News

The Financial Conduct Authority (FCA) has revealed the ways in which it currently works to protect consumers from investment harm by stopping and disrupting potentially harmful firms and activities. In a report issued today, the FCA has highlighted the action it has taken during the first ten m

A report led by Dame Sara Thornton, the UK's Independent Anti-Slavery Commissioner, has found worryingly low levels of awareness of forced labour and exploitation of workers in the UK's financial sector.  It found that nearly half of bankers and other finance staff don’t know about the na

A pigeon which somehow travelled 8,000 miles across the Pacific Ocean is being hunted by authorities as a possible quarantine risk.

A woman who ran two Fife hotels has been jailed for a £380,000 VAT fraud. Lesley Dykes of Markinch stole the money during a five-year fraud, an HM Revenue and Customs (HMRC) investigation revealed.

Audit, tax and consulting firm RSM has strengthened its Aberdeen office with four key appointments in tax and financial reporting - bringing wider expertise to the team. Andrew Good has joined RSM as an associate director in the tax team; while Scott Allan joins as a corporate tax manager. In additi

Thousands of small business across the UK are set to receive insurance payouts covering losses from the first coronavirus lockdown after the Supreme Court substantially allowed the Financial Conduct Authority’s (FCA) appeal on behalf of policyholders in its business interruption insurance test

Scottish accountancy practice Wylie & Bisset has promoted two of its directors to partnership level. The promotions of Laura Smith, head of the firm’s healthcare team, and Catherine Livingstone, head of its business advisory services team, take the number of partners at the practice to 11.

An increasing number of wealthy families in the UK are making more claims for inheritance tax repayments under a little-known rule that allows refunds on share and property losses. Under the rule, executors are allowed to apply for IHT refunds on losses made ont he sale of inherited securities, incl

Neil Francis, interim managing director of Scottish Enterprise, looks ahead to the trade and investment environment in Scotland in 2021. The recent announcement of a further national lockdown due to COVID-19 was a difficult start to 2021 for many, including those involved in international trade and

The UK Government has launched new legal action against eight former directors of failed contractor Carillion which could see them banned from running businesses for up to 15 years.

Law firm Gilson Gray is planning to expand its business and have a “significant impact” in Dundee this year. The firm opened an office in South Tay Street last year and now has almost 20 staff, among them property expert Lindsay Darroch.

Edinburgh-based marine renewables specialist QED Naval has launched its first crowdfunding campaign after the acquisition of the Dutch Oosterschelde Tidal Power (OTP) project, the largest tidal turbine array in the world. The firm is now expanding its plans to disrupt the energy sector wit

Companies in the Scottish Hospitality Group (SHG) have taken on more than £16,000,000 debt since lockdown started to allow them to stay afloat.

Perth-based property consultancy firm Bidwells has been successful in securing a further term as managing agents for Crown Estate Scotland’s coastal portfolio. Crown Estate Scotland recently put a number of property management contracts out for a retender with a full public procurement exercis

The UK economy shrank by 2.6% in November as fresh lockdown restrictions came into place in England, according to the latest figures released by the Office for National Statistics (ONS).