Tag Archives: KPMG

In the opening quarter of 2020, the UK’s tech sector suffered its worst performance since 2009’s global financial crisis, according to KPMG’s quarterly survey of UK technology companies. The report shows that the COVID-19 pandemic has led to a swift decline in non-essential spending. Business activity across the tech sector …

The UK tech sector  has seen its weakest performance since Q2 2012, according to KPMG’s quarterly survey. Measuring the strength of business activity across UK technology sector companies, KPMG found that the sector’s performance  was “in limbo”, with staff hiring declining and new business activity flat-lining. UK tech companies reported …

The latest KPMG research has found that over half of British consumers (55%) say they would be less likely to use an online retailer over the Black Friday and Cyber Monday weekend if they knew it had been previously hacked and/or suffered a data breach. Comparatively, female consumers demonstrated a …

Business confidence, growth and sales volumes are in decline, according to KPMG’s quarterly survey measuring the strength of business activity across UK technology sector companies. The latest survey reveals a downturn in new work across the tech sector for the first time since the middle of 2012, due to softer …

 LzLabs has announced an alliance agreement with KPMG UK to offer advisory, risk, deal consultancy and other services to UK customers seeking to modernise legacy IT. The alliance will enable KPMG and LzLabs to help businesses better understand, plan and deliver such projects, specifically positioning KPMG’s advisory capabilities and LzLabs …

The UK tech sector marked seven years of continuous business activity expansion in Q2 2019, but, according to KPMG’s latest UK Tech Monitor Index, there are now signs that “subdued domestic economic conditions” have started to hold back growth. The Index, which measures the strength of business activity across the …

The latest KPMG-BRC Retail Sales Monitor has reported the biggest decline in UK retail sales since records began in January 1995. Covering the four weeks from 28th April to 25th May 2019, the report shows that on a total basis, sales decreased by 2.7% in May. Excluding Easter distortions, this …

Throughout March, UK retail sales decreased by 1.1% compared to the same period in 2018. That’s according to the BRC – KPMG Retail Sales Monitor for the month, which also showed that over the three months to March, in-store sales of non-food items declined 1.5% on a total basis and …

Optimism in the UK tech sector dropped to a 10-year low in Q1, despite business activity growth recovering to its fastest pace since Q2 of last year. According to the latest quarterly survey by KPMG, the sector – which includes technology software and services providers, and technology equipment manufacturers – …

KPMG’s latest report says Brexit-related uncertainty has caused client spending to slow down.