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UK ministers have distributed contracts of up to £288 million to consultants at Big Four accountancy firms KPMG and EY to train thousands of civil servants over the next four years. Both firms will design and deliver courses in everything from project management and leadership to training on M

Catherine Burnet, KPMG’s regional chair for Scotland, looks back at the challenges Scotland’s faced in the last year, and what lies ahead. In January 2020, none of us could have anticipated the overwhelming scale of economic and societal challenge that COVID-19 would create – it go

Allan Murray Architects (AMA) has entered into an employee ownership trust (EOT) with its staff as the beneficiaries. The firm is behind many of Scotland’s most impressive new buildings and masterplans and has arguably played a bigger role in Edinburgh’s recent architectural renaissance

Shepherd and Wedderburn’s banking and finance team has reported a busy 12 months, supporting clients with a mix of strong deal volumes and advisory work, despite the ongoing challenges presented by the COVID-19 pandemic. In the year to 31 October 2020, the team advised clients, including banks

Halifax has estimated that house prices in the UK will drop by up to 5% next year as a result of rising unemployment and the end of the UK Government’s stamp duty holiday.

NatWest Group has announced that it has entered into an agreement with Metro Bank to acquire a £3.0 billion portfolio of prime UK mortgages. The portfolio consists of owner occupied residential mortgages with a weighted average current loan to value of c.60%.

Glasgow-based fintech Guiide has secured another successful round of funding from a group of investors as the firm looks to increase its user base. The funding will help support Guiide develop more features and increase its already growing user base which continues to grow month on month. The invest

A record number of Bitcoin ATMs were set up last month, with 1,120 new machines installed across the world.

The Financial Reporting Council (FRC) has announced Amendments to UK and Republic of Ireland accounting standards – UK exit from the European Union. The amendments update UK and Republic of Ireland accounting standards for changes in legislation following the UK’s exit from the European

Furlough and other Government support measures appear to have stemmed a feared significant rise in corporate insolvencies in Scotland, according to the latest data from KPMG. In November, there were 35 administrations or liquidations in Scotland - 23 fewer than the same period last year. Meanwhile,

Nearly a third of Scottish employees (29%) report that they have a greater appreciation for their colleagues than they did before COVID-19, according to a new study from Royal Bank of Scotland.

Ian McMonagle, tax specialist at Russell & Russell Business Advisers based in Glasgow, discusses why UK citizens living in Europe must act now to sort their tax affairs following changes in EU residency regulations. In an interconnected age, with ease and convenience of travel, many UK citizens

Lawyers at Lindsays are warning kind-hearted parents are that their festive generosity could prove costly for their children - leaving them with hefty tax bills. Presents of cash, a car or money for a holiday come with potential pitfalls that many people simply do not realise, according to the firm.

The UK's budget deficit rose to £31.6 billion in November, the third-largest monthly budget deficit on record and the highest since May, according to the latest figures from the Office for National Statistics (ONS).

Sharon McDougall, part of Begbies Traynor's Scotland Debt Solutions Team, discusses the outlook for businesses after the end of the furlough scheme. The Coronavirus Job Retention Scheme (CJRS) continues to provide a lifeline to millions of workers across the country during the coronavirus pandemic b