News

The Bank of England (BoE) has raised interest rates again, from 1% to 1.25%, as it attempts to fight rising inflation. The bank’s Monetary Policy Committee (MPC) by a majority of 6-3, voted to increase the bank rate by 0.25 percentage points.

The Financial Conduct Authority (FCA) has published a list of providers it intends to authorise when the pre-paid funeral plans industry comes under its regulation from 29 July.

Knight Property Group has secured a further tenant for phase one of Langlands Commercial Park in East Kilbride with Strachan and Kemp Commercial Services Ltd signing up for a ten year lease.

Eyemouth-based riding centre, Eat, Sleep, Ride Community Interest Company (CIC), has secured £55,000 in funding from Social Investment Scotland (SIS) to help to make the centre more environmentally friendly. The funding package will be used by the centre to invest in eco-friendly equestrian su

Fast-food giant McDonald’s has agreed to pay €1.25 billion to the French authorities to avoid prosecution for tax evasion. McDonald's is set to pay a fine of €508 million while also settling a bill of €737m for unpaid tax dating from 2009 to 2020.

Kate Forbes, cabinet secretary for finance and economy, has announced the appointment of four new Highlands and Islands Enterprise (HIE) board members. Dr Keith Nicholson, Ailsa Raeburn and Anna Salgado began their term on 13 June and Simon Cotton will start on 1 April 2023. All four appointments ar

A Scottish chippy has launched started offering a fish supper that costs £80 and is covered in 24 karat edible gold.

The Royal Bank of Scotland has announced a package of support for farmers in an effort to help the sector deal with rising costs. The bank, which is owned by NatWest, will offer capital repayment holidays to farmers, as well as increases to overdrafts.

Fashion-conscious individuals should be on the lookout for fake adverts claiming to offer designer trainers, with a surge in scams cases reported so far this year, according to Bank of Scotland owner Lloyds Bank.

The ability to plan effectively and make informed decisions has never been more crucial in these most challenging of times, according to Scottish accountancy firm EQ Accountants. For charities, this includes having effective budgeting, forecasting and cash flow management.

KPMG UK has announced its alliance with Alteryx, the analytics automation company, as part of the firm’s continued technology strategy to invest in technology to automate the firm’s solutions and help clients accelerate data-driven business transformations. KPMG and Alteryx will combine

Finance Ministers across the UK met in Cardiff yesterday, with how to support people and businesses with soaring bills dominating discussion. The price of food, fuel, energy, clothes, travel costs and rent continue to go up as inflation rises. And OFGEM has warned energy bills are set to rise again

Accountancy and business advisory firm Johnston Carmichael has bolstered its private client advisory team with three new senior appointments. Katy Burke has been appointed as director and Michael Jamieson and Roger Campbell have both been appointed as senior tax managers in the team, all working wit

Burness Paull has been named the top-performing legal dealmaker in Scotland for the sixth time, topping the Business Insider deals table for 2021. In the tables published this week the firm led the market, having advised on 358 deals.

Azets is hosting a Non-Executive Directors Forum for the Public Sector on Thursday 30 June 2022 at The Scotsman Hotel, Edinburgh from 9am. This session will provide an opportunity to share thoughts from the last two years on the theme of 'Resilience, Recovery and Rebuilding in the Public Sector'.