Grant Thornton

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FRP Advisory, the liquidators of Patisserie Valerie, has launched a £200 million legal claim against the cake chain's auditor Grant Thornton. Patisserie Valerie went into administration in January 2019 following the emergence of an accounting scandal.

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Scottish mid-market business leaders are bullish about the impact of Brexit, according to new research from business and financial adviser Grant Thornton UK LLP. The company's research finds that roughly a quarter (24%) of Scottish mid-market business leaders do not expect Brexit to have any impact

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The Financial Reporting Council (FRC) has criticised Grant Thornton after its Audit Quality Inspection revealed five out of six of the firm's local audits fell below the expected standard. Grant Thornton was singled out by the accountancy regulator after it investigated 15 major audits of health aut

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Accountancy firm Grant Thornton has ended a long-running legal battle over its failure to expose a fraud at a former client, AssetCo, leaving it facing a bill of £28.6 million. On Friday, the firm told fire-engine leasing service AssetCo, that it would not pursue a further appeal.

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Debbie Mayor, director at accountants and business advisers Grant Thornton, reveals why businesses must adopt a similar approach to that taken by Holyrood policymakers in easing lockdown restrictions. Throughout the COVID-19 lockdown businesses of all sizes have demonstrated remarkable agility and r

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The majority (88%) of mid-market businesses in the UK have made fundamental changes to their business model during the coronavirus pandemic, according to new research from Grant Thornton’s International Business Report. The research also found that 50% of firms are planning to continue with th

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Grant Thornton has announced that it will be making a series of redundancies, making it the first large UK accountancy firm to issue job cuts during the coronavirus pandemic.The firm's Scottish arm is led by managing partner Andrew Howie and employs 180 staff across its three offices based in Aberde

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Accountancy firm Grant Thornton has issued pay cuts and slashed the hours of an estimated 300 UK employees as the firm attempts to reduce running costs without drawing on government coronavirus support. Grant Thornton said that some teams in areas where the firm was less busy would be working &

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Accountancy firm Grant Thornton has reported a 90% drop in its audit profits after facing a difficult year where it was put under an investigation by the Financial Reporting Council (FRC). Grant Thornton made a £1 million profit from audits in the 18 months to January 2020, a decrease from &po

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The UK's biggest rent-to-own company, BrightHouse, has collapsed, with Grant Thornton appointed as administrators. Chris Laverty, Trevor O’Sullivan and Helen Dale have been appointed as joint administrators of the firm. 

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