News

The Financial Reporting Council (FRC) has today launched a consultation on revised auditing standard for identifying and assessing risks of material misstatement.  The FRC’s changes reflect revisions made by the International Auditing and Assurance Standards Board (IAASB) and are designed

Plans to deliver a £100 million major retail destination on the banks of the River Clyde have been given the green light by councillors.

Urgent action is needed to address a skills and talent crisis in UK financial services, according to an independent review commissioned by HM Treasury.

House prices in Edinburgh grew at a faster rate than any other British city in 2019, according to a new report by Zoopla.

Recycling centre workers spent two hours searching through rubbish to find a pensioner's £20,000 savings after old gravy tins containing the cash were accidentally thrown away.

Glasgow-based investment business Nevis Capital has announced that it will reward businesses with £20,000 and a £5,000 holiday voucher if their business introduction leads to Nevis Capital acquiring a new business. The Nevis Explorers scheme is intended to incentivise companies to introd

Legal & General has partnered with the University of Edinburgh to establish the £20 million Advanced Care Research Centre (ACRC). The partnership with Legal & General marks the University’s largest industry investment, as part of the £661m Data-Driven Innovation initiative

Barclays has today announced the launch of a new cashback scheme for term loans to eligible SME borrowers in the UK. Supported by a £450 million ENABLE guarantee from the British Business Bank, this scheme is the largest of its kind to launch in the UK.

Kinloss-based WooHa Brewing Company successfully raised £612,780 from its crowdfunding campaign launched earlier this month. The funds were raised in just 19 days of the campaign's launch.

Drinks company AG Barr has pointed to challenging trading conditions as the firm expects its pre-tax profits for the last year to drop by 18% to £37 million. In a trading update, the Irn-Bru maker said that the £37m profit before tax expectation is at the top end of current market expect

Scotland’s growing financial technology sector has become the first in the UK, and only the third in Europe, to receive formal accreditation as a cluster of excellence. The European Secretariat for Cluster Analysis (ESCA) looked at 36 economic indicators before making the award.

The Financial Conduct Authority (FCA) has written to major banks today asking them to provide evidence of how they arrived at their overdraft pricing decisions.

The Scottish Government needs to be clearer about the role of private finance in public infrastructure projects, according to public sector watchdogs after a new report found schools, hospitals, roads and other assets will cost the public sector more than four times their capital value. Models for i

Scotland’s ambitious social entrepreneurs can now secure up to £10,000 in grant funding thanks to the launch of a new funding challenge from Social Investment Scotland (SIS). Following two successful rounds, the ‘Growth & Replication Challenge’ returns for a third year to

Ahead of the Scottish Budget, CBI Scotland has called on politicians of all parties to put the economy at the front and centre of the political debate in Scotland and focus on policies that will strengthen the economy and encourage investment.