The Financial Reporting Council (FRC) has launched a probe into KPMG's audit of gambling giant Entain's 2022 accounts. Entain, which owns brands including Ladbrokes, Coral, and Bwin, paid a £615 million fine in 2023 as part of a deferred prosecution agreement relating to a bribery probe into i
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Appointments
See all articlesThe Scottish Event Campus (SEC) has appointed former Celtic Football Club CEO Dominic McKay as its new chief executive. Mr McKay is joining the SEC in May from European Professional Club Rugby (EPCR) in Switzerland where he is currently executive chairman.
The Scottish Land Commission is ushering in a new chapter with the appointment of Dr Lucy Beattie, Dr Calum MacLeod, and Robert Black as its latest commissioners. Bringing a wealth of expertise in community engagement, sustainable development, and tenant farming, these new leaders are poised to driv
Perth-based finance brokerage The Lending Channel has expanded its senior leadership team to five with the appointment of two new directors. Marc Gilmour joins as complex lending director and Dean Thomson as commercial director, bringing over 45 years of combined experience in commercial finance and
EQ Accountants has welcomed a record 14 new graduates and trainees in 2024, after receiving over 150 applications – more than six times the usual number. This brings the total number of graduates currently studying at the firm to 47. The surge reflects a growing trend among young people to fav
Forvis Mazars has appointed Jennifer Allison as office managing partner (OMP) in Edinburgh, succeeding Laura Clarkson who held the post for seven years. As OMP, Ms Allison will be responsible for developing the firm’s business strategy in Edinburgh and overseeing its local team of over 100 pro
Charity Finance Group (CFG) has appointed Hugh Wallace as chair of its board of trustees. Mr Wallace, a board member since January 2023, has taken the reins from interim chair Kevin O'Brien, who had served in the post since April 2024.
Accountancy
See all articlesA Scottish business tax adviser has warned that hundreds of thousands of Scottish businesses are unprepared for new real-time payroll reporting rules set to take effect in April 2026. The changes, which will require businesses to report income tax and Class 1A National Insurance Contributions (NICs)
EQ Accountants has welcomed a record 14 new graduates and trainees in 2024, after receiving over 150 applications – more than six times the usual number. This brings the total number of graduates currently studying at the firm to 47. The surge reflects a growing trend among young people to fav
The gender pay gap across UK financial services boardrooms decreased five percentage points between 2019 and 2023, from 30% to 25%, according to the latest EY European Financial Services Boardroom Monitor.
CT has announced the sudden passing of long-serving colleague Moira McMillan, and paid tribute to her life and work. Ms McMillan grew up in East Lothian and attended Ross High School in Tranent. She started her accountancy career with Ersnt & Young in London as a personal tax adviser before join
Upcoming changes to lease accounting standards are set to impact all businesses when they come into force, introducing new complexities for property owners, leaseholders and lenders alike, Henderson Loggie has warned. In addition, businesses are being advised to prepare for changes which will raise
Business
See all articlesFinance strategist Craig Alexander Rattray has published a new book to help business owners know their numbers better. Mr Rattray, a corporate finance and cash flow expert, says his new book will empower entrepreneurs to make informed decisions that improve their cash flows, increase profits, and bu
The Highland Council has launched a revamped InvestHighland website to showcase the region's investment potential and attract top talent.
Archilink Ltd, an architectural surveying company based in Aberdeen, has achieved significant growth in 2024 and is on course to surpass £1 million by the end of the financial year – a record for the company since its launch in 2018. The company uses cutting-edge technologies to deliver
Perth and Kinross has been identified as the top local authority in the UK for having the strongest growth potential among its businesses. The recognition, announced at an event today, follows analysis of the expected distribution and value of business growth across the UK for the year ahead. Consid
Scotland's private sector ends the year with a renewed decrease in output, according to the Royal Bank of Scotland Scotland Growth Tracker. The seasonally adjusted index measures the month-on-month change in the combined output of the region’s manufacturing and service sectors.