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…

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 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…

Perth-based electricity infrastructure giant SSE plc is set to expand its operations in Glasgow after securing 62,000 sq ft across four floors in Aurora, 120…

Historic Environment Scotland (HES) said it has released a set of reports providing insights into Scotland’s historic environment sector and a framework to help drive…

The Scottish Rugby Limited (SRL) board said it has appointed international banker Stephen White — currently chief operating officer for Santander UK — as an…

A new report published by the Scottish Human Rights Commission recommends the Scottish Government should produce and publish two key fiscal documents to improve budget…

The Scottish National Party (SNP) has lost 38 Westminster seats so far in the UK general election — amid a low turnout by voters —…

Scottish Rugby announced that CEO Mark Dodson will step down in the summer of 2024. Dodson, who was appointed in September 2011, previously had his…

Royal London has announced big changes to its board as its two longest-serving non-executive directors, Ian Dilks and Sally Bridgeland, retire. Dilks was appointed to…

BT Group plc has announced the appointment of Glaswegian Allison Kirkby as its next chief executive. Kirkby will take over from Philip Jansen around the end…

Fast-growing Aberdeen headquarted accountancy group AAB said it has acquired professional services firm French Duncan in its largest acquisition to date. AAB Group now employs…

SSE plc, the Perth-based power giant, has raised its annual earnings expectations, helped by the strong performance of its flexible generation plant. Shares of SSE, the biggest listed…

Scottish Rugby has published its Financial Statements 2021-22 ahead of the second part of the organisation’s AGM on September 28, 2022. Scottish Rugby said its…

Glasgow-based global engineering and mining giant Weir Group said on Friday that Nicola Brewer and Tracey Kerr joined its board as independent non-executive directors with effect from…

Scottish Rugby has announced that chief executive Mark Dodson will continue in his role through to the summer of 2025. “The board of Scottish Rugby…

The Scottish investment sector is paying between 15% and 20% more in “retention salaries” just to keep hold of staff working in specialist finance and…

Deloitte announced the appointment of Angela Mitchell as its senior partner for Scotland, the first woman to hold the position. Mitchell has been office senior partner…

Scotland’s Anderson Anderson & Brown (AAB) has announced a merger with FPM, an all-Ireland independent accountancy and business advisory firm. AAB Group has grown rapidly…

McColl’s Retail Group announced on Tuesday it expects to request that its shares be temporarily suspended from June 1 after confirming “it will not be in…

Scotgold Resources Limited, the Australia-based gold exploration firm focused on Scotland, has announced big changes to its board. Scotgold said Sean Duffy, 52, joins the firm…

Baillie Gifford’s high-flying flagship fund, the £20 billion Scottish Mortgage Investment Trust plc, announced the appointment of Prudential plc chief financial officer Mark FitzPatrick as a non-executive director….