News

PwC UK has made the decision to delay the promotion of 90 junior consultants, keeping them on the graduate programme for a further six months, citing insufficient work amidst a challenging market environment. The decision specifically affects graduates who joined PwC's consulting practice in late 20

The UK economy has taken a significant hit since leaving the European Union, according to a report by Goldman Sachs.

Hundreds of Sir Elton John's belongings are being sold at auction.

Former global oil & gas tax leader EY leader Derek Leith has been appointed as a non-executive director at Aberdeen-based decommissioning specialist Well-Safe Solutions. Mr Leith boasts 35 years of experience in the finance sector, particularly with a focus on oil and gas taxation. With his expe

Aberdeen-based accountancy firm Hall Morrice has bolstered its leadership team with the appointment of Jack Borg-Delaney as a new audit director. Mr Borg-Delaney, with a wealth of experience in audit and compliance, previously held senior audit roles at Deloitte and Ernst and Young.

Scotland is experiencing a start-up boom, with over 40,000 new businesses setting up shop last year – an increase of 12% on the number of new companies incorporated in 2022.

Trojan Energy, the on-street electric vehicle charging specialist, has appointed Chris Waples, Terry Hart and Keith Barclay to the company’s board of directors. These appointments follow £26 million of funding secured by the company in a raise supported by lead investors BGF and The Scot

Women across Scotland are being empowered to turn their passion or idea into a burgeoning business with the launch of a new programme. Run by Elevator, a social enterprise which supports entrepreneurship and employability across Scotland, E3f is a free six-week initiative dedicated to help women dre

A total of 14 Scottish entrepreneurs are set to embark on a transformative journey to Austin, Texas, from 6-14 March, as part of the SXSW 2024 Startup Cohort Programme. This exciting opportunity is made possible by the Scottish Ecosystem Fund 2023–24, supported by Scottish Enterprise and The S

Big Four accounting firm EY incurred over $700 million (around £555m) in additional debt on its global operating business due to the failed Project Everest, according to recently filed accounts at Companies House.

An increasing number of financial services (FS) CEOs have shown they will accept reduced profits to support environmentally sustainable investments, as revealed by PwC's 27th annual CEO Survey.

Nucleus Financial Platforms has acquired investment platform and wealth management software provider Third Financial.

Scotland's hotel industry concluded 2023 on a high note, reaching pre-pandemic levels of occupancy for the first time in December, as reported by the RSM Hotels Tracker.

Scotland's listed companies experienced a notable increase in profit warnings during Q4 2023, surpassing the combined warnings of the entire preceding year, as revealed by EY-Parthenon's latest Profit Warnings report. Ten profit warnings were issued in 2023, with six in Q4 alone. The number of Q4 wa

A village in France has voted to ban people from using their smartphones in public. Seine-Port, a village of fewer than 2,000 people around an hour's drive from Paris, backed the measure in a local referendum earlier this month, The Guardian reports.