Scotland’s colleges need more clarity from Scottish ministers on what parts of their role to prioritise, as the sector’s financial challenges mount, according to a…

Audit Scotland has called for more transparency from the Scottish Government and other public bodies on how Covid-19 funding is being spent. Audit Scotland said…

The financial health of Scotland’s colleges has deteriorated, with overall income falling and the colleges’ underlying deficit increasing to £8 million, according to Audit Scotland’s annual…

The Scottish Government’s IT programme set up to deliver financial support to farms and rural businesses has been slammed in a report by Audit Scotland. The…

A new report from Audit Scotland said the Scottish Public Pensions Agency (SPPA) needs to be more transparent about its progress updating thousands of people…

The NHS in Scotland “has not improved in line with commitments made by the Scottish Government” despite having more staff and more money, according to…

Auditors have now found a range of additional spending at the Water Industry Commission for Scotland that “did not meet public sector spending rules” in the…

KPMG’s new Senior Partner in Scotland, Vishal Chopra, has revealed a new-look senior leadership team. Chopra oversees a team of more than 900 people across KPMG’s…

The Scottish Government must “move beyond making short-term savings to balance its budget” and “urgently reform” to address the public sector’s unsustainable finances, said Audit…

The Association of Chartered Certified Accountants (ACCA) has called for the Scottish Government to increase the threshold at which charities have to complete an audit…

PwC has announced 234 promotions across Scotland, including two new equity partners. The latest round of promotions, which extends to team members across all lines…

The Scottish Government’s Cabinet Secretary for Rural Affairs, Land Reform and Islands, Mairi Gougeon MSP, announced the appointment of Global Wind Energy Council senior fellow Adam Bruce, Scottish…

The Institute of Chartered Accountants of Scotland (ICAS) has called for the next UK government to “urgently prioritise audit and corporate governance reform” in order…

KPMG UK has appointed Vishal Chopra to lead the professional services firm in Scotland. Chopra will be responsible for a team of more than 900…

Significant changes are required to ensure the financial sustainability of Scotland’s health service, according to a report from Audit Scotland. The report said the Scottish…

Business and financial adviser Grant Thornton UK LLP has announced changes to its leadership team in Scotland, with Stuart Preston appointed new practice leader and three…

The head of the economic regulator of Scottish Water has left his job after Audit Scotland said it found “unacceptable use of public funds” by senior…

The 2021-22 audit of Ferguson Marine Port Glasgow (Holdings) Limited has highlighted “doubts over ferries’ costs, the future of Ferguson Marine shipyard and unacceptable bonus…

Audit Scotland has warned that faster reform of Scotland’s public sector is needed to protect services in the long term. “The Scottish Government is facing…

A report from Audit Scotland has slammed the “multiple failings” that have led to the massive delays and cost overruns that continue to obstruct the…

A joint report from Audit Scotland and the Accounts Commission has said that a detailed analysis of how almost £5 billion of Covid-19 business support funding was…

Flaws found in the way that Scottish Canals recorded and valued its assets meant that auditors could not give an opinion on its accounts, according to…

The Auditor General for Scotland Stephen Boyle has said the Scottish Government needs to take “urgent action” to ensure essential progress in improving how workforce…

A new report from Audit Scotland has said more clarity is required on private finance public infrastructure projects in Scotland. Audit Scotland said that currently,…

A new report from Audit Scotland says “City Deals” have been positive for Scotland’s economy but the Scottish Government “does not have a plan to…

The Auditor General for Scotland on Thursday criticized the financial reporting of the Scottish Government, saying it “has taken a step backwards at a time…

Claire Reid has been named PwC’s first female leader in Scotland, replacing Lindsay Gardiner who is stepping down from the role after seven years. Gardiner…

The Auditor General for Scotland has warned that the Scottish Government needs to show greater strategic leadership across the public sector to achieve its digital…

Scotland’s Auditor General Caroline Gardner warned in a new report that recruiting the skilled staff required for the Scottish government’s new financial and social security…

Audit Scotland’s annual review of the NHS said the health budget was £12.9 billion in 2016-17  — 43 per cent of the total Scottish Government budget…

The Auditor General for Scotland, Caroline Gardner, has sent a report to the Scottish Parliament on the “financial sustainability” of three colleges — Edinburgh College,…

The Scottish Government said it has been confirmed as “high” investment grade, matching the UK and better than Spain, Italy and Japan, by two global…

Colleges Scotland is calling for “the reversal of years of underinvestment in the college sector” before the end of the current Scottish Parliament and a…

A report from Audit Scotland said NHS Grampian and NHS Ayrshire and Arran both needed large loans from the Scottish Government to break even in…

A report from Audit Scotland says that Scotland’s colleges have experienced a 20% real terms cut in funding over the last five years. “Colleges are…

The Scottish National Investment Bank — Scotland’s development bank — said its income increased 78.8% to £34.5 million in the year to March 31, 2025….

The state-owned Scottish National Investment Bank will not be able to end its reliance on public funding unless ministers can make a case for UK…

The Scottish Government Finance Secretary Shona Robison this week unveiled her Budget for 2025-26. The main points included: The Scottish NHS will receive a record…

The Scottish Government has not been transparent enough with the Scottish Parliament or the public about the medium-term financial risks it is facing, according to…

The Scottish Government’s acting Cabinet Secretary for Net Zero and Energy Gillian Martin has announced the resignation of Donald MacRae as chair of the Water Industry…

The Scottish Government’s finance secretary Shona Robison has announced £500 million of spending cuts to balance the 2024-25 Scottish Budget in the face of what…

The time has come for Edinburgh and Glasgow to have “directly elected mayors that work together formally” to promote Scotland’s Central Belt as a “Growth…

Figures compiled by Highlands and Islands Enterprise (HIE) show that businesses and communities supported by the agency during the last financial year are set to…

Scotland’s councils faced a collective gap of up to £585 million between the money needed to deliver their services and the money available to them…

The Scottish Government’s 10-year economic strategy “currently lacks collective political leadership and clear targets” according to a new report from Audit Scotland. The Scottish Government…

Scottish Government projections suggest it cannot afford to pay for public services in their current form, according to the Stephen Boyle, Auditor General for Scotland. Audit…

The Scottish Government no longer expects to have enough money to deliver all its planned £26 billion investment in public sector infrastructure, according to Audit…

Year end statistics from Highlands and Islands Enterprise (HIE) show it approved up to £63.2 million of investment in 489 projects by 313 clients during the…

Scottish Canals “urgently” needs to improve its financial reporting, according to Audit Scotland. The 2021-22 audit of Scottish Canals was carried out by Grant Thornton…

The Scottish Government spent £49.2 billion against a budget of £51.2 billion in 2021-22. “The total outturn underspend of £1,988 million does not represent a…

Scottish Environment Protection Agency (SEPA) chairman Bob Downes confirmed on Friday that chief executive Terry A’Hearn has stepped down and left his position “following conduct…

The Law Society of Scotland has announced that Diane McGiffen will be appointed as its new chief executive. She succeeds Lorna Jack, who will leave…

Wheatley Housing Group Limited — Scotland’s biggest social landlord — has announced that Alastair MacNish will retire as group chair at its AGM in September. The news…

Audit Scotland said the Scottish Government overspent its 2019-20 budget by nearly £700 million responding to the Covid-19 pandemic. Net spending for the year across…

Audit Scotland has slammed an IT project that ran into difficulties and has cost Scotland’s public sector pension body millions of pounds and “significantly” set…

The Auditor General for Scotland, Caroline Gardner, said in a new report the Scottish Government needs to increase the transparency of its financial reporting on…

More than £209 million of public money was spent on Scotland’s ferry services and assets in 2016-17, an increase of 115% since 2007-08, according to new…

Lloyds Banking Group — which owns Halifax and Bank of Scotland — said on Monday it appointed Professor Russel Griggs to review the cases of firms affected in…

The Scottish government’s finance secretary Derek Mackay has announced that Scottish local authorities will receive a total funding package of £10.426 billion for 2017-18. Mackay’s…

Audit Scotland said the Scottish Government and Highlands and Islands Enterprise (HIE) are making good progress in widening access to high-speed broadband — but that…

Spending by Scotland’s two public enterprise agencies — Scottish Enterprise and Highlands and Islands Enterprise — totalled £398 million in 2014-15, according to a report by…

Highlands and Islands Airports Limited (HIAL) has appointed Christopher Holliday as chair and Gillian Woolman as a non-executive director. Holliday will take over from Lorna Jack, who steps…

Glasgow media firm STV Group plc has announced more changes on its board. Non-executive director Aki Mandhar has stepped down from the board with immediate…

Scottish Financial Enterprise (SFE) announced that Rushad Abadan, Group General Counsel at Aberdeen Group, will become SFE deputy chair on January 1 in place of Jackie…

Heart of Midlothian Football Club said its board has formally approved the appointment of Calum Paterson as the club’s new non-executive chairman, subject to formal ratification…

A forecast gap of nearly £5 billion remains between what Scottish Government ministers want to spend on public services by 2029-30 and the funding available…

Dubai-based Sidara finally announced on Friday afternoon a proposed deal to take over John Wood Group, the troubled Aberdeen-based global engineering and consulting giant. But in…

Dubai-based Sidara has informed John Wood Group, the troubled Aberdeen-based global engineering and consulting giant, that it is committed to making an offer to acquire…

A.G. Barr, the Cumbernauld-based owner of Irn-Bru, Rubicon energy drinks, Boost Drinks and Funkin cocktail mixers, announced that AI expert Rohit Dhawan has been appointed as…

Glasgow-based secure cloud services firm Iomart Group plc announced on Monday a £115 million refinancing of its banking facilities and a delay in the publishing of…