Will Hawkley, Head of Leisure for KPMG in the UK, comments on the confirmation by the Chancellor in today’s Autumn.
Will Hawkley, Head of Leisure for KPMG in the UK, comments on the confirmation by the Chancellor in today’s Autumn Statement that additional funding will be provided in order to host global sporting events, such as the Rugby League World Cup and the Cycling Road World Championships, in the UK.
Will said: “With the difficulties facing the leisure sector currently we must look for any glimmers of hope on the horizon, and this funding for major sports events will drive inbound tourism and spend to the UK which provides positive, if not short lived, uplifts as we saw with last year’s Rugby World Cup. A fuller calendar of high profile sporting events will help leisure operators to smooth out the peaks and troughs of activity currently experienced in the sector.”
Follow us on twitter: @kpmguk #AS2016
For further information please contact:
Angela Pink, KPMG Corporate Communications
T: +44 (0) 20 7694 2679
M: +44 (0) 7500 100257
T: +44 (0) 207 694 8773
KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 12,000 partners and staff. The UK firm recorded a revenue of £1.96 billion in the year ended September 2015. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 155 countries and has 174,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.