News

Scottish Chambers of Commerce has lauded the winners of an awards scheme featuring female leaders in Scotland. The Scottish Women’s Awards 2019 highlighted the achievement of winners and finalists in Scotland. Sarah Medcraf, CEO of Moray Chamber of Commerce; Hazel Moffat, partner in law f

Brodies LLP has been named Legal Advisor of the Year at this year’s Scottish Business Insider Deals and Dealmakers Awards.

The average prison time for money laundering offences rose to a record high of 27 months last year after the introduction of new sentencing guidelines, the Financial Times reports. Research undertaken by Thomson Reuters showed that the average length of jail sentences for offenders convicted of mone

Alan Howard, the founder of hedge fund Brevan Howard, is reported to be planning to launch a $1 billion venture dealing with cryptocurrency hedge funds. Elwood Asset Management, which manages his personal crypto assets, is currently working on a platform aimed at creating portfolios of crypto funds

Charter Savings Bank has launched eight new accounts across its fixed rate bonds, fixed rate and easy access ISAs and notice accounts. The challenger bank’s new fixed rate ISA range includes one year and two year accounts offering rates at 1.62 per cent and 1.76 per cent as well as an easy acc

'Craft' water from springs and lochs near whisky distilleries in Scotland is being sold for about £60 a litre, The Times reports. Graeme Lindsay, whose Uisge Source company sells three types of whisky water at a cost of £3 for a 5cl miniature bottle, has sold a million bottles since 2016

Kirsty Yuill has been appointed as senior manager of Johnston Carmichael's Dundee team. Due to join the company's recently opened Dundee office, Ms Yuill has over 12 years of experience and moves to Johnston Carmichael from Mazars LLP, where she managed a team of 10 and provided business suppor

KPMG has hired 80 new recruits to join the company's Glasgow, Edinburgh and Aberdeen offices in 2019. The company has hired an extensive number of talented young people with specialisms in audit, tax, consulting, and new digital tech-focused roles.

A survey by the Emerging Payments Association (EPA) has revealed that over three-quarters of women in payments believe gender discrimination remains unacceptably high in the industry.

Citi has promoted Anne-Maree Tassell as the new head of operations and technology for EMEA. 

HSBC has provided Highland Spring Group with £55.5 million to help its operational and environmental strategies prosper. The funding includes asset-based lending and debt refinance.

An audit, tax and consulting firm has joined the call for the UK Government to delay its proposed implementation of the VAT Domestic Reverse Charge due to the apparent lack of preparedness from within the industry. The VAT anti-evasion, which will target specific supplies within the construction sec

Plans to deliver “world-class” office space for up to 3,000 employees in Glasgow’s International Financial Services District (IFSD) has been granted full planning approval by Glasgow City Council.

Business confidence in Scotland decreased by nine points within a month to minus 9%, the Bank of Scotland Business Barometer has indicated.

A YouGov and Centre for Economics and Business Research (CEBR) poll has indicated that consumer confidence has hit a five-year low due to fears of a recession by the end of the year.