Opulus Financial (Opulus) has partnered with Wylie & Bisset, to expand its offering throughout Scotland. SME Capital, the institution founded to provide bespoke funding for established SMEs, has provided a £10 million growth capital facility to support further expansion plans of the enlarg
An expert has warned that the additional tax burden from the impending corporation tax hike could lead to a significant reduction in investment and the risk of businesses closing. Scotland’s business community will be under pressure to find an extra £1.5 billion per year of corporation t
SME specialists Consilium Chartered Accountants have provided corporate finance and tax advisory services to the Electric Heating Company (EHC) as part of a £3.8m investment by Foresight Group. The investment in Blantyre-based EHC is the first from Foresight’s £60m Scotland Fund, w
Auditing is the most in demand finance career in the UK right now, according to a new study from online trading platform CMC Markets.
Dow Schofield Watts, the challenger professional services firm, has announced it is offering a cash lump sum of up to £50,000 per person to support ambitious teams who join its award-winning network of advisory businesses. The firm - which has offices in Aberdeen, Glasgow and Edinburgh - is ta
Accountancy and business advisory firm Johnston Carmichael has launched its 2023 JC Futures training programme, which offers a direct pathway for school and college leavers to become fully qualified accountants. The four-to-six-year programme is part of the company’s commitment to ‘grow
Wylie & Bisset has won its first contract to deliver internal audit services to a housing association in England. Already a provider of internal audit services for housing in Scotland and Northern Ireland, the contract win makes Rochdale Boroughwide Housing, the UK’s first tenant and emplo
Accountancy firm Azets has announced plans to recruit up to 80 apprentices, graduates and school leavers in Scotland during 2023. Across the UK the firm is looking to recruit up to 551, taking the overall number employed at the firm to 1600.
FRP Advisory, the specialist business advisory firm, has told shareholders to expect another rise in restructuring activity over the next few months. In a trading update issued yesterday, the firm said it expects to see increased activity in the higher value restructuring and administration market a
Ahead of this afternoon’s vote to set Scottish Income Tax rates for 2023/24, the Chartered Institute of Taxation (CIOT) has published the results of a new poll suggesting growing confusion over how taxes are decided in Scotland. The CIOT has also published a tax table showing the differences i
New research has revealed that almost one quarter of SME businesses are at risk of serious cash flow problems as they do not have basic cash flow projection processes in place. The findings were revealed by accountancy firm Azets following a financial resilience webinar attended by nearly 200 SME bu
The Association of Chartered Certified Accountants (ACCA) has revealed that Scotland leads the way in offering flexible working globally amid a battle for talent and skills where business’ working policy is often the difference between recruiting more talent or not.
The number of profit warnings issued by UK-listed companies in 2022 increased by 50% year-on-year, with record levels of warnings citing rising costs, according to EY-Parthenon’s latest Profit Warnings report.
Law firms and accountants that fail to do enough to prevent fraud are the target of the UK government's Economic Crime and Corporate Transparency Bill.
New data from financial mutual Scottish Friendly has revealed that the number of new stocks and shares ISA policies opened by adults in Scotland fell 17% year-on-year in the three months to December 2022. Sales in the run-up to Christmas were significantly lower than the previous year and the value