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The accountancy watchdog has announced an expansion of its probe into KPMG’s audit of Carillion for the second time. The Financial reporting Council (FRC) says it will now look into work on the collapsed contractor’s 2013 accounts but it did not say why it has widened its timeline or whe

Aberdeen Standard Investments (ASI), the asset manager arm of Standard Life Aberdeen, has today announced the appointment of Sir Gerry Grimstone as chair of its joint-venture with global provider and manager of alternative investment products Investcorp. Sir Gerry’s appointment follows hi

The century- old Merrill Lynch brand is to disappear from the world of investment banking. Most of its operations will be run under the shorter name of Merrill after a decision by owner Bank of America.

New research from Barclays Mortgages has found that families in Edinburgh are the happiest in the UK when it comes to their homes, with 93 per cent of parents saying that they are happy in their current properties. 

The UK's richest man is to invest £1 billion in the UK's oil and chemical industries.

An accountant who acted as a trustee and administrator to pension schemes has admitted transferring more than £280,000 of pension funds to support his own businesses and investments. TPR’s inaugural fraud prosecution heard how Roger William Bessent took the money from the Focus

PwC is transforming the way professionals share their credentials by using blockchain technology to issue staff with digital versions of their certifications, kept in virtual wallets.

Johnston Carmichael has strengthened its private client tax team with a new senior appointment as part of the expansion of its tax advice service. Max Chassels has joined Johnston Carmichael as private client tax director and will is based at the firm’s Aberdeen office.

Entrepreneurial Scotland (ES) the network and leadership development organisation and Unicef UK, have joined forces to show the power of entrepreneurism in driving meaningful solutions to some of society’s toughest challenges. The partnership highlights the organisations’ shared belief t

Legislation to support the establishment and capitalisation of the Scottish National Investment Bank has been published by the Scottish Parliament. The Bill grants the necessary powers to set up the Bank which will provide financing for businesses through their whole life cycle and for important inf

EY has announced the appointment of Andy Brogan as the new global oil & gas sector leader at the international firm. In his new role, Mr Brogan will be responsible for driving the EY oil & gas sector strategy, leading teams comprising a total of more than 10,000 industry professionals w

HM Revenue and Customs (HMRC) is urging business owners to prepare now and consider three steps to ensure their businesses can continue to trade with the EU if the Brexit fiasco currently playing out in London results in the UK crashing out with no deal in place.

Nathan Bostock, the former finance director at Royal Bank of Scotland Group, who moved to Santander UK six years ago to become its chief executive, has found the move to have paid off after he emerged from a difficult 2018 at the Spanish-owned lender as the best paid bank boss in

A pioneering alliance between the University of Dundee and Entrepreneurial Scotland (ES) will help to forge Scotland’s next generation of business leaders. The three-year collaboration between the two institutions was signed at the University’s Centre of Entrepreneurship&n

A London-based banker has been awarded £500,000 in damages after successfully suing the architect he claimed did not deliver the “wow factor” when he built a home cinema suspended above an indoor swimming pool at his £7 million home.