Big Four audit firm Deloitte has been slapped with a record £15 million fine by the Financial Conduct Authority (FCA) in connection with failures in its audit of Autonomy. The watchdog today announced sanctions against the firm and former partners Richard Knights and Nigel Mercer following ear
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A new online life and legacy planning platform has been launched following an additional £600,000 investment from savings and investments businesses. Legado, based in Edinburgh, launched today following the significant financial backing from Prudential and FNZ.
The Aberdeen Smaller Companies Income Trust PLC has reported "relative outperformance" despite the challenges of the COVID-19 pandemic. Although the Numis Smaller Companies ex-Investment Trusts index, the Trust’s new benchmark, returned -25 per cent in the six-month period to the end of June 2
Social Investment Scotland (SIS) has reported record-breaking £10.9 million investment in social enterprises, community organisations, and mission-driven businesses over the past year. According to its latest Social Impact Report, SIS invested £4.36 million in social enterprises and comm
The narrowest house in London, which is just over one-and-a-half metres wide in places, has been put up for sale for nearly £1 million.
To mark the end of Scottish Food & Drink Fortnight, Susan Dunlop shares a few thoughts on the prospects for the industry in the coming months with uncertainty dominating. For many of Scotland’s food and drink suppliers, producers and retailers, the last six months have been arguably the mo
The Securities Trust of Scotland (STS) is to switch to a new fund manager and reset its dividend. Troy Asset Management will be brought in from next month to manage the £200 million investment trust.
Impact Healthcare REIT plc has purchased a portfolio of nine Scottish care homes in a deal worth £47.5 million.
Seven Investment Management (7IM) has appointed Adrian Grace as chair of its board, replacing Ian Owen who steps down from the role after nearly five years. Mr Grace's career in financial services and technology companies spans nearly 40 years and he has vast industry experience, particularly in Sco
Small and medium sized enterprises (SMEs) remain optimistic for long term recovery despite a dip in growth during August, according to latest edition of the Royal Bank of Scotland Small Business PMI report. The monthly survey of businesses across the UK revealed recovery in activity stalled in Augus
The UK regional office market will see rents remain stable despite lower levels of take-up due to the COVID-19 pandemic, according to a new report from Savills. Savills says this can be attributed to record low vacancy rates, which at present average just 7.5 per cent across the Big-6 regional citie
High growth start-up companies and university spinout projects will receive grants from the Scottish government to help them grow in the wake of the COVID-19 pandemic. Part of a £3 million package of support, the funding provides grants of up to £50,000 for 41 high growth potential
The National Audit Office (NAO) has said that £50 billion worth of banknotes in circulation are "missing". The public spending watchdog said the money is not accounted for in transactions or identified as savings by UK households.
An airline which offered a one-off "flight to nowhere" has reported that tickets sold out within 10 minutes.
An online pre-application consultation (PAC) is under way regarding design proposals for a new hotel and leisure ‘hub’ redevelopment of the Debenhams store on Edinburgh’s Princes Street.