News

The rate at which the over-55s are extracting money from their pension savings could leave many at the risk of running out of money in retirement, the Association of British Insurers (ABI) has warned. ABI has said that five years on from the launch of pension freedoms, the idea of "cash today, pover

Chartered accountant Wylie & Bisset has issued a warning to charities about the risk of fraud. While the true cost of fraud to UK charities is unknown, the Fraud Advisory Panel estimates that it could be as high as £2 billion a year. According to the Office for National Statistics, there w

Aberdeen-based Infinity Partnership is supporting the next generation of accountants with its latest recruitment drive.  Emma Dykes and Jane Gordon are aiming to become Association of Chartered Certified Accountants (ACCA) qualified accountants, while Robert Gordon University graduates Suzannah

Alison Rose, chief executive of RBS, has been appointed as chair of Business in the Community’s Scotland advisory board. Mr Rose has also joined Business in the Community’s board of trustees. Ms Rose has worked at RBS for 27 years. Prior to her current role as chief executive, she was de

AIM-listed housebuilder Springfield Properties said today it remains confident of achieving growth in line with management expectations after reporting increased sales, profit and margin. Interim financial results for the six months ended 30 November 2019 revealed revenues at the Scottish developer

Digital challenger bank Revolut, chaired by Standard Life Aberdeen boss Martin Gilbert, is now valued at £4.3 billion ($5.5bn) after securing $500 million from investors.

A Scottish business leader has donated £250,000 to help fund major improvements to educational facilities at Harmeny Education Trust which supports some of Scotland’s most vulnerable children. The donor, who does not want their identity revealed, gifted the money to meet the cost of buil

Hammerson, the owner of both the Glasgow Silverburn and Aberdeen Union Square shopping centres, has seen its pre-tax losses plummet to £573.8 million in the year to December 31st.

Women's Enterprise Scotland (WES) has warned of a 'pensions time bomb' amongst the nation’s women business leaders after it's latest survey revealed that 60% were not paying into a pension and 40% of those not paying had no pension provision at all.

Skycanner, the flight comparison website founded in Edinburgh, has appointed Kris Beyens as its new chief financial officer. Before joining Skycanner, Mr Beyens held executive roles at eBay, including vice president and chief operating officer of eBay EMEA and as chief financial officer for eBay Int

An Oregon based bee-farmer has had 92 of his 400 bee hives stolen.

FinTech Alliance has announced a partnership with Fintech Scotland in a mission to bring together the strengths of the UK’s FinTech ecosystem on one all-encompassing platform, and to support the continued growth of the sector. FinTech Alliance is a digital platform uniting both the UK and the

KPMG has appointed Graeme Williams to lead its corporate finance team across central Scotland, as the company prepares for an uplift in Scottish deal activity in 2020. Joining with over 10 years' experience in working in the 'Big Four' across London and Scotland, Mr Williams will lead the team with

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.