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PwC's China business, PwC Zhong Tian, has said it anticipates to receive a six month business ban from Chinese authorities, starting as early as September, due to its audit of the collapsed property developer Evergrande. The Chinese securities regulator previously found that Evergrande had infl

Edinburgh-headquartered Zumo, a B2B digital assets infrastructure provider, has signed the Abu Dhabi Sustainable Finance Declaration, furthering its commitment to environmental sustainability within the financial services sector as it expands its presence in the region. The Abu Dhabi Sustainable Fin

Insurers and brokers have improved governance and oversight of how products are designed, managed, reviewed, and distributed, but many still cannot show how they are providing fair value to customers or that they were receiving good outcomes, the Financial Conduct Authority (FCA) has said. In a repo

Whilst being self-employed comes with a range of benefits, there are some things that can slip down the agenda in between managing a business, tax returns and work-life balance. Thinking about retirement and saving into a pension is often one of them – but it doesn’t pay to put it off, w

Highlands and Islands Enterprise (HIE) investment in the last fiscal year has bolstered Orkney's economy, with supported businesses and communities projected to create 80 new jobs. HIE’s outturns for 2023/24 were achieved through a combination of financial and non-financial interventions by th

After more than three decades at Scotmid, and almost 20 as chief executive, John Brodie CA has retired. Mr Brodie is a Chartered Accountant who worked in an Accountancy Practice before joining the Society in 1993 as chief financial officer. He was appointed acting CEO in 2004 and CEO in February 200

Addleshaw Goddard, which has offices in Edinburgh, Glasgow and Aberdeen, has announced revenue of £496 million for the past financial year, representing growth of 12%. The firm's performance was driven by material investments in tech, core practices and priority sectors alongside office openin

Glasgow-based social enterprise MsMissMrs has demonstrated remarkable impact in addressing child poverty and empowering women. In just one year, with an investment of £165,000, it helped over 100 women rebuild their lives, leading to an estimated £3 million in social value, according to

Figures compiled by Highlands and Islands Enterprise (HIE) show that businesses and communities supported by the agency across Inner Moray Firth during the last financial year are set to create or retain around 650 jobs. HIE’s outturns for 2023/24 were achieved through a combination of financi

Macdonald Henderson has advised Turnkey IPS, a provider of software solutions to the insolvency industry, on an investment by Bowmark Capital, a private equity firm. Established by Dr Barry Wood in 1980, Turnkey has grown to become the market leader for corporate restructuring and insolvency softwar

Glasgow-based SMEs have been urged to ensure compliance with the national minimum wage (NMW) amid a local crackdown by HMRC. Scotland's largest city is one of the locations being specifically targeted by the tax authority, and businesses found guilty of non-compliance will be ordered to pay NMW arre

Law firm Shepherd and Wedderburn has reported seven per cent turnover growth to £71.4 million in the year to 30 April 2024. Net profits at the firm also saw a significant rise, up 12 per cent to £30.2 million. In recognition of the firm's performance, a bonus of five per cent of annual s

Aberdeen company John Wood Group saw its share prices plummet as Dubai-based potential buyer Sidara abandoned a takeover deal. The Dubai-based engineer Dar Al-Handasah, known as Sidara, had been pursuing the firm for several months.

The Bank of England (BoE) has invited views from the private sector on its approach to innovation in money and payments. Building on the BoE’s work to date, the newly published discussion paper asks for responses on the next step in a wide-ranging conversation on how to deliver an ambitio

Angus Council has launched its small to medium enterprise (SME) Start and Grow Business Grant Scheme. Funded by the UK Government’s Shared Prosperity Fund, grants ranging between £500-£7,000 are available to eligible businesses to offer financial support under six key themes: