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Blacks Leisure set for deal to escape administration

...administration in recent months. Both the British Property Federation and KPMG, which is helping to restructure the company, said on Sunday...landlords, in a vote on the terms of a CVA on Monday.Richard Fleming, KPMG's UK head of restructuring, described the move as a "commercial...

KPMG rushes to sell Lehman's China property

...commercial real-estate values in Shanghai.KPMG revealed on Wednesday that it had disposed...markets successfully.Michael Lindsay, the KPMG partner in charge of the disposals, told...Lindsay, the global head of real estate at KPMG's corporate finance arm, is on secondment...

KPMG sweetens flexible work offer

KPMG has softened the terms of a new cost-cutting flexible working...only to struggle to cope when the economic recovery arrived.KPMG's rivals - Ernst & Young, PwC and Deloitte - are considering similar packages and are watching the progress of KPMG's offer carefully.So far, only about a third of KPMG staff...

KPMG offers staff sabbaticals or shorter hours

KPMG has asked its staff to sign up to a new programme that could...freezes led to a shortage of staff when the economy picked up.KPMG staff have been asked to sign up to one of two packages...run until September 2010.Rachel Campbell, head of People at KPMG, said: "It's clear the next 18 months are going to be a challenging...

New Century liquidators sue KPMG for $1bn

KPMG is being sued for $1bn by the liquidators of New Century...Wednesday, lawyers for New Century's liquidators claimed that KPMG "assisted in the misstatements and certified the materially...misleading financial statements" filed by the lender. They claim KPMG was responsible for its collapse because it allowed the lender...

KPMG staff sign up to flexible working

More than two-thirds of KPMG staff have signed up to ground-breaking...pay.The deal is being watched closely by KPMG's big four rivals - Deloitte, PwC and...Richard Bennison, chief operating officer at KPMG. "Our people trust us to implement this...

Johnston Press hires KPMG to restructure debt

...Press, the struggling regional newspaper business, has called in KPMG to help it restructure the group's £450m debt burden, the company...the chief executive of Johnston Press, said the company engaged KPMG "in the last couple of weeks" to help it explore its options...

Blacks places Sandcity into administration

...that it would breach its banking covenants.The company appointed KPMG, the accountancy group, as administrators to the business that...Sandcity is no longer in a position to trade as a going concern."KPMG said it would continue to look for a potential purchaser, and...

Banking start-ups put off by regulation

...deposit-taking might be a source of new funds in tighter credit markets.KPMG's banking advisory unit is in discussions with 12 entities, including...with four or five companies in 2007, said Giles Adams, head of KPMG's prudential regulatory team.PwC's regulatory practice is also...

Recruitment drives take talent from wide pool

...community volunteer, study accounting and finance, and earn a first class degree.Sara Reading, head of graduate recruitment at KPMG, a sponsor of Leading London, says finding people who excel "both on and off campus" is an important part of the scheme. Overcoming...

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