An exclusive-use castle in Moray is set to open its doors to the public following the completion of a significant refurbishment, enabled by a £550,000 funding package from Royal Bank of Scotland.
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Mark Brown, partner at Aberdeen chartered accountancy practice Meston Reid & Co, has warned businesses who have accessed schemes such as furlough and the Self-Employment Income Support Scheme (SEISS) to prepare for additional checks on their practices. HMRC is getting serious about pursuing frau
New research published by the Financial Conduct Authority (FCA) has estimated that 2.3 million adults now hold cryptoassets, marking an increase from the 1.9 million recorded last year. The research also revealed that 78% of adults have now heard of cryptoassets, up from 73% in a year.
HMRC Stamp Duty press machines will be officially retired from service on 19 July 2021, marking the end of over 300 years of tax-related history.
Bank of America Merrill Lynch and Credit Suisse have urged the Bank of England (BoE) to raise interest rates faster than expected to avoid soaring inflation rates. The call comes as the two banks brought forward their projections for the first interest rate rise since August 2018. While the lenders
The number of sub-1% mortgages on offer in the UK has increased as major banks and lenders extend their ranges. HSBC UK has unveiled a rate below 1% for the first time in nearly five years, while Nationwide Building Society is offering a 0.99% mortgage fixed for two years for borrowers with a 40% de
Anderson Anderson & Brown (AAB) has announced the promotion of Natalie Boyle to audit director within its Glasgow office. Ms Boyle who is a graduate of Glasgow Caledonian University has 10 years’ experience in the industry and joined Hardie Caldwell three years ago. Most recently she held
Wolfcraig Distillery has signed a new land deal with Ambassador Group which will see the development of a new £15 million Scotch Whisky distillery and visitor centre at the Craigforth Campus in Stirling.
Big Four accountancy firm Deloitte is to allow its 20,000 UK employees to choose how often they come into the office, if at all, after the pandemic. Deloitte said it would let staff decide “when, where and how they work” after the success of remote working during the Covid crisis.
Chartered accountants Wylie & Bisset has backed Hospitality UK’s warning of a ‘long Covid for the economy’ as firms face huge levels of debt as the economy reopens. With the hospitality sector having amassed £2.5 billion of rent debt with another £6bn worth of gover
The Supreme Court has found that an accounting firm that incorrectly advised a building society that it could use a method of accounting known as “hedge accounting” to handle volatility in certain payments had negligently cost the society £32 million for the cost of ditching the co
Virgin Money, owner of Glasgow-based Clydesdale Bank, has completed a new deal supporting Scottish Hydro Investment Limited (SHIL) in the acquisition of two operational hydro schemes from Guinness Asset Management.
Stuart Robertson, partner and head of employment law at Gilson Gray, discusses the end of furlough and highlights why redundancy is not the only option for employers. With 30 September signalling the termination of furlough support from the UK government, barring any change of heart, it is inevitabl
Family-run jewellers Laings has unveiled its vision for the future, with ambitious new plans to strengthen its presence across the United Kingdom. After celebrating 180 years of trading in 2020, Laings is now looking ahead to build on its legacy with extensive expansion plans set to be unveiled, aim
A project underway to upgrade the Busta House Hotel in Shetland has secured up to £194,000 from Highlands and Islands Enterprise (HIE) in the past year.