Today’s news in brief – 5/2/2025

Grant Thornton UK has committed £1m to a business transformation programme with Data Literacy Academy, focusing on a data-driven digital mindset. Unlike conventional data training, this initiative emphasizes innovation and cultural change alongside technical skills. The ‘3D’ programme will train partners, directors, and associates in data leadership, digital skills, and future technologies. Alan Dale, head of data, digital, and technology, highlighted the need for upskilling in an evolving field. Data Literacy Academy CEO Greg Freeman praised Grant Thornton’s commitment to empowering its workforce. This investment continues the firm’s broader digital transformation strategy for clients and professionals. Brown and Co has acquired BookSmart Accounting in a six-figure deal, securing jobs for its four employees. Founder Lydia Read-Potter, who established the firm in 2019, will now focus on her role as a lecturer at Kendal College. This marks Brown and Co’s fifth acquisition in seven years, following its purchase of Ingalls of Kendal in 2023. Read-Potter emphasized that Brown and Co aligns with BookSmart’s values and technological approach. Managing Director Chris Brown welcomed the team, emphasizing opportunities for independent firms amid market consolidation. Rebbalt Advisory and Napthens Solicitors facilitated the deal’s financial and legal aspects. ICAEW has introduced a free Sustainability Accelerator Programme to equip chartered accountants with the expertise needed for sustainability and ESG reporting. Designed in consultation with industry experts, it offers over 50 hours of bite-sized learning, covering sustainability strategy, risk management, reporting, and assurance. The programme includes an ICAEW Sustainability Certificate and practical tools to integrate sustainability into financial decision-making. Richard Spencer, ICAEW’s sustainability director, highlighted its role in preparing businesses for a resilient future. The initiative aims to simplify complex sustainability topics, empowering finance professionals to drive sustainable practices within their organizations. Evelyn Partners has become the founding partner of the Edinburgh Futures Institute’s Compassion in Financial Services Hub. This initiative aims to foster an inclusive, sustainable, and ethical financial system by connecting industry leaders with policymakers, academics, and communities. The hub will conduct research, student-led projects, and outreach activities, supported by Evelyn Partners’ philanthropic funding. The firm will also host events at the Futures Institute’s newly renovated space in Edinburgh. Evelyn Partners’ Andrew Middleton and Hub co-director Tobi Schneider emphasized the partnership’s goal of promoting long-term, socially responsible financial practices that benefit businesses and society alike.