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Financial mutual Scottish Friendly has announced the appointment of Mark Laidlaw and Stephen McGee as non-executive directors. Mr Laidlaw and Mr McGee bring with them over 40 years’ worth of industry experience across pensions, investments and protection, many of which have been spent at a sen

Williams Bros. Brewing Company has solidified its business with long-term production solutions thanks to a seven-figure investment from HSBC UK. The Alloa-based family-run brewery has used the funding to invest in a range of brewing equipment and packaging facilities, allowing the business to create

Only a quarter (26%) of UK consumers say they are on track to achieve their retirement goals, despite 85% of people saying they have a fair to excellent understanding of pensions according to new research from Schroders Personal Wealth (SPW).

Anderson Anderson & Brown (AAB), the tech-enabled business critical services group, has announced six new appointments to its Virtual Finance Function (VFF), following a period of substantial growth. VFF is a transformational approach to traditional outsourcing, where a businesses’ financi

Aberdeenshire Council has appointed Mary Beattie as its new head of finance. Ms Beattie has been in an interim capacity since January this year, and was successful in getting the position on a permanent basis following an extensive external recruitment process.

The Financial Conduct Authority (FCA) has published draft guidance on a new power that allows it to move faster to remove regulatory permissions that are no longer being used by financial services firms. Incorrect or outdated permissions on the Financial Services (FS) Register can mislead consumers

Temporary insolvency restrictions protections are being lifted and new targeted measures to support small business and commercial tenants introduced. The Insolvency Service has announced that temporary measures brought in to support businesses from insolvency during the pandemic will be phased out f

Fishing businesses and marine organisations in Scotland have been awarded funding to mitigate the impacts of Brexit and help the sector recover from effects of COVID-19. The financial support of almost £800,000 – part of the £14 million Marine Fund Scotland - was announced by rural

The Financial Reporting Council’s (FRC) Executive Counsel has delivered a disciplinary Formal Complaint, under the Accountancy Scheme, against KPMG, a former KPMG partner and certain current and former KPMG employees.

With Covid cases in Scotland having roughly doubled every week since restrictions eased, and with the culmination of the furlough scheme imminent, chartered accountants Wylie & Bisset are advising hospitality sector operators to do cashflow forecasts as a matter of urgency. That’s because

The Business Banking Resolution Service (BBRS) is appealing to professional services firms to see if their current and previous clients’ long-standing bank disputes can be tackled. It is estimated that nearly 600,000 UK SMEs could qualify for the BBRS' independent, free-of-charge specialist di

Lesley-Anne Junner has been appointed as the new head of finance (corporate & IT services) at Thenue Group. Ms Junner will take up her new role in mid-September and follows the retirement of long-serving finance chief John Russell.

The Financial Reporting Council (FRC) is preparing to tighten the governance code for Britain’s biggest audit firms in a move that will increase pressure on EY to split the roles held by its UK leader. Scottish Financial News reported yesterday that the FRC announced a consultation on pro

Social security expenditure in Scotland will total £5.2 billion in 2026-27, according to the Scottish Fiscal Commission’s latest forecast report published today. The amount spent is projected to increase by £1.5bn over the five years due to a variety of reasons including an increas

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