News

Royal Bank of Scotland (RBS) and its subsidiary NatWest have stopped automatically replacing their customers' cheque books when they run out, becoming the first major banks in the UK to do so.

Dundee-based fintech firm Broker Insights, which connects insurers with brokers, is on the cusp of securing £250 million of policies on its platform, just a year after being founded. Using data to transform relationships in commercial insurance by connecting leading insurers with reg

FRP Advisory, administrators of historic Aberdeen paper mill Stoneywood Mill, which employs hundreds of people, has announced that a preferred bidder for the site has been selected. The development marks a significant step forward in attempts to secure the future of the site and its workforce.

East Kilbride-based five-a-side football firm Goals Soccer Centres has discovered what it has called "substantial" VAT errors totalling £12 million and counting.

Goldman Sachs International (GSI) has been fined £34,344,700 by the Financial Conduct Authority (FCA) for failing to provide accurate and timely reporting relating to 220.2 million transaction reports between November 2007 and March 2017. The City watchdog found that GSI failed to ensure it pr

It may still seem a long way off, but Callum Wilson, Tax Partner at Johnston Carmichael, has peered ahead to what lays in wait for tax once the Brexit impasse is finally broken If the UK and EU conclude a Brexit withdrawal agreement, there will be a transition period.

Scottish landlords of private rented properties face higher tax bills than their English counterparts from next week, according to leading accountants and business advisors French Duncan. This is because of the reduction of tax benefits introduced by George Osbornes’ 2015 Budget which aimed to

Clydesdale Bank owner CYBG has announced that in 2018 it provided over £2 billion in lending support to the UK’s small and medium sized businesses (SMEs). This takes total lending to £4.05 billion in the first two years of its three-year commitmen

An exclusive wedding venue in Inverurie, Aberdeenshire has secured a £1.8 million finance package from HSBC to invest in property updates and increase marketing efforts. Logie Country House, which was purchased by Tim and Stef Erbe in 2006, is located on a Scottish estate that dates back

A young Scot with a desire to forge a career in international development is to study in a country that is regarded as a world leader in the field as the winner of the 2019 Thomas Blake Glover Aberdeen Standard Investments Scholarship. Daniel Robertson (30) from Edinburgh heads off to Japan this sum

Supermarket chain Lidl has announced that it is rolling out its ‘Too Good To Waste’ fruit and vegetable boxes across all of its stores in Scotland, Wales and England following a successful, industry-first trial. The boxes, priced at just £1.50 for approximately 5kg, contain fruit a

Glasgow-based private equity house Maven Capital Partners has led the management buyout (MBO) of CMS Window Systems, an end-to-end provider of premium window and door solutions, and one of Scotland’s fastest growing manufacturing businesses.

Almost 115,000 businesses waited an average of 57 days for payment in 2018 with more than 1,000 of these subsequently entering insolvency as a result, according to new data from insolvency specialist Begbies Traynor. The data, which was gathered from more than 1 million debtor day reports since 2011

Former Aviva chief executive Mark Wilson saw his pay more than half last year prior to his sudden departure in October, but could yet net a further £4.1m, according to the insurance giant's latest annual report. Mr Wilson, who was recruited in in 2013 to turnaround the business which empl

Edinburgh-based IT consultancy and managed services firm, Quorum Network Resources Ltd will make the move to employee ownership on Friday with an employee trust owning the majority of shares in the business on behalf of Quorum’s 100 employees. The company currently provides a variety of IT ser