COVID throws UK's FDI lead over Europe into question, EY finds

The impact of the coronavirus pandemic on the global economy has shifted investor priorities and is expected to have a significant impact on UK Financial Services Firms’ investment plans over the coming year, according to EY’s latest UK Attractiveness analysis for financial services.

Published 30 November 2020

EY: Scotland has 'strong base' for foreign direct investment strategy

Scotland has "more than a solid base" for a future foreign direct investment (FDI) strategy, EY Scotland has said following the publication of a new survey.

Published 19 November 2020

Chris Sanger: Lack of an Autumn Budget doesn’t stop Treasury making tax policy announcements

Chris Sanger, EY’s head of tax policy, discusses the recent tax policy announcements made by HM Treasury.

Published 13 November 2020

EY: Scotland competes as a top UK location of choice for financial services

Relocating out of other UK locations, such as London and the South East, is the leading reason for investment in Scotland’s financial services sector, according to a first of its kind market report by EY.

Published 21 October 2020

Big Four hike fees after regulations tighten

Audit fees at the Big Four accountancy firms Deloitte, PwC, EY and KPMG increased by 6.9% last year as they increased their charges to account for tougher regulations introduced by the regulator. 

Published 20 October 2020

Scotland records UK's smallest increase in profit warnings

Scottish listed companies recorded the smallest increase in profit warnings across the UK during the first three-quarters of 2020, according to new analysis from EY.

Published 19 October 2020

EY: One in nine firms are ready for Brexit

With less than 100 days to go before the UK leaves the EU, there are still an alarming number of businesses which simply don’t have a grasp of the risks they face of not being prepared for Brexit, according to a new poll by EY.

Published 12 October 2020

EY: IPO activity starts to return as the market adapts to new COVID-19 environment

After a quiet second quarter, there has been a resumption of Initial Public Offering (IPO) activity as both the Main Market and AIM have adapted to operating in a predominantly virtual environment as a result of COVID-19, according to EY’s latest market tracker IPO Eye.

Published 8 October 2020

EY announces three partner promotions

EY has strengthened its leadership in Scotland with three internal partner promotions, as Julie Cavin and Nicola McIntyre, both in the audit service line and Iain Wintour in tax bring the partner total in Scotland to 33.

Published 1 October 2020

JP Morgan transfers €200bn to Germany in preparation for Brexit

America's largest bank, JP Morgan, is transferring around €200 billion (£184 billion) from the UK to Germany as it prepares for Brexit.

Published 24 September 2020

Scottish businesses compete for the EY Entrepreneur of The Year 2020 Award

Six entrepreneurs from five Scottish businesses have made the shortlist as finalists competing for the prestigious EY Entrepreneur of the Year UK Award.

Published 17 September 2020

UK bad loans bill falls by £10bn

The expected bill for unsustainable debts to UK firms has dropped by £10 billion to 'only' £20bn, according to TheCityUK.

Published 15 September 2020

None of Scotland's 48 listed companies has a black executive

Not one of Scotland’s 48 listed companies features a black executive on its senior management team, according to new research conducted by The Ferret.

Published 7 August 2020

A new partner and associate partner join EY’s tax team in Scotland

EY in Scotland has welcomed Moray Barber to the firm as a tax partner based in Aberdeen who will primarily serve the energy sector. His appointment follows that of Duncan Reoch as associate partner who joined in March.

Published 4 August 2020

EY: Profit warnings hit a record high for Scotland’s listed businesses

The number of profit warnings issued by listed businesses headquartered in Scotland in the first half of 2020 (H1 2020) increased by 45% year-on-year, with 94% citing the impact of the coronavirus pandemic, according to EY’s latest Profit Warnings report.

Published 20 July 2020