Scotland has seen a 164% increase in corporate insolvency numbers (liquidations and receiverships) in the fourth quarter of 2021-22, compared to the fourth quarter of 2020-21, at 240, against 91. According to the latest figures, the number of corporate insolvencies in Scotland stayed the same in Q4
Accountancy
The number of new tech companies incorporated in Scotland jumped 37% in 2021, according to new analysis by audit, tax and consulting firm RSM UK. A total of 1,055 tech businesses were incorporated in the region in 2021 according to an analysis of data held by Companies House, up from 772 in 2020.
Henderson Loggie has announced the appointment of Gavin Black to its board, as the accountancy firm prepares for its next phase of expansion. Mr Black takes up the role with immediate effect.
Widespread burnout and lack of flexible work continue to hinder working women’s career progress, according to a new Deloitte Global report. Deloitte Global conducted a survey of 5,000 women in 10 countries, including 500 working women in the UK, to understand the impact the COVID-19 pand
Chartered accountant Wylie & Bisset has welcomed the launch of a new online training initiative designed to support the growing number of female business founders in Scotland. With recent research for the Rose Review on Female Entrepreneurship revealing that 5,951 companies were established by w
The latest SME Barometer produced by Azets has revealed ambitious growth plans among UK SMEs despite a significant drop in optimism about the economy. The Barometer revealed that 51% of all SMEs across the UK and Nordics are optimistic about the economic outlook, down from 68% last summer with UK SM
A team of 30 eager and ever so slightly nervous people from accountancy and business advisory firm Johnston Carmichael are lacing their boots to take part in the Glasgow Kiltwalk this weekend as the business aims to secure a record 100 walkers in 2022. Johnston Carmichael has been a gold sponsor of
KPMG UK has promoted four colleagues to partner and 26 colleagues to new positions in Scotland. Arleen Arnott, Paula Holland, Deborah May and Eddie Norrie all became partners of the professional services firm on 1 April 2022.
The Executive Counsel of the Financial Reporting Council (FRC) has imposed sanctions against Deloitte and John Charlton, one of the firm's audit engagement partners, in relation to the statutory audit of the financial statements of Mitie Group plc, for the financial year ended 31 March 2016. Deloitt
Scottish financial planning and investment management firm Carbon Financial Partners has opened a new office in Perth’s Whitefriars business park. Since being established in Perth 11 years ago, the firm has rolled out offices in Aberdeen, Edinburgh, Glasgow and London.
The search for Scotland’s top tech innovator has begun as KPMG UK launches its annual competition to propel exciting technology businesses onto the global stage. The competition - KPMG Private Enterprise Tech Innovator in the UK - is now in its ninth year and has seen previous winners such as
Ellon-headquartered Phil Anderson Financial Services Ltd has been named as a finalist at the 2022 Elevator Awards.
Tweed Wealth Management has touched down on a recruitment strategy to identify former rugby stars to be trained as high-performance financial planners for their fast-expanding business. The Edinburgh-based company now has three ex-professional rugby players on their team sheet – a winning comb
Big Four accountancy firm Deloitte has slashed its London office space by a third, as the firm announced that it will be making its hybrid working model permanent. The firm has got rid of two buildings in the capital which had 250,000 sq ft of office space in total, cutting its holdings to jus
Faced with a more uncertain economic climate, a record number of finance leaders (98%) anticipate operating costs to rise in the year ahead, according to Deloitte’s UK CFO Survey Q1 2022. Almost half of CFOs (46%) expect these rises to be significant.