News

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

Big Four accountancy firm KPMG is aiming for 29% of its partners and directors to come from working class backgrounds by 2030. The target comes as the firm published its socio-economic background pay gaps for the first time as part of the firm’s Environmental, Social and Governance plan: Our I

Deloitte has reported aggregate global revenue of $50.2 billion for the year ended 31 May 2021 - a 5.5% increase. The firm's workforce increased by 3.2% to more than 345,000 within the same period.

Aberdeenshire-based financial advisory firm Phil Anderson Financial Services has appointed Luke McColl as a financial adviser in their expanding Caithness branch.  The firm supported the former Wick High School pupil to complete his professional exams, before offering him a role within their Wi

Glenapp Castle, a five-star boutique hotel in Ayrshire, has completed the development of its new Endeavour penthouse apartment following a £1.25 million finance package from Royal Bank of Scotland.

Scottish businesses Ascensos, Bella & Duke, Good-Loop, Snag Group Limited, and Systal Technology Solutions have been chosen to advance to the final stage of EY Entrepreneur Of The Year UK. The Scotland 2021 winning categories are:

Falkirk-based Candle Shack, a fast-growing e-commerce business that supplies candle-making components and contract candle manufacture for luxury international brands, has completed a £4.4 million deal with Maven Capital Partners to pursue an ambitious European expansion plan. The family-run bu

The Strathclyde Pension Fund has been approved as a signatory to the Financial Reporting Council’s UK Stewardship Code. The UK Stewardship Code is renowned globally as a best-practice benchmark in investment stewardship, and comprises a list of principles for asset managers, owners and service

Neil Bradbrook, managing director of Falkirk-based Ahead Business Consulting, highlights the new opportunities made available to Scottish businesses in the wake of the COVID-19 pandemic. Scotland has just 6% of the UK’s business base, spread out across a third of the land area.

AccelerateHER and Scottish Enterprise are partnering to increase support for female-led companies to maximise their global growth potential. This partnership supports Scottish Enterprise’s continuing commitment to gender equality and adds to its existing initiatives to help disruptive, sustain

The number of Scottish Fintech SMEs has increased by over 50% during the eighteen months of the pandemic with the FinTech Scotland entrepreneurial community growing from 119 in March 2020 to 181 today. The growth in innovative enterprises reflects the increase in demand for financial technologies as

Temporary insolvency restrictions protections are being lifted and new targeted measures to support small business and commercial tenants introduced. The Insolvency Service has announced that temporary measures brought in to support businesses from insolvency during the pandemic will be phased out f