News

KPMG UK's partnership ranks have dwindled to less than half the size of its rival PwC's, with a 7% decrease in equity partners over the past year.

Aberdeen Football Club has turned a net profit of £1.1 million for the year ending 30 June 2023, a notable rebound from a cumulative net loss of £14.8m.

Debbie Connolly, AAB Wealth’s director for Northern Ireland, has been honoured with the Financial Adviser of the Year award for Northern Ireland & Scotland at the Women in Financial Advice Awards 2023. With an over 16-year tenure in bespoke financial services, Ms Connolly joined the AAB We

Edinburgh-based insurance broker TL Dallas has enhanced its team with the appointment of two seasoned private client insurance brokers, Gayle Halliday and Siobhan Smith, as a result of increasing client acquisition. Ms Halliday and Ms Smith both join from a local Edinburgh broker and bolster TL Dall

Investment into Scottish commercial property reached £330 million in Q3, around 33% below the five-year quarterly average of £500m according to Colliers’ latest Scottish Snapshot.

A rare bottle of Macallan whisky has sold for £2.2 million making it the highest-priced whisky to ever be sold at auction.

Deloitte has announced the winners of the 2023 UK Technology Fast 50 awards, with four Scottish companies among the ranking and Glasgow company Utopi claiming the inaugural CleanTech award. The awards recognise and rank the 50 fastest-growing technology companies in the UK based on average revenue g

Resilient consumer spending may have helped the Scottish economy avoid a recession, but economic growth has been flat since Q2 of 2022 and will remain into 2024 when GVA is expected to rise by 0.3%, according to the EY ITEM Club Scottish Autumn forecast. The forecast adds that sentiment among busine

The federal government of Canada has spent hundreds of thousands of dollars on consultants from KPMG for advice on cost-cutting – specifically, on how to reduce spending on consultancy. This irony is steeped in the recent documents tabled in Canada's Parliament, detailing a hefty sum of $669,6

The UK banking sector has made a substantial £41 billion contribution to the government's tax receipts in the financial year ending March 2023, according to a report by UK Finance and produced by PwC.

Andrew Malcolm MBE, the CEO of the Malcolm Group, a logistics enterprise based in Linwood, has been presented with an honorary doctorate from the University of the West of Scotland (UWS). The accolade was presented during the University's winter graduation ceremony at Paisley Abbey on 15 November. M

Richard Moriarty, the new chief executive of the UK’s Financial Reporting Council (FRC), has expressed his stance on the Big Four firm's reign over the UK audit market. In contrast to his predecessor, Mr Moriarty expressed lesser concern if Deloitte, EY, KPMG, and PwC continue their near-total

The Artisanal Spirits Company (ASC), ownership of The Scotch Malt Whisky Society (SMWS), has secured a substantial financing deal with Ferovinum, amounting to £15 million.

Professor Daniel Katz, a US technologist and lecturer at Illinois Tech – Chicago Kent College of Law, will address a CMS event next week focused on developments in AI and its impact on commercial contract lawyers. Commercial Contracts and AI: Grasping the Opportunities is an online event

A commercial judge has removed the joint administrators of a London Stock Exchange listed company operating football centres across the UK after the company’s largest shareholder, owed approximately £2.4 million by the company, made an application to the Court of Session. The application