News

Two-thirds of organisations (66%) surveyed believe climate technology is or will become essential, according to ACCA (the Association of Chartered Certified Accountants). Already, 21% are investing within existing budgets, with another 21% planning to do so in the next two to three years, but there

PwC has reduced its global workforce and abandoned an ambitious five-year hiring target as it contends with slowing revenue growth, the impact of internal scandals, and the rise of artificial intelligence. The Big Four accounting firm cut its global staff by 5,600 in the year to 30 June, bringing it

HSBC has reported a 14% fall in third-quarter pre-tax profit to $7.3 billion (c. £5.5bn), a figure significantly impacted by legal provisions and impairment charges. However, the bank emphasised its underlying performance, with profits excluding these notable items rising by 3% to $9.1bn (c. &

Evelyn Partners has appointed ex-professional rugby player Chris Dean to its Edinburgh financial planning team. He spent over a decade with Edinburgh Rugby Club, and with more than 150 appearances became the club’s most-capped centre in its history. His appointment in a business development ro

Armstrong Watson has appointed Clare Lancaster as a director in its private client tax team. The accountancy, business and financial advisory firm has rapidly expanded its senior tax team in recent months, and Ms Lancaster's is among a string of senior hires and promotions across the business.

Elon Musk's SpaceX is to pay an undisclosed sum to the makers of party game Cards Against Humanity after trespassing on land which was purchased to frustrate the construction of Donald Trump's border wall with Mexico.

Aberdeen-based energy consultancy Xodus Group has reported widening losses of nearly £1 million, citing delays in renewables projects as a key factor impacting its performance.

Nort Sea oil and energy services firm Petrofac has entered administration – a “stark warning” of a wider crisis facing the North Sea supply chain, according to industry experts. The move, which puts thousands of jobs at risk, has intensified calls for urgent government action to st

ACCA (the Association of Chartered Certified Accountants) has called on the UK government to fix the scourge of late payments through practical solutions which business will understand and can work with. ACCA is supportive of the attempts by this administration to tackle poor payment practices in th

Scottish finance expert and business mentor Craig Alexander Rattray is calling for stronger government support for SMEs locked in legal disputes with much larger companies. His call comes after a trademark dispute with billion-dollar accounting software firm Xero, which he says is using a name very

The UK government has announced the creation of a new 'Scale-up Unit' designed to help growing financial services firms navigate complex regulations, in a move aimed at boosting investment and creating high-skilled jobs. Speaking at a conference of regulators and business leaders in Leeds to boost r

Kevin Mapstone and Kenneth Robert Craig of Begbies Traynor have been appointed liquidators to Central Fife Sheds Ltd after the Glenrothes-based company ceased trading and entered liquidation on 16 October 2025. The move follows a number of complaints to Fife Council’s Trading Standards team fr

Professional services consultancy Barnett Waddingham (BW), which operates across risk, pensions, investment and insurance sectors, has relocated its Glasgow office to flagship city development Cadworks. BW has moved from its previous home on West George Street to the seventh floor of the iconic buil

Aberdeen and north east charities and social enterprises will soon have the opportunity to meet with potential funders, explore support avenues and grow their community impact as part of a unique opportunity hosted by Social Investment Scotland (SIS). The leading responsible finance provider is head

A new strategic plan has been launched by Deputy First Minster Kate Forbes to ensure the Highlands fully benefits from an anticipated £100 billion in infrastructure investment over the next 15 years, driven primarily by the renewable energy sector. The Workforce North Action Plan for The Highl