News

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

Accountancy firm William Duncan along with WD Wealth Management Ltd, is rallying together a team of 12 members to participate in The Kiltwalk "Big Stroll" challenge, all in support of Whiteleys Retreat.

The open call for project funding bids for Glasgow City Region’s £160 million investment zone has generated substantial interest from across the region with almost £2 billion worth of bid applications received.

The Bank of England has agreed to a “once in a generation” overhaul of its forecasting and communications strategies following a comprehensive review led by former Federal Reserve chair Ben Bernanke. The review provides a thorough assessment of the bank’s current forecasting approa

More than 800 company directors have been disqualified in the past fiscal year for abusing Covid support schemes following investigations by the Insolvency Service. One such case involved 24-year-old Muhammad Anas, who accepted a six-year disqualification undertaking starting on 2 April 2024.

Nearly half of consumers (49%) in Scotland say they have cut non-essential spend in the first quarter of the year, according to new research from KPMG.

Concerns are mounting that Edinburgh will not be able to accommodate performers and visitors to its world-leading festivals this summer due to the impact of short-term let regulations.

The UK's gross domestic product (GDP) rose by 0.1% in February, with the manufacturing and services sectors posting higher output, offsetting a significant decline in construction activity.

The Student Loans Company (SLC) has opened its new Glasgow headquarters this week, with Baroness Barran MBE, minister for the school system and student finance, officially inaugurating the building. The Baroness was joined by SLC colleagues and representatives from the design and construct

DITT Construction Ltd, a Shetland-based construction company, has transferred its entire shareholding to an employee ownership trust (EOT).

The US audit regulator, the Public Company Accounting Oversight Board (PCAOB), has fined KPMG Netherlands a record $25 million (around £20m) after it found that hundreds of the firm's staff, including senior partners and managers, cheated on professional exams.

The Financial Conduct Authority (FCA) has outlined plans to give UK asset managers greater freedom in how they pay for investment research, with the aim to promote competition and facilitate cross-border access to research.

AIM-listed Glasgow cloud services company iomart Group has issued a trading update suggesting a solid set of full-year financial results for the year ended 31 March 2024. This update comes ahead of full year results on 11 June 2024. For the year, the group expects to report revenue growth of 10% to

John Lawrie Metals, headquartered in Aberdeen, has posted pretax profits of £2.4 million, a significant increase from the £9.7m loss reported the previous year.