News

The Financial Conduct Authority (FCA) has issued a stark warning to homeowners about the "freemen on the land" movement, a group promoting the pseudolegal theory that individuals are not bound by mortgage contracts they do not consent to. This conspiracy theory, gaining traction through social media

KPMG UK and one of its audit partners, Nick Plumb, have been sanctioned by the Financial Reporting Council (FRC) following the discovery of "serious" breaches in the audit of London-listed agricultural supplies company Carr's Group. The FRC's investigation into the audit for the financial year endin

HMRC has revealed plans to to eliminate most outbound post to taxpayers as part of a significant cost-cutting measure aimed at saving £50 million by the end of the current Parliament. Under the new plans, the tax authority will cease sending all letters except for those that directly generate

Dobbies Garden Centres has announced the appointment of two new directors to its executive team. George Hutchinson will take on the role of retail director, while Richard Herbert has been named restaurant director.

A new law which makes it easier for Scottish businesses to borrow against their moveable assets could help unlock more cross-border investment, a banking expert believes. The Moveable Transactions (Scotland) Act came into force on April 1, bringing Scotland’s lending legislation into alignment

Thorntons has announced that its former chair, Colin Graham, is stepping down as a partner after more than four decades with the Dundee-headquartered business. Mr Graham, 64, joined Thornton, Dickie and Brand as they then were in 1984 and was appointed partner four years later at the age of 27 to Th

The Institute of Chartered Accountants of Scotland (ICAS) has praised the UK government’s focus on driving economic growth in its Spending Review, but warns that while ambitions around investment in education, healthcare, infrastructure and housing are commendable, the lack of clarity on how t

Elevator has launched a Scottish SME survey – SME Scotland Survey 2025 – to analyse what the entrepreneurship and business support group believes to be the “missing middle” in growth support across Scotland, and seeking to better understand what Scotland’s SMEs need to

Law firm Wright, Johnston & Mackenzie LLP (WJM) has announced its financial and expert support for a new programme aimed at fostering the growth of Gaelic entrepreneurs. It has pledged financial support to the Gaelic Business Accelerator Programme – Cruthachadh Chothroman – run by Hi

The UK economy contracted by 0.3% in April, a sharper decline than economists had forecast. Data released by the Office for National Statistics on Thursday revealed a more substantial downturn than the 0.1% contraction that had been anticipated, reversing the 0.2% growth seen in March.

A pioneering Scottish technology that could dramatically speed up the development of life-saving cancer treatments has secured a £750,000 seed investment. ScreenIn3D, a spin-out of the University of Strathclyde, has developed a groundbreaking “lab-on-a-chip” system that allows drug

House prices in Scotland rose over the past three months at the slowest rate seen since the beginning of 2024, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey. However, with new buyer activity rising, surveyors expect price growth to pick up over the

Blended whisky brand The Famous Grouse has again made available an edition of its whisky for Father's day with the label instead reading 'The Famous Dad'.

The Scottish Government is set to receive a £2.9 billion funding boost following the spending package set out by Chancellor Rachel Reeves in Westminster today. The £113bn spending package will result in an extra £2.9bn in the block grant as a result of the Barnett formula.

Banks in China have been banned from offering trendy Labubu dolls to new customers. The dolls, created by Hong Kong designer Kasing Lung, have become a global trend, thanks in part to their embrace by TikTok influencers.