Britain’s big four accountancy firms should be broken up in order to loosen their stranglehold on the audit market, a hard-hitting report argues.
Paperchase has gained approval for a radical shake-up of its rent obligations amid declining footfall on the high street, putting a handful of stores at risk of closure.
Giraffe and Ed’s Easy Diner will close 27 restaurants after a restructuring plan gained approval, triggering hundreds of job losses.
More than 50 jobs have been saved after Aberdeen-headquartered Aiken Group was bought out of administration in a pre-pack deal.
Scottish sales in February saw a 0.8% drop compared to last year with more uncertainty for consumers in the months ahead.
Paperchase is set to close a small number of its shops as part of a restructuring plan, as it becomes the latest victim of the UK’s high street crisis.
Business insolvencies in Scotland have risen by 14% in a year, new figures indicate.
Up to £30 million per week is being spent on the delayed Crossrail project, it has emerged.
Cake chain Patisserie Valerie has collapsed into administration, putting more than 3,000 jobs at risk.
A second investigation has been launched by the UK’s accounting watchdog into KPMG’s auditing of collapsed construction giant Carillion.
A north-east oil service firm has folded before its latest incarnation could get up and running.
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.