News

Leah Hutcheon Edinburgh-based startup Appointedd has announced a £595,000 investment that will see the online booking specialist embark on a global expansion.

A group of professional bodies spanning law and accountancy has pledged to continue their work to tackle bribery, corruption, tax-evasion, money laundering and the financing of international terrorism as leaders from across the world gather in London for an anti-corruption summit. The organisations,

David Cameron The Prime Minister, David Cameron, has revealed plans to introduce a new offence for companies that fail to prevent money laundering or fraud in their firms.

The Crown Office’s five-year investigation into the near collapse of Royal Bank of Scotland, and the rights issue which preceded it, has found "insufficient evidence" to press criminal charges against its disgraced former chief executive Fred Goodwin or any of his colleagues, it has been announced

Keith Skeoch Keith Skeoch, chief executive of Edinburgh-based insurance giant Standard Life, has chosen to slash his bonus potential by a fifth.

Ten senior executives at Royal Bank of Scotland have been awarded 1,557,451 shares worth £3.36 million as payment of their half-year fixed share allowance, the still 73 per cent taxpayer-owned bank has announced. The allowance has come into use to get around conventional bonus payments curbed by ne

Mark Thomson Scottish Building Society is to launch its own Online Broker Portal be known as “Scottish Intermediaries Online”, the world’s oldest building society and Scotland’s last remaining independent mutual lender has announced.

Sarah Speirs The supply of Scottish residential properties coming on to the market increased for the first time in three months during April, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.

The number of UK home repossessions in the first quarter of 2016 was 2,100 (1,500 home-owner, 600 buy-to-let), meaning that the repossession rate is the lowest on record, according to the Council of Mortgage Lenders. If the rate continues through 2016, it would put the annual number of repossessions

Debbie Mayor As the fifth session of the Scottish Parliament gets underway, Grant Thornton has called on all political parties to work together to address declining exports.

The average Scot is set to be more than £20,000 worse off than they expect in retirement, according to new research from Edinburgh-based insurance firm, Aegon UK. Although retirement savings rates among workers north of the Border has improved marginally compared to a year ago, the insurer found th

An award-winning deaf Scottish businessman who used his disability to defraud the taxpayer to the tune of £80,000 has been jailed for 20 months. Sheriff William Gilchrist at Stirling Sheriff Court described Andrew Thompson, who was born profoundly deaf, as a “highly-culpable” fraudster after th

Edinburgh-based cloud software provider, FreeAgent, has announced a partnership deal with national accountancy firm Danbro. The tie-up will see FreeAgent team-up with the firm, who represent thousands of self-employed individuals and small businesses across the UK, to provide 4,000 Danbro clients wi

The Supreme Court has unanimously dismissed a company’s appeal against HM Revenue and Customs’ (HMRC) contention the company was not entitled to deduct VAT on accountant’s fees as input tax under the contract. The Supreme Court dismissed Airtours Holidays Transport Ltd’s appeal by a majority

Nicola Sturgeon First Minister Nicola Sturgeon has today announced that she is to split Finance Minster John Swinney's current job between two people, a role which to date has encompassed both finance and the economy.