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HM Revenue and Customs (HMRC) has issued a warning to Self Assessment customers about scammers purporting to be from HMRC. As the department issues thousands of SMS messages and emails as part of its annual Self Assessment tax return push ahead of the annual deadline on 31 January 2021, HMRC is warn

Bill Michael, chairman and senior partner of KPMG UK, has told partners that the firm's board has decided to sell its UK restructuring arm because conflicts of interest and increased regulatory scrutiny are preventing it from securing new work. Yesterday, Mr Michael told the board that concerns

Corporate reporting needs to improve to meet the expectations of investors and other users on the urgent issue of climate change, according to a new review released by the Financial Reporting Council. The regulator has said that while for some companies the challenge may be further on the horizon, c

For July to September 2020, Scotland’s employment rate estimate rose over the quarter to 74.0%, according to the latest official labour market statistics published by the Office for National Statistics (ONS) today.

The Financial Conduct Authority (FCA) has confirmed its approach to the share trading obligation (STO) at the end of the Brexit transition period, if mutual equivalence is not agreed. Only mutual equivalence would mean that firms could continue to satisfy STO obligations at trading venues in both th

UK banks are turning away mortgage business by increasing interest rates on several new mortgages as they struggle to cope with soaring demand for borrowing in the post-lockdown housing market.

Brian Williamson, chairman of Glasgow-headquartered 4icg Group, whose subsidiaries include Fierce Digital, Pursuit Marketing and Software Advisory Service, details how to kickstart the economy after COVID-19. I have been impressed, not only with  the economic levers Rishi Sunak, has used to sti

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

Scottish entrepreneur Alison Grieve has struck two major deals to grow sales of her revolutionary tablet computer product. Curry’s is now selling her ergonomically-designed G-Hold tablet holders, while she has also signed a distribution deal with Arthr, a company specialising in products and i

As Scottish telecoms technology company Calnex Solutions today confirmed its £42m listing on London’s AIM market, Burness Paull's Chris Gotts, lead legal adviser on the Calnex IPO, discusses why more growing businesses in Scotland should follow suit.  Traditionally businesses i

The Scottish National Investment Bank (SNIB), Scotland's state investment bank, is set to launch before December this year. 

Homes for Good (HFG) has secured £3 million of investment from Big Issue Invest (BII). The investment allows early stage investor Impact Ventures UK (IVUK) to successfully exit three years early.

Scotland must encourage investors into its property market up to investors as a way of supporting its economy once the coronavirus recedes according to a  property management firm Apropos. The firm, which operates as DJ Alexander in Scotland and apropos is its UK-wide property managem

A “game-changing” £300,000 has boosted the Langholm Moor Community Buyout’s attempt to secure southern Scotland’s biggest community land buyout – bringing its funding total to £3.1 million – as a 31 October deadline looms.

The Financial Conduct Authority (FCA) has said that the home and motor insurance markets require significant reform, as it today set out proposals to tackle concerns about general insurance pricing.