News

Infrastructure giant Amey has seen a £250 penalty for late work rocket up to £50 million after taking too long to repair four damaged bollards. Birmingham City Council had initially issued the firm with a £250 fine after it failed to remove the two pairs of bollards

PKF Geoffrey Martin & Co have reassured savers that their money will be safe after being appointed as administrators at a credit union in Glasgow’s East End. Parkhead Credit Union announced it will no longer be trading and is now in default.

The time taken to complete a property transaction has been reduced from three months to less than three weeks in a blockchain trial completed through a collaboration between Royal Bank of Scotland, Barclays and fintech firm R3's distributed ledger software.

Not even half the UK's biggest employers have been successful in narrowing their gender pay gap since the introduction of new government rules requiring all all companies, charities and public sector departments of 250 employees or more to submit their gender pay gap metrics in addition to a report

Edinburgh-based wealth manager Baillie Gifford is to launch a modern apprenticeship programme for schools that will allow six apprentices aged 16-24 to ‘learn on the job’. The firm said the scheme is designed to provide paid employment alongside structured training and learning opportuni

New car registrations in Scotland slumped by 9 per cent last month to 35,904h, according to the latest data from the Scottish Motor Trade Association (SMTA). The drop north of the border in a crucial month for the industry, as the number plate change brings buyers to showrooms, compared wi

The Chartered Institute of Taxation is advising Scottish taxpayers to be aware of the "practical realities" of income tax divergence as the new tax year begins tomorrow. The Differences in income tax rates between Scotland and the rest of the UK will further highlight variances in the tax system tha

With new Scottish insolvency rules imminent, Glasgow-based chartered accountants Wylie & Bisset has said the changes spell short-term pain for long-term gain for insolvency practitioners. The largest single change to insolvency procedure in over 30 years come into effect this Saturday 6th A

Max Chassels, tax director at Johnston Carmichael, outlines the implications of the HMRC's upcoming changes to Private Residence Relief The proposed changes relate to:

Scottish employers are being urged to inform their staff that auto-enrolment pension contributions go up from tomorrow. This change sees the minimum contributions employers and employees pay into defined contribution automatic enrolment workplace pension schemes increasing from 2 per cent to 3 per c

Scottish law firm Ledingham Chalmers has announced seven promotions — including two at partner level — in its Aberdeen, Edinburgh and Stirling offices. The firm said these promotions, effective from 6 April, are in line with its continuing focus on growth in sectors including rural,

Permanent staff placements continued to expand, albeit at a subdued pace that held close to February's recent low, according to the latest Royal Bank of Scotland Report on Jobs.

A scam run by a pair of identical twin brothers has left them out of pocket after both were ordered by a Brazilian judge to pay maintenance to a child whose paternity could not be established.

While London remains the UK’s main hub for international finance, industry export growth in several of the country’s regions and nations has been faster than in the capital over the past five years.

Mark Carney, the governor of the Bank of England has told an audience in Glasgow this week that Brexit has already been a major factor in stifling the growth of Scotland’s economy. Speaking to an event for charities and voluntary groups, including Barnardo’s Scotland, the West of Scotlan