News

The value of the taxpayer's stake in BiFab fabrication yards has been cut by a dramatic £13 million.

Two Scottish digital archiving businesses have joined forces to disrupt the global film digitisation industry and take advantage of a growing international market, thanks to investment from the investment syndicate Kelvin Capital and the Scottish Investment bank, the investment arm of Scot

Scottish tax expert Kirsty Paton has been appointed to a new Enterprise Investment Scheme Association (EISA) Women in Venture Capital working group. As an entrepreneurial tax specialist at accountants Chiene + Tait (C+T), Ms Paton has been appointed to a newly formed committee aimed at inc

On 9 December 2019, the senior managers and certification regime (SMCR) will come into force for all Financial Conduct Authority (FCA)-regulated asset management firms, replacing the old approved persons regime. Sarah Leslie tells practitioners what they need to know. Final policy statement

The UK state pension age should be increased to 75 by 2035, an influential think tank linked to the Conservatives has said. The right-wing Centre for Social Justice (CSJ), set up by former Conservative leader and work and pensions secretary Iain Duncan Smith, said the UK is "not responding to the ne

Revised plans are in the pipeline for a new neighbourhood on the site of the former Royal Bank of Scotland offices in Edinburgh’s New Town. Real estate firm Orion Capital, the new owner of the building and the 5.9-acre site in Dundas Street, is working with property company Ediston on a planni

A tourist tax in the Highlands could raise up up to £10 million per year for the region, according to council officials. 

Resonance Capital founder Angela Higgins has been shortlisted as a finalist in the Business Woman of the Year category in the third Scottish Women's Awards 2019.  The Scottish Women's Awards 2019, now in their third year, recognise and celebrate Scottish female talent. They provi

Accountants from Johnston Carmichael have raised more than £9,000 for charities across Scotland after taking part in yesterday’s Kiltwalk in Dundee.

Blenheim Palace has installed a £1 million 18-carat gold toilet for visitors which is due to go on display in September.

Deloitte has been dragged into a long-running scandal after being reported to the Financial Reporting Council (FRC) by former client Elfed Thomas, co-founder of now-defunct telecoms company H20 Networks for failing to spot a £160m fraud at a collapsed telecoms firm. Thomas reported H20’s

It has been a depressing 24 hours for still 60 per cent state-owned Royal Bank of Scotland after it was again dead last in an official study ranking UK high street banks for customer service, and two key brokers lowered their forecasts for the lender’s prospects, sending its share price tumbli

The Scottish Government has reached an agreement with Deloitte, administrators of the Ferguson Marine shipyard in Port Glasgow, to take the facility into public control. The government said the agreement will enable completion of the two ferries being built there for Caledonian Maritime Assets

Following contested proceedings, the Upper Tribunal has found that Andrew Tinney, the former Chief Operating Officer (COO) of Barclays Wealth and Investment Management (Barclays Wealth), breached his obligation as an approved person to act with integrity. In March 2012, Mr Tinney received a document

Construction contractors who don’t prepare for major VAT changes could face a host of financial difficulties from cashflow problems to reduced profit. That is the warning from one of the UK’s top VAT experts, Nigel Roberts, Head of VAT and Duty at accountancy and business advis