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James Leigh-Pemberton UK Financial Investments, the body charged with managing the UK Government’s stake in the bailed-out banks, has revealed plans to raise £25 billion by off-loading three-quarters of the taxpayer’s near-80 per cent stake in Royal Bank of Scotland over the next five years.

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L-R: Johnny Griffiths, Iain Steele and Craig Martin. Four Scottish accountants from BDO put their counting skills to different use by successfully completing the Five Peaks High Five Challenge last week to raise funds for the children’s rugby charity, Wooden Spoon.

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Reports are circulating ahead of tomorrow’s budget that the UK Government could be prepared to sell-off half of its 80 per cent stake in Royal Bank of Scotland within two years. Last month, Chancellor of the Exchequer George Osborne said The Treasury would begin drawing down its share in the Edinb

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Sporting testimonials offer a welcome chance to recognise and reward longstanding players but organisers may not realise that such events may incur tax liabilities, according to the accountants and business advisers BDO. HM Revenue & Customs (HMRC) stated in an update to their business manual in

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Finance chiefs today called for a more progressive property tax system in Scotland to improve local accountability and proposed an end to the council tax freeze. The Chartered Institute of Public Finance and Accountancy (CIPFA) and the CIPFA Directors of Finance Section said that local tax should be

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Calls have been made to reduce the tax burden on Scottish businesses after analysis by the Scottish Parliament Information Centre revealed that firms in some parts of the country are paying more than a fifth of their surplus earnings on rates bills. The data showed that the average business rates bi

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SSE worth £1.47bn to Scottish economy, says PwC report Perth-based energy giant SSE contributes around £1.47 billion to the Scottish economy anually, according to new research carried out by global accountancy firm PwC.

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John Finnie Independent MSP John Finnie has written to the chief executives of the six Highlands and Islands local authorities urging them to follow the lead of Falkirk Council and invest a portion of their pension fund in building social and affordable housing.

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A Scottish brewery which is inviting its fans to become shareholders has been criticised for not providing an appropriate level of protection for its investors. Craft beer company BrewDog is currently trying to raise £25 million in capital through its fourth release of shares — an initiative it c

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Dougal Gunn Sharp Scottish brewer Innis & Gunn has embarked on an innovative fundraising scheme that will see it attempt to raise £3 million through the sale of so-called “beer-bonds” that can be redeemed against beer at its online shop.

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James Watt and Martin Dickie Crowdfunding pioneer and Scotland’s largest independent brewer, Brewdog, has announced that it has embarked on the largest ever equity crowdfunding drive attempted in the UK in a bid to raise £25 million.

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