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KPMG partners were given a six-figure pay rise in 2021 despite regular criticism from regulators throughout the year. KPMG's 571 partners took home an average of £688,000, 20% more than the £572,000 received in 2020.

KPMG UK has posted growth of 10% in 2021, with revenue rising from £2.14 billion to £2.35bn. For the year ended 30 September 2021, KPMG's profit before tax increased from £288 million to £436m.

Edinburgh-based financial provider Aegon UK has posted a 57% year-on-year increase in its third-quarter operating profit, reaching £44 million. The firm said that the rise was driven by higher fee revenues resulting from "favourable" equity markets, a provision release and decreased expenses.

Moray-based whisky specialist Gordon and MacPhail has hailed steady sales and a £4 million rise in profits during a year of "unprecedented trading conditions".

The Scottish Mortgage Investment Trust plc, a trust managed by Baillie Gifford, has seen its Net Asset Value (NA) rise by 16% in the six months to 30 September 2021. This figure compares to a 9% increase in the FTSE All-World index.

Asia Dragon Trust plc, managed by abrdn, saw its net asset value rise by 20.5% in the year ending 31 August 2021, according to its annual results. It outperformed its benchmark, the MSCI Asia ex Japan Index, which increased by 14.7% on a comparable basis over the reporting period.

Businesses in Scotland have seen a marked increase in levels of businesses experiencing advanced financial distress in the third quarter of 2021 compared to the previous quarter as the pressures of the pandemic took their toll following two years of restrictions and lockdowns. The latest Red Flag Al

Customers of Bank of Scotland owner Lloyds Bank spent a fifth more on household energy (24%) and fuel (20%) in the last fortnight, according to the latest analysis of the bank’s debit card spend. Across the UK, people spent a fifth (20%) more at petrol stations in the past two weeks, compared

Despite well-documented staff and supply shortage issues, confidence in the UK logistics sector has risen to 62.5, the highest level since H1 2015, according to the latest Barclays-BDO Logistics Confidence Index. This is in contrast to last year’s index, when confidence fell to its lowest leve

The average fraudulent insurance claim has risen by 6% since 2019, with figures reaching £12,000, according to the latest figures published by the Association of British Insurers (ABI). According to the figures, the number of detected fraudulent claims fell to 96,000 down 10% on 2019 to the lo

Peter Vardy, the Scotland-headquartered automotive group, marked an extraordinary twelve months to 31 December 2020, recording increased earnings before interest, taxes, depreciation, and amortisation (EBITDA) of £14.26 million. The group has also reported a 3.2% return on sales, from £1

The Dunedin Income Growth Investment Trust, a trust managed by abrdn, has seen its Net Asset Value total return rise by 11.1% in the six months to July 31 2021. The trust's share price total return per ordinary share over the same period also rose by 12.6%. This compares to the FTSE All-Share I

Business confidence in Scotland rose five points during September to 39%, the second consecutive month of growth, according to the latest Business Barometer from Bank of Scotland Commercial Banking. Scottish firms reported higher confidence in their own business prospects month-on-month, up 14 point

Scottish cities including Glasgow, Edinburgh and Aberdeen could see employment rise by 5-7% as a result of increased availability of office space in the wake of COVID-19, according to a new report by KPMG. Covid-19 has triggered a shift in the way people work, interact, and shop. As businesses in so

More than 19.2 million digital devices were bought in the year to July 2021, marking the fastest-ever rise in technology adoption in the ten years that Deloitte has been surveying digital device ownership in the UK. According to new research from Deloitte’s forthcoming Digital Consumer Trends