Aberdeen Standard Investments (ASI) has announced its intention to lift the temporary dealing suspension on the £1.6 billion Standard Life Investments UK Real Estate Fund and £0.9bn Aberdeen UK Property Fund. Dealing in the funds will resume on November 16.
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The Low Incomes Tax Reform Group (LITRG) of the Chartered Institute of Taxation (CIOT) has backed a call to make the new self-isolation support payments free of income tax and said this should apply across the UK. It was reported at the weekend that the Scottish Government had written to the Treasur
Keith Skeoch has been appointed interim chair of the Financial Reporting Council (FRC). Mr Skeoch will serve as interim chair from October 12 for a period of up to six months.
Audit fees at the Big Four accountancy firms Deloitte, PwC, EY and KPMG increased by 6.9% last year as they increased their charges to account for tougher regulations introduced by the regulator. The Financial Reporting Council’s (FRC) 2020 Key Facts and Trends in the Accountan
The Financial Conduct Authority (FCA) has published proposals on how firms should continue to seek to help customers who hold insurance and premium finance products and may be in financial difficulty because of coronavirus after October 31. The proposed guidance sets out how firms should provide tai
Moody's has downgraded the UK's credit rating as analysts highlight the economic damage caused by the coronavirus pandemic.
The Financial Reporting Council (FRC) has issued three sets of amendments to UK and Ireland accounting and reporting standards. The amendments address some topical issues, and maintain a necessary alignment with international standards.
Edinburgh-based bank Hampden & Co has reported strong results during the third quarter of this year on the back of demand for borrowing. Total lending was up 16% against the previous quarter at £289 million and increased 77% on a year-on-year basis. Deposits also increased
Betsy Williamson, founder and managing director of Scottish recruitment company Core-Asset Consulting, participates in our Just a Minute feature. Name:Betsy Jane Williamson
Dr Liz Cameron OBE, director and chief executive of the Scottish Chambers of Commerce (SCC), has been re-appointed as the ‘Scottish Business’ representative to advise the UK Government on strategic trade policy issues, including future trade agreements. SCC’s participation in
Galashiels-based timber harvesting contractor Dick Brothers Forestry has secured £300,000 in asset financing from HSBC UK to purchase the UK’s first, and the world’s fastest, timber forwarder.
An innovative new system developed by Edinburgh-based Hearing Diagnostics Limited that has the potential to revolutionise hearing tests globally has received £715,000 of financial backing from Archangels. The investment will enable its hearing test system to undergo trials with universiti
Businesses in Scotland impacted by the current block of coronavirus restrictions can apply for grants of between £1,000 and £3,000 from today. The Federation of Small Businesses (FSB) in Scotland is urging hospitality firms and other operators eligible for help to apply quickly, a
Residential property, conveyancing and estate agency firm Simpson & Marwick is to become part of the Aberdeins Group following a de-merger from global law firm Clyde & Co. Rob Aberdein will join the firm as managing partner.
One in ten people in the UK are hoarding more cash at home than before the coronavirus pandemic in case of an emergency, according to new data from the Bank of England.