News

A manufacturing blunder in China has resulted in a windfall for a factory worker whose error birthed an unlikely cultural icon in the form of a crying horse plushie.

The Financial Conduct Authority (FCA) has confirmed the appointment of KPMG as the independent assessor responsible for evaluating proposals to establish a new standards-setting body for UK open banking APIs. This 12-week assessment is designed to identify which organisation is best positioned to le

In response to insights from over 900 finance leaders, ACCA has created the Technology in Finance certificate series – a four-part programme designed to give finance teams the practical, future-ready tools to thrive in a fast-evolving world. Technology is transforming finance, from data and AI

A former employee of PwC who brought an age and disability discrimination case against the company with support from the Equality Commission for Northern Ireland will receive a £150,000 settlement. The woman had worked for PricewaterhouseCoopers Services Ltd for more than 40 years and held the

Richard Gardiner of Thomson Cooper has been appointed as the liquidator of G4 Claims Limited. His appointment comes following a court order issued at Hamilton Sheriff Court on 3 December 2025. The winding-up process was initiated after a petition was presented by HMRC, with the court finding that th

Scottish renewable energy projects with the capacity to generate 1.4GW of electricity have been awarded a Contracts for Difference (CfD) in the latest UK government auction process. The CfD scheme is a financial agreement that supports low-carbon electricity generators by providing a guaranteed pric

The Community Wealth Building Bill has been passed by the Scottish Parliament. It will support investment in communities with councils, health boards and other public bodies focusing on the generation, circulation and retention of wealth in local and regional economies.

W1M Scotland has surpassed £1 billion in assets under management, represents a doubling of assets since 2021, when the firm was established following Waverton’s acquisition of the award-winning Cornerstone Asset Management. The firm, which caters to high-net-worth and ultra-high-net-wort

TC Group, a UK-wide accountancy and advisory firm, has expanded its Scottish presence by merging with the long-established MMG Chartered Accountants. Founded in Dundee in 1927, MMG brings a century of expertise and a network of seven locations across Scotland to the partnership. The deal follows TC

Innis & Gunn founder and master brewer Dougal Sharp has called on the government to stop pushing the pub to the brink of extinction and take measures – including cuts to VAT, on-trade duty, and energy bills – to reverse the industry’s decline. According to analysis of governmen

A South Korean cryptocurrency exchange, Bithumb, issued a formal apology after a promotional error led to the accidental distribution of over $40 billion (c. £30bn) in Bitcoin to its users. During a marketing event on Friday, intended to gift users small cash rewards of roughly 2,000 won (c. &

Aberdein Considine LLP has moved to strengthen its corporate offering in the central belt with the key appointment of Stewart Gordon as partner in the firm’s Edinburgh office.  Mr Gordon joins Aberdein Considine from Addleshaw Goddard, where he was a managing associate in the infrastructu

Scotland’s small businesses are calling for a fresh focus on the day to day needs of the country’s 350,000-plus small enterprises from whoever forms the next Scottish Government. The Federation of Small Businesses (FSB) today highlighted the mounting pressures on small and micro firms as

Geoff Jacobs and Alistair McAlinden from Interpath were appointed joint administrators to Trojan Energy Limited on 9 February 2026 and immediately implemented a sale of the business and assets via a pre-pack process to Urban EV Infrastructure Limited, a subsidiary of Connected Kerb Limited. Founded

Johnston Carmichael has appointed Stewart Pennington as head of Edinburgh office, reinforcing the firm’s leadership in the capital. Mr Pennington is an experienced Chartered Accountant with extensive expertise in SME accounting and taxation. He joined Johnston Carmichael in July 2007, becoming