RSM and KPMG's heads of tax in Scotland have issued predictions for the upcoming Scottish budget with the two anticipating a focus on recovery after COVID-19. Shirley McIntosh, RSM’s head of tax in Scotland, said the budget should be a 'war chest statement' ahead of the May election.
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PwC in Scotland has made eight director promotions across its assurance, tax and advisory practices, with women accounting for almost two-thirds of the new roles. Of the eight directors named by the professional services firm, five are women. PwC employs more than 1,000 people across three offices i
After an eventful start to 2021, which has already seen the completion of Brexit, new lockdown measures and the acceleration of the COVID-19 vaccination programme, experts from Johnston Carmichael, have revealed their top business predictions for the remainder of the year. They speculate that climat
Yorsipp, a specialist provider of bespoke SIPP, SSAS and 'At Retirement' pension solutions, has appointed Iain McCallum as its new technical and compliance manager. Mr McCallum is a pensions expert with over two decades of experience in the financial services industry, having served in various capac
Partners at Big Four accountancy firm PwC saw their pay decimated in the year ending 30 June 2020 as the firm sought to protect jobs and salaries during the COVID-19 pandemic. PwC's headline financial results reveal that the average distributable profit per partner was down 10% to £685,000 as
KPMG has set its sights on further growth in Aberdeen following the senior appointment of Carole Innes. Ms Innes will head up the firm’s Business Development strategy, with a particular focus on the energy sector and privately-owned companies serviced by KPMG’s growing Private Enterprise
Two leading energy industry entrepreneurs Doug Duguid and Michael Buchan have launched a family investment company which will support fledgling technology enterprises with development capital and decades of experience gained building international businesses. Indigo 7 Ventures (I7V) will have a focu
The St. James’s Place Academy has supported eight financial advisers to launch their own businesses in Scotland since the government’s lockdown measures were announced in March. With three located in Edinburgh, three in Glasgow and two in Aberdeen, the new SME owners collectively represe
Big Four accountancy firm PwC has delayed the publication of its full-year results until next year so that it can delay a decision about the size of its staff bonuses and partner profit distributions. PwC UK usually posts its financial statements for the year to the end of June, alongside its p
Over a quarter (27%) of Scots have been able to increase the amount they save since the start of coronavirus, according to new research from financial services firm Aegon.
Nikhil Rathi has been appointed as the new permanent chief executive of the Financial Conduct Authority (FCA).
Michael Walker, Scottish Friendly’s chairman, is stepping down after 11 successful years. Mr Walker was appointed chairman in January 2009 in the aftermath of the global financial crisis and has overseen the business’s dramatic growth and innovation in the years since.
Neil Mitchinson, director of Edinburgh Asset Finance, details why now is not the time for panic selling and ures that firm's let assets take some of the financial strain during the COVID-19 crisis. When the cry of “Fire!” rings out across a crowded theatre, it is a brave and level-headed
MHA Henderson Loggie has indicated that Scotland's Mergers & Acquisitions (M&A) market will return after the coronavirus lockdown measures have been reduced, but not as we know it. The financial advisory firm has said that deal flow has slowed as coronavirus emergency measures continue to im
Tools for flagging signs of poor quality audits should be used more effectively so timely corrective action can be taken, according to a major review of their use by the Financial Reporting Council (FRC). The FRC’s study looked at the most useful indicators of both poor and good audit quality
