News

The Financial Reporting Council (FRC) is planning a drastic change to rules governing company boards which will place more responsibility on directors to vouch for the integrity of their financial controls. The changes arrive in response to the scandals at Carillion, Patisserie Valerie, M&C Saat

Scottish Financial Enterprise has bolstered its ranks with the appointment of RBS chairman in Scotland Malcolm Buchanan as board director. Mr Buchanan is chairman, Scotland for the Royal Bank of Scotland, and the bank’s managing director for corporate & commercial banking, responsible for

Hostile bids made up 16% of all takeover bids for UK listed businesses last year, research from Pinsent Masons, the international law firm, has revealed. The research shows there were 12 hostile bids of a total of 77 bids for UK listed business in the last 12 months (year-end 31 October 2019).

A hat-trick of charities have enjoyed a festive windfall after receiving a share of £3,000 from Aberdeen-based accountancy firm Hall Morrice. Aberdeen FC Community Trust, Mental Health Aberdeen and Charlie House have each received £1,000 from Hall Morrice in the seasonal gesture.

Scores of people could be entitled to significant compensation payouts after being sold interest-only mortgages which put them at risk of being forced to move in order to pay off loans.

HSBC is currently working with charities in the UK to help homeless people who do not have permanent or fixed addresses, or photo ID, to open bank accounts. These accounts would be managed in HSBC branches or online.

Brett Lawrence, owner of the award-winning Rocca Deli in St Andrews, discusses the importance of having a trusted team of advisors supporting a business, in order to allow it to succeed and thrive. Mr Brett began working with Scott Greig, principal manager at EQ chartered accountants in 2016 when he

University of West of Scotland spin-out Novosound has received a £3.3 million investment led by Foresight Scottish Growth Fund. The technology company received £500,000 in funding from the Foresight Scottish Growth Fund. The fund is financed by the Scottish Growth Scheme through a combin

German Doner Kebab (GDK), part of the Hero Brands fast-casual restaurant portfolio, has continued to expand across the UK and internationally with £900,000 funding support from HSBC UK. The bank provided the Scotland-based brand owner with specialised support from HSBC UK’s franchise tea

Smith & Williamson, the financial and professional services firm, has announced its interim results for the first six months of the 2019/20 financial year, which has been a period of strong growth and continuing investment in the Group’s infrastructure. The company's operating income incre

Rural firms will benefit from £100,000 of funding from the Scottish Government to expand their businesses and improve connections with customers by creating digital communities across Scotland. The funding will be provided through Smart Village Scotland.

An ancient Sicilian hamlet in Bivona, surrounded by peach and olive groves has joined the list of Italian towns fighting depopulation by selling houses for €1 each.

The world's largest bottle of single malt whisky was sold at an online Christmas auction on Sunday for £15,000. The 105.3-litre bottle of 14-year-old Tomintoul is nearly 1.5m (4.9ft) tall, weighs more than 180kg (396lbs) and would serve up about 5,250 drams.

The Scottish Government has announced that loans have been offered to hill and upland farmers and crofters to provide them with financial support and certainty in the New Year. Under the national Less Favoured Areas Support Loan Scheme (LFASS) 2019, eligible farmers and crofters will be offered up t

Following the announcement of a majority Conservative government, various financial and business services in the UK have given their response.  Chris Sanger, EY’s head of tax policy, commented on what the General Election result means for UK tax and the Chancellor’s Budget in the ne