A scheme aimed at encouraging SMEs to switch from Royal Bank of Scotland to other lenders has been extended to help struggling firms during the coronavirus pandemic. The deadline for the Incentivised Switching Scheme (ISS) has been extended to the end of February 2021, whilst a further 200,000
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Finance secretary Kate Forbes has formally requested new powers to help Scotland meet “the significant economic and fiscal challenges” of coronavirus. Writing to the Chief Secretary to the Treasury, she details the temporary changes being sought by the Scottish Government.
The Financial Conduct Authority (FCA) is seeking views on establishing a new prudential regime for UK investment firms.
Saffery Champness is reminding rural businesses that the VAT payment holiday, which ran from March 21 because of the COVID-19 crisis, ends on June 30. No further extension to the scheme, which has allowed VAT payments to be deferred until March 31, is expected.However, it is expected that there will
Charlotte Edwards, global employment taxes senior manager and head of IR35 at Anderson Anderson & Brown (AAB), discusses the needs for films to plan for the IR35 changes coming into place in 2021. With less than a year until IR35 reform arrives in the private sector, companies must be
A new taskforce created to drive forward the recovery of Scotland’s vital tourism sector is to meet for the first time. The Scottish Tourism Recovery Taskforce (STRT) is made up of more than 30 businesses with experience from across the industry. It is co-chaired by tourism secretary Fergus Ew
The Peter Vardy Group is preparing to open its dealerships across the UK, having completed an extensive coronavirus Health & Safety programme to ensure they are safe places to work and buy.
The Royal Bank of Scotland is launching a new apprenticeship programme at its digital and innovation unit for 16 to 24-year-olds. The Scottish posts, which will be based in Edinburgh, are aimed at young people from disadvantaged or under-represented backgrounds who are looking to develop their digit
Martyn Paterson, financial planner at AAB Wealth, discusses the intricacies of ESG investing. June 5 2020, marked World Environment Day, with World Oceans Day, National Bike Week, and World Day to Combat Desertification and Drought all taking place in the same month. What can they teach us about how
Aviva Investors, a subsidiary of Perth-based insurance giants Aviva has announced plans to redevelop a 1970s office block in Edinburgh's Haymarket. The Rosebery House office block is to be completely demolished and rebuilt into a 'landmark' development with the potential to house over 1,500 office w
A brand new Lamborghini has been written off after it crashed on a motorway just twenty minutes after it was purchased in West Yorkshire.
Veteran fund manager Harry Nimmo been appointed co-manager of the £1 billion Aberdeen Standard Investments Global Smaller Companies fund which he helped create in 2012. Mr Nimmo replaces Alan Rowsell, investment director, who has resigned from the fund along with investment analyst Imogen Harr
KPMG’s Aberdeen team has completed the first stage of its relocation to the multi-million pound Marischal Square development in Aberdeen.
In the face of unprecedented health and economic disruption caused by the COVID-19 pandemic, millennials and Gen Zs express resolve and a vision to build a better future, according to a new survey by Deloitte.
The growing international role of Scotland’s fintech cluster was given a further significant boost today with the announcement of £22.5 million innovation funding for the Global Open Finance Centre of Excellence (GOFCoE) to be established in Edinburgh and the Central region. The news was