News

The Financial Reporting Council’s (FRC) Executive Counsel has delivered a disciplinary Formal Complaint, under the Accountancy Scheme, against KPMG, a former KPMG partner and certain current and former KPMG employees.

With Covid cases in Scotland having roughly doubled every week since restrictions eased, and with the culmination of the furlough scheme imminent, chartered accountants Wylie & Bisset are advising hospitality sector operators to do cashflow forecasts as a matter of urgency. That’s because

Alan Meek, partner and head of Morton Fraser's restructuring and insolvency team, discusses the intricacies of limited liability. In this two-part article, we highlight for directors some of the main ways in which the general protection of limited liability does not apply or can be lost.

Fraser Irvine Sheriff Officers LLP has appointed Douglas Bruce to the position of international enforcement and service director. Mr Bruce was formerly Head of Sheriff Officer Services at Scott & Co (Scotland) LLP and is the immediate past President of the Society of Messengers-at-Arms & She

Michael Reid, managing partner at Aberdeen chartered accountancy firm Meston Reid & Co, highlights the need to communicate with HMRC.  There’s been a great deal of talk in recent months around the various options open to any business looking to deal with creditor pressure now that tra

Scottish women working in the technology industry are willing to accept an average minimum salary that is almost £20,000 less than males, according to new research conducted by careers marketplace Haystack. The research comes days after a damning report was published by think tank IPPR Scotlan

The Business Banking Resolution Service (BBRS) is appealing to professional services firms to see if their current and previous clients’ long-standing bank disputes can be tackled. It is estimated that nearly 600,000 UK SMEs could qualify for the BBRS' independent, free-of-charge specialist di

Annual house price growth rose to 11.0% from 10.5% in July, according to the latest Nationwide House Price Index.

New polling, published in an IPPR Scotland report released today, has revealed that people in Scotland are overwhelmingly supportive of the introduction of a four-day working week. In addition, the report finds that a shorter working week - in which workers’ hours are reduced without losing ou

Prestwick Spaceport is “on track to become the continent’s leading space hub” as it steps up its marketing and operational efforts, whilst moving forward with launch partner discussions.

A collection of prized Meissen porcelain which was seized by the Nazis is set to be sold at an auction in New York next month. The porcelain was smuggled across Europe after its Jewish owners were forced to flee the Nazis and were later taken for Hitler before being found in a salt mine by the "Monu

SolarisKit, a Dundee company that launched a pioneering thermal collector flat pack kit following support from Royal Bank of Scotland’s Climate Entrepreneur Accelerator, has been accepted onto Amazon Launchpad, enabling the product to be offered globally. The firm was established in 2019 by me

Lesley-Anne Junner has been appointed as the new head of finance (corporate & IT services) at Thenue Group. Ms Junner will take up her new role in mid-September and follows the retirement of long-serving finance chief John Russell.

Chartered accountants Wylie & Bisset is advising SMEs working in the construction sector confronting material price rises and skills shortages to consider collaboration, diversification, innovation and incentivisation strategies to help them recover from the pandemic. A recent Federation of Mast

Scottish Enterprise has today announced unprecedented support for businesses after investing over £568 million in Scotland’s economy in 2020/21. The record level of funding ensured the country’s national economic development agency supported more firms than ever before, resulting i