Highland Spring has blamed the impact of rising costs for the decrease in profits experienced by the firm in its most recent financial year. The company saw pre-tax profits dive to £520,000 for the year ended December 31st, a decrease from £3.3 million last time, as it struggled with the
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The Financial Reporting Council (FRC) has today published its latest list of companies whose reports and accounts have been reviewed. The companies reports and accounts have been reviewed by the FRC's Corporate Reporting Review function.
A Swiss auction selling off 25 supercars from the son of Equatorial Guinea's president has accumulated €21.6 million.
The winners of DIGIT's inaugural Scottish Technology Awards have been revealed.
A leading property lawyer has been appointed head of Pinsent Masons’ Scottish and Northern Irish operations. Katharine Hardie takes over the role of chair of Scotland and Northern Ireland from Richard Masters, 29 years to the day since she joined the firm as a trainee lawyer in 1990. She will
The Financial Conduct Authority (FCA) has fined The Prudential Assurance Company Limited (Prudential) £23,875,000 for failures related to non-advised sales of annuities. Between July 2008 and September 2017, Prudential’s non-advised annuity business focused on selling annuities directly
The Financial Reporting Council (FRC) has strengthened its Going Concern audit standard. The FRC revised its Going Concern standard in response to recent enforcement cases and well-publicised corporate failures where the auditor’s report failed to highlight concerns about the prospects of enti
Highlands and Islands Enterprise (HIE) announces that businesses looking to develop their use of digital technology and innovation are set to benefit from a new £465,000 support programme. The investment was announced at a digital collaboration event to launch the refreshed #hellodigital facil
The Financial Conduct Authority (FCA) has confirmed new rules which apply to certain types of open-ended fund investing in inherently illiquid assets such as property. The new rules apply to these funds, known as non-UCITS retail schemes (NURSs), but will not apply to other types of fund, such as UC
The 2018 Fish Farm Production Statistics have revealed that the total number of staff employed in marine salmon production in Scotland increased by 77 (5.5%) to 1,466 people.
The owner of the Old Course Hotel in St Andrews has suffered from a fall in revenues of over 13%.
HSBC has launched a trade finance API which allows partner financial organisations and their clients observe the status of their bank guarantees in real-time, from their own platforms. The bank guarantee API is now being tested by ING and Standard Bank and it will allow partners to create their own
Visa has launched an online portal giving fintechs access to its technologies and network. With the launching of the service, Visa said that fintechs can now easily access the right technologies, network and partners to grow their businesses with Visa.
Aberdeen-based Shepherd and Wedderburn has appointed George Stevenson as its new private client specialist. Mr Stevenson will bring over 40 years' of experience and expertise across the spectrum of personal legal and tax matters to the firm and its clients.
The Financial Reporting Council (FRC) has today initiated an investigation into the audit conducted by EY of the financial statements of Thomas Cook Group Plc for the year ended 20 September 2018.