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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

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

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

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

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-

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.

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

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

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

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 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

Andrew Pollard, director of Falkirk-based Ahead Business Consulting, offers practical tips to businesses to avoid cyber attacks. What do Hackney Council, Amex, Scottish Environmental Protection Agency, Foxton's Estate Agent, Mersey Rail, Furniture Village and the Salvation Army all have in common? T

The Financial Reporting Council (FRC) has fined KPMG £13 million for its audits of Silentnight from August 2010 to April 2011. The accountancy regulator has announced sanctions against the Big Four firm and David Costley-Wood, formerly a partner and head of KPMG Manchester Restructuring.

The Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) and Bank of England are seeking views on regulatory plans to improve diversity and inclusion in financial services. In a discussion paper, the regulators have set out policy options including, among others, the use of targe

Projects that restore nature, safeguard wildlife and tackle the causes of biodiversity loss and climate change will get a share of £10 million through a new Scottish Government fund. The Nature Restoration Fund will support a mix of urban and rural-focused projects, such as improving greenspac