News

The Institute of Chartered Accountants in England and Wales (ICAEW) has appointed Alan Vallance as its upcoming chief executive. He is set to assume the role in Spring 2024, succeeding Michael Izza, the Institute's head since 2006.

Scotland's financial sector has unveiled an ambitious strategy aiming to add £7 billion to the Scottish economy over the next five years. The strategy has been developed in collaboration with City of London Corporation, TheCityUK, FinTech Scotland and the Global Ethical Finance Initiative, and

EY Scotland has welcomed the appointment of nine new partners, 150 promotions and 100 graduates and apprentices, as the firm announces record UK revenues of £3.8 billion in FY23. The partner appointments include seven internal promotions and two external hires, across Edinburgh and Glasgow, br

The second round of applications to receive funding from the Scottish Building Society Foundation has now closed, with charities across Scotland awaiting to see if they are successful. In the last round of funding, nine successful charities from across Scotland were chosen to receive grants to the c

A new 20-acre solar park has opened in Forfar after securing a funding boost of nearly £2 million from Lombard, significantly boosting green energy production in the local area.

Wright, Johnston & Mackenzie LLP has acquired Inverness law firm Macandrew & Jenkins WS Ltd.

A Range Rover owned by Queen Elizabeth II is set to be sold at auction for £60,000.

Blair Nimmo and Geoff Jacobs from Interpath Advisory were appointed joint provisional liquidators of Newman Bonar Ltd on Wednesday 25 October 2023. The company was established in Dundee in April 2023 by its present owner to acquire the business and assets from the administrators of Bonar Yarns Limit

Aberdeen’s office market has turned a corner following a subdued start to the year as more businesses signal their commitment to the city, according to analysis from Knight Frank.

abrdn plc's U.S. subsidiary, abrdn Inc., has entered into an agreement with First Trust Advisors L.P. to acquire the assets of four closed-end funds listed below, adding AUM totalling approximately £0.6 billion. Subject to approval by the shareholders of the respective funds, the four closed-e

Cupar-based commercial laundry firm Fishers has seen its revenues rise by over £17 million in the last year as the Fife business reopened its factory in Perth.

A panel of experts which includes executives from global finance firms have backed First Minister Humzah Yousaf's plan to issue Scottish Government bonds. The panel of experts recommended that a Scottish Bond issue could significantly raise Scotland’s international financial profile, build its

BrewDog Distilling Co. will release its first ever rum casks for sale as part of an annual online auction with specialist spirits auctioneer, Whisky Hammer.

Life science company BASF Pharma (Callanish Ltd) has opened its £1.8 million consumables warehouse in the Isle of Lewis.

Business confidence in Scotland is ahead of the UK average although challenges remain, a survey of chartered accountants published today by ICAEW has found.