New research from Grant Thornton UK’s latest Business Outlook Tracker finds that, since the lifting of legal COVID-19 restrictions in February, just over half (51%) of the 604 mid-sized businesses surveyed have adopted a hybrid working approach. This is quite a significant dip compared to resp
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Grant Thornton UK's Scottish corporate finance team has been ranked number one in the Experian Q1 League table rankings for Scotland, following an excellent start to the year.
Research from Grant Thornton UK's latest Business Outlook Tracker shows that over half (52%) are finding it harder to operate their business today, compared to 12 months ago. To manage cost pressures, 61% of respondents said that their suppliers have agreed to more flexible (longer) payment terms, a
New analysis from Grant Thornton UK's bi-annual recruitment sector report shows that deal activity in the recruitment sector for 2022 is off to a strong start with 23 deals completed in the first quarter of this year. This is compared to 18 deals completed in Q4 2021 and represents the sector’
As businesses continue to operate in an increasingly challenging environment and brace for the impact of rising cost and wage inflation and energy bills, the latest research from Grant Thornton’s Business Outlook Tracker finds that recent price increases by the Scottish mid-sized businesses ar
Ahead of Mental Health Awareness Week (9 -13 May) new research from Grant Thornton UK LLP shows that mid-market employers are looking to increase investment in supporting their people’s mental health over the next 12 months. From the 604 respondents to Grant Thornton’s latest Business Ou
Partners at Grant Thornton saw their pay rise by 35% in 2021, according to the firm's 2021 Annual Report. Grant Thornton's 190 UK partners, took home £611,000 for their work in 2021. However, this remains significantly less than partners at Big Four firms.
Business advisory firm Grant Thornton UK has strengthened its Scottish tax team with the appointment of Stephen Foster as associate director of tax and capital allowances. Mr Foester's appointment follows a series of nationwide new hires for the firm’s tax team due to strong demand from client
Grant Thornton UK has revealed that Dave Dunckley has been appointed as the firm's chief executive officer (CEO) for a second term. In line with the firm’s membership agreement, the partnership voted for Mr Dunckley to serve a second four-year term from December 2022.
Scottish accountancy firms and financial regulatory bodies have responded to Chancellor Rishi Sunak's Spring Statement announced yesterday. The Chancellor cut fuel duty by 5p per litre, which came into force from 6pm last night and will last until March next year. He also announced that the income t
Grant Thornton UK's Corporate Finance team has advised on its second Scottish EdTech deal in as many weeks, as Giglets Education has been acquired by Swedish private equity-backed ILT Education.
Nigel Morrison, Stuart Preston and Philip Stephenson, all partners of Grant Thornton, have been appointed as joint administrators of Roadbridge UK.
Grant Thornton UK's Corporate Finance team has advised on the sale of education-technology (EdTech) company Sumdog to a Scandinavian buyer, eEducation Albert (Albert), with more activity in the sector expected amid significant investor demand. Headquartered in Edinburgh, Sumdog was founded in 1994 a
With job vacancies in the UK reaching a record high, new research from Grant Thornton UK finds that the ‘great resignation’ is severely impacting Scotland’s mid-market. Of the 50 mid-sized businesses in Scotland surveyed for the firm’s latest Business Outlook Tracker, over ha
Ahead of Scottish Apprenticeship Week next month (7-11 March), new research from Grant Thornton shows that Scotland’s mid-market is increasingly making use of apprenticeships as a means of upskilling their people at all levels. With job vacancies and resignations at record highs, Grant Thornt