News

The federal government of Canada has spent hundreds of thousands of dollars on consultants from KPMG for advice on cost-cutting – specifically, on how to reduce spending on consultancy. This irony is steeped in the recent documents tabled in Canada's Parliament, detailing a hefty sum of $669,6

The UK banking sector has made a substantial £41 billion contribution to the government's tax receipts in the financial year ending March 2023, according to a report by UK Finance and produced by PwC.

Andrew Malcolm MBE, the CEO of the Malcolm Group, a logistics enterprise based in Linwood, has been presented with an honorary doctorate from the University of the West of Scotland (UWS). The accolade was presented during the University's winter graduation ceremony at Paisley Abbey on 15 November. M

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

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.