KPMG hit with £250m lawsuit over botched Carillion audits

KPMG hit with £250m lawsuit over botched audits of collapsed construction giant Carillion By Daily Mail City & Finance Reporter Published: 21:50 BST, 19 May 2021 | Updated: 21:50 BST, 19 May 2021 KPMG faces a £250million lawsuit over its botched audits of collapsed construction giant Carillion. The Big Four accountant gave the firm a … Read more

KPMG to SPLIT roles of boss who was forced to quit over video telling ‘woke’ staff they are ‘lucky’

KPMG to SPLIT the roles of boss who was forced to quit over video telling well-paid ‘woke’ staff they are ‘lucky’ and should stop moaning during pandemic Bill Michael stepped down after telling staff to ‘stop moaning,’ during pandemic  Auditing giant KPMG says it was splitting the roles of chair and chief executive  Mr Michael … Read more

RUTH SUNDERLAND: KPMG boss must be champion of diversity

RUTH SUNDERLAND: KPMG boss had to go – if you take job of senior partner at Big Four audit firm, you sign up to be a champion of diversity The views Bill Michael expressed are incompatible with leading a top accountancy firm For a multi-millionaire chief to tell his staff to ‘stop moaning’ about coronavirus … Read more

KPMG boss QUITS after video showed him telling well-paid staff they are ‘lucky’

The boss of KPMG who told his well-paid staff to ‘stop moaning’ about cuts to their pay and that unconscious bias is ‘complete c**p’ has resigned. Bill Michael will leave the top City firm at the end of the month following the uproar sparked by his comments on a Zoom call on Monday. A recording … Read more

KPMG boss steps aside amid probe into incendiary comments at a virtual meeting

KPMG boss steps aside amid probe into incendiary comments at a virtual meeting By Daily Mail City & Finance Reporter Published: 21:51 GMT, 10 February 2021 | Updated: 21:51 GMT, 10 February 2021 The UK chairman of accounting giant KPMG dramatically stepped aside last night as a probe was launched into his incendiary comments at … Read more

KPMG bosses forced to take an 11% cut as pandemic squeezes profits

KPMG bosses forced to take an 11% cut as pandemic squeezes profits but average pay is still £572,000 By Daily Mail City & Finance Reporter Published: 21:50 GMT, 3 February 2021 | Updated: 21:50 GMT, 3 February 2021 KPMG’S 582 partners in the UK were forced to take an 11 per cent pandemic pay cut … Read more

The Queen pays virtual visit to KPMG for their 150th anniversary

The Queen was serenaded by the staff choir at KPMG on Monday as she paid a virtual visit to the company to mark their 150th anniversary. Her Majesty, 94, heard the personal stories of four employees who joined the video call from locations across the UK.  As part of the celebrations, the Big Four firm’s choir … Read more

ITV, KPMG and Diageo are among 20 top firms in race pledge

ITV, KPMG and Diageo are among 20 top firms pledging to have at least one ethnic-minority director on their boards by 2024 By Daily Mail City & Finance Reporter Published: 00:02 GMT, 26 October 2020 | Updated: 00:02 GMT, 26 October 2020 ITV, KPMG and Diageo are among 20 top firms pledging to have at … Read more

KPMG comes under fire in Carillion audit probe

Watchdog indicates rule breaches over collapse: KPMG under fire in Carillion audit probe By Matt Oliver For The Daily Mail Published: 22:01 BST, 21 September 2020 | Updated: 22:01 BST, 21 September 2020 KPMG is in the firing line again after regulators delivered a critical report on its audits of Carillion before the construction group’s … Read more

Struggling test and trace programme now forced to bring in super-management consultants from KPMG

Struggling test and trace programme now forced to bring in super-management consultants from KPMG to try and get back on track Government is preparing to draft in a new team to bolster the £10billion scheme  Consultants are expected to start within 72 hours and remain for six months It comes as Boris Johnson sounded Covid … Read more