Investments in fast-growth Scottish businesses cooled slightly over the summer as economic challenges and an impending global recession saw investors take a more cautious approach, according to KPMG’s latest Venture Pulse Survey. Scotland’s scale ups attracted £117m of venture capi
Accountancy
Hamilton Mullan Law Accountants has promoted Nicole Morgan to senior law accountant. Ms Morgan joined the firm in January 2018 as a trainee.
Audit, tax and consulting firm RSM UK has announced 40 new promotions to director, including the firm’s Scotland and Northern Ireland offices. RSM UK has strengthened its tax faculty with the promotion of corporate tax specialist Will Simpson in Edinburgh. In Northern Ireland, Kieran Jones has
Wylie & Bisset, accountants and business advisers, has appointed Sue Brook as senior manager of its burgeoning internal audit team. With significant experience of governance reviews and having been involved in a range of commissioned investigations, as well as risk, performance and finance revie
A new survey from ACCA UK (the Association of Chartered Certified Accountants) and The Corporate Finance Network (The CFN) has revealed that a staggering 79% of SMEs believe the current energy support package for businesses is insufficient. The SME Tracker contextualises the ongoing
Sonomatic Limited has acquired the assets of Innospection Ltd, the Aberdeen-based global provider of advanced inspection services and support of onshore and offshore topside, splash zone and subsea assets, saving 7 highly skilled jobs. Graham Smith and Iain Fraser of FRP Advisory were appointed join
Restructuring and insolvency specialists Dunedin Advisory discusses the implication of Bounce Back loan on the UK economy. Covid bounce back loans were introduced by the Government in early 2020 in response to difficulties experienced by small businesses during the Covid 19 Pandemic and subsequent l
EY has welcomed 13 partners along with nearly 100 new graduates and apprentices to its Scotland practice this year as part of the firm’s continued investment in its Scottish business. Across the UK, EY strengthened its partnership with 120 new equity partners – including the promotion of
Heriot-Watt University has been ranked as the best Scottish university for landing a role at a big four accountancy firm (PwC, Deloitte, EY and KPMG) according to a new analysis of LinkedIn data. As undergraduates return for their final year of university this Autumn, many will have their mind set o
Deloitte has announced its intention to purchase the business and assets of Reformis, a specialist investment management technology and data firm. Founded in 2003, Reformis, a global business with approximately 90 employees, provides technology, business and change management consultancy services to
PwC has expanded its Scale programme, in support of growing tech companies, with the launch of its first Stablecoin cohort. It features four high-quality Stablecoins delivering transformative use cases for the payments ecosystem.
Andrew Poxon has been appointed head of the North & Scotland division for Leonard Curtis which includes offices in Glasgow, Bury, Manchester, Preston, Chester, and Liverpool. The move is part of a new management structure that has been put in place to accelerate and promote a focus on growth.
Total company insolvencies in England and Wales in the second quarter of 2022 reached their highest quarterly level since 2009, according to the latest figures published by the Office for National Statistics (ONS). The ONS said the rise had been driven by creditors' Voluntary Liquidations (CVLs).&nb
Michael Reid, managing partner at Meston Reid & Co, highlights the need for well managed accounts. There has been a marked increase over the last few months in those seeking independent and experienced advice about the financial condition of their business because the overt signs are that the bu
The Financial Reporting Council (FRC) has commenced an investigation in relation to the audit conducted by Mazars LLP of the financial statements of Studio Retail Group plc. The investigation concerns the period ended 26 March 2021, a month after the group was purchased by Mike Ashley's Frasers Grou