Grant Thornton

Grant Thornton UK's Corporate Finance team has advised on the sale of education-technology (EdTech) company Sumdog to a Scandinavian buyer, eEducation Albert (Albert), with more activity in the sector expected amid significant investor demand. Headquartered in Edinburgh, Sumdog was founded in 1994 a

With job vacancies in the UK reaching a record high, new research from Grant Thornton UK finds that the ‘great resignation’ is severely impacting Scotland’s mid-market. Of the 50 mid-sized businesses in Scotland surveyed for the firm’s latest Business Outlook Tracker, over ha

Ahead of Scottish Apprenticeship Week next month (7-11 March), new research from Grant Thornton shows that Scotland’s mid-market is increasingly making use of apprenticeships as a means of upskilling their people at all levels. With job vacancies and resignations at record highs, Grant Thornt

New analysis from Grant Thornton has revealed that overseas interest was a significant force in deal activity in the UK retail sector in 2021, with overseas acquirors present in 43% of deals across the year, the highest level of activity seen in a decade.

Ahead of National Apprenticeship Week (7-13 February), new research from Grant Thornton shows that the mid-market is increasingly making use of apprenticeships as a means of upskilling their people at all levels.

An upturn of confidence following the gradual easing of Covid restrictions is fuelling an increase in investor confidence and sparked a record year for the Scottish Corporate Finance team at Grant Thornton. Over the last calendar year, the team completed 13 deals across the country, totalling £

Scottish mid-market firms are still facing challenges relating to the implementation of hybrid working, according to new research from Grant Thornton UK LLP.

The confidence and resilience of Scottish businesses that held up well during the roller-coaster journey through 2021 is facing another dip over the impact of Covid this winter, according to Grant Thornton's Business Outlook Tracker.

With HMRC’s ‘light touch’ approach to IR35 compliance enforcement set to end in April 2022, Grant Thornton UK's latest Business Outlook Tracker has found that mid-market businesses in Scotland lack confidence that they will comply with IR35. The survey found that nearly h

Accountancy firm Grant Thornton has been slapped with a financial sanction of nearly £720,000 in connection with failings in its audits of Interserve. Interserve, a major outsourcing company, went into administration in 2019 after financial restructuring plans drawn up by the company’s l

One in three (31%) mid-market businesses believe the increased tax burden is a top threat to future growth, according to a survey ahead of the Chancellor’s Autumn Statement. The findings from business advisory group Grant Thornton show that the increased tax burden is considered as big a threa

The Highland Council demonstrated sound financial management during a challenging financial year, an external audit by Grant Thornton has concluded. Auditors found that the council had improved financial performance, significantly improving the reserve position, and had made good progress on recomme

As major disruption to supply chains continues across the country, Grant Thornton UK LLP’s latest Business Outlook Tracker finds that a perfect storm of temporary and structural supply chain challenges, from changing Brexit regulations to production delays, are threatening to create a winter o

The Financial Reporting Council (FRC) has fined accountancy firm Grant Thornton more than £2.3 million for failings and a 'serious lack of competence' in its audits of restaurant chain Patisserie Valerie. Patisserie Valerie collapsed in January 2019 as allegations of fraud encompassed the comp

Scottish businesses should prepare for a flood of letters from HMRC as furlough draws to a close and the UK Government looks to recoup a suspected £7 billion of fraudulent or erroneous Coronavirus Job Retention Scheme (CJRS) claims, according to business advisers Grant Thornton. HMRC is moving