News

The Bank of England's Monetary Policy Committee (MPC) has today voted for no change to UK interest rates, to leave them unchanged again at 0.5 per cent. Eight of the nine rate-setters on the committee voted to hold the record low of 0.5 per cent that has been in place since March 2009, with one voti

Having introduced the Living Wage for its employees in 2013, the City of Edinburgh Council has announced that it is now looking for accreditation through the Living Wage Foundation. The recommendation is one of a number of updates relating to the Living Wage detailed in a new report being considered

Liina Tulk Not every mis-sold loan results in the customer’s business failing, writes Liina Tulk in an overview of the recent Court of Session decision in the case of John Glare v Clydesdale Bank Plc.

The Accounts Commission has urged Scotland’s local authorities to further improve the way they manage major projects like schools, roads, housing and flood prevention. Over the last three years councils spent £7 billion on capital investment – more than half of Scottish public sector capital ex

Keith Anderson New rules regarding Entrepreneurs Relief are coming into effect from 6th April 2016 which will impact capital distributions received in the solvent liquidation of a company where the individual shareholder is involved in a similar company after the distribution.

Lord Smith of Kelvin Dundee-based investor Alliance Trust has announced the appointment of Robert Smith, Lord Smith of Kelvin, as its new Chairman.

Ken Patullo Significant year-on-year rises in levels of ‘critical’ Scottish business distress were seen in the last quarter of 2015, according to data released today by business rescue and recovery specialist Begbies Traynor.

Paul Johnston One of the four founders and co-owners of John Boyle’s investment vehicle Hamilton Portfolio is to join Maven Capital Partners.

The Wi-Fi providers to Glasgow football club Rangers are seeking to have £300,000 ring-fenced from the club’s accounts for the duration of a legal case over an unpaid bill. 802 Works Ltd say they are owed the money for installing a Wi-Fi system at Ibrox.

Scotland’s first minister yesterday admitted that the northeast oil and gas sector is in crisis after industry giant BP announced plans to axe 600 jobs from its North Sea business – a reduction of about a fifth. The global company said the majority of the staff and contractor posts would go this

Willie Young Aberdeen City Council’s finance convener has been reprimanded by watchdogs after he accidentally leaked confidential legal advice about the city’s controversial Marischal Square building project.

Stephen Thom and Graeme Finnie Scottish accountancy practice French Duncan has appointed Stephen Thom to the newly created position of Head of Corporate Tax, Glasgow.

Dundee print solutions firm Flint Group has said it is considering closing its Dundee site plunging the fate of more than 100 workers into jeopardy. The company operates one of three global transfer media facilities from premises on the city’s Old Glamis Road.

Moray Council could become the first Scottish local authority to break the eight year council tax freeze. None of Scotland’s 32 councils have increased tax since the Scottish Governmentintroduced a freeze in 2007.

Standard Life's Sandy Begbie and Mark Smith welcome the latest young interns to join Standard Life under the Edinburgh Guarantee Scheme. Edinburgh-based insurance giant Standard Life has been awarded the Investors in Young People Gold Accreditation in recognition of its commitment to recruiting, sup