News

KPMG has been hit with another multi-million-pound fine from the Financial Reporting Council (FRC), over its audits of drinks company Conviviality in 2017. The FRC announced yesterday that it had issued a final decision notice under Audit Enforcement Procedure and imposed sanctions against KPMG

Edinburgh-based Tweed Wealth Management has acquired Inverness-based financial advice practice John Home Wealth Management for an undisclosed sum. The acquisition of John Home Wealth Management helped to bring the total assets under management at Tweed Wealth Management to more than £380 milli

David Ferguson, the founder and former CEO of Edinburgh-based Nucleus Financial Group, has been appointed as CEO of investment technology firm Seccl. Mr Ferguson will join the Octopus Group-owned firm on April 4, subject to FCA approval.

A fraud inquiry launched by New York's Attorney General into the Trump Organisation's finances has shifted its focus on Trump's golf resort in Balmedie, Aberdeenshire.

N4 Partners (N4) has appointed Raf Khan as manager within the advisory arm of the Glasgow-based investment firm. Formerly finance manager at Taylor Hopkinson, Mr Khan has held a number of positions within the financial services sector, including five years at Johnston Carmichael LLP as Business Advi

Global law firm Kennedys has appointed Gavin Henderson and Daniela Fusi as partners.  The appointments of Mr Henderson and Ms Fusi, both formerly Clyde & Co (Scotland) partners, takes the total number of fee earners to 23 across its offices in Edinburgh and Glasgow, with more new

Happy couples have been banned from laughing at their weddings by authorities in the south of Russia.

A continued shortage of new properties being listed for sale, despite a rise in new buyer enquiries, is still preventing a pick-up in sales volumes and house prices continue to increase, according to the December 2021 RICS UK Residential Market Survey.

A fresh analysis undertaken by the Scottish Retail Consortium (SRC) estimates shops in Scotland have missed out on £5.8 billion of retail sales during the past two years of the Covid pandemic.

As more information emerges about the Omicron variant and restrictions begin to ease, Scotland’s GDP is expected to grow by 4.8% this year, according to new analysis by KPMG UK. With Omicron posing a milder setback than earlier strains, KPMG expects all regions and nations to reach their pre-C

The Payment Systems Regulator (PSR) has imposed fines against Mastercard, allpay, Advanced Payment Solutions, Prepaid Financial Services and Sulion after concluding that the five parties infringed competition law by agreeing not to compete or poach each other’s customers in the prepaid cards m

Acting on behalf of M2M Assets Ltd, Ryden has announced the sale of a high yielding investment portfolio of two industrial units in Scotland's Central Belt to Vardy Property Group.

Eight projects will share £8.7 million of Scottish Government investment, with project partners providing match funding, taking total investment to £24.4m. The projects, funded through the Low Carbon Infrastructure Transition Programme include the construction of a district heat network

The Financial Conduct Authority (FCA) is acting to address concerns about the ease and speed with which people can make high-risk investments by proposing a significant strengthening of its rules on how high-risk financial products are marketed. This is a central element of the FCA's Consumer Invest

Stuart Smith, a former senior auditor at KPMG, has been fined £150,000 and banned for three years after admitting to misleading the Financial Reporting Council (FRC). KPMG and Mr Smith admitted their misconduct in relation to the FRC’s Audit Quality Review (AQR) inspection of the audit o