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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

Henderson Loggie is strongly advising businesses in Scotland to be proactive in engaging with HMRC over COVID-19 grants received in error. Navigating through the pandemic has been a stressful time for business owners who have juggled staff welfare, rising costs, supply chain issues and other commerc

A strong final quarter in 2021 saw office take-up in Edinburgh continue its recovery from the Covid-19 pandemic and start the new year with renewed positivity, according to new analysis from Knight Frank.

The rising cost of living is having a detrimental impact on savings across Scotland, according to a new report by Accenture. The survey of 184 adults in Scotland found that almost two-thirds of respondents (65%) said the rising cost of living had impacted their ability to save money, while over a th

Total retail sales in Scotland increased by 15.6% compared in December, compared to the same period the year before, when they had decreased by 16.6%, according to the latest Scottish Retail Consortium (SRC) and KPMG Retail Sales Monitor.

An Italian couple have won a nearly two-decade-long court battle over their neighbour's toilet flushing loudly in the night. The couple, from La Spezia, launched the case in 2003 shortly after their neighbours installed a new bathroom adjacent to the couple's bedroom.

The Scottish National Investment Bank (SNIB) has announced a £4.45 million investment into Highland Coast Hotels to help to support more sustainable and community-led hospitality around the North Coast 500 tourist route. The investment will support tourism and employment opportunities in a rem

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