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If there is one thing the pandemic has taught company founders, it is how an unexpected event can be catastrophic to a business. In good times, when things are going well and a business is growing, it’s natural to not want to dwell on negative, unexpected events that could instantly derail tha

Eco Communications Limited, which operates across the UK from bases in Scotland and Cumbria, has announced the signing of an agreement to purchase Integrity Office Limited, the Carlisle-based IT solutions provider. The financial terms of the transaction between the two businesses are not being discl

The Financial Conduct Authority (FCA) has reminded firms to be ready for the end of the Brexit transition period in one month’s time. When the transition period ends at 11pm on 31 December, firms will need to be prepared for a number of changes to the regulatory environment in which they opera

Olive, a UK-wide managed cloud communications provider, has expanded into Scotland with the launch of a hybrid business hub to scale its regional footprint and serve its local business and enterprise clients. Establishing a presence in Scotland has been a key priority for Olive as it continues on it

The amount of women over the age of 55 who are worried about running out of money in retirement has increased to over a third (34%) in the last year, according to a new report by the Equity Release Council.

Payments start-up Modulr, based in Edinburgh, London and Dublin, has secured £9 million in investment from PayPal Ventures. Modulr is a Payments-as-a-Service API platform which enables digital businesses and software platforms across lending, banking, fintech, travel, employment services and a

Graeme Williams, director of M&A at KPMG in Scotland, considers the state of the deals market in Scotland. The last twelve months have taken their toll on Scotland’s economy with no sector or business left unscathed by the Covid-19 pandemic.

Chris Sanger, EY’s head of tax policy, discusses the recent tax policy announcements made by HM Treasury. Despite the news from the Chancellor that the Autumn Budget has been postponed this year, it has not prevented HM Treasury from issuing today an Autumn set of tax announcements, to add to

The Financial Reporting Council (FRC) has criticised Grant Thornton after its Audit Quality Inspection revealed five out of six of the firm's local audits fell below the expected standard. Grant Thornton was singled out by the accountancy regulator after it investigated 15 major audits of health aut

Chad Griffin, restructuring specialist at FRP Advisory, discusses how the current downturn in the North Sea is likely to see a far deeper level of oil and gas restructurings and a higher level of insolvencies than in 2015, the last comparable period when there was a much stronger base position than

A prestigious survey of finance directors and chief finance officers working in the SME sector has rated Azets as the best accountancy firm in the UK market. The FD Excellence Survey, which is in its 20th year, undertakes a detailed analysis of FDs satisfaction levels with accountancy firms.

Audit fees at the Big Four accountancy firms Deloitte, PwC, EY and KPMG increased by 6.9% last year as they increased their charges to account for tougher regulations introduced by the regulator.  The Financial Reporting Council’s (FRC) 2020 Key Facts and Trends in the Accountan

Mark Brown, audit, accounts & business assurance partner at Aberdeen chartered accountancy firm Meston Reid & Co, details why companies need to be focusing now on shaping a strategic approach as economic activity is begins to increase and business confidence is slowly recovering. Busine

Aberdeen Standard Capital (ASC), the discretionary investment management arm of Aberdeen Standard Investments (ASI), has launched its Sustainable Managed Portfolio Service (MPS). The service will cater for a wide range of investors looking to make an impact on society and the environment throug

The coronavirus pandemic is accelerating the shifting of the CFO role, according to a new report by the Association of Chartered Certified Accountants (ACCA) and the Institute of Management Accountants (IMA).  The CEO of the Future report, with data from global surveys and virtual rou