News

MPs have criticised the level of IT failures at banks and have argued that financial levies on firms and more regulation may be needed.

The UK is set to destroy the commemorative coins made to mark Brexit.

KPMG UK has promoted 84 people across its five Scottish offices as it prepares for further growth. After announcing its Aberdeen promotions last week, the firm, which employs more than 1,200 people in Scotland, has promoted 51 employees to assistant manager grade, 17 to manager level, while 14 have

Amplifi Solutions, a research and development (R&D) tax credit specialist, has opened an office in Edinburgh in a move to make a mark in Scotland. The firm has a team of qualified accountants and technical writers within its headcount.

BXTR, a boutique accommodation specialist, has received £1 million in funding from OakNorth Bank to help drive the expansion of a new hotel brand.

Edinburgh-based fintech company Nucleus Financial Group has reported a market-beating performance over the last quarter. The firm reported that its Assets Under Administration (AUA) increased 6.8% year-on-year to £15.7 billion compared with a benchmark FTSE All-Share Index fall of 1.6%.

The largest accountancy firms have increased their share of the UK audit market with 100% of FTSE 100 companies now audited by the Big Four, according to new research from the Financial Reporting Council (FRC). Published today, the latest edition of Key Facts and Trends in the Accountancy Profession

Wealthy UK individuals are being targeted by The Single Malt Fund to invest in rare malt whisky. The fund is the world's first regulated and publicly listed fund to invest in single malts.

A business academic at the University of Dundee will next month host an event aiming to encourage more ethnic minority women in the city to embrace entrepreneurship. Dr Norin Arshed, senior lecturer in entrepreneurship and innovation at the University’s School of Business, received fundin

The largest payday lender in the UK, QuickQuid, has fallen into administration and left more than one million customers facing financial uncertainty. CashEuroNet UK, which operates the QuickQuid and On Stride brands, has stopped lending following the appointment of Grant Thornton as its adminis

First Minister Nicola Sturgeon has announced that retailers who are required to accept the return of single-use drinks containers could qualify for rates relief.

The Financial Conduct Authority (FCA) has today confirmed that it has removed barriers that stop some mortgage customers from finding a cheaper mortgage deal. The new rules allow lenders to use a different and more proportionate affordability assessment for customers who meet certain criteria, such

Economy secretary Derek Mackay has written to businesses to urge them to prepare for the consequences of Brexit, and inform them of the support available from the Scottish Government. Writing ahead of a visit to the Scottish Enterprise (SE) Prepare for Brexit control hub in Clydebank by ministe

Mark Tennant, the chairman of Edinburgh-based BMO Private Equity Trust, has criticised "investor short-termism" following the Neil Woodford scandal. Mr Tennant told The Sunday Times that the former star fund manager "made a rod for his own back".

The Queen's car which has been specially adapted for her corgis' has been sold at auction for over £80,000.