EQ Chartered Accountants merges with Inverness firm Innes & Partners, taking Sumer Group’s Scottish hub to 310 staff

EQ Chartered Accountants, the Dundee-headquartered Scottish hub of the Sumer Group, has merged with Inverness and Livingston-based Innes & Partners, extending its footprint into the north of Scotland and adding a 20-strong team. The deal, announced on 21 August 2026, lifts EQ’s headcount by 7% from 290 to 310. That compares with 140 staff when […]

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Scottish National Investment Bank reports £138m net loss as five early-portfolio failures land in one year

The Scottish National Investment Bank recorded a net loss of £138 million for the year to 31 March 2026, its largest since launching in November 2020 and its fifth consecutive full-year loss. The result combines £65.1 million of realised losses from three early investments that collapsed into administration with £84.7 million of unrealised losses, driven […]

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