News

The Financial Reporting Council (FRC) has released the 23rd edition of its Key Facts and Trends (KFAT) report, offering a comprehensive overview of the UK accountancy and audit landscape. This year's report highlights continued growth in the accountancy profession, with rising membership i

The UK economy returned to modest growth in August, expanding by 0.1% and offering a sliver of positive news for Chancellor Rachel Reeves ahead of next month’s crucial Autumn Budget. According to the Office for National Statistics (ONS), the rebound was primarily driven by a 0.7% expansion in

The vast contribution of quarried construction materials to the Scottish economy has been highlighted in the findings of a new study published this week. In the first report of its kind, The Economic Contribution of Primary Aggregates in Scotland reveals the scale and strategic importance of the qua

Aberdeen-based energy recruitment specialist, Recruitment Ventures, has repositioned its business with two senior appointments and a new capital injection from its investment group owners, I7V. Mark Gillespie, an energy industry veteran, has been appointed director and will oversee business strategy

Demand for tax and consulting services has pushed EY's global revenue up by 4% to $53.2 billion (c. £39.6bn) for the financial year ending June 2025.

Henderson Loggie has announced the first round of grants from the accountancy firm's new Charitable Foundation, distributing over £10,000 to five grassroots charities across Scotland.

Johnston Carmichael has raised more than £24,000 for 30 Scottish charities after taking part in this year’s Kiltwalk events.

Forvis Mazars has made a series of senior promotions and new hires across its Scotland team, and has also welcomed new trainees to its Glasgow and Edinburgh offices. Sean Cockburn has been appointed as private client tax advisory partner in Edinburgh. He joined the firm in 2017 and specialises in in

FinTech Scotland has announced that chief executive Nicola Anderson will be stepping down at the end of 2025 to take up a new senior director position at Scottish Enterprise. Aleks Tomczyk is the new incoming chief executive for the cluster management body and will join with immediate effect as desi

A tourist who stole a large chunk of an ancient Greek column in the 1960s has returned it more than half a century later. Greece's Ministry of Culture yesterday announced the repatriation of the fragment of a limestone Ionic capital from the Leonidaion, which accommodated athletes during the ancient

The UK is set to have the second-fastest growing economy among the G7 nations next year, but will be hampered by the highest inflation, according to a mixed forecast from the International Monetary Fund (IMF). In an upbeat assessment for Chancellor Rachel Reeves, the IMF projects modest UK growth of

Deputy First Minister Kate Forbes has commenced a visit to Canada, including stops in Toronto and Nova Scotia, focused on getting more investment into Scotland. The visit will also promote collaboration with universities and academic organisations, and strengthen connections with Nova Scotia’s

Late payments continue to be a strain on the Scottish small business community, according to new research by Edinburgh-headquartered FreeAgent. Analysis of invoices sent by the cloud accounting software company's small business customers between September 2024 and August 2025 has revealed the shocki

Wood Group's chief executive, Ken Gilmartin, is set to step down following a shareholder vote on Sidara's £206 million acquisition of the Aberdeen-based engineering firm. He will be succeeded by the current interim chief financial officer, Iain Torrens.

The Financial Conduct Authority (FCA) has announced new plans to support the tokenisation of assets, aiming to drive innovation and growth within the UK's £14 trillion asset management sector.