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Chancellor Rachel Reeves is set to introduce a 22% tax charge on interest earned from uninvested cash held within Stocks and Shares ISAs. Expected to take effect in April 2027, the proposed levy is designed to prevent savers from bypassing incoming restrictions on cash savings and to drive more dome

KPMG Australia chief executive Andrew Yates has resigned with immediate effect following the firm’s mishandling of whistleblower allegations concerning the widespread misuse of confidential client data. The departure of Mr Yates, alongside the resignation of audit and assurance head Julian McP

The Bank of England (BoE) is minded to hold interest rates steady despite the inflationary pressures triggered by the Middle East conflict, as Governor Andrew Bailey confirmed that the withdrawal of anticipated rate cuts has already effectively tightened monetary policy. Speaking at the Reykjav&iacu

An Aberdeen University academic has won a prestigious tax law award.

Aberdeen Investments has appointed Herman Bots as global head of its equities franchise, which has £46 billion assets under management and over 100 investors. He joins after seventeen years at APG, one of the world’s largest pension investors, most recently as managing director of equiti

Business confidence in Scotland rose two points during May to 50%, according to the latest Business Barometer from Bank of Scotland. Companies in Scotland reported higher confidence in their own trading outlook month-on-month, up nine points at 62%. When taken alongside their optimism in the economy

A Pembrokeshire couple who rescued two paintings from a skip while walking their dog have sold the artwork at auction for £16,000.

Russia has passed legislation allowing its central bank and a number of major financial and state institutions to operate their own anti-drone defence systems as Ukrainian long-range strikes continue to test Moscow’s air defences. The law, approved by the State Duma, authorises employees at Ru

Two prominent financial services firms with a strong footprint in Scotland have been recognised in The Sunday Times Best Places to Work 2026. Scottish Friendly and Armstrong Watson were both named in the Best Big Places to Work category following outstanding results in an independent employee engage

The Financial Conduct Authority (FCA) has warned financial firms that further action is required to prevent sanctions breaches, despite noticeable progress being made across the industry.

Scottish businesses are demonstrating remarkable resilience and optimism, outpacing the rest of the UK in commercial confidence despite ongoing geopolitical uncertainties. According to Barclays’ Q1 2026 Business Prosperity Index, 85% of Scottish firms are confident about their five-year prospe

Aberdein Considine’s debt recovery and banking litigation team has been shortlisted for the Best Company to Work For (Service Provider) at the upcoming UK Credit Awards. Three of the firm's junior lawyers – Katie Macdonald, Chloe Imrie, and Sarah Clough – have also been nominated i

The Financial Reporting Council (FRC) has imposed financial sanctions against audit firm BDO and Geraint Jones, an audit engagement partner in relation to the audit of the financial statements of NMCN. BDO has been fined £2 million for its audit of the firm in 2019, while Mr Jones recieved a f

The UK government has commissioned an independent review to examine the real-world impact of bank branch closures and determine whether legislative intervention is required to protect access to physical services. Led by Richard Lloyd OBE, the former Which? director and Financial Conduct Authority (F

KPMG’s US leadership team is conducting regular tours of Silicon Valley to identify and collaborate with early-stage artificial intelligence start-ups before they become large enough to disrupt the Big Four firm’s business. In an effort to accelerate technological adoption, US chief exec