News

The Financial Reporting Council (FRC) has revealed it will need at least another six months to investigate KPMG’s auditing of collapsed construction and services firm Carillion due to the scale and complexity of the case.

The Scottish Government has announced that its budget will be published on 6 February 2020. The announcement comes after the UK Government confirmed that its budget would be delayed until 11 March 2020.

The Royal Bank of Scotland has today unveiled a new £7 million programme to help support communities and organisations across Scotland. The Royal Bank 300 Fund has been set up to mark the bank’s 300th anniversary in 2027 and will see the bank invest £1m a year, for the next seven y

The Scottish Government has announced that enterprise projects in Dumfries and Galloway will receive a share of more than £500,000 from the South of Scotland Economic Partnership (SOSEP). This latest tranche of funding includes the following:

ACCA (the Association of Chartered Certified Accountants) has revealed that a total of 4,659 students completed their final exams to become ACCA affiliates during the last sitting of 2019. A total of 137,000 around the world entered over 173,000 exams.

Paul Rippon, the co-founder and deputy CEO of Monzo, is stepping down from his role to farm alpacas with his wife in Northumberland.

Baillie Gifford's Edinburgh Worldwide Investment Trust has appointed former PwC partner Caroline Roxburgh and McKinsey alumnus Jonathan Simpson-Dent as non-executive directors. The two will join the board on the 1st of February this year.

UK Finance has appointed Scottish Building Society chief executive Paul Denton to its mortgages board. Mr Denton joins other senior industry figures, including Santander’s Michael Sard, on the product and services board (PSB).

Cluff Natural Resources Plc, the AIM-quoted North Sea exploration firm, has appointed Sarah McLeod as chief financial officer. Ms McLeod has over 20 years' experience in the international oil and gas industry and joins the company from New Age (African Global Energy) Ltd where she held the role

Permanent staff appointments increased for the second consecutive month in December, although growth remained historically subdued, the latest Royal Bank of Scotland Report on Jobs has found. The data has also revealed that temp billings declined for the first time since June, albeit only

Andrew Sackey, partner and head of tax fraud investigation at Pinsent Masons, discusses the accelerating speed of the crackdown on corporate fraud. As we edge towards the end of the first working week of this new decade, it is worth noting that tax compliance measures first introduced at the start o

Addleshaw Goddard’s corporate team in Scotland has advised on the completion of more than a deal a day across a busy December. The team has provided support on some 30 significant deals including a major investment into telecommunications and ISP provider Commsworld by mid-market private equit

Aberdeen-based Tricore Ltd has become Scotland’s latest employee-owned business, with all members of staff becoming owners. Established in 1987 by Greg Henderson and Bill Bowie, Tricore Ltd specialises in the supply and refurbishment of industrial drill bits. It also provides a refur

Trade credit insurers have helped UK firms cope with a record level of bad debts, according to the latest figures released by ABI. ABI has found that the value of the average claim made has jumped up by over 200%, to just over £67,000, influenced by the collapse of Thomas Cook.

Business sentiment has surged to an all-time high, according to Deloitte’s latest CFO survey. The Q4 2019 survey, which took place immediately after the December UK general election, showed the largest increase in confidence in its 11-year history.