The Financial Reporting Council (FRC) has announced sanctions against Big Four accountancy firm EY and audit engagement partner Mark Harvey in relation to the statutory audit of the consolidated financial statements of bus company Stagecoach Group plc. The sanctions concern the audit conducted by th
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Knight Property Group has secured the final tenant for its four-unit retail offering at 13 Chapel Street, in the west end of Aberdeen city centre.
The Financial Reporting Council (FRC) has fined accountancy firm Grant Thornton more than £2.3 million for failings and a 'serious lack of competence' in its audits of restaurant chain Patisserie Valerie. Patisserie Valerie collapsed in January 2019 as allegations of fraud encompassed the comp
The Scottish Government has announced that people who have suffered the most as a result of the pandemic will be at the heart of Scotland’s Covid recovery strategy. The new strategy, For a Fairer Future, sets out the next steps in Scotland’s recovery from the pandemic, recognising t
David Costley-Wood, the former head of KPMG Manchester restructuring, "advanced an untruthful defence" at a disciplinary hearing into KPMG's misconduct in the sale of Silentnight, according to the Financial Reporting Council's (FRC) Independent Disciplinary Tribunal. Last month, KPMG was fined
Bathgate Dental Spa has become the latest business to be acquired by Clyde Munro Dental Group. Bathgate Dental Spa, which has around 8,500 patients, is the latest to join Clyde Munro Dental Group, securing the future for the long-running family practice.
Parklands Care Homes, an independent Scottish care provider operating across Highland and Moray, has worked with Triodos Bank UK to secure £20 million of sustainable finance for its nine existing homes, as well as a new multi-million-pound care project in Inverness. Construction on the new 58-
European patent and trade mark attorneys Murgitroyd has announced its acquisition of of UDL Intellectual Property (UDL), a UK-based IP practice. This follows its recent acquisition of Hanna Moore + Curley in Ireland. UDL, founded over 100 years ago, is headquartered in Leeds, with offices in Bristol
The Whisky Chairmen in Inverclyde is among 12 small businesses to be selected as champions of UK start-ups by Start Up Loans, part of the British Business Bank. Start Up Loans Ambassador for Scotland, Rory MacDonald, received a Start Up Loan of £13,000 through British Business Bank delive
For its 60th birthday next year, the Scottish Mountaineering Trust is offering a ‘Diamond Grant‘ of up to £100,000, to a project that helps more people to experience and enjoy the mountains, especially in Scotland. The Trust was set up in 1962 to support deserving mountain projects
Big Four accountancy firm KPMG has pulled out of bidding for public contracts after the Cabinet Office threatened to ban the firm following a slew of scandals. Earlier this month, Scottish Financial News reported that the department wrote to KPMG warning that the action would be taken if the firm co
The UK's insolvency sector is set to be governed by an independent regulator with new powers to seek compensation for victims of malpractice under government proposals to be announced today. UK Ministers are planning to impose tougher regulations for insolvency firms and practitioners after allegati
Savills has brought The Secret Herb Garden and The Secret Garden Distillery to the market, located just 1.5 miles from Edinburgh’s city boundary.
Aberdeen-based STC INSISO has reported a turnover figure of £3.8 million in their first year since STC Global and INSISO merged in early 2021, an increase of £1m compared to the separate companies combined previous years. The amalgamated problem-solving company has welcomed 14 new client
The Scottish Dental Care Group has secured a multi-million-pound minority investment from growth capital investor BGF. With a turnover of £11 million, Scottish Dental Care Group currently operates 15 clinics across the central belt, Dumfries and Galloway, the Highlands and Grampian. This inclu