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Businesses could be at risk of failure to prevent fraud if they don’t meet new compliance requirements, a senior accounting professional has warned.   David Houghton, head of forensic accounting at Azets, gave the warning after the new Economic Crime and Corporate Transparency Act (ECCT A

The UK's GDP flatlined in July, recording zero economic growth. Data from the Office for National Statistics (ONS) confirmed the stagnation, a slowdown from the 0.4% expansion seen in June. The figures, which were in line with economists’ expectations, showed that a slump in manufacturing canc

Albania has appointed an AI chatbot as a government minister who it says will be "free of corruption". "Diella" – meaning "Sun" in Albanian – has been put in charge of public procurement, The Guardian reports.

The Financial Reporting Council (FRC) has launched a coaching programme for smaller audit firms, aiming to break the stranglehold of the "Big Four" on the audits of Britain's largest companies.

Specialist bridging lender ScotLend has appointed Mikie Butcher as senior business development manager, extending its broker support across London and the South East. The move reflects ScotLend’s rapid growth since launching in September 2024. In the past year, the lender has secured a £

Targeted funding has delivered a significant increase in the number of trade missions involving Scottish exporters in 2025.  The Scottish Government has already approved 17 Scottish Chamber of Commerce missions to countries including the United States, China, Singapore, and Germany. This compar

Scottish-Indian premium spirits brand Rutland Square Spirits is projecting turnover of £1.5 million for FY 2024/25, up from £250,000 the previous year – a 500% increase. Over the same period, the company has grown to over 25 employees across the UK and India and recently opened a D

Garden Stirling Burnet (GSB) has acquired Shoosmiths’ Scottish will bank. The deal sees the transfer of responsibility of around 1,500 wills to GSB.

The shortlist for the annual 2025 Scottish Financial Services Awards, sponsored by EY, has been announced ahead of the celebration in October.

House prices in Scotland edged up in August despite demand falling flat, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey, and surveyors are optimistic that sales will rise through the months ahead. A net balance of -2% of surveyors in Scotland was re

The SPFL has agreed a new multi-year licensing partnership with EA SPORTS FC for the largest video games sporting franchise.

Port Glasgow-headquartered McLaren Packaging Group has promoted Andrew Rennie to finance director as it strengthens its board for a new period of growth. Mr Rennie joined McLaren from Coretrax, the oil and gas global innovation leader enabling efficient and sustainable well lifecycle solutions, wher

A hoard of five Iron Age gold coins discovered by a metal detectorist in a Derbyshire field has sold for £6,050 at auction.

The Artisanal Spirits Company, owner of The Scotch Malt Whisky Society (SMWS), has maintained its core profitability for the first half of 2025 despite a dip in revenue caused by challenging conditions in the US market.

People could benefit from the convenience of contactless payment when making larger payments, under proposals being consulted on by the Financial Conduct Authority (FCA).    The regulator wants to give card providers the flexibility to decide the right limit for them and their customers. &