Ahead of the Chancellor’s budget on 6 March, new research from Grant Thornton UK LLP has revealed that businesses would like to see government focus on investing in skills and training to support business growth, as the competition for talent intensifies. The firm’s latest Business Outlo
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Grant Thornton UK LLP has appointed Stuart Preston as the new practice leader for Scotland. Mr Preston is responsible for leading and growing Grant Thornton’s team of 222 people based across the firm’s Glasgow, Aberdeen and Edinburgh offices. As a partner and restructuring specialist, as
Grant Thornton UK's Scotland corporate finance team has reported a successful 2023, overcoming challenging market conditions. Led by partner Neil McInnes, the team advised on 17 deals with a cumulative value of £363 million. Four of these deals involved cross-border transactions, and 11 were r
The latest Business Outlook Tracker by Grant Thornton has shown a significant decline in mid-market business sentiment in Scotland, with a notable impact on profit expectations and investment. The December survey highlights that one-third (32%) of businesses anticipate a decrease in profits over the
Many employers are finding it challenging to motivate their Gen Z workforce and are adapting their training methods to better meet the needs of their younger cohort, according to new research from Grant Thornton UK LLP. The research, which analyses the responses of 2,000 people aged between 16
Grant Thornton UK has marked a record high in its apprenticeship programme this year, welcoming 213 school leavers, representing a 13% increase from the previous year’s 188 participants. This is the largest intake by the firm in its history.
Rising interest rates and high costs have pushed many Scottish businesses to review their spending, freeze pay increases and restructure their operations, in a bid to manage their finances, according to new research from Grant Thornton UK LLP’s Business Outlook Tracker. The survey of 51 S
Recent findings have revealed that a significant proportion of Generation Z in the UK holds misconceptions about the accountancy profession. The study, commissioned by Grant Thornton UK, which involved 2,000 respondents aged 16-25, suggests these misconceptions might be preventing many young individ
New research from the Grant Thornton UK LLP's Business Outlook Tracker has indicated that India is a vital target for international growth among mid-sized Scottish businesses. The study highlights that 36% of Scottish business leaders are planning to expand internationally within the forthcoming six
Business and financial adviser Grant Thornton UK LLP has migrated its Edinburgh office to a new state-of-the-art workspace located on the fifth floor of 7 Castle Street. With 4,200 sq ft at the refurbished 11,983 sq ft Grade A office building, the new space provides the Scottish team with a sustaina
In the year since the UK government announced the creation of investment zones, Scottish mid-market business leaders remain unconvinced of their efficacy in contributing to the 'Levelling Up' agenda.
In an environment of soaring interest rates and stubborn inflation, UK households continue to feel the sting of the ongoing cost of living crisis, with a cumulative loss of £65 billion in spending power forecast by May 2024, according to research by Grant Thornton UK and Retail Economics.
Grant Thornton UK's Scotland corporate finance team has witnessed an impressive first half of 2023, successfully overseeing eight deals in H1, totalling more than £175 million. Most recently, the team, led by partner Neil McInnes, advised on Ancala Partners' investment into Noventa Energy
During Mental Health Awareness Week (15-21 May) new data has shown that almost two thirds (61%) of mid-market business leaders say the uncertain economic climate is negatively affecting their stress levels and mental wellbeing. Grant Thornton UK’s bi-monthly Business Outlook Tracker research,
Julie Tait and Stuart Preston, of Grant Thornton UK LLP, have been appointed as administrators of Yes Recycling (Fife) Limited. The company entered administration last Thursday 20 April 2023 as a result of cash flow difficulties stemming from its inability to operate at full capacity.