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Financial advisers, accountants, lawyers and consultants who run tax avoidance schemes for their clients could be hit with huge penalties in the form of the underpaid tax, according to new government proposals.

The decision by the City of London Police to use private sector law firms to seize the assets of fraudsters is a vital step forward to prevent law enforcement agencies being drowned by the growing scale of fraud says international law firm Pinsent Masons.

Ross McEwan Royal Bank of Scotland chief executive Ross McEwan has confirmed that the Edinburgh-based bank would still move its registered headquarters south of the border should Scotland vote to leave the UK in a post-Brexit independence referendum.

Derek MacKay Scotland has asked the UK government to reform laws allowing for a Scottish business vehicle to be used for tax evasion. Finance Secretary Derek Mackay has asked UK ministers to change the law so that criminals who use Scottish Limited Partnerships may be exposed while preserving the ve

The Start Up Loans Company (SULCo), the UK Government-backed investment company, has injected more than £10 million into Scottish start-up businesses since its launch in 2014, according to new figures.

Antonio Horta-Osario Edinburgh-based Lloyds Bank, the parent of Bank of Scotland, has been forced to defend its married Portuguese chief executive over claims that he ran up thousands of pounds in expenses on a luxury hotel bill while on a trip with an alleged lover.

The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies increased by £10 billion in just five days, from £139 billion at the end of July to £149 billion on 4 August, following the MPC vote to cut the Bank Rate from 0.5 per cent to 0.25 per cent.

Edinburgh-based Standard Life Investments saw wholesale net outflows of £400 million representing 2 per cent of AUM standing at £47.3 billion, according to its half year results published today.

ICAS has announced a new sponsorship arrangement with Royal Bank of Scotland that will see RBS become a partner for the ICAS Practice Community.

The Scottish Loan Fund and Maven Capital Partners have exited its investment in Cumbernauld-based manufacturer and supplier of furniture, presentation products, toys and activity equipment for the education sector, Spaceright.

https://vimeo.com/175807056 Irreverent Scottish brewer and crowdfuning pioneer, BrewDog is again taking matters into its own hands in its efforts to conquer America.

BDO, the liquidators of the original incarnation of Glasgow football club, Rangers, has revealed that the cost of the liquidation process of the club has risen by almost £2.2 million since April last year, hitting the overall amount that can be made available to its creditors.

New figures released by Debt Advisory Centre show that just over 1 million adults in Scotland think that they have a debt problem. Of those, nearly three quarters say that they worry about their debt all or most of the time, with their mental wellbeing the most affected area.

Devan Kaloo Devan Kaloo, head of global emerging markets at Aberdeen Asset Management, offers his current views on the outlook for emerging markets.

The accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies has increased from £119 billion on 30 June 2016 to £139 billion at the end of July, according to latest data.