Accountancy

Restructuring and insolvency specialists Dunedin Advisory discusses the implication of Bounce Back loan on the UK economy. Covid bounce back loans were introduced by the Government in early 2020 in response to difficulties experienced by small businesses during the Covid 19 Pandemic and subsequent l

EY has welcomed 13 partners along with nearly 100 new graduates and apprentices to its Scotland practice this year as part of the firm’s continued investment in its Scottish business. Across the UK, EY strengthened its partnership with 120 new equity partners – including the promotion of

Heriot-Watt University has been ranked as the best Scottish university for landing a role at a big four accountancy firm (PwC, Deloitte, EY and KPMG) according to a new analysis of LinkedIn data. As undergraduates return for their final year of university this Autumn, many will have their mind set o

Deloitte has announced its intention to purchase the business and assets of Reformis, a specialist investment management technology and data firm. Founded in 2003, Reformis, a global business with approximately 90 employees, provides technology, business and change management consultancy services to

PwC has expanded its Scale programme, in support of growing tech companies, with the launch of its first Stablecoin cohort. It features four high-quality Stablecoins delivering transformative use cases for the payments ecosystem.

Andrew Poxon has been appointed head of the North & Scotland division for Leonard Curtis which includes offices in Glasgow, Bury, Manchester, Preston, Chester, and Liverpool. The move is part of a new management structure that has been put in place to accelerate and promote a focus on growth.

Total company insolvencies in England and Wales in the second quarter of 2022 reached their highest quarterly level since 2009, according to the latest figures published by the Office for National Statistics (ONS). The ONS said the rise had been driven by creditors' Voluntary Liquidations (CVLs).&nb

Michael Reid, managing partner at Meston Reid & Co, highlights the need for well managed accounts. There has been a marked increase over the last few months in those seeking independent and experienced advice about the financial condition of their business because the overt signs are that the bu

The Financial Reporting Council (FRC) has commenced an investigation in relation to the audit conducted by Mazars LLP of the financial statements of Studio Retail Group plc. The investigation concerns the period ended 26 March 2021, a month after the group was purchased by Mike Ashley's Frasers Grou

Tom MacLennan and Chad Griffin, partners with FRP Advisory, have been appointed joint administrators of Centre for the Moving Image, the Edinburgh-based charity that provides a central focus for the development and appreciation of Scotland’s film industry and film culture. Founded in 2010, Cen

Independent business advisory and accountancy firm Johnston Carmichael has welcomed a record intake of 93 students, including school leavers, summer interns and graduates who will train to become qualified accountants. This year’s intake is the largest since the firm was established almost 90

Big four accountancy firm PwC is returning to a larger selection of university campuses after a two-year break during the COVID-19 pandemic, in an effort to boost recruitment. The firm has expanded the number of university campuses it will visit from 75 or 80 to more than 100 locations as it extends

More than 8 out of 10 Global and UK CEOs anticipate a recession over the next 12 months, according to new research from KPMG. The KPMG 2022 CEO Outlook asked more than 1,300 CEOs at the world’s largest businesses about their strategies and outlook – including 150 in the UK – reveal

HMRC is reminding businesses that from Tuesday 1 November, they will no longer be able to use their existing Value Added Tax (VAT) online account to submit VAT returns. By law, all VAT-registered businesses must now sign up to Making Tax Digital (MTD) and use compatible software to keep their VAT re

Wylie & Bisset, Accountants and Business Advisers, had revealed that some mini-Budget measures for businesses have been obscured by Chancellor Kwasi Kwarteng’s plan and subsequent U-turn on the proposed removal of the 45p income tax rate, paid by those earning more than £150,000 a ye