News

The Sir Donald Brydon CBE Assess, Assure and Inform: Improving Audit Quality and Effectiveness report has recommended that auditors should be made independent from the larger accountancy profession. The report has emphasised the need for such a move in an effort to "stimulate improved quality and ef

Abellio ScotRail's contract to operate Scotland's train services will end three years early, transport secretary Michael Matheson has announced. Abellio has been running the franchise since 2015 but has faced increasing levels of criticism over cancellations and performance levels.

Mid-market private equity house LDC has completed an investment of an undisclosed amount in Commsworld, the Edinburgh-headquartered telecommunications and ISP provider.

Businesses interested in applying for the 2020 Lanarkshire Business Excellence Awards can take part in a free advice workshop.

Students from a Glasgow primary school were treated to a VIP visit to Scottish Ballet’s headquarters thanks to KPMG UK.

An innovative Scandinavian arts project is being rolled out in one of Scotland’s most deprived communities, giving young people the chance to flourish in the creative arts industry, thanks to £16,653 from Aberdeen Standard Investments Charitable Foundation. The ground-breaking Danish pro

In the three months to November 2019, retail sales fell by 0.4% when compared with the previous three months, marking the first sales decline in the sector since April 2018, according to the latest data from the Office for National Statistics (ONS).

The Financial Reporting Council (FRC) has announced that it will investigate EY's audit of Thomas Cook's financial statements for the year ended 20th September 2017. On 1 October 2019, the FRC announced the opening of an investigation into the audit of the financial statements of Thomas Cook for the

Businesses in Cupar, Fife, have made history by voting to create the UK’s first Digital Improvement District in the town. The trailblazing scheme will give companies and the community a stronger identity online and will fuel the creation of a “Cupar Now” brand to showcase the town

The process for investing in Scottish companies is to be streamlined thanks to a partnership between LINC Scotland, the national association for business angels, and Burness Paull LLP. LINC Scotland supports the business angel market, making targeted introductions to well-matched business angels and

Argyll and Bute Council has welcomed the success of a £500,000 fund in attracting new residents and jobs to the area. At the meeting this week of the Policy and Resources Committee, councillors reviewed a report on the economic impact of the Rural Resettlement Fund which showed that 193 new re

The US Department of Agriculture has listed Wakanda as a free-trade partner.

Royal Bank of Scotland (RBS) is to relocate over 1,000 members of staff to its Gogarburn headquarters in an attempt to cut property costs by closing down its Drummond House office in Edinburgh. An RBS spokesperson said: “As we become a simpler, smaller UK focused bank and as we encourage

Scottish Friendly has appointed Scott McNeill as head of finance and insurance risk. Mr McNeill has over 11 years’ experience in financial services, across risk and capital management.

Scottish Building Society is one of the first lenders to sign up to the Scottish Government’s new £150 million First Home Fund. Launched today, applications are now open for a new national pilot scheme helping first-time buyers with the deposit for a new home.