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Anderson Anderson Brown (AAB) has announced the appointment of Philip McGrath as corporate finance manager in their specialist equity funding team. The accountancy firm said Mr McGrath brings significant experience supporting clients in raising Seed and Series A funding rounds across a wide ran

Thomson Cooper Accountants have revealed their role in securing a £1.6 million grant for leading music and dementia charity, Playlist for Life. The award from the National Lottery Community Fund will be used to raise awareness of the benefits of playlists, and part fund the expansion of t

The Association of Accounting Technicians (AAT) has called on Conservative party leader candidate Boris Johnson to limit his ambition to strongly raise the higher-rate income tax threshold, and warned that there are huge cost implications for various other spending commitments he has made. The propo

Proposed tax threshold changes risk Scotland being increasingly unable to attract or retain key individuals in the future, according to leading accountants and business advisors French Duncan. Under Boris Johnson’s tax proposals to raise the higher rate tax threshold to £80,000 for the r

Fife fintech company PaySend has already smashed through the crowdfunding target it set earlier this month in a capital raising round that valued the firm at £125 million. The crowdfunding campaign, launched with platform Seedrs, saw Kirkcaldy-based PaySend aim to rais

The number of interest-only mortgages fell by (13.1 per cent) in 2018 compared to the previous year, UK Finance figures published today reveal. It means the total number of pure interest-only mortgages has now fallen by over half (54 per cent) in the past seven years, from 2.5 million in 2012 to 1.2

A group of accountants and business advisors has set off on an epic cycle from Aberdeen to London, in aid of charity.

The joint administrators of Hutchinson Networks Ltd, Blair Nimmo and Alistair McAlinden of KPMG, have secured the sale of the business to PlanNet21 Communications Ltd. Edinburgh-based Hutchinson Networks was placed into administration on 13th May 2019, resulting in 94 redundancies.

Fife fintech company PaySend has been valued at £125 million in a new crowdfunding campaign that launched today with platform Seedrs. After being founded less than two years ago, Kirkcaldy-based PaySend's drive is aiming to raise £4.26 million for a 3.3 per cent stake in the co

Unique events are taking place in Edinburgh and Glasgow this week to help legal, accounting and banking professionals in the cities and wider regions to offer clients information and advice on employee ownership. The Law Society of Scotland, Institute of Chartered Accountants Scotland (ICAS) and Co-

The price of a standard ticket to attend the cinema in Japan has remained the same for over a quarter of a century but will now finally be increased.

Leading shareholders in Amazon, such as Edinburgh-based Baillie Gifford and Aberdeen Standard Investments, have been called upon by trade unions to use their influence in order to fight for better working conditions for the online retail giant’s employees. According to reports, Baillie Gifford

The next phase of funding for the CashBack for Communities scheme will take total investment in the programme to almost £110 million since it began in 2008. The scheme reinvests criminal assets into community projects which support young people into positive destinations, diverting s

Metro Bank has been forced to reassure customers their money is safe, acting quickly to quash what it described as false rumours on social media about its financial health. It said plans to raise £350m from investors to shore up its finances were “well advanced”. The bank, whi

Three executives at Metro bank have had their bonuses frozen as an investigation over accounting errors at the lender rumbles on. Shares worth about £480,000 had been due to chief executive Craig Donaldson, and about £250,000 each for finance director David Arden and his predecessor