News



Scott-Moncrieff merges with Campbell Dallas to become part of Cogital Group

Scott-Moncrieff, Scotland’s longest established accountancy firm, is to join forces with Campbell Dallas to become part of the fast-growing CogitalGroup.

Published 18 April 2019

Competition regulators criticised for 'incredibly diluted' Big Four shake-up

The UK's competition regulator has shied away from meaningful change of the accountancy industry after ignoring recommendations for a major shake-up in a move critics have described as a missed “golden opportunity”.

Published 18 April 2019

SCC: Brexit amplifies business slowdown in Scottish economy as key industries see investment ebb

The health of the Scottish economy weakened considerably in the first quarter of this year against the backdrop of an uncertain global environment and the cloud of Brexit hanging over the UK economy, the latest Scottish Chambers of Commerce Quarterly Economic Indicator survey for Q1 of 2019 shows.

Published 18 April 2019

AI platform reveals Brexit impact on UK financial services

The impact Brexit is having on people working in the UK's financial services industry has been revealed by data collected by Artificial Intelligence platform, Talent Ticker. 

Published 18 April 2019

Burness Paull hails year of growth as partners and staff see pay continue to grow

Scottish law firm Burness Paull has reported profits of £23.8 million on turnover of £57.6 million for the year to July 2018.

Published 18 April 2019

House prices in Scotland down for the first time since 2016

The latest statistics from the UK House Price Index (HPI) show that the average price of a property in Scotland in February 2019 was £145,762 – a decrease of 0.2 per cent on February in the previous year.

Published 18 April 2019

FCA: Complaints against banks drop 5 per cent

The Financial Conduct Authority (FCA) has today published figures showing that complaints against financial firms decreased by 5 per cent in the second half of last year, falling from 4.13m to 3.91m.

Published 18 April 2019

Blog: Not all Scottish RSLs are resistant to paying Board members

Mike Bruce, chief executive at Weslo Housing Management suggests an alternative headline for Scottish Financial News, and offers an informative look at the question of board remuneration in the process.

Published 18 April 2019

Council reveals plans for reconfigured TIF scheme in Glasgow

Glasgow City Council has today approved the preparation of a revised business case to reconfigure the Tax Incremental Finance (TIF) scheme for the city centre which the authority says will pave the way for the funding of infrastructure necessary to kick-start new development in the city.

Published 18 April 2019

Aberdeen Standard Investments pledge helps I CAN charity

A charity dedicated to helping children and young people with speech, language and communication needs (SLCN) has welcomed funding from the Aberdeen Standard Investments Charitable Foundation.

Published 18 April 2019

And finally... BBQ blaze sees students hit with £23m fine

Two Italian students are facing a joint fine of €27 million (£23m) after they were accused of letting a barbecue start a forest fire.

Published 18 April 2019

Millions in line for £300 payout over Mastercard 'rip-off' following court ruling

A surprise court ruling has revived the possibility of a £14bn lawsuit against credit card firm Mastercard that could mean millions of Britons may be entitled to a £300 payout.

Published 17 April 2019

Scotland on brink of Brexit recession

Scotland is sitting on the precipice of a deep recession into which it could be tipped by a disorderly Brexit, according to researchers at the Fraser of Allander Institute (FAI) at the University of Strathclyde, who predict that such a scenario would mean a loss of more than £1 in every £20 of output from the economy north of the border.

Published 17 April 2019

RBS braced for pay backlash as shareholders are advised to rebel

Ahead of Royal Bank of Scotland’s AGM in Edinburgh next week, investors in the bailed-out lender have been advised to vote down chief executive Ross McEwan’s £3.6m remuneration package, which has been described as ‘excessive’ by shareholder advisory firm Pirc.

Published 17 April 2019

Gillian Crandles takes the helm at Turcan Connell

Turcan Connell has announced the appointment of Gillian Crandles as its new managing partner.

Published 17 April 2019