Permira bids for KPMG spin-off Interpath with veteran CEO
Private equity giant Permira, advised by ex-PA Consulting CEO Alan Middleton, vies for Interpath Advisory in a deal potentially worth £900m. Learn about the bidders and the firm's key roles.
Category : Search result: KPMG restructuring
London permanent job vacancies fall for eighth month
Permanent hires in London fell for the eighth consecutive month in November, driven by economic uncertainty. Explore the latest KPMG and REC data on salaries and temporary work trends.
Poundland Announces 14 New Store Closures
Poundland reveals another 14 UK stores will close by February 2026 as part of a major restructuring. See the full list of locations and closure dates here.
Poundland announces 14 new store closures
Poundland reveals a further 14 UK stores will close by early February as part of a major restructuring plan. Find out if your local branch is affected and see the full list of closures.
Poundland Announces 14 More Store Closures
Poundland reveals 14 more stores will close by early February, with clearance sales offering up to 40% off. See the full list of locations and dates.
Victoria to cut 4,000 public service jobs in $2.3bn savings plan
The Victorian government announces a major public sector overhaul, aiming to cut 4,000 jobs and save $2.3bn. Find out which departments are affected and the impact on services.
HSBC Names Brendan Nelson as New Chairman
HSBC appoints Brendan Nelson as chair after a turbulent search. The move follows a major leadership reshuffle and a strategic pivot towards Asia. Read the full story.
Berenberg promotes two in major structural overhaul
German investment bank Berenberg has promoted David Janssens and Christian Gottlob to new roles in a significant restructuring of its operations. Discover the strategic moves behind the reshuffle.
UK 2026 Growth Forecast Slashed to 1% by KPMG
KPMG forecasts UK GDP growth will slow to 1% in 2026, with unemployment rising to 5.2%. Business surveys reveal deepening pessimism across services and manufacturing sectors.
Black Friday footfall down 7.2% amid economic fears
UK high street visits fell sharply on Black Friday as cost of living pressures bite. New data and KPMG report warn weak consumer spending will curb 2026 growth. Read the full analysis.
UK Economy Set to Cool in 2026, KPMG Warns
The UK economy is forecast to slow to 1.0% growth in 2026, with rising unemployment and a stealth tax squeeze hitting household spending. Discover the full economic outlook.
Fears for UK security as Foreign Office scraps conflict unit
MPs warn that abolishing the FCDO's migration and conflict directorate undermines UK security and risks losing vital expertise in global peace-building efforts.
HP cuts 6,000 jobs in AI-driven restructuring
HP announces up to 6,000 job cuts by 2028 as it embraces AI technology. The restructuring aims to save $1bn annually while improving product innovation and customer service.
ABN Amro Announces 5200 Job Cuts Over Three Years
Dutch banking giant ABN Amro reveals plans to cut 15% of workforce in strategic overhaul. Discover how this impacts European banking sector and what's next.
Ovo Energy Axes Hundreds of Jobs Amid Crisis
Struggling energy supplier Ovo prepares to cut several hundred jobs next week as part of urgent restructuring plan to convince regulators and secure £300m investment.
Clifford Chance AI redundancies hit London roles
Magic circle law firm Clifford Chance is making 55 London business services roles redundant, citing AI adoption and work moving to hubs. Read the full analysis.
Deutsche Bank Targets €2bn Cost Savings in New Strategy
Deutsche Bank CEO Christian Sewing announces ambitious turnaround plan targeting €2.5bn profit and €2bn cost savings by 2025, declaring the bank is 'fully back' after years of restructuring.
Castle Water bids £1bn extra for Thames Water rescue
Castle Water proposes additional £1bn cash injection for Thames Water, criticising current restructuring plans as inadequate for solving pollution crisis. Read the latest developments.
Interpath Advisory set for £900m sale
HIG Europe launches £900m sale of Interpath Advisory, the restructuring firm advising Sir Jim Ratcliffe on Manchester United cost-cutting. Discover the key bidders and timeline.
Morrisons Closes 103 Stores, Cafes and Counters
Morrisons announces the closure of 103 stores, cafes, and counters across the UK as part of a major restructuring plan. Find out the full list of locations affected.
Poundland closes eight more stores before Christmas
Poundland is set to close over a dozen UK stores, including eight this month, as part of a major restructuring plan. The chain is also axing its online service and loyalty programme.
NHS to cut 18,000 jobs in major England reorganisation
Major NHS restructuring in England will see 18,000 roles cut. Ministers promise £1bn savings for frontline care, while unions warn of expertise loss and service disruption.
ABF considers spinning off Primark in major shakeup
Associated British Foods explores separating Primark from its food empire in strategic review that could reshape UK retail landscape and unlock billions in value.
HG Unveils Leadership Succession Plan in Strategic Overhaul
London-based financial consultancy HG announces major succession plan with founder Neil McArthur passing the baton to new leadership team in strategic overhaul.
AI Expert: Stop Letting Machines Speak For You
Automation architect Raihan Islam responds to shocking KPMG report, revealing why businesses must maintain human voice in AI communications or risk losing customer trust and authenticity.
Salesforce UK profits surge 82% despite job cuts
Tech giant Salesforce sees UK profits surge by 82% to £52.6 million while implementing significant workforce reductions and strategic restructuring across its British operations.
Andrew Stripped of Prince Title in Royal Shake-Up
In a stunning constitutional shift, Prince Andrew has been formally stripped of his princely status and military affiliations. Discover the inside story behind this unprecedented royal restructuring and what it means for the monarchy's future.
WPP job cuts as CEO condemns 'unacceptable' performance
Advertising giant WPP faces significant restructuring with hundreds of roles at risk after new CEO Mark Read condemns company's disappointing financial results and promises radical transformation.
CBS News Announces Major Staff Cuts in Restructuring
CBS News is undergoing significant workforce reductions as parent company Paramount Global implements sweeping cost-cutting measures, affecting both on-air talent and production staff across multiple divisions.
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