Grant Thornton



Grant Thornton: Pandemic drives business model change for UK mid-market firms

The majority (88%) of mid-market businesses in the UK have made fundamental changes to their business model during the coronavirus pandemic, according to new research from Grant Thornton’s International Business Report.

Published 15 July 2020

FRC fines Grant Thornton almost £2m for breaching ethical standards

The Financial Reporting Council (FRC) has fined Grant Thornton for repeated breaches of ethical standards.

Published 9 July 2020

Grant Thornton first to announce redundancies

Grant Thornton has announced that it will be making a series of redundancies, making it the first large UK accountancy firm to issue job cuts during the coronavirus pandemic.The firm's Scottish arm is led by managing partner Andrew Howie and employs 180 staff across its three offices based in Aberdeen, Edinburgh and Glasgow.

Published 12 June 2020

Begbies Traynor acquires 503 Scottish personal insolvency cases from Grant Thornton

Begbies Traynor Group has acquired a portfolio of 503 Scottish personal insolvency cases, including a team of five fee earners, from Grant Thornton UK LLP.

Published 1 June 2020

Grant Thornton issues pay cut and reduces hours

Accountancy firm Grant Thornton has issued pay cuts and slashed the hours of an estimated 300 UK employees as the firm attempts to reduce running costs without drawing on government coronavirus support.

Published 21 April 2020

Grant Thornton reports 90% drop in audit profits

Accountancy firm Grant Thornton has reported a 90% drop in its audit profits after facing a difficult year where it was put under an investigation by the Financial Reporting Council (FRC).

Published 8 April 2020

BrightHouse collapses amid coronavirus lockdown

The UK's biggest rent-to-own company, BrightHouse, has collapsed, with Grant Thornton appointed as administrators.

Published 31 March 2020

Grant Thornton announces raft of senior promotions and new hires

Business advisory firm Grant Thornton has announced a raft of senior promotions and new hires in its Scottish restructuring and forensic investigations teams, taking the headcount to 20 specialists across its Glasgow, Edinburgh and Aberdeen offices.

Published 12 March 2020

Grant Thornton: Leadership progress for women stalls despite gender diversity action taken by businesses

Leadership progress has stalled for women despite businesses taking more action than ever to increase gender diversity, according to Grant Thornton's International Business Report.

Published 6 March 2020

FRC announces sanctions against Grant Thornton

The Financial Reporting Council (FRC) has announced sanctions against Grant Thornton UK LLP.

Published 10 December 2019

Grant Thornton leads sale of McConechy's Tyre Service to Halfords

A team from Grant Thornton Corporate Finance has led the sale of Ayr-based McConechy's Tyre Service Ltd to Halfords Group Plc.

Published 7 November 2019

Grant Thornton cuts partner pay following audit tensions

Grant Thornton has cut pay for its partners and delayed its accounts following a difficult year where it was investigated by the Financial Reporting Council (FRC) for unacceptable performance on audits.

Published 1 November 2019

QuickQuid collapse plunges one million customers into uncertainty

The largest payday lender in the UK, QuickQuid, has fallen into administration and left more than one million customers facing financial uncertainty.

Published 28 October 2019

Grant Thornton appoints Nicola Thomas and Vikki Macleod to its Growth 365 team

Business advisory firm Grant Thornton has expanded its Growth 365 service in Scotland with the appointment of two senior industry experts Nicola Thomas and Vikki Macleod.

Published 8 October 2019

Grant Thornton appoints senior manager Susan Roberts and assistant manager Yomi Solanke

Business advisory firm Grant Thornton has announced the appointment of senior manager Susan Roberts and assistant manager Yomi Solanke in its Aberdeen office.

Published 5 September 2019