Grant Thornton

Accountancy firm Grant Thornton UK increased the average profit per partner by 6% to £682,000, as it reported strong financial performance for the year ending 31 December 2024. Net revenue climbed to £724 million, up from £654m the previous year, marking double-digit growth. Howeve

Businesses in Scotland which have adopted a hybrid working approach believe it has boosted their people's productivity and wellbeing, yet many are still keen for their people to spend more time in the office than they do currently, according to Grant Thornton UK. The firm's latest Business Outlook T

New research from Grant Thornton UK LLP’s latest Business Outlook Tracker shows a significant recent uplift in business optimism, with an increasing number of mid-sized businesses in Scotland responding proactively to rising employment costs with strategic planning. In December last year, shor

Grant Thornton UK LLP has launched a new team to deliver its national entrepreneurial and small and medium enterprises (SME) services offering. Located in the firm's Glasgow office, audit and tax partners Lynne Bicket and Colin Park will be responsible for heading up the entrepreneurial and SME serv

Grant Thornton UK LLP has strengthened its Scottish tax team with the promotion of Colin Park to partner and Cristina Pavel to director, both based in the firm’s Glasgow office. Mr Park has extensive expertise in advising owner-managed businesses and large corporate groups across Scotland and

New research from Grant Thornton UK LLP has revealed that, while many businesses expect they will need to secure additional funding to support their growth this year, the majority are currently finding it difficult to access the funding required. The firm’s research which surveyed 800 business

Grant Thornton UK LLP has signed a lease for 8,500 sq ft on the eighth floor of Aurora, a recently refurbished office development at 120 Bothwell Street in Glasgow. The accounting and consulting firm will relocate from 110 Queen Street this summer, bringing Aurora’s occupancy to 96% just five

Following the increases announced in the Autumn Budget to employer National Insurance Contributions and National Minimum Wage, UK businesses' profit growth expectations remain low and many are looking to review employee costs across the board including implementing hiring freezes, according to Grant

Mid-market business confidence has faltered ahead of the Autumn Budget on 30 October, as profit growth expectations sink to a three-year low and confidence in their funding position continues a downward trajectory since the beginning of the year, according to Grant Thornton UK LLP. The business

Grant Thornton UK has attracted interest from several private equity firms. Cinven, EQT, and New Mountain Capital (backer of Grant Thornton's US business) are reportedly shortlisted to acquire a stake in the firm. The deal could value Grant Thornton UK at over £1.5 billion.

The Scottish Chief Financial Officer Awards have returned for a second year, celebrating the talent of finance leaders and their teams across Scotland. For the event Grant Thornton UK LLP has again teamed up with fellow founding sponsors Addleshaw Goddard, FWB and Barclays Corporate Banking.

Grant Thornton UK has attracted further interest from several private equity firms, including Carlyle, Blackstone, Permira, CVC Capital Partners, Bridgepoint, and Cinven. New Mountain Capital is another potential bidder, which is exploring merging Grant Thornton's UK, Ireland, and US operations afte

Private equity firms are considering making a bid to acquire Grant Thornton UK, the sixth-largest accounting firm in the UK, with potential bids valuing the firm at around £1.5 billion. A formal sale process could kick off as early as next month. 

Julie Tait of Grant Thornton UK LLP has been appointed as provisional liquidator of Atherton Corporate Rescue Limited. Provisional liquidators have been appointed to connected companies Atherton Corporate (UK) Ltd and Atherton Corporate Rescue Limited, which offered a service to facilitate the sale

Grant Thornton's US arm, following a majority stake sale to private equity, is exploring a potential takeover of its UK and Irish affiliates. This would be a landmark deal in the accounting sector, creating a transatlantic powerhouse.