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New figures published by UK Finance show there were 130,000 mortgage payment deferrals in place at the end of December 2020.

An increasing number of wealthy families in the UK are making more claims for inheritance tax repayments under a little-known rule that allows refunds on share and property losses. Under the rule, executors are allowed to apply for IHT refunds on losses made ont he sale of inherited securities, incl

HSBC has warned that it could close accounts for customers who refuse to wear masks in its bank branches. The bank called for customers to respect the law that made wearing face coverings in its branches mandatory to stop the spread of COVID-19.

Neil Norman, head of entrepreneurial tax and senior tax partner at Chiene + Tait, discusses the issues surrounding potential changes to taxation in light of the COVID-19 pandemic. 

The Financial Conduct Authority (FCA) has issued a warning to consumers about the risks of investments advertising high returns based on cryptoassets. The FCA has said it is aware that some firms are offering investments in cryptoassets, or lending or investments linked to cryptoassets, that promise

FRP Advisory, the liquidators of Patisserie Valerie, has launched a £200 million legal claim against the cake chain's auditor Grant Thornton. Patisserie Valerie went into administration in January 2019 following the emergence of an accounting scandal.

The Royal Bank of Scotland has issued an urgent scam alert following the new lockdown. The lockdown at the beginning of March saw an increase in scams of 400% according to Action Fraud and Royal Bank is hoping that by alerting customers in advance and further raising awareness of these types of

Walker's Shortbread has announced the appointment of Norman Ross as its new finance director following the retirement of Dave Edwards. Norman Ross is currently finance director of Speymalt Whisky Distributors, better known as Gordon & MacPhail.

Keith Anderson, CEO of ScottishPower, has taken over from Edrington’s Graham Hutcheon as chair of CBI Scotland. Mr Anderson also joins the CBI chairs’ committee, the body responsible for setting and steering CBI policy at a UK level.

Sharon McDougall, part of Begbies Traynor's Scotland Debt Solutions Team, discusses how a personal debt crisis can be handled during the current COVID-19 pandemic. The coronavirus pandemic has been a testing period for workers across the country as work reduces, income halts and employees are placed

Legal aid solicitors will benefit from a 10% uplift in legal aid fees and have access to a £9 million fund to help those experiencing hardship as a result of COVID-19. Following meetings with the Law Society of Scotland, the Justice Secretary Humza Yousaf confirmed a package of further support

Shepherd and Wedderburn’s banking and finance team has reported a busy 12 months, supporting clients with a mix of strong deal volumes and advisory work, despite the ongoing challenges presented by the COVID-19 pandemic. In the year to 31 October 2020, the team advised clients, including banks

Glasgow-based fintech Guiide has secured another successful round of funding from a group of investors as the firm looks to increase its user base. The funding will help support Guiide develop more features and increase its already growing user base which continues to grow month on month. The invest

Amiqus, the Leith-headquartered software company that enables organisations to engage new clients or staff remotely, has entered the public sector after securing contracts with the Scottish Government and the NHS Business Services Authority. Founded by Callum Murray in 2015, Amiqus is already used b

Johnston Carmichael has added to its leadership team with the promotion of a new partner and seven new directors. New partner Barry Masson, based in Edinburgh, qualified as a Chartered Accountant in 2003 and joined Johnston Carmichael in 2014. He has been integral to growing the firm’s audit p