News

Still 73 per cent state-owned Royal Bank of Scotland has run up a legal bill of over £100 million in its attempt to defend itself against claims that it misled investors ahead of the its record £45 billion government bailout in 2008.

Mark Carney Scotland’s North Sea oil and gas businesses may still face stormy waters ahead despite an “impressive” reaction to a prolonged period of record low global oil prices, the governor of the Bank of England has warned.

Graeme Finnie welcomes Iain Walker to French Duncan Scottish accountancy firm French Duncan has added to its corporate advisory team with the appointment of a new senior manager.

The Office for National Statistics (ONS) has today reclassified registered providers of social housing in Scotland as public non-financial corporations.

Professor Graeme Roy The Scottish economy demonstrated resilience over the summer fuelled by a boost in tourism while Scottish firms achieved modest overall growth in business volumes, according to the latest Royal Bank of Scotland Business Monitor.

Paul McGettrick Grant Thornton has appointed a new associate director in its Scottish practice as it eyes further growth in the central belt.

Scottish legal heavyweights MacRoberts and Morton Fraser are in late stage merger talks, according to reports. A merger would establish a new firm with a turnover of £38 million, making it the sixth largest by revenue in Scotland.

The UK has positioned itself as a world-leading hub in emerging FinTech (financial technology) but the potential regulatory and business challenges posed by Brexit risks ceding ground to America and Asia Pacific rivals, says a new report from Association of Chartered Certified Accountants in Scotla

Royal Bank of Scotland has agreed to pay $1.1 billion (£846m) to American authorities to settle two claims that it mis-sold toxic mortgage securities in the run-up to the 2008 financial crisis.

Edinburgh-based cloud software pioneer FreeAgent has entered into a new partnership with accountancy and back office services provider Anderson Group.

Back, left to right – Mark Macefield, Kevin Cattanach & Frank Pratt Front, left to right – Lyle Crawford, David Main & Louise Presslie Whitelaw Wells, the accountancy firm with offices in Edinburgh and Glasgow which can trace its roots back to the 19th century, has announced the firm’s

Jason McLeod ABL Business, the Yorkshire-based business support consultancy offering commercial finance and marketing support to SMEs, has expanded its team operating north of the border.

Proposals to reform Council Tax in Scotland will only “slightly” improve the fairness of what will remain a “regressive” tax, the leading professional body representing the country’s tax professionals has said.

In a development that industry experts are describing as “a major legal breakthrough”, Scotch whisky has been registered as a certification trademark in Taiwan.