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Audit costs are set to rise by as much as 50% for businesses next year, BDO managing partner Paul Eagland has warned. Mr Eagland said: “I think we’ll see fee inflation next year ... of around 20 per cent,” adding “For certain audits, it could be 50 per cent".

AAB Group has appointed Derek Mitchell as its new chief operating officer, less than 28 months after the firm secured investment from August Equity to fast-track its growth plans. Mr Mitchell has been part of the AAB team for over 16 years and has seen the business grow from 80 people in Aberdeen to

The Scottish Government has announced that organisations applying for public sector grants will need to pay at least the real living wage and provide channels for staff to have a say in the workplace from July 2023. The condition applies to organisations receiving grants from the Scottish Government

PRA Group, global financial services and debt acquisition firm, has celebrated 10 years of business since establishing its Scottish base in Kilmarnock.  UK government minister for Scotland Malcolm Offord joined PRA Group president and CEO Kevin Stevenson, other local leaders and employees to ma

River Clyde Homes has secured a £117 million loan facility from the Royal Bank of Scotland to help address the rising demand for sustainable, energy efficient homes in the west of Scotland.

The tax on buying property in Scotland has reached a new record figure in the latest statistics, according to analysis by property firm DJ Alexander Ltd. The firm said that Scottish Government revenues from Land and Buildings Transaction Tax (LBTT) increased by 11.5% between September and October ri

North Star has secured a £140 million financing package to support the next phase of its offshore wind growth plan.

The second in a series of four events dedicated to supporting the FinTech Scotland Research & Innovation Roadmap will take place in Edinburgh this week. The FinTech Research & Innovation Event Series is providing a platform for discussion that will continue to support an industry-led approac

Despite high inflation, rising energy prices and a tighter labour market, 33% of firms in Scotland expect this Christmas trading period to be merry and bright compared to last year, according to the latest insight from the Lloyds Bank Business Barometer.

Satellite-enabled cloud services company Mangata Networks has announced it has chosen Scotland as the location for its research & development activities as well as satellite manufacturing, space systems and core network operations. Over the coming few years, up to 575 new jobs will be created as

Over half a million UK small and medium-sized enterprises (SMEs) are spreading Christmas cheer among their workforces this year by giving the gift of time, according to the latest quarterly Barclays SME Barometer. 10% of the UK’s 5.6 million SME businesses said they’ll be gifting each em

McKee Campbell Morrison (MCM) has welcomed Colm Kerr who joins as associate director, Marc Waters who joins the insolvency and litigation team as solicitor, and Darcy King to the private client team as trainee paralegal. Mr Kerr joins from Dentons and will be working as part of MCM’s corporate

The board of Aberdeen New India Investment Trust PLC has announced the company’s net asset value (NAV) increased by 5.9%, in its unaudited results for the six months to 30 September 2022. In what was a turbulent six months the trust's NAV increase was lower than its benchmark, the MSCI India I

PwC's offices are set to shut for the first time over Christmas to reduce energy costs and usage amid the energy supply situation this winter.

A solicitor who swindled American investors out of $16 million (£13m) while acting for them in the purchase of the iconic Taymouth Castle in Perthshire, where Queen Victoria spent her honeymoon, has been sentenced to 12 years in jail — a term believed to be a new record for a lawyer