Wood Group's chief financial officer, Arvind Balan, has resigned with immediate effect after admitting to misrepresenting his professional qualifications.
Accountancy
Moore Global, one of the UK's largest mid-tier accountancy groups, has announced record revenues for 2024, boosted by private equity investment. The network of 227 member firms across 114 countries saw a 13% increase in revenue, reaching $5.1 billion (c. £4bn). While some of this growth came f
Almost six months after acquiring Glasgow accountancy and wealth management firm Milne Craig, Azets has unveiled ambitious plans to achieve double-digit growth across its Scottish operations in the coming year. Nearly 100 former Milne Craig staff will move into Azets’ Braehead office, increasi
Dains Group, which recently acquired Glasgow-Based Consilium Chartered Accoutants, has formed a new partnership with Xero, the global small business platform providing cloud-based accounting solutions. For years, Dains has utilised Xero to deliver reliable and efficient cloud-based accounting servic
More than four-fifths (83%) of young people in Scotland have said there is not enough information given to them about apprenticeships when considering their career options, a new survey by BDO has found. Of this group, 59% say more work needs to be done to connect young people with local businesses
Henderson Loggie has announced its move to larger premises in the heart of the capital, marking an exciting new chapter after six successful years in Edinburgh’s Thistle Street and 25 years in Edinburgh. The relocation to the Stamp Office building at 10-14 Waterloo Place provides Henderson Log
KPMG, PwC, Deloitte, and EY, have significantly reduced graduate hiring and shed thousands of jobs as they grapple with a prolonged downturn in the professional services sector.
Iain Greig, a 38-year-old accounts junior at MHA, one of the UK's largest accountancy firms, has taken an unconventional path to his current role. It’s not often an aspiring accountant’s previous work experience includes 7,000 skydives, but MHA’s latest recruit is certainly a real
The value of venture capital (VC) investment in Scottish start-ups increased 14% in the final quarter of 2024, according to KPMG’s latest Venture Pulse report. A total of £92.3 million was raised by the country’s start-ups from October to December, up from the £80.9m raised i
The number of new UK technology incorporations in Scotland rose 5% in 2024 compared to 2023 figures, in contrast to the UK data, which saw a 5% reduction in the number of new tech incorporations, according to analysis by audit, tax and consulting firm RSM UK. The data shows a total of 1,663 new tech
Scotland’s cities and sectors are emerging as key drivers of international investment, according to the latest Foreign Direct Investment (FDI) Report published by Irwin Mitchell and Wright, Johnston & Mackenzie LLP (WJM). The report highlights Scotland’s pivotal role in attracting ov
Research amongst 1,500 UK parents with children aged 0-15 years, conducted by 3Gem on behalf of Scottish Friendly, shows six out of 10 (58%) of parents are concerned their child won’t be able to afford to live independently. With over half (55%) worried that the cost of the deposit for a rente
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
The imminent shift to real-time payroll reporting represents a transformative change for businesses, according to Wbg. Set to take effect in April 2026, the new real-time payroll reporting rules will require businesses to report income tax and Class 1A National Insurance Contributions (NICs) for mos
The North-east of Scotland's finance, tax, and accountancy firms are set to be celebrated at the inaugural Finance & Accountancy Business (FAB) Awards. The event celebrating trailblazers and top performers who are driving the region's financial sector forward, will be held at Aberdeen’s Un