The number of unemployed people in Scotland has fallen to a new record low following the first three months of this year, according to official figures that have also revealed UK pay growth has reached its fastest rate since the financial crisis. The Office for National Statistics (ONS) said the job
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Goldman Sachs International (GSI) has been fined £34,344,700 by the Financial Conduct Authority (FCA) for failing to provide accurate and timely reporting relating to 220.2 million transaction reports between November 2007 and March 2017. The City watchdog found that GSI failed to ensure it pr
Dame Jayne-Anne Gadhia, the former chief executive of Virgin Money, has had her appointment to the financial policy committee of the Bank of England pushed back for a year after The Treasury was forced into a postponement to avoid “conflicts of interest”. Dame Jayne-Anne, 57, had been du
With HMRC set to crackdown on tax owed through controversial loan schemes, ACCA is urging contractors and self-employed workers enrolled to seek financial advice from a chartered certified accountant. It stems from government legislation in 2016, which applied a tax charge on outstanding balances &n
Scottish accountants and financial advisers French Duncan are today highlighting the fact that the most significant changes to insolvency working practices in Scotland in over 30 years are to come into force in just four weeks when they are introduced on 6th April. The new rules are the In
The Housing team at law firm Harper Macleod has seen the overall tally for Scottish housing association funding deals it has advised on in the current financial year approach the £500 million mark after the latest investments were announced. Led by partner Derek Hogg, one of Sco
Scottish businesses are being warned to prepare for the VAT implications of a no deal Brexit, according to accountants and financial advisers French Duncan. Letters from HMRC are currently being issued telling firms about the changes which will affect all businesses which are VAT registered and whic
Accountants and financial advisers French Duncan has warned Scottish businesses to prepare for the VAT implications of a no-deal Brexit. Letters from HMRC are currently being issued telling firms about the changes which will affect all businesses which are VAT registered and which currently import a
Johnston Carmichael Wealth, the financial planning arm of accountancy and advisory firm Johnston Carmichael, has announced the appointment of Ross Leckridge as associate director.
Grant Thornton has launched a new charity partnership in Scotland in a bid to help tackle a condition dubbed ‘Scotland’s silent killer’. The leading business and financial advisor is aiming to raise thousands for the charity Sepsis Research (FEAT) through fundraising drives and emp
NatWest is recognising brokers in the mortgage industry that have gone beyond everyday expectations to put the customer and their local community at the heart of their firm. In total 60 firms have been shortlisted for recognition in the 12 regional awards, with a further two awards for Best National
While some may believe manners are slipping in the 21st century, Scots are still concerned about appearing polite where cash is concerned, with 40 per cent of people from Scotland saying they are worried about committing a financial faux pas or appearing ill mannered when it comes to money, new rese
Edinburgh-based financial giant Standard Life Aberdeen has continued to buy back shares from investors in the wake of the sale of its life arm to Phoenix last year. A stock exchange announcement posted this week shows the firm, which has suffered outflows since forming through merger in 2017, purcha
The Bank of England has announced that interest rates are to be held at 0.75 per cent ahead of what it says will the slowest year of growth since the recession that followed the financial crisis of a decade ago. The Bank has also revised its growth projection of 1.7 per cent for 2019, published in N
The Association of British Insurers (ABI) has today launched a beta version of an online calculator, which works out consumers’ likely financial entitlements if they are unable to work due to illness or injury. ‘Percy The Protection Calculator’, which is still in development, is a
