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KPMG is facing another investigation, this time in relation to the ethics of its work with designer fashion brand and retail giant Ted Baker. The Financial Reporting Council said it will “investigate the firm’s consideration of and compliance with ethical standards in connection with the provisi

Dougie Adams The EY Scottish ITEM Club has forecast growth in Scotland coming to a virtual standstill as a result of the oil price slump.

James Strang A new Tax Associate Director has been appointed at the Scottish firm of Grant Thornton, as the financial and business adviser implements its growth strategy in Scotland.

The number of outstanding mortgages extended under interest-only terms has fallen by almost one third over the past four years, research from the Council of Mortgage Lenders (CML) has revealed. The number of outstanding interest-only loans dropped from around 3.2m in 2012, to 2.2m last year – a de

Complaints over ‘package bank accounts’ that charge a monthly fee for ‘added benefits’ such as travel insurance – have more than doubled in the past year. The Financial Ombudsman Service reviewed over 44,000 cases in the past year – double the number of cases looked at in the previous ye

Kevin Engel Business confidence levels in Scotland have fallen into negative territory for the first time in almost a year, making them among the lowest in the UK according to the latest ICAEW/Grant Thornton UK BCM.

Tim Tookey Alliance Trust Savings has appointed Tim Tookey as chair of the Alliance Trust Savings Board.

Cat MacLean Cat MacLean, a partner at MBM Commericial, about achieving cultural change in the banking sector and understanding how a new financial system could work.

The cohort of former Royal Bank of Scotland business customers who have amalgamated to launch a class action against the still 73 per cent state-owned, bailed-out bank over its handling of businesses in distress have created a new website to appeal for witnesses.

Less than half (43 per cent) of Scotland’s SMEs have done business internationally, lagging behind the national UK average of 60 per cent and London at 76 per cent, according to new research. The data from TransferWise for Business, gathered from a survey of SMEs across the UK about their experien

Politicians have grilled PwC bosses over why the company described beleaguered British high street retailer BHS as a ‘going concern’ just days before it was sold to a consortium with no retail experience for £1. MP’s sitting on the joint business, innovation and skills and work and pensions c

M&G Investments, the UK’s second biggest retail fund manager, has announced plans to scrap upfront fees and high annual charges on their big, legacy, direct businesses. In a move that will put pressure on rivals which continue to levy, M&G said it will also stop charging all investors for

Nationwide building society, Britain's biggest customer-owned lender, has reported a 23 per cent rise in full-year pre-tax profits to £1.3bn, up from £1.04bn a year earlier. The mutual, which is the UK’s second biggest provider of home loans, also said underlying profit had increased 9 per cent

Andrew Holloway Grant Thornton has called on the Scottish Government to place the 'digital economy' at the heart of its growth priorities throughout the next term of the Scottish Parliament.

The Royal Bank of Scotland has named the next five branches to be axed from its Scottish branch network as part of the ongoing cost saving drive across the still 73 percent state-owned lender. The Edinburgh-based bank, which was bailed out at a cost of £45 billion by the UK taxpayer at the height o