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Aberdeen's Wood Group has published its delayed financial results for full-year 2024 and the first half of 2025, a crucial step in its proposed takeover by Sidara. For the first six months of 2025, Wood reported a statutory loss for the period of $72 million (c. £55m). Despite the challenging
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Pathways Forward, the women in entrepreneurship social enterprise set up by entrepreneur and investor Ana Stewart, has announced its latest Pledge cohort while appointing current Pathways advisory board member and former Rose Review industry lead Jo Forster to the same role, industry lead, at Pathwa
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Commercial real estate advisor Avison Young has promoted Iain King to regional managing director for the firm’s Glasgow office. Iain joined the business in 2023 as principal and head of building and project consultancy for Scotland, bringing with him over 25 years of experience as a char
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Award-winning Scottish hospitality operator, Buzzworks, has announced the appointment of Maurissa Fergusson as its new property director. Ms Fergusson's addition to the leadership team is the latest in a series of senior appointments, reflecting the company’s growth strategy as it expands into
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Wealth manager RBC Brewin Dolphin has expanded its Edinburgh office with the appointment of two new wealth managers, bringing its financial planning department to 30 people. Rhiannon Murray has joined as a wealth manager providing financial planning advice to individuals, families and trusts. She be
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Evelyn Partners has appointed ex-professional rugby player Chris Dean to its Edinburgh financial planning team. He spent over a decade with Edinburgh Rugby Club, and with more than 150 appearances became the club’s most-capped centre in its history. His appointment in a business development ro
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Armstrong Watson has appointed Clare Lancaster as a director in its private client tax team. The accountancy, business and financial advisory firm has rapidly expanded its senior tax team in recent months, and Ms Lancaster's is among a string of senior hires and promotions across the business.
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The Institute of Chartered Accountants of Scotland (ICAS) has accredited The Open University’s (OU) BSc Accounting and Finance degree, marking the first time a distance learning programme has ever been formally recognised by the professional body. This milestone partnership with the UK’s
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MHA in Edinburgh is celebrating after four team members qualified as Chartered Accountants. The colleagues, who are based at the accounting and business advisory firm’s St Colme Street office, have achieved ACCA (Association of Chartered Certified Accountants) and ICAS (Institute of Chartered
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BDO has told its member firms to refuse outside equity investments, pushing back against a wave of interest from buyout giants in the accountancy sector. The world’s fifth-largest accountancy network announced the move as part of a “strategic reset” intended to “ensure a stro
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Company directors and shareholders face new mandatory reporting requirements for declaring dividends from profits for owner-managed and family-run ‘close’ companies. Failure to comply will incur a £60 fine for each failure to disclose in the tax return.
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The Financial Reporting Council (FRC) has released the 23rd edition of its Key Facts and Trends (KFAT) report, offering a comprehensive overview of the UK accountancy and audit landscape. This year's report highlights continued growth in the accountancy profession, with rising membership i
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Hamilton-based business consultancy Inspirent has announced a strategic partnership with Glasgow IT provider Aspen Solutions to deliver expert IT support for companies. The link up with the Glasgow firm comes as part of Inspirent’s expansion into the private sector with a recently-launched sui
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A young entrepreneur from Coatbridge and his dad have attracted 3,000 customers in their first two months of trading after they opened a new mobile food business in September. The pair accessed expert start-up advice and support from Business Gateway to help get their business off the ground. Specks
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Scotland experienced the fastest quarter-on-quarter increase in the number of businesses in distress across the UK in Q3 2025, according to the latest Red Flag Alert from Begbies Traynor. In Scotland, levels of advanced or "critical" distress in the latest quarter were particularly stark, rocketing
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More than a quarter of Scottish small businesses are expecting to shrink as ongoing cost pressures take their toll on revenues, new Federation of Small Businesses (FSB) figures reveal. FSB’s latest Small Business Index (SBI) in Scotland for Q3 found 29.1% of small firms expect to contract in t
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Technology consultancy Test Driven Solutions (TDS) is celebrating a period of exceptional growth and success as it continues its expansion across the UK and internationally, with a new office opening in Edinburgh early next year and plans underway to launch a base in Latin America in 2026. Founded i
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