News

EY's partners will vote on the firm's break-up after leaders approved the split at a meeting this week.

Accounting and business advice firm Wylie & Bisset has advised hospitality sector operators to plan and project to survive or exit a perfect storm of increasing energy bills just as winter approaches, higher supply and staffing costs, and inflation resulting in a fall-off in consumer spending. W

Todd Fish Tech, an innovative shellfish storage systems business, has expanded its existing premises in Dalgety Bay with the support of InvestFife and Business Gateway. Established by husband and wife team, Errin and Keith Todd, Todd Fish Tech are a manufacturing business producing their patented lo

Deloitte has reported a record revenue of $59.3 billion (£51bn) in its annual results, for the year ending 31 May 2022, an increase of 19.6%. An estimated $16bn (£13.8bn) was attributed to services sold as part of deals with big tech groups.

Australian airline Qantas has become the latest airline to offer its customers the option to book neighbouring seats, giving themselves more room on the flight. This new option will cost the customer between $30 AUD and $65 AUD (£17.72 and £38.39) and the trial is being tested across six

Edinburgh is to be showcased to the world as a centre for education on sustainable finance. An international prospectus from the Global Ethical Finance Initiative (GEFI) has been produced to target students and professionals seeking a career in ethical, green, and socially responsible financial serv

As the UK confronts a highly volatile and uncertain inflationary outlook, PwC has predicted growth in Scotland will sit approximately 0.5 percentage points behind the UK average this year and, like the rest of the country, will be highly dependent on gas prices. The two possible scenarios outlined i

Kilwinning-based Shuttle Buses has become employee-owned, giving all 70 employees a stake in the business as the current managing director plans for his eventual retirement.

Johnston Carmichael has bolstered its specialist support for entrepreneurial businesses and investors with a new head of entrepreneurial tax based in the Central Belt. Joining from French Duncan, Stephen Oates has more than 17 years’ experience in tax, with significant expertise in workin

Cryptocurrency markets have lost significant value in recent weeks as the total market dropped below $1 trillion (£867 billion). The losses come as the two main digital currencies, Bitcoin and Ethereum, have taken heavy losses, dropping 5.9% to $18,720 and 9.2% to $1,514 respectively. This is

New data from the Office for National Statistics (ONS) has shown a recent slowdown in monthly mergers and acquisitions (M&A) activity, as domestic M&A deals were valued at £2.9 billion for Q2 2022 - £0.9bn less than Q1 (£3.9bn). Data suggests M&A activity has been

Figures compiled by Highlands and Islands Enterprise (HIE) have shown that businesses and communities supported by the agency achieved a strong performance in 2021/22 despite considerable economic disruption and uncertainty. Investments during the year supported businesses and social enterprises to

A new survey of accounting professionals has shown that the accountancy industry will undergo a major digital transformation. The survey by Moss, a fintech specialising in finance management of SMEs, showed that more than half of respondents (57%) predict that accountancy will become completely clou

AMTE Power, a manufacturer of battery cells in Thurso, has appointed Alan Hollis to the board. Mr Hollis will initially work alongside the AMTE Power executive management team and it is the intention of the AMTE Power Board that he will take on the role of CEO on or around Monday 31 October 2022, to

A community fund established by Banks Renewables has awarded more than a quarter of a million pounds to local organisations near its South Lanarkshire wind farm. A new annual report has shown that forty-nine grants totalling £267,047 have been awarded by the Kype Muir Community Panel (KMCP) fr