News

A former accounts manager at a non-profit affiliated with a medical school has pleaded guilty to embezzling almost $13 million. Florida man Ralph Puglisi, 59, faces a jail term of up to 20 years, The Tampa Bay Times reports. He worked for the University of South Florida's medical service association

Stuart Robb and Chad Griffin, partners with FRP Advisory, have been appointed joint administrators of The Glenburn Hotel Limited. The company owns and operated the Glenburn Hotel, a prominent grand hotel based in Rothesay on the Isle of Bute originally built as Scotland’s first ‘Hydropat

Retired accountants are being encouraged back to the profession with a new recruitment drive about to be launched by Azets, the accountancy firm specialising in the SME market. Azets is growing rapidly and recently announced plans to recruit an additional 250 staff during the next five years in Scot

SOLSTA Bio, a Glasgow University spinout specialising in the next generation of green insecticides, has secured seed investment of £1.3 million to support ongoing development of its unique nature-inspired pesticides, the first of their kind to be developed worldwide. Investors in this seed fun

Revenues at the Crieff Hydro have suffered a hit of more than £20 million thanks to the economic effects of the coronavirus pandemic.  Accounts filed with Companies House have revealed that revenues were £32.9m in 2019-20, while last year, they fell to just £12.1m.

A house located on Earlsferry waterfront in Fife has sold for £1.7 million, £600, 000 - 55% above the asking price. Built in the 1850s, the three-bedroom Old Bake House once supplied local bakeries in the area, before being redeveloped as a private residential property in the 1940s. 

The Scottish Illegal Money Lending Unit (SIMLU) has launched a new dedicated advice site to support Scots who are struggling to deal with loan sharks. The unit has also expanded its network of organisations operating in communities that help residents to report illegal loan shark activity safely.

Monzo, First Direct and Startling Bank have been listed as the best providers of personal current accounts in the UK in terms of overall service quality. The latest service quality survey conducted by Ipsos MORI has revealed that 83% of Monzo customers said they would recomm

Aberdeen Standard Investments’ (ASI) Pan-European Residential Property Fund (ASPER) has exceeded €1 billion of committed equity. The fund passed the significant landmark only three years after being launched at the end of Q1 2018.

Plumbing supplier William Wilson has invested over £150,000 to open a new bath showroom in Thurso. The new showroom is the 17th customer-facing unit in the Aberdeen-based firm's portfolio, which spreads from Ayr to Orkney.

Angus Council is set to launch a new £250,000 fund to help firms in the area succeed in the wake of the coronavirus pandemic. The council will obtain a portion of the £5.6 million allocated by the Scottish Government to set up the programme as a springboard for businesses in the immediat

Community groups, organisations and businesses can now bid for a share of Fife Council's Levenmouth Reconnected Programme (LRP) which includes a £10 million fund.

A toilet in South Korea developed by a professor at Ulsan National Institute of Science and Technology is offering students cryptocurrency to use the toilet which powers part of a university building with human waste. Students can exchange the currency for coffee, fruit and books, cnet reports.

Unsettled property investors across Scotland are facing an unexpected capital gains pitfall because of a little-known stealth tax change. Tax experts at one of Scotland’s accountancy firms have warned that many face trouble as they rethink their holdings, while unaware that the timeframe to pa

Virgin Money, owner of Glasgow-based Clydesdale Bank, has partnered with Edinburgh-based golf company Shot Scope, providing a funding package of £1.5m to help the company scale internationally. Shot Scope, a manufacturer of golf improvement technology provides wearable, global positioning