The UK economy contracted by 0.1% in April, official figures show, as the conflict in the Middle East began to weigh on growth and energy prices climbed following Iran's closure of the strait of Hormuz. The fall in gross domestic product, which economists had anticipated, followed a 0.3% rise in Mar
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The Royal Bank of Scotland (RBS) and STAC have expanded their partnership that will bring deep tech expertise to entrepreneurs in Edinburgh. Under the arrangement, STAC personnel will be based directly within the bank's new Edinburgh Accelerator Hub on Princes Street. STAC entrepreneurs will gain fu
Aberdein Considine’s debt recovery and banking litigation team has been shortlisted for the Best Company to Work For (Service Provider) at the upcoming UK Credit Awards. Three of the firm's junior lawyers – Katie Macdonald, Chloe Imrie, and Sarah Clough – have also been nominated i
KPMG Glasgow has partnered with Nationwide to welcome Glasgow secondary school students into its city centre offices this week, giving them the chance to gain first-hand insight into the world of work.
MHA, which has offices in Edinburgh and Aberdeen, has posted a trading update showing revenue growth of 12% and adjusted earnings ahead of market expectations, for the year ended 31 March 2026. Group revenue rose to approximately £251 million for FY26, up from £224.2m in the prior year,
Rathbones Group plc has reported a 9.4% rise in operating income for the first quarter of 2026, even as the FTSE 250 wealth manager continued to absorb tax-related withdrawals and persistent outflows from its lower-margin businesses. In a trading update issued ahead of its annual general meeting tod
Armstrong Watson has appointed Paul Russell as head of VAT and indirect tax, strengthening the firm’s specialist advisory capability across Scotland and the North of England. Mr Russell joins with more than 27 years’ experience in VAT and other indirect taxes, having worked at HMRC for 1
In a significant boost for Scottish startups, Royal Bank of Scotland (RBS) has announced a new partnership with the University of Edinburgh to combine entrepreneurship expertise. The new partnership will build on the existing close relationship between Scotland’s largest bank for business and
Armstrong Watson has opened a new office in Edinburgh as part of its continued investment in Scotland. The new Edinburgh office, in Spaces, Lochrin Square, builds on Armstrong Watson’s continued growth in Scotland and follows the acquisitions of Martin Aitken and Parkhill Mackie in Glasgow. Th
HM Revenue & Customs has sharply increased its scrutiny of unpaid VAT, with investigations into large and medium-sized companies rising by nearly a third last year as the government intensifies efforts to close a £47 billion tax gap.
More than half of businesses expect trading conditions to worsen in 2026/27, while rising employment costs and wider uncertainty continue to weigh on confidence, according to Armstrong Watson’s latest Client Business Confidence Survey. The survey, completed by 245 businesses, found that 54% of
A pioneering programme delivering business support for underrepresented women in Edinburgh has been showcased at an event in Scotland’s capital today. The pilot programme ‘Bold Beginnings’ – delivered by Elevator in partnership with Business Gateway Edinburgh, supported by Ci
Landlords, sole traders and the self-employed are being urged to prepare for "the death of the traditional tax return" in April. Azets is warning that those with gross income above £50,000 per year will have to comply with a new Making Tax Digital (MTD) regime.
Women’s ambitions to become entrepreneurs are rising in the UK, according to early findings from ACCA’s forthcoming Global talent trends 2026 report. Released ahead of International Women’s Day 2026, new survey data shows that 32% of women working in finance and accountancy in the
Aberdeen Group PLC saw its shares fall 8% today despite reporting higher profits, as persistent net outflows across its business weighed on investor sentiment. Adjusted operating profit rose 4% to £264 million for the year ended 31 December 2025, while IFRS profit before tax jumped 76% to &pou
