News

Scottish accountancy veteran Aidan O’Carroll is stepping down from his role as senior partner at EY after 35-years at the firm. For the last three years, Mr O'Carroll has been based in Glasgow working primarily with Scotland’s family and private business sector. Prior to that, he spent 1

Cunninghame Housing Association has agreed a £15 million funding programme with Royal Bank of Scotland to create a new social housing programme for Ayrshire and the Borders. The £15m long-term facility, which builds upon an existing relationship with the bank, will fund 236 new homes acr

The Financial Conduct Authority (FCA) has confirmed that motor finance customers, those paying for high-cost credit products such as buy-now pay-later (BNPL), rent-to-own (RTO) and pawnbroking customers can receive a payment freeze until October this year if they are facing payment difficulties due

ClearWater Hygiene, an Edinburgh-headquartered business launched just 12 weeks ago in response to the coronavirus outbreak, is now on course to generate more than £30m in revenue after securing a raft of significant corporate contracts across the UK. The company, founded by property developer

Russell Alton, the current finance chief of Norwegian energy firm Equinor, has been appointed as the new chief executive of Aberdeen-based Neo Energy. Mr Alton will take up his new role at the end of August.

Business organisations across Scotland have welcomed First Minister Nicola Sturgeon's latest announcement on the easing of lockdown restrictions in Scotland.

A group of industry experts have submitted an action plan to the Scottish Government in an attempt to limit unemployment caused by the economic impacts of coronavirus.

Thousands of SMEs across the UK have expressed their stress and anxiety ahead of the July 4 lockdown lifting in England, according to the latest results from the ACCA and The Corporate Finance Network SME Recovery Tracker.

Environmental charity Remake, which is based in Crieff, has secured £56,852 from the Scottish Government’s Supporting Communities Fund through The National Lottery Community Fund. The funding will allow the charity to support its local area as a COVID-19 anchor organisation.

A rare photo of the six children of King George V and Queen Mary, showing a young Prince John, who was kept out of the public eye is due to be sold at auction for an estimated price of £3,000.

PwC has appointed Matthew Hall as office senior partner at its Edinburgh office whilst Robin McBurnie has been appointed to the same role in Glasgow.  In addition, Edinburgh-based Jason Higgs and Paul Cheshire both became partners at the firm on July 1. Mr Higgs leads PwC Scotland’s Busin

Virgin Money, the owner of Clydesdale Bank, has announced that it will resume plans for branch closures in Scotland which it halted due to the coronavirus pandemic. In May, the bank's boss David Duffy said it had paused plans to change bank branch names to Virgin Money as it made provisions for high

Audit, tax and consulting firm RSM is lending its support to Edinburgh-based retail firm Lost Stock by helping to run its day to day finances.

Burness Paull has completed a multi-million-pound fundraising round which saw the firm's top equity partners double their capital stakes to £300,000. Partners chose to inject the cash into the business instead of raise bank borrowings, The Lawyer reports. The firm has also reduced its monthly

Since the start of the coronavirus crisis, audit firms across the UK have introduced a range of additional measures to improve their evaluation of companies’ going concern assessments.