Global Scans · KPMG · Weekly Summary

• [New] The full year outlook has deteriorated sharply: the OECD has cut its UK growth forecast from 1.3% to 0.8%, and KPMG now projects 0.7%. Capitalise
• [New] A further KPMG projection places the EU's full circular potential as high as 104 billion euros by 2030 if regulatory levers such as Extended Producer Responsibility, the Digital Product Passport and a harmonised circular VAT are applied. The Silent Luxury
• [New] (KPMG) 64% of accounting firms plan to invest in or upgrade AI systems in 2026, up from 57% in 2024. ReceiptsAI
• Wisor says it's broadly expected that, under SB 315, AI labs could use the Big Four accounting and auditing firms-Deloitte, EY, KPMG, and PwC - to audit their safety practices. Wired
• KPMG anticipates Eurozone GDP to advance by 0.9% in 2026 and 1.2% in 2027, broadly in line with the UK's trajectory. Crowdfund Insider
• Amid ongoing Canada-U.S. trade talks, 88% of Canadian business leaders say that the greatest risk to their company would be to lose their current protections under the Canada-U.S.-Mexico Agreement, finds a new KPMG survey. KPMG
• The Big Four - Deloitte, EY, KPMG and PwC - have traditionally hired junior staff to perform administrative tasks, a process that could be affected by AI tools delivering services directly to clients, without the need for additional human involvement. Bizclik Media Ltd
• Convenience was the most commonly selected factor in supermarket choice, while KPMG reported that more than 55% of consumers now expect same-day delivery as standard and 85% blend online and in-store shopping. Consult Group
• Over the next three years, KPMG UK will work with FareShare to turn surplus food into social change and strengthen communities across the UK. KPMG
• The KPMG framework further underscores that leaders should plan for volatility as a standard condition, not a temporary anomaly, and that performance metrics will increasingly reflect decision quality, adaptability, and value realization rather than traditional cost-centric measures alone. Michelin Key Hotels

Last updated: 21 June 2026