The Financial Reporting Council (FRC) has announced sanctions against Grant Thornton UK LLP. The sanctions are held against Grant Thornton and one of its Audit Engagement Partners in relation to the statutory audit of the 2016 financial statements of a publicly listed company.
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A team from Grant Thornton Corporate Finance has led the sale of Ayr-based McConechy's Tyre Service Ltd to Halfords Group Plc. Founded in 1957, McConechy's Tyre Services Ltd is one of Scotland's largest tyre fitting and car repairs companies. It has grown to a chain of 60 branches in Scotland and No
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. The average profit per equity partner fell by £20,000 to £323,000 for the year to Jun
The largest payday lender in the UK, QuickQuid, has fallen into administration and left more than one million customers facing financial uncertainty. CashEuroNet UK, which operates the QuickQuid and On Stride brands, has stopped lending following the appointment of Grant Thornton as its adminis
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. Nicola Thomas is a food and drink industry expert who joins Grant Thornton with 20 years’ experience of advising and mentor
Business advisory firm Grant Thornton has announced the appointment of senior manager Susan Roberts and assistant manager Yomi Solanke in its Aberdeen office.
Partners at Grant Thornton saw their average distributable profit fall by eight per cent to £373,000 in the year ending June 2018, new figures reveal. Year-on-year revenues at the business and financial advisory firm fell by 1.8 per cent to £491 million, with post-tax profits of £7
Scottish businesses should prepare for a stricter enforcement of the Criminal Finances Act 2017 next year, Grant Thornton has warned. The business advisor has urged companies to implement a strategy for complying with the law, which makes firms strictly liable in criminal law for any facilitation of
Sarah Lam Grant Thornton has announced the appointment of a new marketing manager for its Scottish practice as part of its long-term growth strategy.
Scotland’s top private firms have suffered a drop in combined profits amid a climate of growing political and economic uncertainty, according to Grant Thornton. The financial and business adviser’s annual Scotland Ltd report assesses the commercial performance, in the last year, of Scotland’s
Grant Thornton has given young people in Glasgow a taste of life in the professional services world through its Access Accountancy programme.
Another week and its another legal action for RBS. It has now emerged that the 73 per cent state owned bank is being sued for £145 million by liquidators at Grant Thornton acting for the creditors of a number of fraudulent companies engaged in a VAT carousel fraud in which carbon credits were being
James Strang A new Tax Associate Director has been appointed at the Scottish firm of Grant Thornton, as the financial and business adviser implements its growth strategy in Scotland.
Frank Field MP Two key advisers on the BHS sale to Retail Acquisitions have been asked to reveal their fees.
Kevin Engel Business confidence levels in Scotland have fallen into negative territory for the first time in almost a year, making them among the lowest in the UK according to the latest ICAEW/Grant Thornton UK BCM.