News

South Korean prosecutors have asked a court to jail the owner of a two-Michelin-star restaurant for a year after it allegedly served desserts topped with ants in breach of food safety laws. Prosecutors also requested a 20 million won (£10,108) fine for the company operating the Seoul restauran

A family-run gin distillery, which won an award last year for its production process, has been placed into voluntary liquidation with all 16 jobs lost.

Private businesses are continuing to invest in technology and skills to boost growth despite a more challenging economic backdrop, according to KPMG UK’s mid-year Private Enterprise Barometer.

The Financial Reporting Council (FRC) has published its Annual Enforcement Review 2026, highlighting recurring issues in financial reporting and audit quality while setting out changes designed to deliver faster and more proportionate enforcement outcomes. The review draws on the regulator's enforce

A Ford electrician is preparing legal action against the carmaker and catering firm Aramark after he was fired over allegations he stole a $1.95 packet of cookies.

ACCA's chief executive Helen Brand has written to the Prime Minister welcoming the government's commitment to a 10-year plan and is calling for it to include a clear, long-term vision for tax reform. Drawing on its research, the accountancy body argues that a tax system built on simplicity is essent

A Glasgow-based insolvency practitioner has been fined £10,000 and severely reprimanded after admitting breaches of professional standards relating to the sale of a bankrupt individual's property.

Business confidence fell in almost all UK nations and regions in Q2 as the fallout from the Iran war continued to wreak havoc on firms, a survey of business leaders has found.

A letter written aboard the Titanic just days before the ship's fatal voyage ended is expected to fetch up to £35,000 when it goes under the hammer.

Many women are deterred from investing because they believe it is too complicated and time-consuming, despite existing investors saying getting started is easier than expected, according to new research from trading and investment platform eToro.

Grandparents planning to provide regular financial support to their grandchildren may need tens of thousands of pounds more in pension savings to avoid compromising their own retirement, according to new analysis from Skipton Building Society.

UK inflation eased in June, with lower transport and food price pressures helping to bring the Consumer Prices Index (CPI) closer to the Bank of England's 2% target.

The Financial Reporting Council (FRC) has published its 2026 Annual Review of Audit Quality, concluding that while audit quality continues to improve across the UK market, significant differences remain between firms. The report highlights the importance of firms' Systems of Quality Management (SoQM

Financial services leader Sandy Begbie has urged the new UK government to avoid introducing new taxes and regulations that will undermine progress being made in the sector. Mr Begbie, chief executive of Scottish Financial Enterprise, will publish an update this week on the organisation's three-year-

Hero Media & Entertainment has announced the appointment of John Glover as editor of Scottish Financial News. He joins as Scotland's financial and related professional services sector continues to grow in scale and significance.