Accountancy

Accountancy firm Henderson Loggie is calling on the UK Government to radically reform regulation and taxation in the food and drink sector following growing fears for the sector's future. Matthew McDermott, head of food and drink at Henderson Loggie, urged ministers to review employers' National Ins

The UK collected a record £24.2 billion in capital gains tax in 2024/25, according to new data released on Thursday, following Rachel Reeves' decision to raise the rate in her first Budget. HM Revenue & Customs revealed an 89% increase in capital gains tax receipts compared with the previo

KPMG has been appointed as liquidators of JPMorgan Global Core Real Assets after shareholders approved plans to voluntarily wind up the fund at an extraordinary general meeting. Shareholders approved all four resolutions with more than 99% support, with the special resolution to voluntarily wind up

Junior staff could be ordered back to the office more frequently as part of a push to sharpen their 'human skills' as artificial intelligence (AI) begins to take over a growing proportion of technical work. Consulting executives said AI had made interpersonal skills more valuable, arguing these skil

Accountancy firm Hall Morrice has revealed plans to launch a dedicated artificial intelligence (AI) service following a record year. The Aberdeen-based business recorded turnover reaching £6.2 million, due to an increase in its statutory audit work and demand for its advisory services.

Liquidators FRP Advisory sell Sutherland Spaceport assets to Highlands and Islands Enterprise (HIE). Chad Griffin and Graham Smith of FRP were appointed joint liquidators on June 3, 2026. Sutherland Spaceport was established in 2020 by Moray-based space launch company Orbital Express, which ent

Henderson Loggie has successfully negotiated the sale of Allan Corfield Group out of liquidation to a management buyout team to secure the long-term future of the business. Shona Campbell was appointed liquidator of Allan Corfield Architects and its sister company, Allan Corfield Structures and help

Mid-market accountancy practice EQ, part of Sumer Group, has merged with Innes & Partners to expand into the North of Scotland. EQ will grow its team by 7%, from 290 to 310 staff, as part of the merger as it aims to strengthen its position in Scotland.

Glasgow 2026 Vice-Chair Ian Reid has opened up about the lean commercial strategy behind the Commonwealth Games that redefined sporting finance and major events. Mr Reid explained the team had just 18 months to get the competition ready, compared to the standard five to six years usually granted to

The Association of Chartered Certified Accountants (ACCA) has called on HMRC to explain why it needs more powers to deal with taxpayers and advisers who are fraudulent and dishonest. Responding to a consultation by the UK tax authority on introducing a criminal offence by making reckless untrue stat

FRP Advisory has called on businesses to address difficult decisions now, warning that slow decision-making is costing the UK economy £13.7bn annually. Michelle Elliot, a restructuring advisory partner at FRP, explained that many businesses are running on "limited financial headroom" due to hi

Henderson Loggie has been appointed as the administrator of DJ Mackay & Partners after it fell into administration following financial difficulties. Shona Campbell, head of business recovery  and insolvency at Henderson Loggie was appointed on August 14, confirming the process of transferri

Interpath have been appointed as the joint administrators for Strathmore Hotels after it fell into administration. Alistair McAlinden and James Dewar stated that the companies will continue to trade as they review options for the business moving forward and they confirmed that all 410 employees will

Scotland generated a record £98.3 billion in revenue during 2025-26: an annual increase of £6.3 billion (6.9%), according to the Scottish Government. The revenue per person in Scotland at £17,718 was similar to the UK average of £17,720 in the same year, when revenue from the