Accountancy firm KPMG is to stop undertaking consulting work for FTSE 350 companies where it serves as auditor to avoid conflicts of interest following a string of scandals.
A north-east oil service firm has folded before its latest incarnation could get up and running.
Scotland’s hospitality industry is showing signs of recovery following years of decline, according to a new report.
The competition watchdog has launched an investigation into Britain’s auditors following a string of scandals and concerns over conflicts of interest.
The Government has raised the prospect of reform of the UK’s auditing industry after ordering probes into its operation in the wake of high-profile failures that cost thousands of jobs.
KPMG may face sanctions from the accountancy watchdog after admitting to misconduct around compliance reports relating to assets held by the Bank of New York Mellon.
Retail sales grew for the fourth month in August following a “successful summer” for retailers, according to a new report.
Oil prices ticked higher on Tuesday as investors feared a shortage in the wake of Donald Trump’s sanctions on Iran and expected hurricanes in the US.
The Debenhams chairman has lashed out at speculation over the struggling retailer’s future, insisting that the chain is not insolvent.
Sterling jumped to a six-week high on Monday after Michel Barnier signalled that a Brexit deal is within sight.
Retail sales continued to slow in August as consumers felt the pinch, despite warm weather fuelled-grocery spending and back-to-school purchases.
Frank Field has led the charge in some of the most high-profile crusades against British businessmen in recent times.
KPMG has been fined £3 million by the accountancy watchdog for misconduct in relation to audits of fashion retailer Ted Baker.
Estate agents could be next on the high street casualty list, with more set to experience financial difficulty as the housing market cools and online firms move onto their turf.
Carluccio’s has been given approval for a restructuring programme that could see it close dozens of restaurants, putting 500 jobs in doubt.
Fears that the North-east economy will suffer a huge blow due to a major rail development have been disputed by a UK Government minister.
A footwear shop in Aberdeen is among a raft of closures after part of the chain was bought out of administration.