News

UK bosses have hit out at a government plan to shake up the audit industry by imposing fines and bans on directors for inaccuracies in their companies’ accounts.

Glasgow entrepreneur Craig Alexander Rattray hopes to prevent companies going bust during lockdown with a new book on the importance of cash flow. Penned in partnership with Canadian accounting expert Jeff Borschowa, it is designed to provide owners with all they need to know to keep their businesse

Chancellor Rishi Sunak has announced a 'pay as you grow' system for UK firms allowing them to extend COVID-19 Bounce Back loans from six to ten years. The announcement means that from today, the 1.4 million UK small businesses that borrowed money from the bounce back loan scheme will be more protect

The UK’s new, empowered audit watchdog will not be launched until April 2023 despite business secretary Kwasi Kwarteng’s pledge to prioritise reforming the sector after a series of accountancy scandals.

Law firm Simpson & Marwick has added Glasgow-based Alston Law to its stable, as part of its ambitious expansion across Scotland and across legal services. Alston Law has become part of the Simpson & Marwick brand following a successful acquisition by its parent company. The combined business

Four of Scotland’s famous Scotch whisky distilleries have been awarded the UK’s highest eco-tourism award in another milestone on the journey to a greener future.

A Bank of England (BoE) official has warned that up to half of the £45 billion in loans issued to UK businesses under the bounce back loan scheme could go bad. Sam Woods, chief executive of the Prudential Regulation Authority (PRA), warned that UK taxpayers faced a 'significant loss' from the

The UK's super-rich families are spending big money on Scottish getaways, splurging as much as £600,000 for bespoke two-week staycations.

The Scottish private sector sunk deeper into a downturn during the opening month of 2021, as lockdown measures stifled client demand and led some businesses to close temporarily, according to the latest Royal Bank of Scotland PMI. The seasonally adjusted headline Royal Bank of Scotland Business Acti

AMTE Power, the Thurso-based developer and manufacturer of lithium-ion battery cells for specialist markets, has announced its intention to seek admission to trading on AIM of the entire issued and to be issued ordinary share capital of the company. Admission is expected to take place during March 2

A new independent body has been launched to help drive up standards for new-build homes and strengthen protections for buyers across the UK. Members of the New Homes Quality Board (NHQB) will oversee the introduction of a new industry code of practice in the months ahead, placing more responsib

Scotland's economy is 7.1% smaller than it was before the coronavirus pandemic, according to the latest Scottish Government's Monthly Economic Brief.  The brief also revealed that Scotland’s GDP fell 1.4% in November (UK: -2.6%), having grown for six consecutive months following the

Scottish social enterprise AAI EmployAbility has secured Scottish Government funding to help improve the pay gap by helping minority ethnic women get back into the workplace following career breaks due to childcare, other care commitments or health issues. AAI’s ‘Back to Work’ init

Scotland’s industrial biotechnology companies are exceeding growth expectations and now deliver combined revenues of nearly £750 million, according to figures that will be announced at the Industrial Biotechnology Innovation Centre’s (IBioIC) annual conference. New analysis from IB

London's thinnest house has gone up for sale for the price of £1.1 million.