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A return to austerity would have significant consequences for people and public services, deputy first minister John Swinney has warned ahead of the UK government’s autumn statement. Mr Swinney has called for an alternative to austerity to avoid the UK Government “prolonging” the r

Michael Reid, managing partner at Meston Reid & Co, discusses the role of liquidators in the fight against fraud. It is often said that challenging economic conditions create financial uncertainty and result in an increase in fraudulent activity by the unscrupulous.

The Association of British Insurers (ABI) is urging the Chancellor to freeze the rate of Insurance Premium Tax (IPT) in the Autumn Statement on 17th November. As hard-pressed families, businesses and charities battle the rising cost of living, a hike in IPT could lead to people cutting back on insur

First Group has revealed a statutory operating profit of £62.1 milllion, up from £52.2m, in its H1 results for the six months ending 24 September 2022 Earlier this year the group sold off its East Scotland division to McGill's Buses.

Barclays will make payments of around £1 million to over 1,000 affected customers, after the Competition and Markets Authority (CMA) found that the bank breached the Payment Protection Insurance Market Investigation Order 2011.

Last Friday 600 guests gathered at Glasgow Hilton for the Glasgow Children's Hospital Charity's Fundraising Ball, raising over £200,000. The ball, which was the first in three years, reached the record-breaking donations total with a generous gift from James and Sandy Easdale of McGill’s

Glasgow-based Consilium Chartered Accountants has made five senior promotions to further enhance the company’s growth prospects. Susan Webb – one of the original members of the Consilium team – has been promoted to finance and operations director. She will lead all financial and op

Experienced cybersecurity and international B2B Software as a Service (SaaS) CFO, Mark Wheelhouse, has joined Cyacomb’s senior leadership team. Based in Edinburgh, Cyacomb is an online safety company that specialises in harnessing the power of data and technology to help law enforcement, socia

Chad Griffin and Tom MacLennan, joint administrators and partners with FRP Advisory, have instructed Savills to bring the well-known Category B Listed Edinburgh Filmhouse building to the market. The Edinburgh International Film Festival, the Filmhouse and Aberdeen’s Belmont cinema were closed

Clarkston-based Clark Andrews, a chartered accountancy firm founded in 2005 by Robert Andrews and Karen Clark, has joined the Martin Aitken Group. All of the Clark Andrews staff will remain based in the Clarkston office and will continue to operate under the Clark Andrews name.

The Bank of England's (BoE) Monetary Policy Committee (MPC) has voted to raise the base interest rate to 3%, a 0.75pp increase from 2.25%. This BoE interest rate hike follows the US Federal Reserve's decision to hike the US base rate by 0.75pp yesterday.

A new study has found that Edinburgh offers the best opportunities for a career in finance after London. The research, carried out by CMC Markets, analysed the latest data from the Office for National Statistics, published in March 2022, for finance enterprises in 342 UK districts, excluding Lo

Glasgow-based Quantuma Advisory has appointed Paul Black as director within its forensic accounting team. Mr Black joins Quantuma as an experienced forensic accountant and expert witness within the Scottish market. Strengthening Quantuma’s expert witness and dispute offering, he will assist in

EY's UK partners have received a 7% boost to their payouts, an average of £54,000 to £803,000, as the big four firm announced record levels of growth for its UK business. The firm's UK revenues are up 17.2% and UK fee income increased to £3.23 billion from £2.75bn over the la

New research has found that a combination of inflationary pressures, rising interest rates and high energy costs, and ongoing supply chain issues are all significantly impacting the financial viability of many mid-sized businesses. The 'Business Outlook Tracker', by business and financial advis