News



Scots personal bankruptcy numbers soar 29.2 per cent year-on-year

The overall number of Scots facing insolvency in the first quarter of 2019 rose 29.2 per cent compared to the first quarter in 2018, according the latest Accountant in Bankruptcy figures released today.

Published 24 April 2019

Saffery Champness strengthens Scottish VAT team

Accountancy firm Saffery Champness has appointed a new VAT senior manager on the same day Sean McGinness is promoted to VAT partner.

Published 24 April 2019

Scottish fintech boss slams banks for failure to upgrade obsolete ATMs

Jim Tomaney, chief operating officer at Dunfermline-based Renovite Technologies has issued a stern rebuke to the UK’s biggest banks for what he says has been their failure to invest in new ATM technology in order to mitigate the effects of their wide-ranging branch culls.

Published 24 April 2019

Sharp fall in Scottish drivers opting to buy a new car

Brexit, a global slowdown, and confusion over fuel type have caused a sharp fall in the number of drivers opting to buy a new - rather than used - car in Scotland, according to new research by Close Brothers Motor Finance.

Published 24 April 2019

RBS launches £175 switcher offer

Royal Bank of Scotland has announced that it is offering £175 to new and existing customers switching their main bank account.

Published 24 April 2019

Aviva UK life boss steps down

Aviva has announced that head of UK insurance Andy Briggs has stepped down from the role as well as as a director of its board.

Published 24 April 2019

Blog: Significant VAT changes on the horizon for building & construction services

By Paul McGonigal, Tax Senior Manager at Johnston Carmichael's Inverness Office

Published 24 April 2019

Scottish tech sector in growth mode

The digital technologies sector in Scotland remains firmly in ‘growth mode’ despite fierce competition for top talent and ongoing political uncertainty, according to the latest annual industry survey conducted by ScotlandIS.

Published 24 April 2019

Estimated 550 millionaire couples in the UK could divorce this year with collective net wealth of £1.91bn

New analysis from independent wealth management company Succession Wealth has revealed that as many as 550 UK couples each with net financial wealth of £1 million or more, will divorce this year.

Published 24 April 2019

Seven FinTech firms join forces with Nationwide to address financial capability issues

Nationwide Building Society has selected seven FinTech companies to take part in its Open Banking for Good challenge.

Published 24 April 2019

And finally… money to burn

An Italian businessman had to watch €40,000 go up in smoke after his girlfriend used the oven he had stuffed with illicit cash to bake a strudel.

Published 24 April 2019

TSB to reduce opening hours at Scottish branches and close four completely

New information released by TSB has revealed the bank's plan to reduce hours at around 70 branches in Scotland, while closing two premises in Edinburgh, one in Keith and one in Aberdeen.

Published 23 April 2019

Baillie Gifford introduces equal parental leave of up to a year

Edinburgh-based global investment management partnership Baillie Gifford has introduced a new parental leave policy which offers up to 52 weeks leave to any employee becoming a parent, irrespective of gender and length of service.

Published 23 April 2019

Not having a bank account costs the UK's 'unbanked' £500 extra a year

People who do not have access to a bank account pay an extra £485 a year for everyday bills and services, it has been revealed.

Published 23 April 2019

KPMG: 41 per cent of people working in finance followed their parents into the sector

New research by KPMG has revealed that at a time when competition for talent is fierce, 65 per cent of the UK’s population would not consider taking a role in financial services, with the main reason being the perception that it is boring, and more than two out of five of those who do enter the sector are following the path of their parents before them.

Published 23 April 2019