Reading time: 4 minutes
The Financial Reporting Council (FRC) has imposed financial sanctions against audit firm BDO and Geraint Jones, an audit engagement partner in relation to the audit of the financial statements of NMCN. BDO has been fined £2 million for its audit of the firm in 2019, while Mr Jones recieved a f
Reading time: 3 minutes
Aberdeen Investments has appointed Herman Bots as global head of its equities franchise, which has £46 billion assets under management and over 100 investors. He joins after seventeen years at APG, one of the world’s largest pension investors, most recently as managing director of equiti
2 minutes
Knight Frank has appointed Steve Dunbar to lead it's new ratings advisory service, with the deadline for the latest appeals process fast approaching. Mr Dunbar has joined Knight Frank as rating advisor, spearheading the new offering. Based in the firm’s Aberdeen office, he will provide support
2 minutes
RSM UK has appointed Rosemary Ford as a partner in its consulting team in Edinburgh, specialising in forensic accounting investigations. Ms Ford has over 16 years’ experience advising on complex and sensitive matters. Her expertise covers financial misconduct, accounting irregularities, suspec
3 minutes
Iain Henderson has been named as BDO's next senior partner following a vote by the firm's equity partners. He will take office on 1 October 2026, succeeding Matthew White, who will have completed the maximum of two four-year terms in the role.
2 minutes
Bk plus has appointed Calvin Bond as corporate finance partner, joining the firm's Glasgow office. Mr Bond will lead its Scottish deal advisory offering, advising SMEs, owner-managed businesses, private equity-backed businesses and private equity clients on acquisitions, business sales, growth fundi
2 minutes
Aberdeen mortgage and property specialist Alex Hutcheon + Co Solicitors has strengthened its senior management team with the appointment of Tyler McCraw as director, tasked with overseeing the firm's expanding commercial and corporate division. It marks a return to the firm for Mr McCraw who began h
Reading time: 4 minutes
The Financial Reporting Council (FRC) has imposed financial sanctions against audit firm BDO and Geraint Jones, an audit engagement partner in relation to the audit of the financial statements of NMCN. BDO has been fined £2 million for its audit of the firm in 2019, while Mr Jones recieved a f
4 minutes
Scottish finance professionals have revealed that purpose, not pay, is a defining factor in how they make career decisions, choose employers and measure their own success. The insight comes from ACCA's annual talent survey of more than 11,000 finance professionals across 160 countries and Scottish a
2 minutes
Sumer, one of the UK’s largest accounting firms, has paused its potential £1 billion auction despite attracting significant market interest from private equity investors. Founded in 2022 by former KPMG chief operating officer Warren Mead, the firm has rapidly expanded through a consolida
3 minutes
Efforts to strengthen the pipeline of home‑grown accountancy talent in the Highlands are gathering momentum, as a new networking initiative from ICAS (the Institute of Chartered Accountants of Scotland) brings students together to build connections, share experience and support long-term careers i
2 minutes
Despite the rapid integration of artificial intelligence into the UK accountancy sector, demand for professionals remains remarkably high, according to the Institute of Chartered Accountants in England and Wales (ICAEW). The accountancy body's research says AI is reshaping the profession rather than
Reading time: 3 minutes
Business confidence in Scotland rose two points during May to 50%, according to the latest Business Barometer from Bank of Scotland. Companies in Scotland reported higher confidence in their own trading outlook month-on-month, up nine points at 62%. When taken alongside their optimism in the economy
2 minutes
Scottish businesses are demonstrating remarkable resilience and optimism, outpacing the rest of the UK in commercial confidence despite ongoing geopolitical uncertainties. According to Barclays’ Q1 2026 Business Prosperity Index, 85% of Scottish firms are confident about their five-year prospe
3 minutes
More than half of Scottish businesses say a combination of supply chain pressures and higher energy and fuel costs are among their biggest challenges as they grapple with the impact of conflict in the Middle East, according to new research from accountancy and advisory firm BDO LLP. The bi-monthly s
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Scotland's mid-sized businesses could add over £500 million to annual economic output if they were able to make key decisions more quickly, according to FRP Advisory. The findings form part of FRP's Decision Economy report, produced in partnership with Development Economics, which examines the
2 minutes
Scottish jam and marmalade maker Mackays has narrowed its annual losses, with the Arbroath-based business reporting a pre-tax loss of £958,455 for the year ended 31 December 2025, compared to a restated loss of £1.22 million in the prior year – a reduction of around 22%. Turnover r
Reading time: 3 minutes
Diageo has reported a surprise return to sales growth in its third quarter, helped by distributors stocking up ahead of the Fifa World Cup, even as the drinks giant continues to grapple with a steep downturn in its critical US market. The FTSE 100 company, which owns brands including Johnnie Walker,
4 minutes
US President Donald Trump has announced the removal of tariffs on Scotch whisky imports, in a move that distillers have described as a significant boost for an industry that had been losing millions of pounds a week in the world's most lucrative export market. The decision, unveiled on Truth Social
George Iordanov-Nalbantov
3 minutes
Whisky bottler Saltire Rare Malt is expanding its US footprint with two tasting events in California this spring, marking the brand's West Coast debut as it builds on recent momentum in the American market.
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Eden Mill Distillery has appointed Steven Kersley as chief executive officer. Mr Kersley, who brings over a decade of senior leadership experience in the Scotch whisky and craft spirits industry, takes the helm with an ambitious agenda to establish a world-class spirits brand rooted in its home of S
3 minutes
The Scotch Whisky Association (SWA) has joined seven other spirits industry organisations across the UK in signing a joint statement warning that spiralling duty rates are causing serious damage to the spirits sector. The coalition, which also includes the English Whisky Guild, Drinks Ireland: Spiri
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