Grant Thornton

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.

Grant Thornton UK has reported a 12% increase in revenue to £610 million in 2022, up from £543m the previous year. Pre-tax profits rose by only 5% to £121m due to increased costs. The firm opted to invest in pay rises, promotions, and hiring a record number of school-leavers amid i

As the Chancellor prepares his Spring Budget, new research has revealed the policy areas that Scottish mid-market business leaders hope to see prioritised. The Grant Thornton UK LLP’s latest Business Outlook Tracker found that incentives to support low carbon business strategies and incentives

If the Energy Bill Relief Scheme is not extended beyond March, or alternative government support provided, businesses will need to make tough decisions about how they manage the higher cost of energy bills, according to research from Grant Thornton's latest Business Outlook Tracker. Of the 600 mid-s

Personal insolvency firm Harper McDermott Ltd has embarked on an exciting future after it transferred to employee ownership in a transaction led by business advisers Grant Thornton UK LLP.

Despite depressing economic forecasts, Scottish mid-market business leaders are surprisingly optimistic about their growth opportunities. According to data from Grant Thornton UK LLP’s latest Business Outlook Tracker, mid-market optimism has rebounded across all indicators monitored:

New research has found that a combination of inflationary pressures, rising interest rates and high energy costs, and ongoing supply chain issues are all significantly impacting the financial viability of many mid-sized businesses. The 'Business Outlook Tracker', by business and financial advis

Grant Thornton has released its Scotland Limited Report 2022 identifying the country’s Top 100 private limited companies and exploring what lies behind their position as the nation’s most dynamic and successful businesses. The Scotland Limited Report is compiled using the most recent pub

As inflation reaches 10.1% in the UK, mid-sized business leaders in Scotland are bracing for the impact of further financial strain, with more than 1 in 4 respondents to Grant Thornton UK LLP’s August Business Outlook Tracker saying they would not have sufficient working capital to manage infl

The new Prime Minister’s inbox may well overflow with priorities, but the latest research from Grant Thornton finds that Scotland’s business community sees Levelling Up and boosting investment in Scotland as vitally important. The policy agenda, the most recent take on decades of debate