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The auditor of now-collapsed Laura Ashley, UHY Hacker Young (UHY), has been fined £300,000 by the Financial Reporting Council (FRC) for failing to highlight serious financial issues at the design company and its imminent danger of collapse. The FRC issued a Final Settlement Decision Notice and

Weak growth in the global economy looks the most likely outcome for the rest of 2022, according to the latest edition of the Global Economic Conditions Survey (GECS) from the Association of Chartered Certified Accountants (ACCA) and the Institute of Management Accountants (IMA). The Q2 GECS, conduct

Edinburgh-based company Codebase has been awarded a contract worth up to £42 million to establish seven new tech scaler hubs across Scotland. First Minister Nicola Sturgeon announced the Tech Scaler contract, which is one of the largest investments by the Scottish Government into Scotland

Audit, tax and consulting firm RSM UK has sponsored a prize which recognises the top student in Financial Accounting Stage 2 on the BA (Hons) Accounting and Finance degree programme at Robert Gordon University. Second-year student Arran Robertson was awarded the prize, after achieving the highest ov

The office market in Aberdeen has seen a stable recovery, from the effects of the pandemic, in a relatively positive first half. Last quarter with another 60,000 sq. ft. of space has been transacted, according to Knight Frank.

Planning permission in principle has been granted by West Lothian Council for a new film studio to be created in Bathgate. Permission in principle is granted for 11,148 sqm of business, general industry and storage and distribution for use as film/studio/stage developments.

Demand and sales were lower in Scotland’s housing market during June and expectations for the next few months are muted, according to the latest Royal Institution of Chartered Surveyors (RICS) survey.

BMW has introduced a subscription service for customers in Korea where drivers can pay a monthly fee for physical options such as heated seats and a heated steering wheel.

Jason Morris, regional market leader at PwC Scotland, comments on the latest Office for National Statistics figures revealing that Scotland saw the biggest increase in homeworking of all UK regions between January and March this year, compared with pre-pandemic levels. The latest data from the Offic

Scottish wireless communications tech company, pureLiFI, has received £10 million in funding from the Scottish National Investment Bank. The following the funding, the Edinburgh based firm is planning a global roll out of their technology, which uses light to transmit data rather than conventi

A Perthshire-based dental firm has completed the take-over of a second Scottish borders dental practice as part of a £2 million investment into the growing business. Peebles’ Kingsmeadows Dental Practice has been acquired for £450,000 by Infinityblu Dental Care and Implant Clinic t

A study has revealed that millions of adults have no savings to fall back on as they have already been used up to pay for essential items rising in price. The study by Scottish Friendly and the Centre for Economics and Business Research (CEBR) found that one in six (16%) adults have used all their s

Two new directors have been appointed at Wylie & Bisset. The promotions see insolvency and business recovery team associate director Paul McDougall, with almost 16 years’ service, become a director, and senior internal audit manager Stephen Pringle, with 11.5 years’ service with the

Burges Salmon has advised Cytomos Limited on its £1.6 million funding from a trio of investors to progress the development and qualification of its novel cell analysis platform, Cytomos Dielectric Spectroscopy (CDS).The fundraising was led by existing investor Archangels with participation fro

One of Scotland’s scenic hotels, The Drovers Inn at Inverarnan, Loch Lomond has been sold for over £3 million.