News

Clydesdale Bank owner CYBG has said it has been hit with extra £350 million impairment because of soaring payment protection insurance (PPI) claims as a deadline for them looms.

Construction workloads in Scotland remained resilient despite bad weather in the first quarter of 2018 – according to the results of the Q1 2018 Royal Institution of Chartered Surveyors Construction and Infrastructure Market Survey, Scotland.

Andy Bell Andy Bell, corporate tax manager with Aberdeen accountancy firm Hall Morrice will only have one number on his mind this weekend while he counts down the miles as he passes the landmarks of the big smoke in the the London Marathon – 26.2.

Mark Higgins Glasgow-based Ascent Performance Group which has an office has been shortlisted for two awards at the Credit Strategy Credit Awards 2018.

Blair Nimmo The number of Scottish businesses failing in the first three months of 2018 has increased compared to the same period last year, but the long-term trend suggests the business landscape remains stable, according to professional services firm, KPMG.

Lloyds Bank is to lay off 305 staff and redeploy 900 more after announcing plans to close another 49 branches across its Lloyds Bank, Halifax and Bank of Scotland brands.

Ewen Stevenson Royal Bank of Scotland has revealed that it is to make a further contribution of £3.5 billion to its main pension scheme, in a move seen as an important milestone in its quest to resume dividend payments to investors.

Edinburgh-based cash flow forecasting firm Float has become the first reporting application to join Intuit's QuickBooks Accountant Apps Program, a new platform designed specifically for their 300,000 accounting partners.

The average price of a property in Scotland in February 2018 was £144,377 – an increase of 6.2 per cent on February in the previous year and a decrease of 2.7 per cent when compared to the previous month, according to the Registers of Scotland’s latest publication of its monthly UK House Price

Jeremy Allcock Aberdeen Standard Investments infrastructure debt team has provided over £43 million of private debt to finance six operational hydro-electric schemes in Scotland.

Edinburgh-based Tesco Bank’s offices in Glasgow, Edinburgh and Newcastle, have turned pink after the work spaces were in support of Cancer Research UK’s Race for Life.

The number of people in work in Scotland fell by 17,000 between December and February, according to the latest data from the Office for National Statistics.

Philip Simpson Thursday 26th April 2018

Alex Tait RSM UK has announced the appointment of Alex Tait as regional managing partner for Scotland and Northern Ireland.

Reform Scotland, the independent, non-party think tank, has highlighted that VAT was not devolved under previous Scotland Acts because it was illegal under EU law but with the impending exit of the UK from the EU that impediment will be removed.