News

The Financial Reporting Council (FRC) has imposed fines totalling £5.01 million on PwC and KPMG for audit failings in relation to Eddie Stobart Logistics (ESL), a logistics company listed on the Alternative Investment Market.

The Scottish Borders Council has confirmed the appointment of two new directors, Suzy Douglas, director of finance & procurement, and Nuala McKinlay, director of corporate governance, effective immediately. Mrs Douglas, who has been with the council since 1999, started her career as a graduate t

A construction worker has gained some online attention after sharing a story about how he got revenge against a former co-worker using $40 (£31) and some fake coins to make him believe he had struck gold. Redditor u/lrze403 works for a construction company that remodels homes that ha

The Scottish Government has established a Tax Advisory Group to deliver strategic advice on the tax system as part of its Medium-Term Financial Strategy. This move is aligned with a recommendation from the New Deal for Business. The newly-formed group consists of leading economists, academics, and r

James Watt, CEO of Brewdog, the brewery and pub chain headquartered in Ellon, Aberdeenshire, has expressed strong criticisms about the aftermath of Brexit, describing it as “tragic for UK business” and emphasising its detrimental effects on his own enterprise. Mr Watt shared his sentimen

The chairman of Springfield Properties has challenged Stirling Council on the "considerable delays" by planning officials to progress housing at Durieshill. Attending today’s Stirling Council meeting, Sandy Adam made a bold visual statement with an eight-foot figure of a sn

The new £7.5 million Uile-bheist Distillery and Brewery this week completed production of its full core range of craft beer. The facility, which doubles as a whisky distillery and offers a visitor experience, opened its doors in February and is powered by a sustainability centre that harnesses

Following a five-year tenure marked by record-breaking achievements, Thomas Moradpour is stepping down as president and CEO of The Glenmorangie Company to join luxury champagne brand Dom Pérignon, a fellow subsidiary of LVMH. He will be succeeded in post by Caspar MacRae, currently global mar

Four new businesses have been confirmed as tenants at Framework, a contemporary city centre workspace on 124 St Vincent Street in Glasgow. Real estate advisor CBRE, alongside joint letting agent Ryden, secured the new occupiers on behalf of Shelborn Asset Management, owner of the 36,460 sq ft of off

Scottish football club, Arbroath FC, has made headlines following a significant surge in their financial fortunes, tripling their annual turnover to £1.88 million in 2022. Despite the hurdles imposed by the Covid-19 pandemic, the club's rise to second place in the championship helped boost the

A banker, originally from a Welsh council estate, is set to sell his renovated folly in Wales, featured on the 2009 edition of Grand Designs, for a price of £1.85 million. The dilapidated property, spread over 24 acres, was purchased and refurbished by Dean Berry and wife Sarah. The updat

Highland property investment and development company Ark Estates has procured an industrial site for redevelopment in Invergordon on the Cromarty Firth. The site, strategically positioned in the Castle Avenue Industrial Estate, is in close proximity to the Port of Cromarty Firth. This port, along wi

Grant Reid, the former CEO of Mars, has been conferred with an honorary degree from the University of Stirling at a ceremony today. The accolade recognised Mr Reid's exceptional contribution to business, sustainable practices, and social justice.

A Gustav Klimt portrait, "Lady With a Fan", has set a new auction record at Sotheby's in London, selling for $108.4 million (£85.3m). This marks a high point for the city's high-value art market, surpassing the European record set by Alberto Giacometti’s “Walking Man I” in 20