Bdo

BDO, the liquidators of the Old Co Rangers FC, are seeking £28.9 million from the club’s former administrators who have been accused of failing to effectively manage the finances of the club. Lawyers for BDO have initiated legal action against David Whitehouse and Paul Clark, claimi

Experian has announced its top financial advisers in Scotland with the release of its 2020 United Kingdom and Republic of Ireland M&A Review. Experian said that M&A activity in Scotland significantly impacted by the COVID-19 crisis and experienced its worst year on record according to its la

New data released today by BDO shows how lockdown is taking its toll on medium-sized businesses, with more than a quarter (27%) warning that they could cease trading in less than two months if restrictions do not ease. If the current lockdown lasts a further three months into April, 83% say they wou

Accountancy and business advisory firm BDO welcomed 19 new trainees last month, with even more roles available to start later in 2021. In November, BDO’s Glasgow and Edinburgh offices welcomed its 2020 cohort of trainees, with applications now open for roles starting in 2021.

Accountancy firm Mazars has repaid the £1.1 million of furlough money it received from the UK Government at the start of the coronavirus crisis. Mazars, which is the UK's ninth largest accountancy firm with over 2,250 employees, repaid the money on Monday.

Accountancy firm BDO has backed down and agreed to repay £4.1 million of furlough money after outrage over its £137m pay out to partners. On Friday, Scottish Financial News reported that partners at the firm would receive an average of £518,000 each despite receiving furlough

A further £3.1 million has been cut from the tax bill owed by the firm which formerly owned Rangers Football Club. Sources in the financial sector told The Times that it appeared the bill was likely to be reduced further as liquidators said they were having “positive discussions” w

Accountancy firm BDO has backed down and agreed to repay £4.1 million of furlough money after outrage over its £137m pay out to partners. On Friday, Scottish Financial News reported that partners at the firm would receive an average of £518,000 each despite receiving furlough

A further £3.1 million has been cut from the tax bill owed by the firm which formerly owned Rangers Football Club. Sources in the financial sector told The Times that it appeared the bill was likely to be reduced further as liquidators said they were having “positive discussions” w

Accountancy firm BDO is to pay its partners an average of £518,000 each, despite receiving furlough money at the start of the coronavirus pandemic. The firm revealed that the annual payout to its 264 partners reached £137 million and that it has decided to retain the furlough money it re

Medium-sized businesses in Scotland predict a strong recovery once a COVID-19 vaccine is rolled out, according to new data from BDO. The latest BDO Rethinking the Economy survey showed that 56% of Scottish businesses predict they will fully recover in less than six months once a vaccine for COVID-19

Medium-sized businesses in Scotland believe COVID-19 will worsen the UK’s north/south economic divide, according to a poll of 500 business leaders published today by accountancy and business advisory firm BDO.  According to the survey, 30% of medium-sized business leaders believe the outb

The Spanish division of accountancy firm BDO is facing a €100 million fine over a fishing company's accounts. BDO's Spanish division was the auditor of Pescanova, a Galician foods group, for over ten years before the firm filed for insolvency in 2013, having incurred debts of more than &eu

Graham Newton and Ryan Grant of BDO LLP have been appointed joint administrators of Dave Whelan Sports Limited (DW Sports). DW Sports currently operates 73 gym and 50 retail sites in the UK, 25 of the stores have already closed prior to the firm's administration.

The majority (90%) of medium-sized businesses in Scotland can only continue trading for up to nine months with current funding arrangements, according to new research from accountancy and business advisory firm, BDO. BDO’s second Re-thinking the Economy survey reveals that medium-sized busines