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

ACCA & EY: Embracing digital is key to transforming work experience for accountants

Future work for accountancy and finance professionals is set to be transformed for the better through an increase in the adoption of digital technologies, according to a new report from The Association of Chartered Certified Accountants (ACCA) and EY. 

Published 14 July 2020

Scottish Government urged to match England's stamp duty cut

Scotland's finance minister Kate Forbes is being urged to match England's stamp duty tax cut for house buyers.

Published 9 July 2020

Scottish business broadly welcomes chancellors 'tax less, spend more' statement

In yesterday's summer economic statement, chancellor Rishi Sunak announced a number of measures aimed at supporting the UK economy in the wake of the coronavirus pandemic, such measures include a temporary 5% VAT cut for the food and hospitality industry.

Published 9 July 2020

Big Four ordered to separate audit practices

The Financial Reporting Council (FRC) has ordered the UK's Big Four accountancy firms to separate their audit practices by June 2024.

Published 6 July 2020

Accountancy veteran Aidan O'Carroll steps down from EY

Scottish accountancy veteran Aidan O’Carroll is stepping down from his role as senior partner at EY after 35-years at the firm.

Published 3 July 2020

Legal action launched against EY over Wirecard scandal

The Financial Times has reported that EY partners have been briefed on the upcoming legal action filed against them concerning its audit of German payments company Wirecard.

Published 29 June 2020

EY: Scotland bucked trend to increase financial services foreign direct investment in 2019

Scotland increased its share of financial services foreign direct investment (FDI) in 2019 and secured Europe’s largest international investment project in terms of job creation, while project numbers across Europe fell, according to the latest EY UK Attractiveness Report for Financial Services 2020.

Published 22 June 2020

EY: Scotland inward investment increased at a faster pace than the UK in 2019

Scotland has established a comparatively strong position within the UK in terms of attracting Foreign Direct Investment (FDI) having recorded an increase in both the number and share of UK projects in 2019, according to the EY Scotland Attractiveness Survey 2020.

Published 28 May 2020

Profit warnings for Scottish companies reaches record high

The number of profit warnings by listed companies in Scotland has reached a record level in the first quarter of this year, according to the latest Profit Warning report from EY.

Published 4 May 2020

EY whistleblower awarded £8m

Big Four accountancy firm EY has been ordered to pay $10.8 million in damages to Amjad Rihan, an auditor turned whistleblower who claimed that the firm covered up evidence of money laundering.

Published 20 April 2020