News



Wylie & Bisset expects HMRC’s enforcement of Loan Charge legislation to be prioritised post-COVID

Chartered accountants Wylie & Bisset believes HMRC’s interest in enforcement of the Loan Charge legislation will again be given priority when HMRC staff are fully returned to pre-Covid roles.

Published 10 September 2021

Grant Thornton: Flood of HMRC fraud enquiries expected as furlough finishes

Scottish businesses should prepare for a flood of letters from HMRC as furlough draws to a close and the UK Government looks to recoup a suspected £7 billion of fraudulent or erroneous Coronavirus Job Retention Scheme (CJRS) claims, according to business advisers Grant Thornton.

Published 10 September 2021

Mary Beattie appointed as Aberdeenshire Council's new head of finance

Aberdeenshire Council has appointed Mary Beattie as its new head of finance.

Published 10 September 2021

Glenmorangie in high spirits as it opens new Highland distillery

Glenmorangie today opens the doors to its ground-breaking innovation distillery, positioning its delicious single malt Scotch whisky at the industry’s leading edge.

Published 10 September 2021

MV Commercial acquires Fruehauf in multi-million-pound deal

Airdie-based specialist truck provider MV Commercial has completed a multi-million-pound deal to buy tipping trailer and rigid body manufacturer Fruehauf out of administration – protecting 120 jobs and securing a positive future for the firm.

Published 10 September 2021

Over a quarter of adults in Scotland more financially vulnerable as a result of pandemic

The pandemic has caused a dramatic rise in financial vulnerability in Scotland as 27% of those in the country now feel more financially vulnerable than they did in March 2020, according to new research from mutual insurer Royal London.

Published 10 September 2021

Standard life UK Smaller Companies Trust Plc sees net asset total return rise by over 41%

Standard Life UK Smaller Companies Trust Plc, a fund managed by Aberdeen Standard Investments (ASI) has posted its annual financial report for the year ended 30 June 2021, revealing a 41.9% increase in net asset total return.

Published 10 September 2021

Eight firms awarded funding by Michelin Scotland Innovation Parc

Eight companies, each focused on alternative energy options to achieve net-zero, have been awarded funding as part of Michelin Scotland Innovation Parc’s (MSIP) first Innovation Challenge.

Published 10 September 2021

SRC: Scottish Budget must stimulate a sustainable retail recovery

The Scottish Retail Consortium (SRC) has published its recommendations for the Scottish Government’s 2022-2023 Budget calling for action to stimulate consumer spending, protect vulnerable consumers, and support hard-pressed businesses.

Published 10 September 2021

Full house at Knight Property Group's Aberdeen retail offering

Knight Property Group has secured the final tenant for its four-unit retail offering at 13 Chapel Street, in the west end of Aberdeen city centre.

Published 10 September 2021

Barclays launches second dedicated start-up accelerator for Black founders

Barclays Eagle Labs is launching its second 12-week virtual accelerator programme, designed to help early-stage tech businesses founded by one or more Black entrepreneurs, in order to continue to help boost diversity in entrepreneurship.

Published 10 September 2021

FCA to move faster to remove unused firm permissions

The Financial Conduct Authority (FCA) has published draft guidance on a new power that allows it to move faster to remove regulatory permissions that are no longer being used by financial services firms.

Published 10 September 2021

FRC publishes review findings on Streamlined Energy and Carbon Reporting

The Financial Reporting Council (FRC) has published the findings of its review of reporting on emissions, energy consumption and related matters under the new Streamlined Energy and Carbon Reporting (SECR) rules which came into effect from 1 April 2019.

Published 10 September 2021

And finally... bad manors

The most expensive home in the USA has fallen into receivership after the owner defaulted on over $165 million of loans and debt.

Published 10 September 2021

EY to strengthen procedures after audit scandals

Big Four accountancy firm EY has announced that it will invest $2 billion over the next three years to strengthen the quality of its audits.

Published 9 September 2021