News

Citizens Advice Scotland (CAS) issued a warning yesterday that an increasing number of people may be being sold debt solutions that don’t work for their circumstances. CAS made the claim in response to the latest quarterly figures released yesterday from Accountant in Bankruptcy, which show a

UK software consultancy Infinity Works has opened a new office in Edinburgh after winning a second major client in the Scottish financial services industry. The client is an unnamed but "well-known bank".

St Andrew’s Brewing Company, Creo Engineering and EVi Charge Points have secured loans of £100,000, £40,000 and £25,000 respectively from Business Loans Scotland (BLS) to support business expansion and recruitment of new employees. BSL is fully funded through the Scottish Gro

Ben Zielinski, a senior associate in the commercial litigation team at Shoosmiths in Edinburgh, considers the significance of a recent judgment in the Court of Session that has given greater clarification of how much notice a landlord needs to give to terminate a commercial lease in Scotland. A rece

Scottish retailers are likely to face a £12 million increase in their business rates bill, new analysis from the Scottish Retail Consortium (SRC) has revealed The Office of National Statistics Consumer Price Index (CPI) figure revealed inflation in September stood at 1.7%. The September figure

The Association of British Insurers (ABI) is urging the government in its forthcoming budget due to cut the rate of Insurance Premium Tax (IPT) to ease the squeeze on families and businesses who do the right thing by taking out insurance. The standard rate of IPT has doubled since 2015, most recentl

Megan Butler, executive director of supervision - investment, wholesale and specialists at the Financial Conduct Authority (FCA), delivered a speech at the Royal United Services Institute in London. In her speech, she emphasised that financial crime and the criminal activity it facilitates caus

The president of Turkmenistan, Gurbanguly Berdimuhamedov, has ordered several banks in the country to fund an initiative to improve the pedigree of the Alabay dog breed. He has issued a presidential decree which means that eight banks are required to contribute a 12.5% stake each, according to TDH n

PwC Scotland has appointed Allan McGrath as head of financial services, Martin Hislop as partner and Colin Carmichael as director of the firm's Edinburgh Office. Allan McGrath takes up the position of head of financial services at PwC Scotland, following Stephanie Bruce’s move to become chief

A total of 15 employees at KPMG UK's Aberdeen office have been promoted. The promotions arrive as the firm prepares for further growth in the North East.

Alison Wishart, chartered paraplanner at Anderson Anderson & Brown Wealth (AAB Wealth), has been awarded the Personal Finance Society’s (PFS’s) Fellowship status. Fellowship of the PFS is the most prestigious qualification awarded to those working in the industry and is an accolade t

The Scottish economy has suffered a £3 billion hit as a result of Brexit as uncertainty has led to a decrease in investment and growth, the Fraser of Allander Institute has found.

Airbnb UK has received a warning from HM Revenue and Customs (HMRC) that legal proceedings could be initiated against the company over "tax laws or regulations impacting the company's business".

Accountant in Bankruptcy (AiB) has released official statistics reporting personal and company insolvencies in Scotland for the second quarter (July to September 2019) of 2019-20.

Mactaggart & Mickel has reunited with Mactaggart Family & Partners to secure a £10 million acquisition of two commercial properties in Edinburgh’s New Town. The union sees the two companies, which were joined from 1925 until 1943 as Mactaggart & Mickel come back together to s