Tag: KPMG

Online shoppers prefer Paypal to credit cards

Online shoppers prefer Paypal to credit cards

Paypal is now more popular than credit cards as the preferred method of payment for online shopping according to a global survey by financial advisory firm KPMG. According to KPMG’s “The Converged Lifestyle” report, consumers worldwide are rapidly adopting new technologies and Paypal is reaping much of the benefit. The study looked at the online [...]

December 7, 2011 | 0 Comments More
BRC: High Street remains under pressure

BRC: High Street remains under pressure

The British Retail Consortium (BRC) has today announced retail sales saw a slight improvement in September According to the BRC/KPMG retail sales monitor, like-for-like sales (which exclude the impact of sales at new stores) rose 0.3% on an annual basis. However, clothing sales suffered while demand for big-ticket items remained weak due to fragile consumer [...]

October 11, 2011 More
Two separate surveys reveal more economic gloom

Two separate surveys reveal more economic gloom

A survey from BDO, published today, has revealed a fall in business confidence, while a separate survey has revealed employers plan to axe jobs in the third quarter. According to the Business Trends optimism index from accountants BDO, business confidence fell to 95.1 in July from 95.6 the previous month – the lowest level for [...]

August 15, 2011 | 0 Comments More
BRC: Retail sales down 0.6% in June

BRC: Retail sales down 0.6% in June

Retail sales fell in June as households continue to be squeezed by higher inflation and rising unemployment. According to the British Retail Consortium (BRC)/KPMG retail sales monitor, sales fell by 0.6% on an underlying basis last month, while total sales (including VAT) rose 1.5%. Food sales growth eased a little last month but a strong [...]

July 12, 2011 | 0 Comments More
BRC: Retail sales fall sharply in March

BRC: Retail sales fall sharply in March

Retail sales fell sharply last month – providing further evidence of a fragile economic recovery. According to the British Retail Consortium (BRC)/KPMG retail sales monitor, total sales fell by 1.9% on an annual basis - the worst fall since the series started in 1995. The trade body attributed the fall to the ongoing squeeze on [...]

April 12, 2011 | 0 Comments More
Job market growth sees improvement in February

Job market growth sees improvement in February

A report by the Recruitment and Employment Confederation (REC) and KPMG has revealed employment for both temporary and permanent workers rose during February. The survey of 400 recruitment consultancies showed permanent staff vacancies rising at their fastest level in 10 months, while demand for temporary staff saw its biggest rise since May 2007. The permanent [...]

March 9, 2011 | 0 Comments More
BRC: Retail sales down in February

BRC: Retail sales down in February

Retail sales fell last month - providing further evidence of a fragile economic recovery. According to the British Retail Consortium (BRC)/KPMG retail sales monitor, like-for-like sales fell 0.4% in February on an annual basis after a 2.3% rise in January. The trade body attributed the fall to the ongoing squeeze on household incomes as fears [...]

March 8, 2011 | 0 Comments More
BRC: Retail sales recover in January

BRC: Retail sales recover in January

Retail sales recovered in January after the heavy snowfall in December knocked sales. According to the British Retail Consortium (BRC)/KPMG retail sales monitor, like-for-like retail sales grew by 2.3% in January on an annual basis - the best showing since March 2010. Total sales increased 4.2%, up from 1.5% in December. However, the BRC highlights [...]

February 8, 2011 | 0 Comments More
REC survey reveals demand for new staff is strong

REC survey reveals demand for new staff is strong

A report by the Recruitment and Employment Confederation (REC) and KPMG has revealed employment for both temporary and permanent workers rose during December. The survey of 400 recruitment consultancies showed permanent staff vacancies rising at their fastest level in four months, while demand for temporary staff saw its biggest rise in six months. However, the [...]

January 12, 2011 | 0 Comments More
BRC reports 0.3% fall in December retail sales

BRC reports 0.3% fall in December retail sales

The heavy snowfall which gripped most of the country last month was expected to impact negatively on retail sales. However, retail sales fell just 0.3% on a like-for-like basis, according to the British Retail Consortium (BRC)/KPMG retail sales monitor. However, total sales rose 1.5% against 6% growth the previous year - a sharp drop but [...]

January 11, 2011 | 0 Comments More
REC survey reveals pick up in UK job market

REC survey reveals pick up in UK job market

A report by the Recruitment and Employment Confederation (REC) and KPMG has revealed employment for both temporary and permanent workers rose during November. The survey of 400 recruitment consultancies showed job appointments grew at their fastest pace in three months. The permanent staff placements index surged to 55.2 in November, from to 52.6 the previous [...]

December 8, 2010 | 0 Comments More
Holiday firm Pontin’s goes into administration

Holiday firm Pontin’s goes into administration

November 14, 2010 | 0 Comments More
Job market growth continues to weaken

Job market growth continues to weaken

A report by the Recruitment and Employment Confederation (REC) and KPMG has raised further fears over the strength of the UK job market. The survey of 400 recruitment consultancies showed job appointments grew at their slowest rate in 14 months in October. The permanent staff placements index dipped to 52.6 in October from 54.6 the [...]

November 3, 2010 | 0 Comments More
Retail sales growth slows in September

Retail sales growth slows in September

There is worrying news for the economy today after the British Retail Consortium (BRC) said retail sales growth eased in September. The BRC said consumers are holding off purchasing big-ticket items as they prepare themselves for massive spending cuts, introduced by the Government to slash the budget deficit. Many reports have suggested economic growth will [...]

October 12, 2010 | 0 Comments More
Report suggests weakening in UK jobs market

Report suggests weakening in UK jobs market

The latest report from the Recruitment and Employment Confederation (REC) and KPMG has suggested that the UK jobs market is continuing to weaken as Government spending cuts are having a major impact on employment. The permanent placement index dipped to 54.6 in September, down from 56.3 the previous month. Meanwhile, the temporary and contract staff [...]

October 6, 2010 | 0 Comments More
Job market growth slows in August

Job market growth slows in August

A report by the Recruitment and Employment Confederation (REC) and KPMG has raised fears over the strength of the UK job market. The survey of 400 recruitment consultancies showed job appointments grew at their slowest rate since October 2009 last month. Kevin Green, chief executive of the REC, comments: “We are concerned about the UK [...]

September 8, 2010 | 0 Comments More
Sharp rise in mortgage fraud

Sharp rise in mortgage fraud

UK mortgage fraud rose sharply in the first half of 2010, according to KPMG. The accountancy firm’s “fraud barometer” registered 21 cases in the six months to the end of June, compared with 18 in the same period of 2009. More alarmingly, the value of the fraud rose to £96 million, up from £24 million [...]

August 10, 2010 | 0 Comments More
Survey reveals employment continues to grow in private sector

Survey reveals employment continues to grow in private sector

A report by the Recruitment and Employment Confederation (REC) and KPMG has revealed staff appointments in the private sector grew in June, albeit at the slowest rate for five months. The survey, which questions 400 recruitment firms, showed a strong rise in permanent staff placements, with engineering and construction growing. Commenting on the data, Rec’s [...]

July 7, 2010 | 0 Comments More
UK retail sales up in May

UK retail sales up in May

The British Retail Consortium (BRC) has today reported a rise in UK retail sales for the month of May. The Consortium said sales were boosted by the warm weather, as well a high demand for clothing. Furthermore, the forthcoming World Cup tournament boosted television sales, while non-food non-store sales surged 21.9% - the strongest performance [...]

June 8, 2010 | 0 Comments More
UK retail sales see sharp fall in April

UK retail sales see sharp fall in April

The British Retail Consortium (BRC) has today reported a sharp fall in UK retail sales for the month of April. According to the BRC, the total value of sales fell by 0.2% in April on an annual basis, while the like-for-like drop was 2.3% - the steepest fall since December 2008. However, the figures suggest [...]

May 11, 2010 | 0 Comments More