News

As shareholders vote today on the proposed mega merger between Standard Life and Aberdeen Asset Management, it has emerged that Standard Life is lining up another major deal in the form of the acquisition of 202-year-old life assurer and Edinburgh neighbour, Scottish Widows.

Tom MacLennan Hamilton Burns WS Ltd, the collapsed Glasgow law firm which included recently deposed SNP MP Tasmina Ahmed-Sheikh as a partner, went bust owing creditors more than £600,000, including £210,000 to the taxman, administrators FRP Advisors have now said.

Scottish business confidence has risen for the second consecutive quarter, new research from the Federation of Small Businesses (FSB) reveals.

Yvette Nunn The Association of Taxation Technicians (ATT) is urging HMRC to consider changes to its proposals for the sanctions which will apply if a taxpayer is late in making a quarterly submission or payment under the Making Tax Digital (MTD) system which is due to be rolled out from 6 April 2018

City leaders, decision-makers and rising business heavyweights in Dundee are set to gather this week for the city’s sixth economic summit.

Nora Senior Nora Senior, former president of British Chambers of Commerce (BCC) and Chair of Scottish Chambers of Commerce (SCC) has been recognised with a Commander of the Order of the British Empire (CBE) in the Queen’s Birthday Honours List 2017.

New legislation to increase the number of women on public boards in Scotland has been published.

Scotland’s food and drink exports increased by over 11 per cent in the first quarter of this year, compared with the same period in 2016.

A new report from PwC is urging oilfield services firms to grasp the nettle and reset their businesses to deal with the operational, financial and strategic challenges reflected in the new operating environment.

Susie Swift In the light of recent reports of a call to end tax breaks in relation to owning farmland, there has been some clarification on grazings following a decision by the First-Tier Tribunal earlier this year, says Saffery Champness.

A former Dundee financial adviser who forged his mother's signature in order to impress his girlfriend by buying a flat has been jailed for nine months.

Patrick Mill Alliance Trust Savings has increased its assets under administration (AUA) to more than £15 billion.

Liz Cameron The Scottish Chambers of Commerce has warned the Bank of England that it is “walking a very narrow line on monetary policy” and a rise in interest rates may come sooner rather than later following the narrow vote to maintain interest rates at 0.25 per cent and the onus is now on Gove

Amanda Murphy HSBC has today launched a £500 million lending fund to support small and medium-sized enterprises (SMEs) in Scotland, in a move that the banking giant said was as part of a "broader commitment to helping British businesses realise their ambitions for growth".

Howard Archer The EY Scottish ITEM Club has appointed Dr. Howard Archer as its new chief economic advisor.