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In a major review of the UK audit sector, the Institute for Public Policy Research (IPPR) has identified glaring deficiencies in how the sector is assessing firms’ finances and governance, leaving the door open to more costly Carillion-style business collapses.

Claire Massie, Pinsent Masons head of banking & restructuring in Scotland, reveals how businesses will need to alter their operating model in an attempt to fight climate change. Climate change will require businesses in all sectors to reassess and change their operating model as part of the tran

The UK is leading the way across Europe in preparing for the adoption of an interbank digital currency, and is fifth in the world. However, a consumer offer remains some way off, according to new analysis by PwC.

Specialist business advisory firm FRP has announced plans to grow its Scottish team following the appointment of a six-strong restructuring advisory team, which includes partners Michelle Elliot and Stuart Robb, all of whom will be based in Glasgow. With more than 20 years’ experience, Ms Elli

Shepherd and Wedderburn’s corporate finance team advised on deals with an aggregate value of £7.1 billion in 2020. The team advised on 75 corporate finance transactions globally (excluding deals for the banking sector) – an increase of 18 per cent on its £6 billion aggregate

The latest CBRE office market research has revealed a modest performance across Glasgow and Edinburgh cities in the first quarter of 2021 as the country endured lockdown restrictions. Take-up for the Glasgow office market totalled 74,641 sq ft, a 62% drop from the same period in 2020 and 64% down on

Mortgage lenders in the UK are preparing to launch a wave of ultralow deposit deals on to the market.

UK productivity – measured in terms of output per hour – fell in Q4 2020 after bouncing back in Q3 from declines in Q2 and Q1, according to the latest figures released by the Office for National Statistics (ONS).

Law firm Morton Fraser has appointed one of Scotland’s most respected restructuring and insolvency lawyers, Yvonne Brady, as head of strategy - restructuring and insolvency. The position has been created by Morton Fraser specifically for Ms Brady, who began her role on Monday 12th April.

Iain Penman, senior associate at Brodies LLP, discusses the changes to Scotland's bankruptcy laws in the wake of the coronavirus pandemic. Last year, temporary changes to the bankruptcy process were brought in by the Scottish Government, to help individuals financially impacted by the pandemic. Scot

Grant Thornton has seen a sharp increase in profit within its audit division after the firm invested £17 million in 2019 to improve the quality of its audit work. The accountancy firm posted an audit profit of £11.3m for the 12 months to the end of December, compared with £1m for t

The corporate advisory team at Scottish chartered accountancy firm French Duncan has surpassed £110 million worth of transactions since the start of 2020 - while under new leadership. Over the course of the past 15 months, the team completed close to 20 transactions, with a combined value of o

Jamie Dimon, the head of JP Morgan, has warned that he could move all bankers serving European Union clients out of London as regulators in Europe seek to poach the City’s business. In his annual letter to shareholders, Mr Dimon said that Brexit “cannot possibly” boost the UK econo

Businesses looking to reopen and capitalise on a potential £50 billion boom in consumer spending could face a major new insolvency risk – a lack of working capital, according to accounting, tax and business advisory firm Azets.  The warning follows comments earlier th

Jack Anderson, a consultant specialising in wealth management at Core-Asset Consulting, details how wealth management may bring new jobs to Scotland. Wealth management could enjoy a jobs boom in Scotland, with national firms likely to set up regional hubs here as part of a post-pandemic recovery str