Mid-tier accounting firm RSM has reported record remuneration for its UK partners, taking their earnings to levels competitive with the Big Four. Average profit per equity partner rose 16% to £821,000 in the year to March, up from £708,000. This figure overtakes the average earnings at E
Annual Results
BDO, the UK’s fifth-largest accounting firm, has reported a decline in profitability and partner payouts as it navigates a difficult market and prepares for a significant global restructuring. In the year ending July, operating profits fell by over 7% to £210 million. The average profit
The soaring cost of ingredients has caused profits at Tunnock's to plummet by nearly 80%, despite the Scottish confectionery brand recording increased turnover in the last financial year.
Car dealership Peoples Limited has reported a 75% decrease in profit before taxation, falling to £1.28m from £5.15m in the previous year.
Graham’s The Family Dairy has reported a dip in annual profits after making a strategic decision to absorb soaring operational costs rather than passing them fully onto consumers. For the financial year, pre-tax operating profit fell to £2.6 million, down from £4.5m in 2024. Howeve
Edinburgh law firm Murray Beith Murray has assets of nearly £3.2 million, the firm has revealed in its first-ever published accounts. The private client firm has more than doubled its turnover in the last decade, with revenue up by 10% last year alone, according to financial information publis
Aberdeen's Wood Group has published its delayed financial results for full-year 2024 and the first half of 2025, a crucial step in its proposed takeover by Sidara. For the first six months of 2025, Wood reported a statutory loss for the period of $72 million (c. £55m). Despite the challenging
Simon Howie Butchers Limited has reported a pre-tax profit of £6.9 million for the period ending 31 January 2025. The Perthshire firm's annual accounts show turnover increased by 27% from the previous year, reaching £37.4m. This represents a £1.4m rise in profitability from the &po
Aberdeenshire-based Macduff Shipyards Limited has posted pre-tax profits of £3.5 million, a 31% increase from £2.7m in the previous year. This growth in profitability, for the year ending 28 February 2025, was achieved despite a slight decrease in turnover, which was recorded at £2
Fife-based housebuilder Campion Homes saw its pre-tax profits increase significantly in the year ending 30 June 2025, reaching £6.9 million from £2.6 million in the previous year. The company's annual report shows that turnover also grew by 11%, rising to over £50 million.
PwC has reduced its global workforce and abandoned an ambitious five-year hiring target as it contends with slowing revenue growth, the impact of internal scandals, and the rise of artificial intelligence. The Big Four accounting firm cut its global staff by 5,600 in the year to 30 June, bringing it
HSBC has reported a 14% fall in third-quarter pre-tax profit to $7.3 billion (c. £5.5bn), a figure significantly impacted by legal provisions and impairment charges. However, the bank emphasised its underlying performance, with profits excluding these notable items rising by 3% to $9.1bn (c. &
Aberdeen-based energy consultancy Xodus Group has reported widening losses of nearly £1 million, citing delays in renewables projects as a key factor impacting its performance.
Big Four firm EY UK has announced a return to growth, with fee income rising by 2% to £3.78 billion in the last financial year.
NatWest Group has reported strong third-quarter results for 2025, with operating profit before tax having risen 30% year-on-year to £2.2 billion, significantly ahead of the £1.83bn consensus estimate – comfortably beating analyst expectations. The performance was driven by robust l

