News

PwC has taken the unusual step of appointing a UK partner, Hemione Hudson, to lead its China business amidst the ongoing fallout from the Evergrande audit scandal. The move reflects the deep concern within PwC about the crisis at its China firm, which anticipates a hefty fine and a six-month suspens

Jason Windsor, previously group CFO and currently interim group CEO, has been appointed as group CEO of abrdn plc, subject to regulatory approval. On 24 May 2024, abrdn announced the commencement of the process of moving to fresh leadership, following the strategic repositioning of the company to a

Ryden has appointed Stuart Lockhart as partner to lead its property management services in Edinburgh. Lockhart brings over 25 years of experience in UK commercial property with a particular focus on property asset management.

The Institute of Chartered Accountants of Scotland (ICAS) has made history by hosting over 400 accounting students from throughout the UK at its inaugural national induction day at the Edinburgh International Conference Centre. The event is a key part of ICAS's revamped approach to training fut

Azets has bolstered its UK workforce with the addition of 333 graduates and school leavers, 60 of whom are based in Scotland. The firm now has 817 staff now studying towards a professional qualification. Investment in the next generation of talented business advisors is a key development strategy fo

A rare first edition book of Robert Burns' poetry is to go up for auction later this month.

Deloitte has decided to reintroduce in-person interviews for its UK graduate scheme, responding to concerns from the Financial Reporting Council (FRC) over online cheating. The Big Four firm will return to face-to-face interviews from September for graduate and apprenticeship programmes.

The UK is losing billions of pounds a year in revenue due to tax evasion among small businesses, which can easily exploit weaknesses in government systems, according to a new National Audit Office (NAO) report on tax evasion in retail. As well as raising public funds, reducing tax evasion encourages

A unique and unpublished coin from the reign of David I of Scotland (1124-1153) that was minted in Carlisle is to be offered by Noonans Mayfair on 19 September. It is estimated at £15,000-20,000 and is being sold by the finder.

SMEs in Scotland have three months left to register a business banking complaint with the Business Banking Resolution Service (BBRS), which is set to close to new registrations on 13 December. The BBRS is a free, independent dispute resolution service for SME customers of Barclays Bank, Danske Bank,

Scottish accountancy firm Wbg has urged entrepreneurs to prepare for potential capital tax hikes in Chancellor Rachel Reeves' upcoming budget on 30 October. The advice follows figures from the Office for National Statistics (ONS) showing that UK government borrowing hit a higher than expected £

The winners of the 2024 Scottish Women in Business (SWIB) Awards have been revealed. The event – which was returning for the first time in five years – celebrates females in business across Scotland as well as celebrating and recognising supporters and champions of Scottish women in busi

Two major Scottish cities have improved their performance in PwC's Good Growth for Cities Index.

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