News

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.

Engineering contractors have welcomed the announcement that project bank accounts (PBAs) are to be used on building projects over £4 million which are procured by Scottish Government bodies.

Paul Wheelhouse Four communities are to receive a share of £10 million from the Scottish Government to deliver a variety of business infrastructure projects.

The total number of households in Scotland now stands at 2.43 million and the private rented sector now accounts for 14 per cent of all tenures, the latest Scottish Household Survey has revealed.

Blair Nimmo Administrators who took over at a collapsed Dundee company in July have still not been provided with a list of the company’s assets and liabilities by its director.

Standard Life Investments, the fund arm of Edinburgh-based insurance giant Standard Life, has announced plans to reopen its UK Real Estate Fund at midday on Oct. 17, after trading on it was suspended in the wake of June’s Brexit vote.

Staff at a Fife charity working with vulnerable children and their families are to see their work supoorted by a donation from the Edinburgh office of Aberdeen Asset Management’s Charitable Foundation.

David Menzies By David Menzies, Director of Insolvency at ICAS

(L-R): David Allen, Professor Lorne Crerar, and Donald Shaw Harper Macleod has increased its footprint in the Highlands after being joined by Inverness firm Allen & Shaw.