The International Auditing & Assurance Standards Board (IAASB) has appointed the Financial Reporting Council’s (FRC) Josephine Jackson to its board. Her appointment will commence on 1 January 2020 and will be for an initial term of three years. Ms Jackson is the FRC’s technical
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HSBC is currently working with charities in the UK to help homeless people who do not have permanent or fixed addresses, or photo ID, to open bank accounts. These accounts would be managed in HSBC branches or online.
Eversheds Sutherland has appointed Alastair Frood, a financial services and commercial litigator, as litigation & disputes partner. Mr Frood, who will join the global legal practice on 6 January 2020, has over 20 years’ experience, during which time he has built a reputation as a highly-ex
The Financial Reporting Council (FRC) is planning a drastic change to rules governing company boards which will place more responsibility on directors to vouch for the integrity of their financial controls. The changes arrive in response to the scandals at Carillion, Patisserie Valerie, M&C Saat
The UK's six biggest banks and building society Nationwide are braced for today's results of the most exhaustive test of their ability to stand firm against 'Armageddon'.
Anderson Strathern Asset Management, the financial planning and investment business wholly owned by Scottish legal firm Anderson Strathern LLP, has hired Graham Clark from Adam & Company as its new chief executive. Mr Clark was a director at Adam & Company and its head of financial planning.
Scottish Financial Enterprise has bolstered its ranks with the appointment of RBS chairman in Scotland Malcolm Buchanan as board director. Mr Buchanan is chairman, Scotland for the Royal Bank of Scotland, and the bank’s managing director for corporate & commercial banking, responsible for
The world's largest bottle of single malt whisky was sold at an online Christmas auction on Sunday for £15,000. The 105.3-litre bottle of 14-year-old Tomintoul is nearly 1.5m (4.9ft) tall, weighs more than 180kg (396lbs) and would serve up about 5,250 drams.
Hostile bids made up 16% of all takeover bids for UK listed businesses last year, research from Pinsent Masons, the international law firm, has revealed. The research shows there were 12 hostile bids of a total of 77 bids for UK listed business in the last 12 months (year-end 31 October 2019).
Rural firms will benefit from £100,000 of funding from the Scottish Government to expand their businesses and improve connections with customers by creating digital communities across Scotland. The funding will be provided through Smart Village Scotland.
The success of Campbell Dallas’ pioneering apprentice and graduate trainee development programme has resulted in four long-serving staff being promoted to the partnership in the New Year. The promotions are effective 1st January 2020, and the new partner appointments are the first following a
Smith & Williamson, the financial and professional services firm, has announced its interim results for the first six months of the 2019/20 financial year, which has been a period of strong growth and continuing investment in the Group’s infrastructure. The company's operating income incre
Aberdeen Standard Investments will review its investment strategy as it comes under pressure from its exposure to shops, shopping centres and retail parks. The real estate division of Aberdeen Standard Investments (ASI) has £43 billion of assets under management, of which two-thirds are in the
Brett Lawrence, owner of the award-winning Rocca Deli in St Andrews, discusses the importance of having a trusted team of advisors supporting a business, in order to allow it to succeed and thrive. Mr Brett began working with Scott Greig, principal manager at EQ chartered accountants in 2016 when he
German Doner Kebab (GDK), part of the Hero Brands fast-casual restaurant portfolio, has continued to expand across the UK and internationally with £900,000 funding support from HSBC UK. The bank provided the Scotland-based brand owner with specialised support from HSBC UK’s franchise tea