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
Annual Results
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
Aberdeen-based Activpayroll Ltd posted pre-tax profits of £5.76 million, up from £3.3m the previous year. Its group results for the year ended 31 March 2025 recorded turnover of £57.4m, an increase from £52.2m in the previous year.
According to its latest annual report for the year ended 31 December 2024, Harris Tweed Hebrides Limited saw turnover increase slightly to £9,208,547 from £9,188,164 in 2023. However, profit before tax decreased 6% to £1,225,879 from £1,306,317 the previous year.
Perth-based Balhousie Holdings Limited has announced a record profit before tax of £9.65 million for the year ending 30 September 2024. The company's annual turnover reached £57.2m, a 5.42% increase from the previous year, which the directors attribute primarily to increased fee rates.
Whisky producer Whyte & Mackay has reported a fall in profits for the year ended 31 December 2024, citing a global slowdown in the whisky, spirits, and luxury goods markets.
Trump International Golf Club in Aberdeenshire has reported its 13th consecutive year of losses, despite achieving record sales.
Demand for tax and consulting services has pushed EY's global revenue up by 4% to $53.2 billion (c. £39.6bn) for the financial year ending June 2025.
Highland Spring Group has recorded a 13.5% jump in sales to £148.2m as it continues to progress towards its stated ambition of £200m. A strong performance last year also enabled the Highland Spring brand to step closer toward its long-term goal of becoming the UK’s number one water
Aberdeen-founded environmental and engineering solutions firm RSK Group has reported a 21% rise in revenue to £2.2 billion for the financial year ending 6 April 2025. The results also showed a 13% increase in net fee income to £1.1bn and a 34% rise in cash at bank to £176.8 million
Tayside Public Transport Company Limited, which trades as Xplore Dundee, has announced a significant rise in turnover and profits in its latest Companies House filing. The company, which is part of Mcgill’s Group, saw its turnover climb to £21.4m for the financial period ending 29 Decemb
Aberdeen International Airport is targeting new routes and increased capacity after its pre-tax profits more than doubled to £17.2 million in 2024, up from £6.8m in the previous year. The strong performance was driven by an 8.7% rise in turnover to £56.4m and a 1.7% growth in passe

