News

The Financial Conduct Authority has underlined the importance of GDPR compliance for financial services firms after signing an updated Memorandum of Understanding (MoU) with the Information Commissioner’s Office (the ICO), the UK’s data protection watchdog, write MacRoberts Par

The century- old Merrill Lynch brand is to disappear from the world of investment banking. Most of its operations will be run under the shorter name of Merrill after a decision by owner Bank of America.

The number of retailers in Scotland going bust has been at rate of just over one a week for the last ten years, according to new analysis of the sector by accountants and business advisers French Duncan LLP. The firm has analysed official Insolvency Service statistics and found that 615 Scottish ret

Scottish consumers are among the most concerned about the economic impact of Brexit, but more than half the population still don’t believe the UK’s exit from the European Union will change their spending habits.

Aberdeen Standard Capital (ASC) has released the results of a major survey into why charities are sitting on high levels of uninvested cash and why they struggle to implement an investment strategy. The research, carried out by The Centre for Charity Effectiveness at Cass Business School, identifies

Customers looking to switch their debts from one interest-free balance transfer deal to another will now have less time to repay their debt before interest applies compared to a year ago.

The Future Female Business Leaders Programme has launched nationwide today with some of the most recognisable and successful Scottish businesswomen leading the way to developing and growing women-led businesses and women in leadership positions. This new partnership, supported by the First Mini

Four in five Scottish smaller businesses contribute to their local community or give to charity, according to new research from the Federation of Small Businesses (FSB). In the new study – called ‘Small Business, Big Heart’ – the small business campaign group examines the con

Springfield Properties, which delivers private and affordable housing throughout Scotland, has announced interim results for the six-month period ended 30 November 2018 showing revenue in its private housing and affordable divisions has increased, with profit before tax across it operations soaring

A team from Aberdeen chartered accountancy practice Meston Reid & Co is hoping to raise more than £1,000 for charity. Staff – 11 in total – will take part in the Aberdeen Tower Abseil Challenge on Sunday, March 24.

Kingdom Housing Association has been shortlisted in the National Housing Federation Housing Finance Awards 2019. Kingdom has been shortlisted in the Treasury Team of the Year category, for their team work in delivering their £85 million debut private placement along with other f

Steve Eisman, the American investor who made a fortune by predicting the sub-prime mortgage crisis that precipitated the global crash of 2008, and portrayed by Hollywood's Steve Carell in the acclaimed film 'The Big Short' depicting his exploits, is setting up shop in the United Kingdom.

KPMG, administrators for Dundee-based building services firm McGill & Co, have found a buyer for the business. A company led by Dundee-based businessman Graeme Carling is now in exclusive talks about a deal, KPMG announced this morning.

Business advisory and accountancy firm, Johnston Carmichael, has reported a 25 per cent increase in employee numbers at its Glasgow base and announced plans for a recruitment drive to meet demand. The firm, which took an extra floor of office space at its West George Street headquarters in 2017

Scotland’s top private companies have witnessed a rise in combined earnings and headcount, despite growing economic and political uncertainty, Grant Thornton has found. The global accountancy firm’s annual Scotland Limited report assesses the commercial performance, in the last year, of