News

It has been reported that KPMG will cut a tenth of its UK partners by Christmas after a review of individual performance. The cuts are said to be part of its measures to overhaul the company.

Insurance broker Blackford has appointed Fiona Walker as head of brokering & operations and Doug Prentice as client director in Glasgow as the firm eyes further expansion in Edinburgh. In the latest phase of its expansion, the new firm, which was set up in April by Tom Aldridge, has taken o

Kleinwort Hambros has today announced the appointment of Richard Lockhart as director of private banking in the Edinburgh office. Mr Lockhart will be responsible for originating and managing client relationships and helping to develop Kleinwort Hambros’ presence in Scotland. He will report to

Former Hearts footballer Conrad Balatoni has set up his own financial sector practice, Conrad Balatoni Wealth Management, which is a representative of St James's Place Wealth Management. The new practice, headed by Mr Balatoni, will provide face-to-face wealth management advice to private and corpor

MHA Henderson Loggie has been appointed to wind up Gorgie City Farm, the Edinburgh charity which promotes environmental sustainability, community development and social inclusion by providing volunteering opportunities and support to disadvantaged young people and adults. Shona Campbell of MHA Hend

Aberdeen Standard Investments Charitable Foundation has awarded a grant of £13,575 to Edinburgh-based Fruitmarket Gallery to support its pioneering Making Matters project to help develop arts and creativity among young people. By providing the funding, Aberdeen Standard Investments Charitable

The number of Scottish workers earning less than the real Living Wage in Scotland has dropped by 13% in the last year, exceeding the decline seen across the UK as a whole (10%), according to analysis from KPMG. An estimated 380,000 people north of the border currently earn below the threshold of &po

Dave Smith, tax manager at Meston Reid & Co, has urged contractors to seek IR35 advice now and not wait until 2020 to do so. In just a few months from now, new employment tax legislation is due to come into effect for medium and large businesses that engage contractors who operate through an int

The Business Barometer produced by Bank of Scotland has revealed that overall confidence in October was -3%, an improvement of 15 points from September. Scottish companies show a net balance of 2% in terms of their own business prospects last month, which is a seven-point increase from Septembe

Property owners can now fix a mortgage for five years for less than 1.5%.

Dr Elizabeth Fairley, co-founder and COO of healthcare data startup Talking Medicines, was announced as the winner of FutureX’s Startup Summit Competition following a live pitch battle for the grand prize worth over £220,000 in front of 1,000 delegates at this year’s summ

The Financial Reporting Council (FRC) has published its year-end advice to audit committee chairs and finance directors. In an end-of-year letter to audit committee chairs and finance directors, chief executive Sir Jon Thompson is reminding them to consider the FRC’s view on key matt

Law firm Anderson Strathern has partnered with Amiqus, an Edinburgh-based company that provides online anti-money laundering, and client onboarding software to regulated firms. Amiqus will provide identity verification software that will enable Anderson Strathern’s clients to undergo secure, o

ACCA updated its tax report as debates about company taxation remain highly controversial in an increasingly digitalised economy. Given the changes in the global economy in the last five years, the updated Global policy on taxation of companies: principles and practices reiterates that in a glo

Descendents of the wealthy Italian Qatari royal family are suing Christie's auction house for the sale of a pink diamond named 'Princie' which was sold for $32 million on the grounds that it was improperly sold.