News

The Cyber and Fraud Centre – Scotland has appointed former Police Scotland detective superintendent Alex Dowall as head of fraud and cyber. With over three decades of experience in policing, Mr Dowall brings an incredible range of experience and specialism to his new role. Based in Aberde

A rare 50p coin has sold for £2,500 on eBay.

Scottish accountancy and business advisory firm Consilium Chartered Accountants has advised Cofficient on the successful transition to employee ownership. Consilium provided tax and corporate finance advisory services to the founders of the business who sold the company shareholding to an employee o

A teenager has landed in hot water after allegedly impersonating his school headteacher and faxing a resignation letter to school authorities. The 17-year-old student at a New York high school was arrested and now faces a charge of criminal impersonation, WSAZ NewsChannel 3 reports.

Increasing tax disparity with the rest of the UK is a predominant worry among senior leaders in Scotland's financial sector is the increasing tax disparity with the rest of the UK, according to Scottish Financial Enterprise (SFE).

Scotland’s private sector witnessed a third consecutive monthly expansion in output during March, according to RBS' Scotland Business Activity Index. The seasonally adjusted index, measuring the month-on-month change in combined manufacturing and service sector output, rose from 52.1 in Februa

Nearly a third (29%) of senior leaders in the financial services sector in Scotland use generative AI at least once a day at work, according to new research from KPMG UK.

Glasgow-based funeral plan provider Golden Charter has appointed highly experienced technology transformation leader, Stuart McWhinnie as its chief technology officer, effective from today (15 April). McWhinnie brings extensive experience implementing robust technological change programmes with

A recent report has revealed the substantial impact of Scotland's public sector procurement expenditure, contributing over £13 billion to the nation's economic activity and bolstering its GDP by £7.5bn during the fiscal year 2021-22. The fifth annual report on procurement activity in Sco

The Institute of Chartered Accountants of Scotland (ICAS) has marked a record year with the highest number of annual admissions in its 170-year history. Nearly 850 Chartered Accountants (CAs) joined the profession at its annual admission ceremony on 13 April.

David Meldrum, director within Azets' Scottish restructuring and insolvency team, has recently obtained his insolvency licence from ICAS, becoming the firm's third practitioner to be licensed in Scotland. Mr Meldrum, who has been working in the Scottish insolvency market for 17 years, joined Azets i

Richard Bathgate and Graeme Bain of Johnston Carmichael, joint administrators of Balgownie Limited and Balgownie Rentals Limited, have sold the 117-year-old business and assets of both companies to MacGregor Industrial Supplies Limited, preserving 15 jobs. The sale includes both the Inverurie and Tu

CMS has promoted two partners within its Glasgow and Aberdeen offices. The newly promoted partners include Craig Wilson, from CMS Aberdeen’s corporate department, and Glasgow-based Fiona Letham.

In a significant expansion, two Borders accountancy firms, Hogg & Thorburn and JRW, have formally merged. Having taken effect on 6 April 2024, the amalgamation forms JRW Hogg & Thorburn, marking a milestone in the histories of these long-established firms.

In a landmark trial, a 67-year-old Vietnamese property developer has been sentenced to death for her role in orchestrating one of the most staggering bank frauds in history. Businesswoman Truong My Lan, founder of real estate developer Vạn Thịnh Phát Group, received the judgement for her