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After completing the 2018 London Marathon in record-breaking temperatures, accountant Andy Bell is once again pulling on his running shoes to show that the 26.2-mile route is far from too hot to handle. Although he managed to complete the course in sweltering 23.2C temperatures, Andy was disappointe

Wylie & Bisset is warning anyone who participated in Employee Benefit Trusts (EBTs) and Employer Funded Retirement Benefit Schemes (EFRBs) that the new Tax Year could bring unprecedented financial woe as the new Loan Charge Legislation comes into force. Traditionally such schemes remunerated key

HM Revenue & Customs has come under fire from MPs over a letter that it sent out to tens of thousands of self-employed workers suggesting that they should consider remortgaging their homes or take out loans to settle huge tax bills they've been hit with relating to decades old tax arrangeme

EY has announced the appointment of Andy Brogan as the new global oil & gas sector leader at the international firm. In his new role, Mr Brogan will be responsible for driving the EY oil & gas sector strategy, leading teams comprising a total of more than 10,000 industry professionals w

Edinburgh-based Ethical Finance Hub has become the first Scottish-focused financial body to endorse the United Nations Environment Finance Initiative’s (UNEP FI) Principles for Responsible Banking. A coalition of 49 banks, including Barclays and Santander, have committed to aligning their stra

The Financial Conduct Authority (FCA) has found that three asset management firms breached competition law, in its first formal decision under its competition enforcement powers. The firms are Hargreave Hale Ltd, Newton Investment Management Limited and River and Mercantile Asset Management LLP (RAM

Finance Secretary Derek Mackay has reached an agreement with the Scottish Green Party to support the Scottish Budget at all parliamentary stages. In letters exchanged today, Mr Mackay outlined a package of reforms to local government as Green co-convener Patrick Harvie said the deal was the res

Lower income households are at least half as likely to invest as those in higher managerial positions, raising fears of a growing wealth gap, research from Scottish Friendly reveals.

The City of Edinburgh Council says it has completed its work to develop and agree a Transient Visitor Levy (TVL) or 'tourist tax' scheme for the capital.

TSB has today announced it will provide protection for small business owners by launching an "SME Lending Pledge" – six commitments to help small business borrowers facing financial difficulty – with the hope that other banks will follow suit.

An accountancy firm which had offices in Elgin, Huntly and Moray has closed down with its owner and founder saying the company had been hit by “challenging business conditions”. The demise of Faith Simpson Accountants, which serviced a variety of clients across the north-east in man

Figures published by the City of Edinburgh Council today appear to show strong public support for the introduction of a Transient Visitor Levy (TVL) - or tourism tax - in the Capital, with an overwhelming majority of respondents - and, significantly, the majority of accommodation providers - in fav

The government-owned British Business Bank has appointed Ian Mitchelmore as its UK Network senior manager for Scotland. The UK Network will see team members in each of the English regions and devolved nations work on identifying and helping to reduce imbalances in access to finance for smaller UK bu

Edinburgh private bank Hampden & Co is adding digital banking services to its offering, with its mobile banking app set for launch this month. The news comes a week after it was revealed that Hampden became one of the group of UK banks, to be selected for the £275 million RBS Incentivised

New principles to improve the corporate governance of large private companies have been developed by a coalition established by the Financial Reporting Council (FRC) under the leadership of building firm Wates Group. Launched today, the new code was drawn up by chairman James Wates CBE to provide a