News

Almost three quarters (72%) of small or medium enterprises (SMEs) across Scotland are currently waiting on late payments from customers, according to new research from Barclays surveying 500 UK small business owners.

The Financial Reporting Council (FRC) has commenced an investigation into the statutory audits by PwC of the consolidated financial statements of Babcock International Group plc for the years ended 31 March 2019 and 2020. The FRC has extended its original investigation, which intended to analyse aud

As the UK’s ‘Great Resignation’ continues, new research from RSM UK reveals recruitment is now a major concern for 41% of employers. The latest quarterly ‘The RSM Real Economy’ report demonstrates nearly two thirds (61%) of businesses are currently finding staff recruit

HSBC UK has announced the launch of a £500 million Green SME Fund as part of its commitment to support businesses of all sizes to transition and thrive in a low carbon economy. This follows HSBC’s global commitment to provide between $750 billion and $1 trillion of financing and investme

Amazon has scrapped plans to block UK Visa credit card payments this week, amid dispute resolution talks over payment fees. In a statement released yesterday, Amazon said: "The expected change regarding the use of Visa credit cards on Amazon.co.uk will no longer take place on January 19."

A two-year equality fund has been launched to make Scottish workplaces, including those in the finance industry, more inclusive and diverse. The Scottish Government-funded initiative, with £800,000 available in its first year, aims to address longstanding barriers in the labour market so that

The Financial Reporting Council (FRC) has today published its 3-year Plan for 2022-25 as the watchdog prepares to transition to the Audit, Reporting and Governance Authority (ARGA). The plan contains a detailed breakdown of intended expenditure for 2022-23 and a summary of the expected trajectory of

Anderson Anderson & Brown Consulting Limited (AAB Consulting), the dedicated consulting arm of the AAB Group, has announced two key leadership team appointments following another year of strong growth. Stephen Carmichael and Gareth Edwards have both joined the firm. Mr Carmichael joins AAB in t

Azets is encouraging Scottish businesses to ‘use or lose’ a highly attractive range of Tax Super Allowances introduced in the Spring Budget 2021 to encourage capital investment by businesses. The Super Allowances available include the ‘Super Deduction’, a 130% first-year allo

Scotgold Resources, the gold exploration and production company focused on Scotland, has announced that it recorded its highest gold concentrate production in December since its first gold pour at its Coconish mine. A total of 101 tonnes of concentrate has been produced, equating to c.700

A rare 555.55-carat black diamond is set to be sold at a Sotheby's auction next month.

Virgin Money, owner of Glasgow-based Clydesdale Bank, has launched Levelling Upstarts, an innovative new programme which gives SMEs the opportunity to partner directly with MBA and Masters students from leading universities through digital workshops to help them solve specific business challenges.

Clyde Munro Dental Group has announced the acquisition of Alloway Place Dental Practice in Ayr. The 20-person practice, which was founded in the 1950s, becomes the latest practice to join Clyde Munro, which last year became the first dental group to own more than 50 practices in Scotland.

Hundreds of thousands of boxes of Kellogg's cereals have been seized by Mexican authorities for being too appealing to children.

Scottish mid-market firms are still facing challenges relating to the implementation of hybrid working, according to new research from Grant Thornton UK LLP.