Accountancy

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

The ongoing war in Iran is pushing up borrowing costs for small and medium enterprises (SMEs) and could prove the final nail in the coffin for some businesses, a sector specialist has warned. Mark Barrie, Head of debt advisory at accountancy firm Azets, believes the war, which began in February, is

Businesses are being encouraged to start preparing now for significant changes to how company accounts are prepared and filed, as a series of reforms begin to take effect. Advisory firm Azets says upcoming Companies House changes, alongside new UK GAAP requirements for presenting financial statement

Scotland must capitalise on strong international investor sentiment and work to convert interest into new projects, according to industry leaders, after a new survey confirmed the country remains the UK's leading destination for foreign direct investment outside London. Sandy Begbie, chief executive