New research released today by KPMG has revealed boosting their savings would be a top priority if the impact of the cost-of-living crisis was to ease. KPMG UK’s Consumer Pulse survey gauged the quarterly confidence and buying behaviour of 3000 UK consumers across regions, ages and income grou
Accountancy
The Institute of Chartered Accountants of Scotland (ICAS) has made history by hosting over 400 accounting students from throughout the UK at its inaugural national induction day at the Edinburgh International Conference Centre. The event is a key part of ICAS's revamped approach to training fut
Professional bodies Chartered Accountants Ireland and the Institute of Certified Public Accountants in Ireland have merged into a single entity. Over 37,000 members of the two Irish-based accountancy bodies first voted on an amalgamation proposal in February 2024 with a majority of members voting in
Total UK fintech investment hit $7.3 billion in the first half of 2024, up from $2.5bn in the same period in 2023, according to KPMG’s latest Pulse of Fintech report, a bi-annual report on fintech investment trends published this week.
Wbg, the independent accounting advisory, audit and tax firm, has made two senior appointments to newly created roles to drive forward its growth plans. As people & culture partner, Victoria Kirkhope’s role is to lead the people and culture agenda across Wbg to help underpin its ambitious
UK accountancy firms have praised the Institute of Chartered Accountants of Scotland (ICAS) for its redefined and market-leading approach to accountancy training. The new approach is already delivering impressive results for students and businesses alike through an evolved delivery model that gives
The Institute of Chartered Accountants of Scotland (ICAS) has urged the next UK government to prioritise audit and corporate governance reform to rebuild trust in businesses and safeguard livelihoods. The call is part of ICAS’ five key asks for the next government aimed at building a more sust
The NHS has become the latest organisation to be impacted by a cyber-attack on a third-party supplier providing critical services, causing huge disruption to patient care. RSM UK says this latest attack highlights the growing risk to organisations as cyber criminals continue to target third-party se
As part of its growth plan with Sumer Group, Dundee-based accountancy group EQ Accountants has announced that it will merge with Grangemouth-based Yates & Co. The firm will join EQ just one month after Douglas Home & Co joined the firm.
ACCA, the global accountancy body, has published its latest five-point policy plan. In ‘Accounting for a better world: An ACCA policy prospectus for the UK’, ACCA sets out clear goals and aims which will help the UK strengthen its position on sustainable business, global trade, AI, and t
Several accountancy and financial services firms, including Big Four firms Deloitte and KPMG, have rescinded job offers to international students following the UK government's decision to raise the minimum salary thresholds for skilled worker visas. They are not the first and will not be the last, a
In response to evolving global ESG reporting regulations, AAB Group has introduced a dedicated ESG division. In the last year ESG reporting changes have been written into EU regulations and will be written into UK regulations over the next three years, impacting a range of businesses from larger com
Dundee-based accountancy firm Ashton McGill, which is founded by father and son Alasdair and Andrew McGill, has announced a 41% increase in annual turnover for 2023. The business attributes this success to an increased portfolio of clients across Scotland, which has propelled it towards achieving a
The Institute of Chartered Accountants of Scotland (ICAS) has marked a record year with the highest number of annual admissions in its 170-year history. Nearly 850 Chartered Accountants (CAs) joined the profession at its annual admission ceremony on 13 April.
In a significant expansion, two Borders accountancy firms, Hogg & Thorburn and JRW, have formally merged. Having taken effect on 6 April 2024, the amalgamation forms JRW Hogg & Thorburn, marking a milestone in the histories of these long-established firms.