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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

Tom Stocker, partner and head of corporate crime, Pinsent Masons, discusses the impact of the Bribery Act on the business community. As the Bribery Act 2010 approaches its 10th birthday on 1 July, it is widely recognised as an excellent piece of legislation which transformed the corporate compliance

Aberdeen-based STC INSISO has reported record revenues of £950,000 for the first quarter of 2021 since STC Global and INSISO merged earlier this year, putting them on course to achieve an annual turnover exceeding £2.5m. The business performance improvements firm has secured £1.5m

National professional services consultancy Begbies Traynor Group has acquired construction sector finance broker MAF Finance Group in a deal worth up to £11.75 million.

Scotland’s first and only menstrual cup brand FEMCUP has launched offering an environmentally sound alternative to tampons and sanitary towels, while also pledging to donate £1 from every sale to local women’s charities. FEMCUP is also supporting individuals experiencing period pov

Gillespie Macandrew has advised independent bookseller Topping & Company on the acquisition of premises. The firm advised on the purchase of the Edinburgh site, a 4,000sqft former bank on Blenheim Place, which the bookseller had leased since summer 2019.

Camerons Strachan Yuill Architects (CSY Architects) has moved into employee ownership thanks to a loan from Triodos Bank UK and support from Co-operative Development Scotland and employee ownership specialists Co-ownership Solutions.

Unity Trust Bank has announced its annual results, including a record 26% rise in net lending and customer deposits (29%). Against a backdrop of historically low-interest rates and economic uncertainty, Unity has maintained its track record of safe and sustainable growth, delivering a strong set of

Opus Business Advisory Group has moved into the Scottish market with the opening of its first Scottish office in Glasgow, led by experienced local insolvency and restructuring expert Mark Harper. With this expansion, Opus will have eleven locations including Glasgow, stretching from Bristol in