Scotland’s accountancy profession looks set to have two leading representatives sitting in the new Scottish government, thanks to the Liberal Democrat party, write our parliamentary staff.
As ‘Accountancy Age’ went to press, party leader Jim Wallace was negotiating with prospective Labour first minister Donald Dewar to form a coalition government in Edinburgh and was expected to secure cabinet posts for two Liberal Democrats.
Wallace, the son of an accountant and for many years the parliamentary adviser to the Scots ICA, is certain to fill one of the cabinet posts; and new Scottish MP Ross Finnie, a member of the Scots ICA since 1970, is likely to fill the other.
Finnie, who is married and has two children, runs his own accountancy and corporate finance firm, Ross Finnie & Co, in Greenock, Renfrewshire.
He was elected on the regional list for Scotland West after coming second to Labour in the first-past-the-post elections for Greenock and Inverclyde.
During the election, he was his party’s spokesperson on economics and finance and he is expected to be given similar responsibilities in the new Scottish government.
Wallace, who has been a Westminster MP since 1983, won the Orkney seat in the Scottish election on the first-past-the-post poll.
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
In our latest managing partner Q&A looking towards 2017, CVR Global's Richard Toone talks about recruitment, and the potential threat of competition from the legal sector, as key issues for the firm in the coming year
Deloitte to avoid tendering for government contracts over the next six months, to appease Theresa May following consultant's report that painted a less-than-flattering picture of Brexit plans
In our first Q&A looking towards 2017, Menzies senior partner Julie Adams flags up increasing digitisation, aligned with more hands-on consultative services, as the key mix for her practice