.
06 July 2023
United Kingdom

Utility price hikes sees consumers further scale back spending The growth of the UK economy looks set to come under further pressure in the coming months, as consumers further scale back their purchases in 2023.
10 April 2023
United Kingdom

Consulting firms maintain 'cautious optimism' on 2023 M&A market Following a record year, the 12 months of 2022 saw a fall in the volume and value of M&A activity.
21 February 2023
United Kingdom

UK heads for unhappy New Year of -1.3% growth The global economy spent the duration of 2022 teetering on the brink of recession – and the UK looks to have finally fallen into one.
03 January 2023
United States

KPMG hires Diane Swonk as chief economist KPMG US has hired Diane Swonk, a prominent macroeconomist with expertise in labor markets and monetary policy, as managing director and chief economist.
28 July 2022
United Kingdom

UK economic growth slows to crawl for 2023 With stagnant wages and record high inflation crippling consumer spending power in the UK, GDP growth is expected to crawl almost to a halt in 2023.
30 June 2022
United Arab Emirates

Economic rebound and government action drives CEO confidence in UAE The confidence of UAE-based CEOs in the economy has returned to pre-pandemic levels, according to the latest CEO Outlook study from KPMG.
15 December 2021
United States

US CEOs remain confident despite pandemic challenges US chief executive officers remain fairly optimistic despite the wide-ranging negative impacts of the global pandemic, according to KPMG’s annual CEO Outlook survey.
10 September 2020
Australia

Chinese-origin Australian entrepreneurs bring notable economic value A new report reveals that locally established Chinese entrepreneurs in Australia are strong contributors to the economy, generating steady revenues and acting as a bridge between the two economies.
06 September 2020
India

The new Indian consumer emerging from the Covid-19 crisis KPMG reports that a new Indian consumer is emerging from the Covid-19 crisis – one that is optimistic, tech savvy and open to a cashless economy.
10 August 2020
Lebanon

Lebanon calls in trio of leading management consulting firms The Lebanese government has hired a trio of leading management consulting firms to audit the country’s embattled central bank.
22 July 2020
Australia

Seven ways how consumer behaviour is changing for good Looking beyond the current Covid-19 pandemic and economic crisis, seven trends in consumer behaviour are here to stay.
06 July 2020
Australia

Chinese investments into Australia at lowest point in decade Chinese investment into Australia declined for the third year in a row last year, marking the lowest level of investment since 2008 according to KPMG.
15 June 2020
Australia

Five key growth sectors for Australian businesses in India By 2050, India is expected to be the world’s second largest economy behind China, providing Australian businesses and tertiary institutions with a wealth of growth opportunities.
09 June 2020
India

Seven consultancies to help develop India's economic recovery plan Invest India – a public-private partnership aimed at promoting investments across the Indian economy – has roped in a set of major consulting firms to devise a recovery strategy for after the Covid-1
08 May 2020
Australia

What is the impact of the Coronavirus on Australia's economy? The Coronavirus, known as Covid-19, is having a significant negative impact on the global economy.
17 March 2020
Nigeria

KPMG executive on the challenges ahead for Nigeria's economy At the latest Nigerian-South Africa Chamber of Commerce (NACC) breakfast meeting, Associate Director for Strategy & Economics at management consultancy KPMG Nigeria Olusegun Zaccheaus has listed seve
06 March 2020
Singapore

Big Four release their wish-lists for Singapore Budget 2020: KPMG This year’s Singapore budget is just around the corner, and the Big Four have released their wish-lists in advance. Consultancy.asia highlights one areas of each firm’s input in a four-part series.
14 February 2020
United Kingdom

Fifth of UK businesses under pressure financially Around one-fifth of businesses in the UK are under financial pressure, according to a new report.
11 February 2020
Saudi Arabia

Saudi Arabia's commitment to BEPS will shore up investor confidence Wadiah Abu Nasr, Head of Tax for Saudi Arabia and the Levant region at KPMG, reflects on how Saudi Arabia’s commitment to BEPS will shore up (international) investor confidence.
10 February 2020
India

Nearly 90 million Indians could be connected on 5G by 2025 Although it has been slow on the uptake across the globe so far, 5G technology is set to pick up momentum in the Indian market over the next few years, reaching nearly 90 million connections by 2025
21 October 2019
Australia

Closing Australia's gender gap adds billions to economy Analysis from Big Four accounting and advisory firm KPMG has revealed that the economic value of a more balanced workforce in Australia could translate into an economic benefit of approximately $60 b
09 September 2019
India

Indian CEOs confident about growth and eyeing global markets Despite being encouraged by the promising economic scenario in the domestic market, CEO’s in the country are aware of the instability in the global economy.
19 August 2019
Middle East

UAE on the up in global KPMG economic growth prospects index The United Arab Emirates has improved its ranking in KPMG’s annual growth indicators report, closing in on the top 20 countries worldwide.
29 July 2019
United Kingdom

KPMG suggests new technology could triple UK trade by 2050 The proponents of Brexit have insisted for years now that Britain’s technology offering is the key to a thriving post-EU economy.
25 July 2019
Australia

CEOs in Australia display a positive approach to changes in economy CEOs in Australia appear to be relatively unphased by the economic uncertainty currently prevalent in the economy, as most appear to be optimistic about their growth prospects in the near future.
01 July 2019
Africa

Operational risks are more of a challenge than digitalisation in East Africa While CEO’s in East Africa share the optimism of CEOs across the world, their concerns are vastly different from their global counterparts, according to a new report from Big Four accounting and advi
10 June 2019
Australia

Chinese investment into Australia plunges to eight-year low Chinese investment into Australia plunged to US$6.2 billion last year according to the latest KPMG analysis, down by more than 35 percent to an eight-year low.
09 April 2019

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