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Accountancy group MHA has solidified its presence in Scotland with the merger of Geoghegans, a prominent Edinburgh-based accountancy firm. The move marks the second merger in Scotland for MHA, the first being with Aberdeen-based accountancy firm Meston Reid & Co in October 2023.

Figures published today from KPMG UK’s Fraud Barometer, which records alleged fraud cases with a value of £100k and above, has shown the number of reported fraud cases outside of the London region rose to 183 cases in 2023, up from 172 in 2022. Within this, the Midlands had 37 cases reac

AG BARR plc has appointed Euan Sutherland as its chief executive officer, effective from 1 May 2024. With extensive experience in consumer goods, Mr Sutherland has previously led notable UK and international businesses, demonstrating a successful track record in achieving sustainable growth based on

Jo Armstrong has been appointed as the new chair of the Accounts Commission. Ronnie Hinds, who has been acting as interim chair of the Accounts Commission since May 2023, is stepping down at the end of January.

Perthshire-based Morris Leslie Plant Hire has reported a pre-tax profit of £11.5 million and revenues of £49.1m, in its 2022/23 annual accounts.

Big Four firm EY has initiated the monitoring of office attendance for its UK employees, using a swipe card entry system and circulating the data at senior levels.

FRP Advisory has sold AMTE Power's Scotland business and assets out of administration to Dutch battery technology firm LionVolt, saving 20 jobs. LionVolt is a subsidiary of LionVolt B.V., a group based in Eindhoven, Netherlands – a battery innovator that develops ‘3D’ solid-state b

A pastor who admitted pocketing more than $1 million (around £0.78m) from his followers says the Lord told him to.

MBM Commercial has appointed Simon Hart, a skilled banking and finance lawyer, to its team. Mr Hart will join the firm as a partner and will spearhead the expansion and development of the firm’s non-contentious banking practice.

Billion Global Chase Limited (BGC) has taken a 75% share in Linlithgow Distillery and appointed George Matharu as new chief executive officer. With planned investment, the Distillery, renowned for its award-winning artisanal Gin and Vodka, is set to expand its product range in 2024. The company

More than 38,000 start-ups were launched in Scotland in 2023, according to new research from R3, the UK’s insolvency and restructuring trade body. R3’s analysis of data provided by Creditsafe shows 38,313 firms were set-up in Scotland in 2023 – a rise of 12.1% from 2022’s tot

UK inflation experienced an 0.1% increase in December, breaking a 10-month streak of decline. Consumer prices rose at an annual rate of 4%, surpassing both the previous month's figure of 3.9% and economists' expectations of 3.8%, according to the Office for National Statistics (ONS).

There were 108 company insolvencies registered in Scotland in December 2023, 5% lower than the number in December 2022, according to the latest official statistics. This was comprised of 40 compulsory liquidations, 65 CVLs and three administrations. There were no CVAs or receivership appointments.

Ownership of Edinburgh Airport is set to change hands as part of BlackRock's deal to acquire Global Infrastructure Partners (GIP) in a significant cash-and-stock transaction valued at over £9.43 billion. The deal, unveiled on Friday, comprises £2.36bn in cash and some 12 million BlackRoc

Accountants from EY and PwC are set to face questioning in the upcoming sixth phase of the Williams Inquiry, shedding light on their role in the Post Office scandal linked to the Horizon IT system.