News

A new review has been launched into claims by two businessmen that the Royal Bank of Scotland (RBS) nearly drove them to bankruptcy. The allegations, which have been staunchly denied by RBS focus on the bank's now-inoperative Global Restructuring Group (GRG), which was found to have mistreated thous

HMRC is homing in on inheritance tax avoidance by wealthy families through the creation of a secret unit which will investigate the ways in which investment companies are used to reduce bills.

Wellbeing charity retailTRUST has launched the new phase of its Newton Mearns retirement homes development thanks to a £5 million funding package from Bank of Scotland. The new homes officially opened on 20 February 2020 at the Hugh Fraser Retirement Estate, formerly the Crookfur estate.

Healthcare tech company Craneware has appointed David Kemp, the chief financial officer of Aberdeen oil services company Wood Group, to its board. Mr Kemp has been appointed to the board as an independent non-executive director and will join on March 1st this year.

Brodies LLP has advised on a number of major hotel deals in Scotland in the last three months' worth over £170 million, coinciding with the appointment of industry specialist Bob Asher. Brodies advised Great Century, which is a partner of Hong Kong property firm Lai Sun Group, on the purc

Ardfin Estate on the Hebridean island of Jura is to be home to a new multi-million-pound golfing estate.

Denmark's largest bank, Danske Bank, will introduce negative interest rates for a selection of private customers from June 1st this year. The terms of the negative interest rate will depend upon whether the customer uses Danske Bank for their primary personal bank account – which in the Danish

Sandy Findlay, partnership director at Edinburgh-headquartered innovation advisors ABGI UK, has been appointed to the National Aerospace Technology Exploitation Programme (NATEP) Scotland Proposal Review Panel (PRP). NATEP Scotland PRP supports Scottish aerospace businesses, to encourage collaborati

New York-headquartered bank JP Morgan Chase is set to emerge into the UK personal banking market. The bank is preparing to launch a range of savings and loan products within the new few months in a move which will disrupt the already fiercely competitive UK consumer banking market.

One in five small businesses could close or radically change their business model due to difficulties in recruiting EU workers, according to new research from the Federation of Small Businesses (FSB) in Scotland. FSB’s new study, published today, also sets out a four-point plan to make the imm

Commercial property firm HFD has sold the Reynolds Building at Scottish Enterprise Technology Park in East Kilbride to Glyn Watkin Jones 1999 Hybrid Settlement Trust in a £3.75 million deal. The sale comes around 18 months post-completion of the base build of the 20,000 sq. ft., high-specifica

Workers in ski resorts across France have called for a new day of protests as part of their continuous dispute with the French Government over reforms to the unemployment benefits system.

Jim McMahon, tax manager at Balfour+Manson, discusses the upcoming changes in residential property sales which will impact Capital Gains Tax liability. Whilst significant changes to Capital Gains Tax are rare, April 2020 will see several changes brought in which will affect those disposing of reside

Royal Bank of Scotland (RBS) has announced a series of measures to help support personal and business customers who have been affected by the serious flooding across Scotland. Personal customers could see their mortgage and loan repayments deferred for up to three months and businesses could enjoy l

Holyrood’s Finance and Constitution Committee has called upon the Scottish Government to adopt a more strategic approach to budgetary management.