News

The beleaguered high street department store chain House of Fraser has today been rescued at the eleventh hour by controversial industry figure Mike Ashley's Sports Direct empire in a £90 million deal.

David Flint and Rebecca Henderson On 18 July the EU Commission handed Google a record fine of £3.8bn (€4.34bn) for abuse of its dominant position in relation to the Android operating system. David Flint and Rebecca Henderson of MacRoberts explain why the tech giant incurred the Commission's wrath

Alison Thewliss The SNP has called for the reform and devolution of inheritance tax following reports IHT raised a record £5.2 billion in 2017-18.

Liz Cameron UK GDP grew by 0.4 per cent in the second quarter, driven mainly by growth in services, and a positive contribution from construction.

This month sees a team of four accountants from William Duncan + Co undertake a gruelling “500 miles in 5 days” cycling challenge, from John o’Groats, along the north, and down the west coasts, via Skye and Arran to Ayr.

Katrina Lumsdaine Scottish insolvency practitioners may be able to use a decision of the Supreme Court in an English case on time limit in support of bringing claims against company directors, even if the claims are over five years old and, on the face it of it, are out of time, writes Katrina Lumsd

Paul Dounis The joint provisional liquidators of family-owned bakery Aulds have closed a further four stores to reduce trading losses as they seek a buyer for the remaining business and assets of the company's retail arm.

Steven Fyfe Investment into Scottish hotels in the first half of 2018 reached £389.67 million, according to international real estate advisor Savills, doubling the total annual investment volumes recorded in 2017 (£195 million).

Moray Chamber of Commerce, in cooperation with Brightwork, the Glasgow, Edinburgh and most recently Elgin-based recruitment agency, is continuing its fight against modern slavery with the latest in a series of events targeting it, to be held in Elgin on Thursday 16 August.

John Schorah Law firm Weightmans LLP has reported increased turnover and a drop in profits in the latest financial year.

Steven Cameron The majority of people now working in the UK would prefer to take a flexible approach to retirement, rather than stopping work at state pension age, Edinburgh-based insurance firm Aegon UK has reported.

Agnew Stewart Movement in Edinburgh accounted for just under a quarter of all office investment activity in the UK regions from April-June this year, new research has revealed.

Peter Manson (centre) receives the Caithness Glass Trophy with Morag Matson - the programme lead for the Accounting and Finance course at RGU, and John Black of AAB Independent firm of Chartered Accountants & Business Advisors Anderson Anderson & Brown, sponsors of the Robert Gordon Universi

Simon Rubinsohn Latest figures have revealed a continuing shift in Scotland's Buy-to-Let market in the wake of tax changes which are still in the process of being implemented, as smaller scale landlords exit the sector, the Royal Institute of Chartered Surveyors has reported.

Deborah Newberry The UK risks a nightmare ‘no deal’ scenario if political progress cannot be made, says global law firm Kennedys in its latest insurance industry report, which identifies six post-Brexit requirements for the market to secure following the announcement of the implementation period