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Aberdeen Asset Management has imposed a 17 per cent exit fee on the UK property funds in which it has suspended trading in the wake of the UK’s vote to leave the European Union. The news came in an announcement by the investment firm in an update on its Aberdeen UK Property Fund and Aberdeen UK Pr

Over half of Scottish farmers surveyed by Johnston Carmichael are pessimistic about the outlook for 2016 and beyond, in contrast to the accountancy firm’s 2015 survey which revealed a broadly upbeat mood. Of the farm businesses who responded to the questionnaire, 69 per cent highlight output price

Brian Williamson Edinburgh-headquartered Jumpstart, the specialist Research and Development (R&D) tax relief firm, has announced the opening of a new office in Slough.

The Scottish Chambers of Commerce, Federation of Small Businesses, Scottish Financial Enterprise, Scottish Council for Development & Industry, Confederation of British Industry and Institute of Directors have collectively set out the most pressing issues they feel must be tackled if Scottish bus

Entrepreneurial Scotland, in association with Deloitte, has today opened nominations for its annual Entrepreneur of the Year Awards. Celebrating Scotland’s top entrepreneurial talent, the event focuses on two awards – ‘Entrepreneur of the Year’ and ‘Emerging Entrepreneur of the Year’ –

Standard and Poor’s (S&P) has downgraded its credit rating for Glasgow-based housing, care and property giant Wheatley Group just weeks after upgrading it. The International ratings agency cited the “increasing political uncertainty” which has followed the UK’s decision to leave the EU f

Fifteen Scottish-based accountants have been named among ICAS’s 35 Chartered Accountants (CAs) under 35 for 2016. The global body of finance professionals said the list, which includes entries spanning six continents, recognises “the best and brightest Chartered Accountants who are making a diff

New research has revealed that 84 per cent of UK workers are working beyond their contracted hours, with those in high level positions most likely to work more than 10 hours over their contracted hours (42 per cent) compared to 21 per cent of entry level employees respondents. Global professional se

Companies in Scotland will see their pension liabilities increase by £15bn, according to a half year report on the health of pension schemes by PwC’s pensions practice. The Skyval Index that looks at the health of defined benefit pension schemes shows the deficits that companies disclose in their

Roger Cotton, a partner at Brodies, writes about the effect Brexit might have on the way the spending of public money is regulated. One way in which EU law seeks to preserve open trade between Member States is by regulating the way in which public money is spent.

Declan Hourican Edinburgh-based Tesco Bank has announced the appointment of Declan Hourican as its new chief financial officer.

Aberdeen Asset Management has extended the 24 hours suspension in trading on its £3.2 billion UK property fund initiated on Wednesday, saying it has now pushed back the deadline of the hiatus until midday on Monday. Aberdeen has introduced the suspension on Wednesday at the same time as imposing a

The Coventry Building Society is set to introduce what could be the cheapest 10-year fixed rate mortgage deal on record as lenders anticipate a further cut in base interest rates next week. Economists think there is a 78 per cent chance that the Bank of England will cut base rates next Thursday and

Fifteen Scottish-based accountants have been named among ICAS’s 35 Chartered Accountants (CAs) under 35 for 2016. The global body of finance professionals said the list, which includes entries spanning six continents, recognises “the best and brightest Chartered Accountants who are making a diff

The Financial Conduct Authority (FCA) is seeking input on which areas should be considered as part of its upcoming review of the rules surrounding both investment-based and loan-based crowdfunding. In 2015 an estimated £2.7 billion was invested on regulated crowdfunding platforms, up from £500 mil