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Dundee-based restructuring and insolvency specialists Dunedin Advisory has become an Employee Ownership Trust (EOT). Since making the decision to become an EOT, the firm's staff have fully engaged in the goal of strengthening and developing not only the business but their future personal develo

The Financial Reporting Council's (FRC) audit quality reviews have found that audit firms did not challenge the management of audited entities effectively on the significant judgements they had made. As a result, the regulator has reiterated the importance of a challenge culture in audit firms.

The Financial Reporting Council (FRC) has criticised Grant Thornton after its Audit Quality Inspection revealed five out of six of the firm's local audits fell below the expected standard. Grant Thornton was singled out by the accountancy regulator after it investigated 15 major audits of health aut

Food and drink businesses across Scotland have been awarded a share of £5 million from the Scottish Government to invest in infrastructure, purchase new equipment and upgrade or replace facilities. In total 30 businesses will receive food processing, marketing and cooperation (FPMC) grants to

Eggplant, the software testing business developed by Edinburgh-based entrepreneur George MacIntosh, has been acquired by Santa Rosa, California-headquartered Keysight Technologies, the New York Stock Exchange-listed tech group for $330 million. Eggplant has been majority-owned by global investm

More employees will become owners of the companies they work for as firms seek to ensure greater resilience in the wake of the coronavirus crisis, according to Lindsays lawyer Douglas Roberts. Mr Roberts has advised on more than 10 Employee Ownership (EO) deals which have been completed in the

Craig Baker, chairman of the Alliance Trust investment committee and Global CIO at Willis Towers Watson, discusses what the financial sector can learn from past economic crises.  Alliance Trust was founded in 1888 and been tested before in many major crises before the COVID-

Fintech company PolyDigi Tech Limited is set to open a technology hub in Edinburgh after securing a £200,000 Regional Selective Assistance (RSA) award from Scottish Enterprise. The move is set to create 16 new jobs all paying the real living wage.

The Scottish Building Society (SBS) has joined the Scottish Financial Enterprise (SFE). SFE supports Scotland's financial services sector and includes organisations such as HSBC, Investe, Jpmorgan, KPMG and Lloyds Banking Group. It represents an industry that employs over 160,000 people in Scot

Bank of Scotland has appointed a new head of commercial banking, responsible for all the bank’s business clients in Scotland. Alasdair Gardner is returning to Bank of Scotland after a successful three-year secondment with Lloyds Banking Group as its head of global corporates in North America.

Financial services firms reported 819 cyber incidents to the Financial Conduct Authority in 2018, a huge rise on the 69 incidents reported in 2017, according to new data obtained by RSM under a freedom of information request.

The century- old Merrill Lynch brand is to disappear from the world of investment banking. Most of its operations will be run under the shorter name of Merrill after a decision by owner Bank of America.

The number of Employment Tribunal claims in Scotland has increased fivefold in the past six months following the scrapping of fees for bringing cases.

Paul Christensen Previse, the fintech firm founded in Glasgow in 2016 which counts Scottish Enterprise among its financial backers, has raised US$7 million (£5.5 million) in a Series A funding round to be used to help scale Previse’s payment technology business to meet demand with a number of sta

https://vimeo.com/268741850 Legislation to make shared parental leave compulsory will be needed to help close the gender pay gap, according to a report on the workforce of the future by Scottish legal firm Burness Paull.