Mid-market business confidence has faltered ahead of the Autumn Budget on 30 October, as profit growth expectations sink to a three-year low and confidence in their funding position continues a downward trajectory since the beginning of the year, according to Grant Thornton UK LLP. The business
Appointments
See all articlesStephen Baker has been named as Scotland's first Trade and Investment Envoy to Japan, tasked with driving international investment in key sectors such as energy transition, pharmaceuticals, medical technology, and food. Mr Baker spent 21 years with Sony, before joining Scottish Development Internati
HNH Partners has shared plans for growth and team expansion following a series of recent appointments. The multi-disciplinary corporate finance advisory firm, which has flagship offices in both Belfast and Edinburgh, confirmed the growth plans as it launched a new corporate identity.
Forvis Mazars has appointed Ryan Crilley as audit partner across its Glasgow and Edinburgh offices. Mr Crilley will work with privately owned businesses, navigating clients through the complexities of financial reporting and regulatory compliance market. He will also support the wider team with thei
SGN has announced that Simon Kilonback will become its new chief executive officer. He joined the energy network business in September 2023 as chief financial officer and will take over from Mark Wild who is leaving to run the high-speed rail project HS2.
Pinsent Masons has appointed Edinburgh-based partner Walter Clark to join its UK financial services corporate team. Mr Clark is an M&A lawyer with a primary focus on deals in the financial services sector across the UK, particularly for clients with a strong presence in Scotland.
Glasgow-headquartered ZLX Business Solutions, which specialises in research and development (R&D) tax credits among other financial solutions, has appointed Francis Kiernan to its board in the newly-created non-executive director role. With a career spanning more than 30 years in energy and
Accountancy
See all articlesForvis Mazars has appointed Ryan Crilley as audit partner across its Glasgow and Edinburgh offices. Mr Crilley will work with privately owned businesses, navigating clients through the complexities of financial reporting and regulatory compliance market. He will also support the wider team with thei
Grant Thornton UK has attracted interest from several private equity firms. Cinven, EQT, and New Mountain Capital (backer of Grant Thornton's US business) are reportedly shortlisted to acquire a stake in the firm. The deal could value Grant Thornton UK at over £1.5 billion.
Kennedy Accountancy, a firm based in Auchtertyre, Lochalsh, has won two awards at the 2024 Accounting Excellence Awards. Winning not only the Small Firm of the Year for Scotland, North of England and Northern Ireland, it also won the coveted UK Small Firm of the Year (Grand Prix). The accolades were
New research released today by KPMG has revealed boosting their savings would be a top priority if the impact of the cost-of-living crisis was to ease. KPMG UK’s Consumer Pulse survey gauged the quarterly confidence and buying behaviour of 3000 UK consumers across regions, ages and income grou
The Institute of Chartered Accountants of Scotland (ICAS) has made history by hosting over 400 accounting students from throughout the UK at its inaugural national induction day at the Edinburgh International Conference Centre. The event is a key part of ICAS's revamped approach to training fut
Business
See all articlesMid-market business confidence has faltered ahead of the Autumn Budget on 30 October, as profit growth expectations sink to a three-year low and confidence in their funding position continues a downward trajectory since the beginning of the year, according to Grant Thornton UK LLP. The business
Confidence amongst Scottish businesses is expected to hold steady for the next six months, with many in a ‘wait-and-see’ mode as they look to the upcoming budgets for clarity on the economic direction of both Scotland and the UK, according to the Fraser of Allander Institute. The indepen
Equity deal activity involving smaller businesses in Scotland picked up during the first half of 2024, one of only two parts of the UK to experience a year-on-year increase after a difficult 2023, according to new research from the British Business Bank. The Bank’s annual Nations & Regions
Wright, Johnston & Mackenzie LLP (WJM) and Irwin Mitchell Scotland recently hosted a special Indonesian business outreach event in Glasgow.
A project to create a new high-end recording studio on the Isle of Mull in Argyll has been awarded up to £39,000 by Highlands and Islands Enterprise (HIE). New start company Heb Aisle Limited is converting a former church building in the village of Bunessan on the southern end of the island.