News

Ayrshire-based Microtech Group, an award-winning IT service specialist which supports NHS Scotland and a raft of blue-chip clients, has future-proofed its legacy by adopting employee ownership. Businessman Chris McMail turned down multimillion-pound offers for his business by opting to reward the em

Barratt Developments has today reported a 65.1% jump in profit before tax of £812.2 million for the year ending 30 June 2021 as the housebuilder benefited from the rebound in demand for homes from the pandemic. In its full year results, the developer said it generated revenue up 40% to £

Scotgold Resources, the gold exploration and production company focused on Scotland has announced that it produced profitable gold and silver for the first time in its history last month. In its latest production and corporate update, the firm announced "significant improvements" in production at it

Scotland is set to drive economic growth in the UK’s transition to net zero emissions, according to The Green Growth Index produced by Lloyds Banking Group and Oxford Economics. The report suggests that at least £1.4 trillion will need to be invested in the UK economy between 2020 and 20

Scottish business intelligence firm Brainnwave has appointed Ray de Silva as chief commercial officer as it embarks on a multi-million-pound scale-up programme. Brainnwave uses ‘augmented intelligence’ to rapidly improve decision-making capabilities. It typically combines AI, data scienc

Intellicore, a north-east headquartered software solutions group, has reported being on track to achieve $2.5 million revenue for 2021/22, making it their best year since establishing in 2010. Part of the Human Centered Technology Group, Intellicore has clinched the group’s latest contract whi

Moorfield Group, the owner and landlord of Aberdeen Energy and Innovation Parks, has welcomed a new occupier, EODEX, to the Energy Park in Bridge of Don.

A neo-Nazi terrorist has been ordered to read classic novels in lieu of a prison sentence. Judge Timothy Spencer QC told 21-year-old Ben John to swap his extremist literature for the works of Jane Austen and William Shakespeare.

The Financial Reporting Council’s (FRC) Executive Counsel has delivered a disciplinary Formal Complaint, under the Accountancy Scheme, against KPMG, a former KPMG partner and certain current and former KPMG employees.

With Covid cases in Scotland having roughly doubled every week since restrictions eased, and with the culmination of the furlough scheme imminent, chartered accountants Wylie & Bisset are advising hospitality sector operators to do cashflow forecasts as a matter of urgency. That’s because

Alan Meek, partner and head of Morton Fraser's restructuring and insolvency team, discusses the intricacies of limited liability. In this two-part article, we highlight for directors some of the main ways in which the general protection of limited liability does not apply or can be lost.

Fraser Irvine Sheriff Officers LLP has appointed Douglas Bruce to the position of international enforcement and service director. Mr Bruce was formerly Head of Sheriff Officer Services at Scott & Co (Scotland) LLP and is the immediate past President of the Society of Messengers-at-Arms & She

Michael Reid, managing partner at Aberdeen chartered accountancy firm Meston Reid & Co, highlights the need to communicate with HMRC.  There’s been a great deal of talk in recent months around the various options open to any business looking to deal with creditor pressure now that tra

Scottish women working in the technology industry are willing to accept an average minimum salary that is almost £20,000 less than males, according to new research conducted by careers marketplace Haystack. The research comes days after a damning report was published by think tank IPPR Scotlan

The Business Banking Resolution Service (BBRS) is appealing to professional services firms to see if their current and previous clients’ long-standing bank disputes can be tackled. It is estimated that nearly 600,000 UK SMEs could qualify for the BBRS' independent, free-of-charge specialist di