News

Lesley Glen has joined KidsOR, the global charity tackling the global crisis in children’s surgery, in the newly-created chief operating officer role (COO), bringing over 30 years of experience within the finance, business and strategy sectors. Joining from the Institute of Chartered Accountan

Big Four accountancy firm Deloitte has slashed its London office space by a third, as the firm announced that it will be making its hybrid working model permanent.  The firm has got rid of two buildings in the capital which had 250,000 sq ft of office space in total, cutting its holdings to jus

International law firm CMS has announced the promotion of five new partners in Scotland, including Kirsty Nurse from the firm's finance team. The promotions include Bruce Harvie and Kate Darracott from the corporate team and Will Anderson from the Litigation & Arbitration practice.

Faced with a more uncertain economic climate, a record number of finance leaders (98%) anticipate operating costs to rise in the year ahead, according to Deloitte’s UK CFO Survey Q1 2022. Almost half of CFOs (46%) expect these rises to be significant.

Scottish micro-investment firm CAM Ventures is celebrating the first addition to its management team with the appointment of Penny Wither to the position of commercial manager. Established in the summer of 2021, CAM Ventures has developed a varied portfolio of ‘hospitality-adjacent’ inve

Glasgow-based insurance firm Kelvin Smith is getting ready to celebrate 40 years in the highly competitive industry with a record turnover of £15 million. Kelvin Smith, which was founded in November 1982, has established itself as one of Scotland’s leading firms of insurance brokers, wea

North-east accountancy firm SBP Accountants and Business Advisers has welcomed senior manager Stuart Clark as its new director, as the company positions itself for further growth across its four regional offices. Stuart Clark’s promotion has made him the youngest member of the team to achieve

A traveller was forced to part with his cane at airport security after officials discovered a blade inside it – which the man said he didn't know was there.

Business minister Ivan McKee has said the UK Government’s Shared Prosperity Fund fails to deliver promised funding for Scotland following the UK’s exit from the European Union. New arrangements published today will see £32 million allocated to Scotland for 2022-2023 - £151 mi

The Financial Reporting Council (FRC) has published a new Audit Firm Governance Code for the Big Four audit firms and firms that audit FTSE-350 companies and significant numbers of public interest entities (PIEs). The new Code is a result of the findings of a monitoring programme undertaken by the F

The Financial Reporting Council (FRC) has launched a consultation to take responsibility for the registration of auditors of public interest entities (PIEs) from the recognised supervisory bodies (RSBs). The proposal will bolster the FRC’s supervisory toolkit and enable it to become increasing

Increasing pressure is mounting on Scottish businesses as the cost-of-doing-business crisis hits the bottom line, according to the latest findings from a Scottish business survey from the Scottish Chambers of Commerce (SCC).

abrdn Asia Focus plc, a company managed by abrdn, has confirmed its half-yearly results for the six months ended 31 January 2022, revealing a strong performance over the period. Net asset value (NAV) total return was +0.6%, ahead of the recently adopted MSCI AC Asia ex-Japan Small Cap Index return o

New buyer enquiries in Scotland’s housing market are not yet translating into increased sales activity due to the lack of supply of properties to the market, according to the latest RICS Residential Market Survey. A net balance of 29% of respondents in Scotland said that there was an increase

Just over a quarter of savers surveyed (26%), who have a workplace pension, think that their current amount of pension saving will not be enough to get by on when it comes time to retire, a Pensions and Lifetime Savings Association (PLSA) survey has heard. With UK households feeling the pinch off th