News

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. HMRC is moving

Aberdeenshire Council has appointed Mary Beattie as its new head of finance. Ms Beattie has been in an interim capacity since January this year, and was successful in getting the position on a permanent basis following an extensive external recruitment process.

Glenmorangie today opens the doors to its ground-breaking innovation distillery, positioning its delicious single malt Scotch whisky at the industry’s leading edge. Demand for Glenmorangie continues to grow in line with the increased global appetite for exceptional whiskies. And with this mult

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. The landmark deal includes an immediate cash inject

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. Of those, 31% attributed this to a reduced income and 13% had a

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. Over the period, the trust's share price rose by 46.9%, compared to a 0.1%

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. MSIP, a joint venture between Michelin, Dundee City Council and Scottish Enterprise, is a world-class Inn

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.

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.

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.

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. Incorrect or outdated permissions on the Financial Services (FS) Register can mislead consumers

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.

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

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. EY revealed that the investment is part of a $10bn plan to help "further build trust" in the capital markets which will be supported by the implementation of t

Peter Gallanagh, the CEO in Scotland for accountancy firm Azets, has marked the year of the business following a rebrand by paying tribute to staff for their commitment to clients and each other during the last year and for the contribution they have made to the development of the business