Republican lawmakers are advancing plans to dismantle the Public Company Accounting Oversight Board (PCAOB), the independent US audit regulator created after the Enron scandal more than 20 years ago. The proposal, part of a broader deregulatory agenda linked to US President Donald Trump, was introdu
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Scottish wealth advisory firm, Tweed Wealth Management, has established a new sports division dedicated to the unique financial needs of athletes. The division aims to provide tailored financial advice and services throughout an athlete's career and into retirement.
Karen Scholes CA has been appointed as the new President of Institute of Chartered Accountants of Scotland (ICAS) for 2025/26, becoming the sixth woman to hold the role in ICAS’ 171-year history. Ms Scholes is the partner director of Scholes CA, an independent accountancy firm with a strong fo
A Dutch municipality has admitted it "most likely" threw out 46 artworks — including an Andy Warhol print of Queen Beatrix — during renovation works last year.
Glasgow-headquartered engineering firm Weir Group has announced strong operating results for the first quarter of 2025, highlighted by a 5% year-on-year increase in equipment orders and an improved book-to-bill ratio of 1.11. The mining solutions specialist experienced robust demand for its original
In March 2025, there were 118 company insolvencies registered in Scotland, 3% higher than the number in March 2024. The total number of company insolvencies was comprised of 55 CVLs, 57 compulsory liquidations and six administrations. There were no CVAs or receivership appointments.
Annual statistics for the financial year 2024-2025 show a slight increase in corporate insolvencies in Scotland, contrasted by a notable decrease in personal insolvencies. There were 1,175 corporate insolvencies recorded, representing a marginal 0.6% rise from the previous year (1,168) and a 3.8% in
The former premises of a seafood firm in Buckie, which closed in 2022, has been brought back to life as a state-of-the-art shellfish processing facility. Over the next three years, the project is expected to generate nearly £1 million in turnover and create 12 new jobs.
Aberdeen, the global asset manager, reveals President Trump’s current term is the only first 100 days where the S&P 500, Dow Jones and FTSE World have all fallen. Aberdeen looked back to 1993, when Bill Clinton won the election with his now famous “It’s the economy, stupid!&rdq
Strathclyde Partnership for Transport (SPT) has enlisted the services of Mott MacDonald to help make the case for investment for Clyde Metro.
Property consultancy Galbraith has made 22 staff promotions across its 13 offices in Scotland and the north of England. The promotions include a new role as head of people and culture as well as two people moving up to become directors, three to senior associate, and two to associate.
Jen McCormick has been appointed as a partner at Ashurst. One of 20 new partners, Ms McCormick, who is based in Glasgow, is the regional head of the firm's advance solutions practice for EMEA and the US. She is a finance lawyer by background with experience in banking, restructuring and insolvency.
SME property lending specialist Assetz Capital has provided a £1.94 million funding package for a new industrial estate in the Cairngorms. The funding will facilitate the creation of high-quality light industrial units that address a growing demand in one of Scotland’s most popular touri
Financial distress among Scottish businesses rose significantly in the first quarter of 2025 compared to the previous year, though figures showed a slight improvement from the end of 2024, according Begbies Traynor. The Red Flag Alert data for Q1 2025, which provides a quarterly snapshot of the UK's
A man who paid £20,000 for a replacement car discovered he had inadvertently repurchased his own stolen vehicle. Ewan Valentine, 36, from Solihull, had his black Honda Civic Type-R stolen from his drive in February.
