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.