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Redundancies loom for KPMG deals teams

KPMG is to let go of more of its consultants in the UK, as a dearth of dealmaking continues to sap demand for its services.

The Big Four accounting group confirmed that about 110 people in its deal advisory teams were facing redundancy – about 6% of its near 1,700-strong UK deals practice.

KPMG has 20 office locations in the UK, with its head office at 15 Canada Square in Canary Wharf, E14.

The Times (£)

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