News

HonuWorx, a Scottish underwater robotics company, has received a seven-figure investment to advance its plans to transform operations in the energy and security sectors. The Aberdeen-based firm plans to dramatically slash costs and emissions for offshore repair and inspection work through its f

Gareth Harris and Paul Dounis of RSM UK Restructuring Advisory LLP have been appointed joint administrators of Glenevin Limited and its subsidiary GCL Hire Limited. The Livingston-based engineering firm, founded in 2013, specialised in multi-utility infrastructure and was involved in the c

Anderson Strathern has announced the promotion of five new partners and three directors. The move bolsters the company’s rural, private, public and third sector, real estate, employment, private client, and energy teams as it completes a successful year of growth.

Deloitte has welcomed over 70 new people to its graduate, BrightStart apprenticeship and industrial placement programmes this week for a blended in-person and virtual induction across Aberdeen, Edinburgh and Glasgow. A further 18 people will join the firm in December 2024.

Glasgow-based Robb Ferguson Chartered Accountants has welcomed five graduate trainee-chartered accountants to its team. Selected from a highly competitive pool of applicants, the new hires will embark on a rigorous training program to become ICAS (Institute of Chartered Accountants of Scotland) qual

ASOS, the online retailer, has sold a significant 75% stake in Topshop to parent company Bestseller, owned by Scotland's wealthiest man – Danish billionaire Anders Povlsen – in a deal worth £135 million.

Almost a third of UK middle market businesses don’t yet have a sustainability plan or strategy in place – highlighting a worrying lack of formal commitment despite the new government’s pledge to deliver clean energy with the establishment of GB Energy in Aberdeen, according to RSM

The Financial Conduct Authority's (FCA) has revealed marked improvements in its authorisations process, with 98% of cases now assessed within statutory deadlines, in its latest annual report.

Professional bodies Chartered Accountants Ireland and the Institute of Certified Public Accountants in Ireland have merged into a single entity. Over 37,000 members of the two Irish-based accountancy bodies first voted on an amalgamation proposal in February 2024 with a majority of members voting in

The Capital Markets Industry Taskforce (CMIT) has highlighted the need for an additional £100 billion annual investment over the next decade to drive long-term growth in the UK economy. The CMIT's Capital Markets Of Tomorrow (CMOT) report, led by Sir Nigel Wilson, quantifies the scal

PwC UK has communicated to its staff that it will monitor office attendance starting in January. The move comes as part of a stricter hybrid working policy, requiring staff to be in the office or at client sites for at least three days a week.

The UK has signed the first-ever international legally binding treaty aimed at ensuring that the use of AI systems is fully consistent with human rights, democracy and the rule of law. The Council of Europe Framework Convention on artificial intelligence and human rights, democracy, and the rule of

Average house prices rose £5,368 in Scotland last year, according to DJ Alexander. The Scottish lettings and estate agency said that the latest data from the monthly house price index published today shows that between July 2023 and June 2024 average house prices in Scotland increased from &po

Convicted fraudster Anna Delvey, whose $200,000 (c. £151,000) scam was dramatised by Netflix as Inventing Anna, is to be a celebrity contestant on a televised US dancing competition. Delvey, whose real name is Anna Sorokin, will wear an ankle monitor during her appearance on Dancing with the S

The Highland Council is gearing up to launch a consultation in the preparation of introducing a visitor levy in region. Following an extensive consultation in 2019 - in which 6,600 residents, businesses and visitors responded – the council agreed to the principle of implementing a visitor levy