Search: financial focus

HMRC is homing in on inheritance tax avoidance by wealthy families through the creation of a secret unit which will investigate the ways in which investment companies are used to reduce bills.

Keith Skeoch, CEO of Standard Life Aberdeen, has been appointed chair of the Investment Association’s (IA) board. Mr Skeoch replaces Peter Harrison, group CEO of Schroders, as chair after his three-year term comes to an end.

Venture Capital (VC) investment in Scottish scale-ups almost doubled in 2019, hitting just under £198 million, according to new research from KPMG. The Global Venture Pulse Survey by KPMG Private Enterprise, reveals the amount of money invested in Scottish fast-growth businesses in 2019 reache

Stuart Robb and Michelle Elliot of Leonard Curtis Business Rescue & Recovery Glasgow, have been appointed joint administrators of Houseology Design Group Limited in relation to the company’s e-commerce division, Houseology.com. The company, which was incorporated in April 2010, trades as a

A CMS survey of more than 100 key executives representing four of Scotland’s most important future industry sectors has revealed significant concerns about the impact of Brexit in the year ahead. The research included select interviews and a survey of industry leaders from the Renewable Energy

Bruce Stevenson, Scotland’s largest independent insurance broker, has welcomed record results as the company reported revenue of £7.6 million for the year to 31st August 2019. Bruce Stevenson, which is a chartered broker and a founding member of the industry UNA Alliance, now has 100 peo

The Royal Bank of Scotland has today unveiled a new £7 million programme to help support communities and organisations across Scotland. The Royal Bank 300 Fund has been set up to mark the bank’s 300th anniversary in 2027 and will see the bank invest £1m a year, for the next seven y

Andrew Sackey, partner and head of tax fraud investigation at Pinsent Masons, discusses the accelerating speed of the crackdown on corporate fraud. As we edge towards the end of the first working week of this new decade, it is worth noting that tax compliance measures first introduced at the start o

Cornelian Asset Managers has been sold to Brooks Macdonald for a fee of up to £39 million. It was revealed in a stockmarket announcement, that Brooks Macdonald has acquired 100% of Cornelian's issued share capital from its shareholders, including senior management.

Lloyds Banking Group's profits have fallen substantially following a £1.8 billion hit for payment protection insurance (PPI) mis-selling compensation. The bank's total bill for the PPI scandal now stands at almost £22bn.

The Financial Reporting Council (FRC) has today set out its expectations for corporate reporting to improve trust in business. In an open letter to all audit committee chairs and finance directors, the FRC has called for improvements to corporate reporting.

The first ever FinTech National Network Symposium, bringing together the various fintech bodies from across Britain, will take place in Glasgow on the 10th of October.

Four Scottish accountancy veterans have been recruited by Belfast finance firm HNH to open a new corporate finance office in Edinburgh to target small and medium-sized enterprises (SMEs) including family-owned companies. HNH specialises in advising customers in deals within the £1 million to &

The boards of Smith & Williamson and Tilney have reached an agreement to combine their respective businesses. Pictured (L-R): Kevin Stopps, Chris Woodhouse and David Cobb

An Edinburgh-based entrepreneur is seeking to raise £600,000 for a new start-up, likened to Airbnb for commercial property, with support from the Royal Bank of Scotland (RBS).