News

Young people whose parents have property wealth are now almost three times as likely to be homeowners by the age of 30, compared to those whose parents have no property wealth, according to a new report published today by the Resolution Foundation.

Textiles firm Low & Bonar has announced the appointment of a new financial chief. The company has named ex-Smith & Nephew executive Ian Ashton to the role.

In a UK banking first, Barclays has announced a service where deaf or hard of hearing customers will be able to have their telephone conversations with the bank interpreted by a lipspeaker: a hearing person who can provide communication support by being easily lip read.

As pressure grows to address the challenges to auditing standards of smaller and less-complex entities, the Association of Chartered Certified Accountants, says its Thinking Small First report reveals alternative ways to tackle the issue, without compromising on audit rigour. It comes as t

Royal Bank of Scotland, which is still more than 60 per cent owned by the UK taxpayer, has said it is investigating complaints from a whistle-blower that an employee was appointed to a top role because he is a friend of a senior staff member. A man appointed team leader on the troubled Amethyst proj

AAB’s Alex Matthews, Kenny Fraser, Kevin Meaney and Brian McMurray Anderson Anderson & Brown LLP (AAB) has expanded its technology advisory offering on the back of growth in its Edinburgh office, which launched earlier this year, with the recruitment of a former PwC partner.

Following publication by HM Treasury and the Bank of England of their Brexit economic forecasts last week, KPMG’s restructuring practice has said it is seeing a flurry of enquiries from organisations who are looking to take action to mitigate a significant ‘working capital crunch’

Nightclub boss banned for six years after failing to ensure the company kept proper accounting books and records. Brian Chalmers (53), from Edinburgh, was the sole director of Scene Live Limited.

Nearly four in ten people in Scotland (38 per cent) don’t know what they will do with their pension pots when they retire and there is widespread uncertainty over plans for later life, according to Brewin Dolphin’s latest Family Wealth Report. The research, which looks at the opportuniti

Advisers are increasingly optimistic about the future of the industry with growing numbers predicting expansion and happy to recommend financial advice as a career, new research from Prudential shows. Its 2018 Adviser Barometer found more than two out of five (41 per cent) advisers an

Pioneering proposals to give millions of people their pension facts and figures at their fingertips have been unveiled by the UK government today.

Two designer watches have been sold at auction as part of the final UK held assets linked to a muti-million pound VAT fraud which spanned the globe. Ronnie Decker, who is originally from Sierra Leone but educated in Scotland, was linked to a scheme where VAT on bogus transactions was claimed back th

Edinburgh-based research and development tax relief specialist Jumpstart has signed a partnership agreement with Digital Lancashire, an organisation which represents around 800 digital and technology-based companies across the North West of England county. With offices and specialist staff throughou

Scottish law firm Harper Macleod has announced it is extending its support for Scottish EDGE, the funding competition for the country's most ambitious entrepreneurs which will hold its latest final this week, for another year.

Glasgow-based charted accountants Wylie & Bisset have announced the promotion of Catherine Livingstone to director with responsibility for supporting its client base of owner-managed businesses. Ms Livingstone, who first joined the firm as a trainee CA in 2004, has helped build an extensive clie