Accountancy

AAB has launched a new governance, risk and compliance practice with the appointment of governance specialist Jason Davies as partner. The new practice has been established in response to increasing governance, regulatory and compliance demands facing businesses following recent reforms increasing e

SBP Accountants & Business Advisers (SBP) is expanding its presence across the North East after acquiring Inverurie firm BW Accounting. The move will see SBP add about 300 businesses and individuals to its client base. It now operates across five locations in the region.

Chancellor John Healey is facing "sleepless nights" over a growing "inflation monster" due to surging oil prices, rising interest rate expectations and spikes in government gilt yields threatening markets on both sides of the Atlantic ahead of his inaugural Budget. High borrowing costs are expected

Accountancy and business advisory firm Johnston Carmichael has appointed its first chief technology officer, a new audit partner and two other senior leaders to strengthen its team across the UK. Tamsyn Weston joins as chief technology officer leading the firm’s strategy across IT, cyber secur

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