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Accountants from EY and PwC are set to face questioning in the upcoming sixth phase of the Williams Inquiry, shedding light on their role in the Post Office scandal linked to the Horizon IT system.

EY has extended the tenure of its UK chair, Hywel Ball, for a second time, allowing him to continue leading the Big Four firm beyond the mandatory retirement age of 60. Mr Ball, 61, who has been at the helm since 2020, received a further one-year extension, taking his leadership role until June 2025

Mar Hall Hotel, Golf and Spa Resort, one of Scotland’s most established hotels, has been acquired by Dubai-based Dutco Group, supported by investment and asset management firm, Align Partners.

The UK economy has faced a downturn in October, with a contraction observed across all major sectors, which saw GDP fall by 0.3% month-on-month. The decline was notably consistent with the sluggish trends indicated in recent business surveys. The EY ITEM Club's chief economic advisor, Martin Be

EY has intensified its redundancy efforts in the UK with the planned the termination of an additional 150 jobs, bringing the total number of redundancies this year to 300.

Big Four accounting firm EY is considering leaving its London headquarters as the shift towards remote working continues to impact office demand.

Resilient consumer spending may have helped the Scottish economy avoid a recession, but economic growth has been flat since Q2 of 2022 and will remain into 2024 when GVA is expected to rise by 0.3%, according to the EY ITEM Club Scottish Autumn forecast. The forecast adds that sentiment among busine

EY has announced that Janet Truncale has been elected its next global chair and CEO, becoming the first woman to lead a big four firm. Ms Truncale is currently serving as regional managing partner, EY Americas Financial Services Organization (FSO). In this role she leads a diverse team of more than

The contest to select EY's next global leader has been marred by internal disputes regarding the consideration of age in the appointment process.

EY Scotland has welcomed the appointment of nine new partners, 150 promotions and 100 graduates and apprentices, as the firm announces record UK revenues of £3.8 billion in FY23. The partner appointments include seven internal promotions and two external hires, across Edinburgh and Glasgow, br

Despite prevailing economic challenges, the UK is poised to evade a recession, although growth is anticipated to be slow through 2023 and 2024, the EY ITEM Club's Autumn Forecast has revealed. Following a better-than-expected start to the year, GDP growth expectations for 2023 have been upgraded sli

Nationwide reported a notable 0.8% month-on-month dip in house prices in August, reflecting the largest annual drop since July 2009 with values down by 5.3%.

Andrew Dolliver, Kris Aspin and Joseph Luke Charleton, of EY-Parthenon, have been appointed joint administrators to Renfrewshire-based Mar Hall Golf & Spa Resort. Originally built in 1845, the hotel employs 118 staff and is located on a 240-acre woodland estate near Glasgow. 

Another rate hike in September may be less likely after recent data from the flash composite Purchasing Managers’ Index (PMI) for August recorded a decline in private sector activity. This breaks the consecutive six-month expansion streak. Although the chief economic advisor to the EY ITEM Clu

Big four firm EY has informed its UK staff of imminent reduced pay rises and smaller bonuses for this year, amidst slowing demand for consulting services.