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
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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).
Scottish people are more likely to be saving for a holiday than for a home, RBS's Savings Index has revealed.
Buccleuch, the company that controls the business interests of the Duke of Buccleuch and his family, has reported that annual profits rose massively from £5.2 million to £23.2 million in the year that proved to be the final one for the duke as chairman. The firm said that while a signifi
PwC has named Claire Reid as its first female regional leader in Scotland. She replaces Lindsay Gardiner, who is stepping down from the role after seven years.
James Dargie, who served as Scotland’s first Controller of Audit having built the Accounts Commission from scratch in just three months, has died aged 101. Mr Dargie worked for Scottish Gas before becoming chief financial officer of the Glenrothes Development Corporation after holding several
Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension funds, has invested £40 million in debt issued by Scottish Borders-based Eildon Housing Association.
International law firm Pinsent Masons has seen a seven per cent rise in global turnover and a slump in profit per equity partner (PEP). Unaudited figures for the year to 30 April, show gross profit increased by 2.5 per cent to £192.4 million while PEP fell for the first time in six years by fi
