Ey

The UK’s accounting regulator, the Financial Reporting Council (FRC), has opened an investigation into EY regarding its 2024 audit of energy giant Shell. This marks the third instance this year that the Big Four firm has been targeted regarding potentially unauthorised auditors signing off on

The Financial Reporting Council (FRC) has opened a new investigation into EY, intensifying the regulatory pressure on the Big Four accountancy firm. The probe concerns the issuance of "unauthorised" audit reports to unnamed companies. According to the FRC, the investigation targets the firm itself a

The founders of Glasgow-based energy services firm, Union Technical, are flying the flag for Scotland after being named Scottish regional winners at this year’s EY Entrepreneur of the Year UK Awards. This recognition highlights exceptional leadership from Michael Sweeney and Owen Coyle, as wel

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.

Scotland’s financial services sector celebrated its achievements this week at the 2025 Scottish Financial Services Awards in Edinburgh. The event, sponsored by EY, recognised firms and individuals for their contributions to sustainable growth, innovation, and positive social impact over the pa

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.

EY has been accused of misleading the Financial Reporting Council (FRC) over its audit of NMC Health, as the £2 billion negligence trial concerning the collapsed hospital operator nears its conclusion.

More than half (52%) of board members appointed to UK financial services firms in the past 12 months brought technology expertise to the table – up from 36% the year prior – as AI and emerging technologies rise up the corporate agenda. The latest EY European Financial Services Boardroom

EY has been appointed as Revolut's new auditor, concluding the fintech's relationship with its former auditor BDO. The change is seen as a crucial step in the company’s prolonged effort to secure a full UK banking licence.

Businesses that undertake effective assessments of their artificial intelligence (AI) systems can better harness the technology’s potential to boost innovation, productivity, and growth, according to a policy paper published by ACCA (the Association of Chartered Certified Accountants) and EY.

The Bank of England is widely expected to cut its bank rate by 25 basis points to 4.00% at its August meeting, though the decision is unlikely to be unanimous. Two hawkish members of the Monetary Policy Committee (MPC) are anticipated to vote for holding rates steady amid lingering price pressures.

EY has named Sue Dawe its new Scotland managing partner, succeeding Ally Scott, who is moving to a UK-wide leadership role. Under Mr Scott's leadership, EY Scotland experienced sustained double-digit percentage revenue increases year on year, established a burgeoning private & mid-market platfor

Scotland’s financial services industry has the potential to increase the sector’s GVA contribution by up to 21% by 2028, according to new research by EY. The inaugural report, Accelerating Growth in Scotland’s Financial Services Sector, which is based on detailed economic anal

The Bank of England is widely expected to keep the Bank Rate at 5.25% in its upcoming meeting, although a minority of Monetary Policy Committee (MPC) members may vote for a reduction. Recent economic data is likely to have bolstered the MPC's confidence that inflation is on a sustainable downward pa

Scotland has secured 135 foreign direct investment (FDI) projects in 2024 and cemented its reputation as the top UK FDI location outside London after marking a decade in the position. Despite a drop of seven projects (-4.9%) on the year before, this is still the second highest annual number of proje