Aberdeen-based subsea robotics specialist, Rovop, has reported a significant surge in profits in its first financial filing since its acquisition by a US billionaire.
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Regulators across the globe, led by the Financial Conduct Authority (FCA), have joined forces to protect social media users from illegal financial promotions by rogue finfluencers.
BCP Technologies has launched Tokenised GBP (tGBP), the first sterling-denominated stablecoin from a UK-registered issuer to go live. The launch on 3 June 2025 follows a testing period within the Financial Conduct Authority's (FCA) Regulated Sandbox.
Bon Accord Care (BAC) has appointed Sol Taylor as its new interim finance and commercial director. Mr Taylor brings extensive experience in financial leadership from his previous roles as head of finance and brings audit and governance expertise from his 17 years of working as an auditor across vari
An accountant has won two gold medals for Britain at the World Masters Indoor Athletics Championships in Florida.
Fiona Cameron has been appointed as interim finance director at UHI Perth as the college aims to navigate financial challenges. Ms Cameron, an ACCA-qualified accountant, will take up the position with effect from Monday 9 June 2025.
The chief executive of the Financial Reporting Council (FRC), the UK's accountancy regulator, has promised to speed up investigations into audit failures. Richard Moriarty told the Sunday Times that the FRC needed to take disciplinary action against auditors more swiftly. He emphasised the imp
Scottish councils are grappling with a significant financial squeeze as mounting pressures from inflation, rising costs, and escalating demand for services outstrip additional investment from the Scottish Government, according to Audit Scotland. In 2025/26 councils received over £15 billion in
The Financial Reporting Council (FRC) has identified "extremely serious" failings in EY auditing of NMC Health, a London High Court heard on Monday. These findings were disclosed during a trial where the collapsed hospital operator’s administrators are suing the Big Four firm for approximately
Fife-based bagpipe manufacturer RT Shepherd & Son has entered liquidation due to financial difficulties, with its assets being acquired by another local business, Broadleys Bagpipes & Reeds. Founded in the 1970s by the renowned Robert “Bob” Shepherd, the Cardenden-headquartered c
Major UK auditing firms, including the Big Four, are requesting clearer guidance from the Financial Reporting Council (FRC) due to the economic uncertainty stemming from US President Donald Trump's fluctuating tariff regime.
Susan Nightingale discusses the positive trends in financial investment and support for smaller businesses in Scotland, highlighting their resilience and vital contribution to the nation's economy. Smaller businesses are the lifeblood of Scotland’s economy. Firms employing fewer than 50 employ
Evelyn Partners has appointed David Little as partner in financial planning at its Glasgow office. Mr Little joins the UK wealth management firm, which also maintains a presence in Edinburgh and Aberdeen, from 7IM Private Client. He served there for over three years, most recently holding the positi
An $8.8 billion plan has been revealed to establish the Maldives as the premier global business and financial hub for financial institutions, fintech pioneers, and digital Nomads through an integrated, mixed-use urban district.
Aberdeenshire catering firm Entier has reported a record turnover of £82.5 million for the financial year ending 30 September 2024, up from £76.8m the previous year. Pre-tax profits also increased, rising from £2m to £2.8m.
