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KPMG has posted a 5.4% rise in global revenues to $38.4 billion (c. £30.5bn), outpacing its Big Four rivals in terms of revenue growth in the past year. The performance was driven by gains in audit, tax, and advisory services. Despite a slowdown in technology and M&A activity, KPMG's

Shops in Scotland are expecting to see their business rates bills rise by around £7.6 million from April 2025. The Scottish Government's Budget increases the business rate for all firms occupying medium-sized and larger commercial premises by 1.7% in 2025-26.

BDO has exceeded £1 billion in revenue for the first time in its century-long history. The firm attributes its 8.6% revenue rise to £1.02bn to its "continued programme of investment" and its focus on serving mid-sized businesses.

Blackadders has posted a 6% rise in profit and 1.4% growth in turnover, for the combined income its law and wealth management operations, in the latest fiscal year (2023/24), as it positions itself to make the most of AI integration and to hit growth targets. The combined turnover for Blackadde

Coinciding with its announcement of a better-than-expected 10% rise in pre-tax profits to $8.5 billion (c. £6.6bn) during Q3 2024, HSBC's CEO, Georges Elhedery, has dismissed speculation that the bank's recent restructuring signals a potential breakup. The restructuring, announced last week, w

Corporate insolvencies in Scotland have risen by 10.6% in Q2 2024-25 (July to September) compared to the same period last year, reaching 313. This increase is primarily driven by Creditors' Voluntary Liquidations, suggesting businesses are struggling despite recent economic growth. Personal insolven

New research from Edinburgh's Smart Data Foundry has revealed the significant impact of bank rate rises on consumer finances in Scotland.

Walker’s Shortbread has posted sales growth of £19 million, a 11.6% rise to £183m, resulting in a bump in operating profits by £7.1m – 119% – to £13.1m.

As temperatures drop and energy bills rise, Scottish accountancy firm Wbg is advising households to address their debts now to ensure they can keep their homes warm this winter. Utility debt in the UK has become a significant financial burden for many households. This debt reflects the challenges fa

EY UK is expected to offer lower pay rises and bonuses for staff within its tax advisory division, mirroring a trend among Big Four firms responding to a challenging economic climate. The firm's 4,400-strong tax division are set to receive a 2.2% base salary increase, a decrease from previous years

The Scottish Retail Consortium has called for injecting greater certainty into fiscal plans, spending restraint rather than tax rises, and tax competitiveness as central focus points in the upcoming Scottish Budget. In its Budget submission – entitled Realising The Growth Ambition – sent

GB Energy, the UK's new publicly-owned clean energy company, has begun advertising jobs based in Aberdeen, raising hopes that the city will be chosen as its headquarters.

The proportion of Scottish homeowners who have paid off their mortgage has risen significantly over the past decade, according to the 2022 census. The census report revealed that 851,100 households now own their homes outright, a 28.8% increase from 2011. This trend is attributed to Scotland's agein

Insurance giant Aviva has announced a stellar first half of 2024, with a 14% rise in operating profit to £875 million. The growth is attributed to a 15% surge in general insurance premiums, reaching £6 billion.

The Royal Family's annual income is set to rise by 53% to £132 million in 2025/26, thanks to soaring profits from the Crown Estate.