News

New research commissioned by the Financial Reporting Council (FRC) has shown that the development of standards for audit committees would support a more consistent approach to promoting audit quality. The research, conducted by YouGov, involved interviews with Audit Committee Chairs (ACCs) on how th

New data from Barclays released today reveals that there has been a 20% surge in business scams in the past five months, with thousands of SMEs across the UK falling victim to highly sophisticated and targeted scam tactics.

Pig entrails have been flung across the floor of parliament in Taiwan in protest at new pork import rules.

Scottish Investment Operations (SIO) has appointed Denise Thomas as its new chair, replacing Pauline Burns who has held the position since 2017. Ms Thomas is commercial & client operations director at Standard Life Aberdeen (SLA) where she is responsible for client operations, the oversight

Edinburgh-based accountancy firm Steeman has become the latest Empowerment Partner of Dundee-based Women’s Business Station, a social enterprise which supports women in setting up a variety of enterprises, large and small. Empowerment Partners help support that drive, by offering professional

Scotgold Resources Limited, the gold exploration and production company focused on Scotland, has announced that the first gold was poured at the firm's Cononish Gold & Silver Mine yesterday. The first pour is a major milestone in the commissioning of the processing plant and the company has said

The largest 100 companies in the UK paid just £84 billion in tax last year, the equivalent to just over £1 in every £10 received by HMRC, according to an annual survey by PwC.

An English bar owner who refused to pay VAT on his 'super juices' by claiming they should be classed as food, has won a five-year legal battle with HMRC.

Business confidence in Scotland fell 10 points during November to -38%, however, the prospect of a COVID-19 vaccine offers hope, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

The UN Secretary General declared 2020 to be the year to mobilise for a “decade of action” to deliver the UN Sustainable Development Goals (SDGs) by 2030. In response, the Association of Chartered Certified Accountants (ACCA) has announced its contribution to this global ambition by publ

Lanarkshire-based biotechnology company ILC Therapeutics (ILCT) has announced that it has secured significant investment from its first global investor Medical Incubator Japan (MIJ). The Scottish life sciences company, which has received international attention through its work exploring COVID-19 th

UK house price growth rose by 6.5% in November, the highest rate since January 2015, according to the latest Nationwide House Price Index.

Bank of Scotland owner Lloyds Banking Group has joined forces with 500 UK retailers to offer cashback services in communities where cash availability is low. The initiative builds on the success of a 2019 pilot, also delivered in partnership with Visa, and could be extended further if successfu

Tech Nation has announced the five Scottish regional winners of its Rising Stars 3.0 competition.

Multiple projects across Scotland have received £3.6 million of funding in the latest round of grants from the Scottish Land Fund. The money will allow groups from both urban and rural areas to take ownership of local assets and put them to use for the benefit of their local communities.