Total UK fintech investment dropped to $9.6 billion in the first half of 2022, down almost threefold (65%) from $27.8 billion in the same period in 2021, according to KPMG’s Pulse of Fintech report.
Accountancy
Simon Cowie, the managing partner of Aberdeen accountancy firm Infinity Partnership has completed a remarkable UK awards double. Mr Cowie, who established Infinity Partnership in 2009, has been named 2022 Practice Pioneer of the Year at the Accounting Excellence Awards. He previously won the individ
EY's partners will vote on the firm's break-up after leaders approved the split at a meeting this week.
A new survey of accounting professionals has shown that the accountancy industry will undergo a major digital transformation. The survey by Moss, a fintech specialising in finance management of SMEs, showed that more than half of respondents (57%) predict that accountancy will become completely clou
Azets, the accountancy firm that specialises in the SME market, has announced plans to boost staff numbers by 50% in Stirling after investing in new offices in the city. The new open plan offices are based in Kings Park House, Laurelhill Business Park and will feature the latest IT and communication
As inflation reaches 10.1% in the UK, mid-sized business leaders in Scotland are bracing for the impact of further financial strain, with more than 1 in 4 respondents to Grant Thornton UK LLP’s August Business Outlook Tracker saying they would not have sufficient working capital to manage infl
Donald Trump and his accounting firm Mazars USA, have been forced to hand over key financial records to lawmakers as part of a three years investigation into his disclosures and conflicts of interest. Carolyn Maloney, chair of the House Oversight Committee, said: “After numerous court victorie
Accountancy and business advisory firm Johnston Carmichael has appointed Stephen Oates as its new head of entrepreneurial taxes. Mr Oates, who joins Johnston Carmichael from French Duncan, has more than 17 years’ experience in tax, with significant expertise in working with owner-managed busin
Aberdeen Retail 1 Limited and Aberdeen Retail 2 Limited, the Guernsey-based owners and operators of the Bon Accord shopping centre in the centre of Aberdeen, have been placed in administration.
Dundee-based printing business Tayprint Ltd has been placed into liquidation. Ken Pattullo and Kenny Craig of Begbies Traynor have been appointed as joint provisional liquidators.
Yorkshire based commercial finance consultancy, ABL, has grown its operations in Scotland with the appointment of Neil Kindness as regional managing director. The hire follows the commercial finance consultancy’s announcement in April of a major recruitment drive as joint managing directors Al
Independent financial advisory firm, Phil Anderson Financial Services, has signed a one-year contract to sponsor the home strip of Sunnybank Football Club for the 2022/2023 season. The Aberdeen junior team recently kicked off the McBookie.com NRJFA Championship in their new home strip featuring the
Store closures by multiple retail operators have stabilised to the lowest rate in over seven years but openings have yet to recover to pre-pandemic highs, suggesting retailers are exercising strict caution in the current trading environment. This is according to PwC’s latest Store Openings and
EQ Accountants has welcomed eight new graduates as they begin their journey to become chartered accountants. Each year, EQ Accountants provides training contracts to graduates who want to train to become a chartered accountant, delivering an intensive, diverse three-year training programme across ac
Keith Tully, partner at Real Business Rescue, touches upon the ticking time bomb Scottish businesses are racing up against in the face of the Covid-19 pandemic, which takes the form of the skills and labour shortage, and ambitious technology standards embraced by thriving competitors. The coronaviru