Joint administrators at BDO have named former chairman Alan Savage as the preferred bidder for Inverness Caledonian Thistle FC. The joint administrators have advised that the issues previously reported surrounding the writing off of loans by loan creditors and the uncertainties stemming from the pro
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Salaries have been frozen and pay rises have been delayed ahead of the rise in employers’ National Insurance Contributions (NIC), which came into force on Sunday, a new survey has found. Nearly half of Scottish businesses (44%) have taken action on pay since the October Budget to prepare for t
Over a third of Scottish mid-market businesses have said that they expect to be directly affected ‘to a significant extent’ by the US Government tariffs, according to the latest survey from BDO. Its survey of 500 mid-market businesses conducted between 24 March and 2 April - before
Inverness Caledonian Thistle's (ICT) former chairman and investor Alan Savage has tabled an £800,000 bid for a complete takeover of the football club. This move comes after the club entered administration last October due to significant debts, with administrators recently highlighting a "signi
BDO has named Craig Goold as its head of M&A in Scotland. Mr Goold has been with the firm since 2016 and has stepped up from his position as M&A managing director.
The countdown is on until entries close for The Private Business Awards 2025, sponsored by BDO. There are just two weeks to go before nominations close on 21 March 2025, with all UK registered private or PE-backed businesses with a turnover of £50m-£300m eligible to enter.
A growing number of mid-sized Scottish businesses are at risk of becoming "zombie" companies, according to research by BDO. Rising costs and challenging economic conditions are squeezing growth, with 13.5% of these firms now considered vulnerable – an increase of 0.8 percentage points versus t
Nearly half (42%) of Scottish mid-market businesses are looking at salary sacrifice schemes as a means of mitigating the impact of Budget tax changes coming into force from April, a new survey has found. BDO’s Economic Engine survey of 500 mid-market businesses found that while the use of sala
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
Scottish businesses have been invited to enter The Private Business Awards 2025, sponsored by BDO, with nominations now open to private or PE-backed businesses with a turnover of £50 million-£300m. The inaugural awards programme, which serves to celebrate the mid-sized businesses that dr
BDO's Scottish deal advisory team has advised on 35 deals in 2024 – totalling £1.6 billion in value. The completed deals were across a variety of sectors including technology, technical services and real estate, and involved acquisitive corporate clients including iomart, J&D Wilkie,
BDO LLP has strengthened its Scottish team with the appointment of Stuart Macdougall CA as an audit partner. Mr Macdougall brings 20 years’ experience of working with entrepreneurs, private-equity-backed companies and large international groups. He also has significant ESG expertise and will b
More than one third (35%) of Scottish businesses have experienced fraud in the last five years, a new survey from BDO has found. Of those businesses, 86% said they had experienced fraud in the last 12 months. Additionally, more than a quarter of respondents (29%) have seen multiple fraud incidents i
BDO has exceeded £1 billion in revenue for the first time in its century-long history. The firm attributes its 8.6% revenue rise to £1.02bn to its "continued programme of investment" and its focus on serving mid-sized businesses.
BDO LLP has announced the promotion of 70 employees across its Scottish offices, with 40 promotions in Glasgow and 30 in Edinburgh. The firm has promoted over 2,400 of its people across the UK, including 36 new partners. The promotions came into effect on 1 November.