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HSBC has announced that its profits before tax have dropped by 48% to $3.2 billion as the coronavirus pandemic wreaks havoc on the global economy.

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Scottish businesses are missing out on thousands of pounds of unclaimed tax credits, according to new figures from innovation funding consultancy Leyton. Leyton’s clients – 85% of which are SMEs – claimed an average of £78,000 in R&D tax credits last year.

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The small Italian town of Castellino del Biferno has started printing its own currency to help businesses and locals during the coronavirus pandemic. The town is located in the Molise region of southern Italy with a tiny population of just 550 residents.

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Anderson Anderson & Brown (AAB) has appointed Andy Shaw as a partner. Mr Shaw, who will be based in the firm’s Edinburgh office, will lead AAB’s public sector and not-for-profit audit business across Scotland. He will also use his expertise to work closely with the AAB

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Rosslyn McMaster, client services director at Russell & Russell steps up to participate in our Just a minute feature. Name: Rosslyn McMaster      Position:  Client Services Director

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