Standard Life Investments is to stop all trail commission paid to advisers across its UK Mutual Funds range. The move has been branded “scandalous” and “obscene”, by some advisers.
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Martin Gill Business confidence in the future of the UK economy is hovering just above the long term trend, according to the latest Business Trends Report by accountants BDO.
Perth-based transport giant Stagecoach has cited spooked passengers in the wake of recent terrorist attacks as reason for “modestly” cutting its forecasts for the year running to the end of April. Shares slid 14 per cent on the news with the company saying that travellers have become wary of tra
Scotland’s jobs outlook is at its brightest since the third quarter of 2013, but employment confidence still trails the rest of the UK, according to a new study. Recruiter Manpower surveyed 2,102 UK employers, asking whether they intend to hire more workers or reduce the size of their workforce in
A online prankster has put the Forth Road Bridge up for sale on auction site ebay following Friday’s news that the link between Edinburgh and Fife will be closed for the remainder of the year.
A leading economic forecaster has revised down its forecast for economic growth in Scotland over the past year from 2.2 per cent to 1.9 per cent. The EY Scottish Item Club also warned that it expected growth in 2016 to be even lower at 1.8 per cent.
Royal Bank of Scotland has struck a deal to sell £1.63 billion of Irish real estate loans to US private equity firm Lone Star Funds and homebuilder Cairn Homes. At completion, Ulster Bank Ireland and Ulster Bank will receive about £360 million in cash at current exchange rates, a gain of about £2
Martin Gilbert Aberdeen Asset Management chief executive Martin Gilbert has sold almost £5.7 million of shares in a week that the firm’s full year results showed assets under management had shrunk by 13 per cent from £324.4bn in 2014 to £283.7bn on the back of outflows from the group’s flagsh
David Menzies The UK Government response to a call for evidence on collective redundancy consultation in insolvency situations provides little clarity on the way forward, writes David Menzies Director of Insolvency at ICAS.
The first Scottish banknote signed by a woman has now entered circulation.
Donald McNaught picks up the award for Restructuring Project of the Year with MC Rufus Hound. Scottish accountancy and business advisory firm Johnston Carmichael, has picked up two awards at the British Accountancy Awards 2015.
Susannah Simpson Chancellor George Osborne's announcement this week that most self- employed people, including landlords, would be required to update their tax information at least quarterly using their digital tax account has been met with a mixed response.
Marco Biagi A commission has been set up by Holyrood and local authorities is looking into alternatives for the Council tax in Scotland.
James Stephen BDO, administrators at Edinburgh-based wave energy company Aquamarine Power, has said the firm has been forced to stop trading after a buyer for the business could not be found.
