News

Accountancy firm Grant Thornton has informed the Financial Reporting Council (FRC) that it will quit as auditors of the controversial businessman Mike Ashley's sports chain after the business revealed a £616m tax bill from Belgian authorities just hours before it was due to sign off its accoun

The pound has continued to fall on currency markets as the UK government continues to insist Britain is prepared to leave the EU without a deal.

A homeowner who was unable to maintain his monthly mortgage payments has successfully challenged his lender’s bid to repossess the property after appealing against a sheriff’s decision that the bank had validly served a calling-up notice. The Sheriff Appeal Court ruled that a &

Edinburgh-headquartered fintech firm FNZ has made a significant expansion into Australia after announcing an agreed takeover of fellow financial software company GBST. The deal values GBST at £152m - more than twice the average share price in the month to 11 April when it receiv

Edinburgh tech business Neatebox has raised more than £180,000 from investors as it continues to capitalise on the huge market for its Welcome app, which gives businesses and venues advance notice of customers' disability requirements.

Fair-trade accredited clothing business, Earth Squared has opened new premises, thanks to a six-figure funding package from Royal Bank of Scotland. Established in 2001 by husband-and-wife team, Alison and Simon Henderson, the business has grown over the years to employ seven members of staff.

Buccleuch Property has expanded its commercial property portfolio with the purchase of Lloyds Court & 52-60 Grey Street, Newcastle upon Tyne for £12.45m, reflecting a net initial yield of circa 6.4 per cent. Lloyds Court & 52-60 Grey Street is situated in a prime location in the heart

Glasgow and Edinburgh, along with other regional office markets, have boasted on trend take-up over Q2, with activity skewed towards larger deals and city centre markets, according to the latest Big Nine update from Avison Young. The key office letting deal in Glasgow city centre during Q2 was to ho

Castlecary House Hotel, near Glasgow, has unveiled new facilities and increased its workforce after completing a renovation with the support of a significant six-figure funding package from Barclays.

An American dark web drug dealer has pled guilty to participating in a multi-million dollar Bitcoin-enabled drug dealing conspiracy that saw him launder his illicit fortune via vast sums of the now defunct Zimbabwean currency.

PwC has named Claire Reid as its first female regional leader in Scotland. She replaces Lindsay Gardiner, who is stepping down from the role after seven years.

KPMG has bolstered its private capital and M&A offering in Scotland with the relocation of a tax director. Rianne Lindsay will be based at the firm’s Edinburgh office and work across the Central Belt, providing a range of advice to owner managed and PE-backed clients, particularly supporti

A Scottish farming business is entitled to repayment of VAT paid in purchasing entitlements to an EU farm subsidy, the UK Supreme Court has ruled. The justices unanimously dismissed an appeal HMRC after ruling that when the respondent incurred the costs of the single farm pa

A  Glasgow office manager has been found guilty of embezzling almost £200,000 from her employer which she then spent on her wedding reception and holidays. Maria Weir, 62, admitted to Glasgow Sheriff Court to stealing the cash while in her role as as operations manager at Glasgow-based Sc

Santander looks set to beat Royal Bank of Scotland and Lloyds Banking Group to scoop the £3.7bn bundle of mortgages that are to be sold off by Tesco Bank. Tesco Bank has about 23,000 customers in its mortgage book.