Richard Moriarty, the new chief executive of the UK’s Financial Reporting Council (FRC), has expressed his stance on the Big Four firm's reign over the UK audit market. In contrast to his predecessor, Mr Moriarty expressed lesser concern if Deloitte, EY, KPMG, and PwC continue their near-total
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The Artisanal Spirits Company (ASC), ownership of The Scotch Malt Whisky Society (SMWS), has secured a substantial financing deal with Ferovinum, amounting to £15 million.
Professor Daniel Katz, a US technologist and lecturer at Illinois Tech – Chicago Kent College of Law, will address a CMS event next week focused on developments in AI and its impact on commercial contract lawyers. Commercial Contracts and AI: Grasping the Opportunities is an online event
A commercial judge has removed the joint administrators of a London Stock Exchange listed company operating football centres across the UK after the company’s largest shareholder, owed approximately £2.4 million by the company, made an application to the Court of Session. The application
Paisley-headquartered the Albex Group has expanded its portfolio with the acquisition of Rainbow Dust from Real Good Food PLC in a deal worth £800,000.
Family-owned Scottish hotel group Apex Hotels has fortified its management team with the appointment of four senior executives, including a new finance director. With over 15 years' experience driving innovative strategies and commercial results across a range of business sectors, Mike Watson j
SSE plc has published details of its 2023/24 interim results and announced a £2.5 billion increase to its existing five-year investment programme, expecting £20.5bn of investment to 2027 compared to £18bn previously.
HyImpulse Technologies, a German rocket launch provider, is set to expand its operations in the Scotland, specifically in the Shetland Islands, with SaxaVord Spaceport hosting a series of orbital rocket launches beginning in late 2025. This development follows three years of successful engine tests
Amidst the economic turbulence of high inflation, soaring public debt, and the highest tax burden since World War Two, Armstrong Watson's experts comment on what to expect as the Autumn Statement approaches with high anticipation. Chancellor Jeremy Hunt is poised on a tightrope, balancing calls for
Scottish consumers have begun to increasingly display a diminishing interest the Black Friday sales, with a mere 35% expressing intent to participate in 2023, signalling a significant drop from the previous year's national interest of 61% to 44%.
Aberdeen house prices have experienced a minor quarterly decrease of 0.6%, with a more significant annual drop of 4.4%, according to the Aberdeen Solicitors' Property Centre (ASPC).
Scots lawyer Patrick Stewart has been appointed as interim CEO of Manchester United.
A review by the Financial Conduct Authority (FCA) has found that while most Authorised Fund Managers (AFMs) have made efforts to comply with the FCA’s expectations on the design, delivery, and disclosure of their ESG and sustainable funds, further improvement is needed. The FCA is publishing t
EY has announced that Janet Truncale has been elected its next global chair and CEO, becoming the first woman to lead a big four firm. Ms Truncale is currently serving as regional managing partner, EY Americas Financial Services Organization (FSO). In this role she leads a diverse team of more than
Two fifths (40 per cent) of Scottish corporate retailers opted to display festive themed goods earlier in the year, according to new findings from Barclays.