News

KPMG is to cut the number of companies it audits to focus on improving its standards after a series of scandals, including the collapse of government contractor Carillion. The Big Four firm's decision to reduce its client numbers comes as more than 70 stock market companies put their audit contracts

AAB, the tech-enabled business-critical services group, has announced the launch of its new branding, as it continues to implement bold growth plans. Driven by a desire to provide clarity and consistency as the group continues to grow and innovate, the rebrand will also position AAB for future growt

Lawmakers in Thailand have been criticised after it was revealed that the country's new parliament building includes a karaoke room. The Sappaya-Sapasathan also features a running track, massage room and golf driving range.

Proposals to help tackle the climate and biodiversity crisis by supporting Scotland’s transition to a zero-waste and circular economy have been launched. The measures, designed to significantly increase reuse and recycling rates, and modernise and improve waste and recycling services, are set

The median FTSE 100 CEO package for 2021 returned to pre-pandemic levels at £3.62 million, according to a preview of Deloitte’s 2022 AGM season report. The research found that while total pay rebounded following 2020, it has stayed below the peak level seen in recent years - a high of &p

Projects which will improve Scotland’s timber transport infrastructure, benefit rural communities and help to decarbonise the forestry sector, have been awarded over £7 million from the Scottish Government. Work to upgrade fragile rural roads, the creation of new forest haulage routes, a

There are currently 195 employee-owned businesses (EOBs) operating in Scotland, according to new research commissioned by Co-operative Development Scotland (CDS), which is part of Scottish Enterprise. The research has given the clearest picture yet of Scotland’s EOBs and their economic contrib

New tax-free childcare statistics from HMRC have revealed that 29,110 families in Scotland received up to £2,000 towards the cost of their childcare during the 2021 to 2022 tax year, up from 20,330 in the previous year. Tax-free childcare provides thousands of eligible working families with vi

A Picasso painting owned by Sir Sean Connery has sold for £17 million at an auction. The late actor's family listed the artwork for sale to raise funds for the Sean Connery Philanthropic Trust, which will share the proceeds between good causes in Scotland and the Bahamas, where he lived for ov

A significant majority of businesses (68%) expect to be promoting a more regular return to the office by the middle of this year, according to the latest EMEA Occupier Sentiment survey from global real estate advisor CBRE. Nearly a quarter of those surveyed (23%) said the process is already underway

EY is considering a global restructuring that could see it spin off the audit division from its advisory business. Yesterday, EY confirmed that it was in the “early stages” of separating its audit business from its consultancy arm.

Building and construction business The JR Group has promoted its group accounts manager Elaine Dickie to group finance director, marking the latest addition to the board of directors for the group. Elaine was promoted to the post, which coincides with her 10 years of service with The JR Group, makin

The Scottish Chambers of Commerce (SCC) has appointed Seona Shand as its new international trade director. Ms Shand has over a decade of experience in the field of international trade and brings to SCC deep knowledge and practical experience of trading internationally, doing business in new markets

New research from Grant Thornton UK’s latest Business Outlook Tracker finds that, since the lifting of legal COVID-19 restrictions in February, just over half (51%) of the 604 mid-sized businesses surveyed have adopted a hybrid working approach. This is quite a significant dip compared to resp

Finance secretary Kate Forbes has welcomed the short term action announced by the Chancellor of the Exchequer to ease the cost of living crisis, but warned more support is needed for households and businesses as the cost of living crisis worsens. Following calls from the Scottish Government, the UK