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When setting up a limited company or agreeing to be appointed as a director, being aware of your duties to company creditors should the company fail is unlikely to be at the front of your mind, writes Seonaid Sandham. Yet, at a time when Scotland’s corporate insolvencies are 17% higher than th

Cruden Group has posted turnover of £132 million and profit before exceptional costs of £2.6m, alongside an increased net asset value of £40.7m, for the year ending 31 March 2024. The group has been in business since 1943 and took the strategic decision last year to restructure its

One of the oldest casino buildings in Las Vegas and the last surviving remnant of the city's infamous mob era has been demolished in a spectacular ceremony. The implosion of the Tropicana came at the culmination of a seven-minute live-streamed celebration that included a fireworks display and hundre

The Aberdeen office of Azets has appointed four senior hires with Graeme Cran, David Urquhart, Fraser Murray all joining the 15 strong tax team as, respectively, associate director and senior managers, whilst Greg Houston joins the accounts & business advisory services (ABAS) team as a director.

Royal Bank of Scotland, in collaboration with the Supply Chain Sustainability School, is hosting a free webinar on 29 October to help Scottish businesses capitalise on the opportunities presented by the transition to net zero. The free-to-attend webinar is part of RBS' education programme to provide

As the UK's Labour government celebrates 100 days in office, ACCA (the Association of Chartered Certified Accountants) has urged the new government to stick to its priorities of putting economic growth at the heart of its agenda for the country. The accounting body also asks for more clarity on its

The Scottish Government's accounts for the 2023-24 financial year have received an unqualified audit opinion, signifying that they are accurate and comply with accounting standards. The accounts record total spend of £53,980 million. An underspend of £277m – around 0.5% of the over

First Minister John Swinney met with Prime Minister Keir Starmer in Edinburgh to push for increased public investment in the upcoming UK budget. Mr Swinney stressed the need for "investment in our public services and in our infrastructure to stimulate the growth that all of us want to see delivered

Dundee-based Alliance Trust has officially changed its name to Alliance Witan following its merger with Witan Investment Trust. This represents the UK’s largest ever investment trust merger, and the London Stock Exchange has formally admitted Alliance Witan plc (LSE: ALW) to the exchange

The UK economy grew by 0.2% in August, following two months of stagnation. This growth was seen across all major sectors, with a particularly strong rebound in manufacturing, construction, and professional services. While monthly figures can fluctuate, this rise, coupled with positive business surve

Hamiltons Law Accountants has promoted Jade Blair to head of law accountancy. Ms Blair has been with Hamilton Law Accountants since it opened its doors in October 2023, and initially started as a trainee law accountant at its predecessor firm Hamilton Mullan Law Accountants.

DJ Alexander Ltd has expanded its presence in Glasgow with a new office in Shawlands. Located at 313 Kilmarnock Road, the office employs 14 people and underscores the firm's confidence in the city's sales and lettings property market.

UK CFO confidence has fallen from its post-election high in Q3 2024, though it remains above the long-term average, according to Deloitte. The Big Four firm's latest survey of UK CFOs shows sentiment has fallen among CFOs, with a net 6% feeling more optimistic about the financial prospects of their

In the UK, there has been a dynamic shift in the relationship between auditors and clients who are preparing annual accounts or readying a business for fundraising or potential exit, writes David Lister. Increasingly more fulsome investigations where compliance issues arise are required before signi

Food ingredients firm Macphie Ltd has appointed Angela Willows as chief financial officer (CFO). Ms Willows, who previously held global leadership roles at Nestlé in Switzerland and Canada, brings more than two decades of experience in finance and business strategy.