News

The Payment Systems Regulator (PSR), the economic regulator for the £75 trillion UK payment systems industry, has received a super-complaint from consumer watchdog Which? relating to concerns it has around consumer safeguards in the market for push payments.

A new ICAS report produced in partnership with the Financial Reporting Council (FRC) has warned that steps need to be taken to ensure the skills needs of the auditor of the future will be met.

Fiona Rasmusen, Michael Marwick & Scott Rasmusen. Two long-established Edinburgh law firms - Gibson Kerr and Marwicks - are to merge in a move which aims to create a dominant city centre residential property business.

Laura Brown

Gross mortgage lending in the UK reached £22.5 billion in August – 7 per cent higher than July’s lending total of £21.1 billion, according to The Council of Mortgage Lenders.

Social work in Scotland is at a watershed and the public and service users must be more involved in shaping future provision, according to a new report produced by the Accounts Commission.

Lindsay Bryce MacKay A senior solicitor at Scottish law firm Gillespie Macandrew’s has achieved top marks in a prestigious qualification from the Society of Trust and Estate Practitioners (STEP).

Scottish Building Society, the only independent building society in Scotland and the oldest building society in the world, has been awarded a ‘Mark of Distinction’ by the Keep Me Posted campaign.

Gyle Square Glasgow-based commercial law firm Leslie Wolfson has acted in the £48.3 million sale of a headquarters office building in West Edinburgh, occupied by NHS National Services Scotland.

Claire Middlebrook The owner of a Scottish insolvency firm is aiming to use a new financial technology and the power of social media to provide a “fairer crack of the whip” for unsecured creditors to recoup their money in the event of a liquidation.

Richard Close The falling through of a deal between Royal Bank of Scotland and Santander to buy hundreds of bank branches is likely to force a fire-sale of the properties, experts have said.

Official figures have revealed that Orcadians have enjoyed a greater increase in their disposable income than anywhere else in Scotland.

Andrew Tyrie The Association of Taxation Technicians (ATT) is urging the UK Government to listen to advice contained in a letter from the Chairman of the Treasury Committee concerning the radical changes to business record keeping and reporting that will be required by HMRC’s Making Tax Digital (M

Callum Sinclair, Burness Paull partner and head of technology sector, and Elevator chief executive Gary McEwan (right). Start-up accelerator Elevator, which aims to fast-track entrepreneurs and their businesses across Grampian and Tayside, has announced two new strategic partnerships.