News

An independent inquiry into the performance of employee-owned businesses and their impact on the economy has praised Scotland for leading the way in its approach and commitment to growing the popularity of employee ownership as the nation celebrates EO Day (Employee Ownership Day) today.

Ed Mayo (Image: Co-op UK) Scottish co-operative businesses are much more likely to survive their first five years as a start-up, according to a new report released this week.

Shares in shopfitting and interiors group Havelock Europa have been suspended and it has now been confirmed that the firm is on the brink of entering administration.

The Financial Reporting Council (FRC) has launched an investigation into financial statements of construction materials supplier SIG.

The Financial Conduct Authority has ended its investigation into Deloitte’s auditing work at facilities services contractor Mitie Group.

Ian Knott Grant Thornton UK’s corporate finance team in Aberdeen has advised Kongsberg Maritime, a subsidiary of Norway-based Kongsberg Gruppen, on the sale of its business within subsea camera and harsh environment CCTV systems to Imenco.

An Edinburgh husband and wife team have been disqualified as directors for failing to preserve company accounting records and make payments of taxes to HMRC.

Edinburgh-based accountancy firm Chiene and Tait, together with the Scottish Countryside Alliance, are hosting a tea and scones reception at the Scottish Game Fair at Scone Palace, tomorrow from 1-3pm.

Roseanna Cunningham New legislation has been introduced which in some instances will give communities the right to buy land that is abandoned, neglected or detrimental, or which is causing harm to the community’s environmental wellbeing.

Hisashi Kuboyama Emergency and hardship funding will be made available to households and businesses affected by the Glasgow School of Art fire after the Scottish Government increased its funding contribution.

FinTech Scotland has today announced the board members who will work with CEO Stephen Ingledew and his team to oversee the strategic plans conceived with the aim of making Scotland a top five global fintech centre.

The ‘Summer Rose’, a £2.1m scallop vessel based out of Oban is being set to work following funding support from Royal Bank of Scotland.

Ledingham Chalmers chairman and partner, Jennifer Young (left); consultant Ken Shaw; partner Julie Longmuir; and partner Fiona Thomson Scottish law firm Ledingham Chalmers has today announced a merger with north east solicitors and estate agents, Gray & Connochie.

Jonathan Turner New regulation aimed at opening up the UK’s current account market could lead to an influx of new players and services for 32.7 million consumers and 4.8m businesses by 2022, according to new PwC research on Open Banking.

A Glasgow convenience store director has been disqualified for 11 years for using fraudulent means to remove funds from the company’s account and to obtain goods on credit.