News

Transparency reporting by accountancy firms performing audits is currently ineffective, with a lack of awareness amongst investors and audit committee chairs that the reports even exist and many being used as a marketing exercise, the Financial Reporting Council (FRC) has said.

Bakkafrost, a Faroese fish farm, has bought the Scottish Salmon Company (SSC) for more than £500 million.

The Financial Reporting Lab (FRC) has published a report on disclosures on the sources and uses of cash. 

The Association of Chartered Certified Accountants (ACCA) is highlighting the ‘power of ethics, trust and sustainability’ in its latest global project, which launched on Monday. The global theme will showcase how digital advances, tightening regulation and changing consumer behaviou

Ahead of the stage one debate on the establishment of the Scottish National Investment Bank (SNIB) in the Scottish Parliament this afternoon, economy secretary Derek Mackay has written about what the bank will mean for the future of the Scottish economy. Today marks another important step forward fo

Business leaders from across Scotland have come together to share their stories and inspire young people as part of National Inclusion Week. On Wednesday, representatives from KPMG, Martin Currie, PwC, Royal London Group, Investment2020 and Aberdeen Standard, spoke to over 100 S4 pupils at St.

DHL Express and Torishima Service Solutions Europe Ltd (TSSE) have announced that they are setting up home at Clyde Gateway East Business Park in Glasgow. The move of the two global brands will bring 145 jobs to the area.

A utilities company in Samara, Russia, is encouraging residents who have fallen behind on their bills to pay their debts by installing giant talking pyramids outside the debtors home.

Clydesdale Bank owner CYBG has announced that it will close the former Virgin Money HQ in Edinburgh. The closure is part of a restructuring effort which will result in around 330 jobs being lost.

A total of 559 jobs have been saved as Geoff Rowley, Iain Fraser, Tom MacLennan and Phil Reynolds, partners with specialist business advisory firm FRP Advisory and joint administrators of Arjowiggins Fine Papers Limited and Arjowiggins Chartham Limited, have sold the business and assets of both comp

A planning application by S1 Developments for the ‘Skyliner’ site in Leith has been granted approval today subject to conditions.

The Scottish Government has invested £14.7 million in a Glasgow-based satellite company to help create more than 260 jobs in Scotland’s space sector.

The closure of Thomas Cook highlights the woes the High Street faces as traditional bricks and mortar businesses are being squeezed out by online competition, says Apropos by DJ Alexander. The property management business believes that Thomas Cook was a victim of a failure to adapt to the changing m

Shepherd Chartered Surveyors has sold a former Farmfoods outlet in Dumfries to Amber Taverns for an undisclosed sum. The former retail unit will be converted into a new modern pub with Amber looking to open in time for Christmas this year.

A Glasgow-based drinks brand, Bounce Back Drinks, has developed and launched the UK’s first clinically tested drink which aims to revive and replenish the body, thanks to Royal Bank of Scotland (RBS).