The Big Four firm is teaming up with the Corporation of London, both of which have pledged £1m towards the costs of the academy.
KPMG chairman Mike Rake said that such academies would ultimately benefit employers who found that many school leavers were ‘not equipped for life in any shape or form’, according to the Financial Times.
The government has already set up 17 academies, with the aim of establishing 200 by the end of the decade, 60 in the capital. It is asking for donations from the private sector of up to £2m towards the costs of each academy, with the government making up the rest.
HMRC breaches client confidentiality; and partner profits fall at EY. These stories and more discussed in Friday Afternoon Live
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
Six new partners have been revealed by top ten firm Mazars