News

The Financial Reporting Council (FRC), has imposed hefty fines on accounting giants PwC and EY, along with a smaller firm, Oliver Clive & Co, for audit failures related to London Capital & Finance (LCF), a collapsed investment group. PwC and EY were fined £4.9 million and £4.4m r

A criminal defence lawyer who repeatedly made off without paying her restaurant bills has been struck off. English solicitor Kerry Ann Stevens was convicted of fraud last year in connection with two incidents, one where she left a restaurant with an unpaid £60.91 bill and another where she lie

Ticketing and bookings platform Citizen Ticket has announced its acquisition of TicketSellers & Eventree, a fellow player in the event ticketing industry with over 25 years of operational excellence, for an undisclosed sum. A multiple seven figure deal, executed through a combination of cash and

Creative and digital agency, LEWIS has acquired Tayburn in a six-figure cash and equity deal that will combine almost a century of creative and digital expertise. This deal will bring together the two firms to offer clients a creative partnership focused on today’s evolving business needs.

Nami Surgical, a Scottish company innovating robotic-assisted surgery, has received a total of £3.2 million of investment and grant funding to revolutionise the field with its ultrasonic platform. St Andrews-based impact investment firm Eos Advisory (Eos) led the seed £2.5m round alongsi

Glasgow City Region’s manufacturing sector is poised for a significant uplift, courtesy of a £14 million 'levelling up' injection into three pioneering research and development (R&D) initiatives.

Scotland's gross value added (GVA) is expected to rise by 0.4% this year, down from a previous forecast of 0.7%, according to the latest EY ITEM Club Scottish Spring forecast. A slightly stronger growth trajectory for 2025 is now projected — 1.7%, up from 1.4% — with sustained growth in

The property market across Edinburgh, the Lothians, Fife, and the Borders witnessed a moderate overall rise in average selling prices, though with notable variations among regions.

BNP Paribas Real Estate has made two appointments in its valuation team across Scotland, marking a doubling in size. Under the direction of Jim Crafford, who took over the role of UK head of valuation in early 2023, the Scotland team has expanded most recently with the recruitment of Guy Dalziel as

Haines Watts has enhanced its VAT services for owner managers in Scotland with the addition of Afshana Mohammad as new VAT manager. Ms Mohammad joins the firm’s VAT team with over 15 years’ worth of experience in both private practice and industry. She will be splitting her time between

TLT has strengthened its banking expertise with the recruitment of Euan Cluness as partner. Joining TLT from Addleshaw Goddard, Mr Cluness brings over a decade of experience advising banks and borrowers on some of the most complex debt finance transactions in the UK.

The Highlands and Islands Food and Drink Awards 2024 has been launched, with 16 categories open for entries.

Scottish retail sales experienced a notable dip, reflecting a 4.0% year-on-year decrease compared to April 2023 figures, according to the Scottish Retail Consortium and KPMG. The shift in Easter's timing, occurring earlier this year in March, distorted year-on-year sales comparisons, with purchases

Edinburgh-headquartered 2i testing has secured funding worth eight-figures to accelerate growth as it targets turnover in excess of £50 million in the coming years.

Shell has announced the expansion of its enterprise development initiative, Shell LiveWIRE, throughout Scotland to aid entrepreneurs in overcoming business obstacles. Initially launched in North-East Scotland, the programme now encompasses the entire country, offering support to businesses focusing