The pandemic revolutionised the Irish retail landscape in many ways and accelerated the growth in online shopping faster than anyone would have predicted. So, what does retail need to do to thrive, does their future depend on how they engage with the customer, and will the physical store survive? Keith Watt, Head of Retail & […]
The emergence of cryptocurrencies as an investment class may present an opportunity despite the regulation associated with this relatively nascent asset class and related technologies. In particular, the emergence of cryptocurrencies presents valuable lessons for the EU for increasing participation in capital markets and would benefit from further studies to examine if
The 2023 budget should include measures to help in future-proofing Ireland’s economy, says KPMG Ireland in its pre-budget submission. Specifically, it should aim to reduce the impact of inflation through income tax indexation, retain Ireland’s FDI competitiveness via personal tax reform, support our SME sector by reforming KEEP and EIIS and use our tax system […]
Over the past 30 years, Ireland has developed a significant asset management industry on the international stage with €6.6bn in total assets under management and over 8k Irish domiciled funds as of December 2021. In the KPMG Ireland report, they take stock of the industry, identify key emerging trends and outline what it means for […]
The current Department of Finance review of the KEEP provides a welcome opportunity to reinvigorate a scheme which has not delivered as intended for Irish SMEs. A more flexible scheme is needed to help level the playing field for smaller domestic businesses struggling to attract and retain key workers and who cannot match the salaries […]
The rising cost of living means consumers are rethinking their spending habits with hospitality and clothing the focus of purchasing cutbacks, writes Keith Watt, Head of Retail at KPMG Ireland. KPMG’s latest independent retail survey shows that more than 4 in 5 (84 percent) of consumers have already started tightening their belts when it comes […]
Conor Holland, ESG Director at KPMG Ireland, explains how the EU’s Business Sustainability Reporting Directive will lead to fundamental change in corporate reporting. Without doubt, the European Union Corporate Sustainability Reporting Directive (CSRD) represents the biggest single transformation in corporate reporting in the last 25 years. In a change akin to the
KPMG has published its Venture Pulse Q1’22 report, tracking venture capital (VC) investment activity around the world. The figures show that Irish companies raised $401 million in venture capital investment across 25 deals in the first quarter of 2022 – the highest value of investment ever recorded in a first quarter. The strong start to […]
With an expected doubling of electricity demand by 2030, renewable energy is the key to ensuring the decarbonisation of the energy and electricity sector in Ireland, says Laragh Musselwhite, Analyst at KPMG Sustainable Futures. Decarbonisation of the Irish electricity system has been one of Ireland’s real success stories. Emissions from electricity generation in Ireland
Irish consumers have shown strong support for local produce, with 70% deeming buying Irish made / produced food as either ‘quite’ or ‘very’ important. Similarly, 61% consider the provenance of the food product to be an important factor when shopping. This is according to new Red C research, commissioned by KPMG, into Irish consumers food […]
The principles of asset management are key to making the necessary investment decisions to transition to sustainable infrastructure but changes from traditional to whole life costing approaches and agility to cope with short- and long-term changes are needed, writes Matthew King, Head of Infrastructure Asset Management, Director Infrastructure and Government at KPMG