News

Andrew Bailey The Financial Conduct Authority (FCA) has refused to publish in full a leaked report into the scandal at RBS's Global Restructuring Group.

Statutory debt relief and debt management products overseen by Accountant in Bankruptcy (AiB) have returned £80 million to creditors in the past year, according to the Annual Report and Accounts published this week by the Agency.

Ian Donaldson Scottish companies have shown a resurgence in the amount of R&D tax relief savings being made compared to their counterparts across the rest of the UK, according to Edinburgh-based R&D tax relief specialist Jumpstart.

Keith Brown Economy Secretary Keith Brown has confirmed an interim partnership, bringing together organisations to support economic growth in the South of Scotland, will be in place by the end of 2017.

A survey of Scottish law firms’ finances has shown improving fortunes for smaller law firms.

Catherine Burnet KPMG’s 2017 recruitment drive will boost the firm’s Scottish offices after the number of apprentice hires doubled from six in 2016, to 12 this year, the firm has said.

Chris Cummings Assets under management in the UK increased by 20 per cent in 2016 to a record £6.9 trillion (£5.7trn in 2015), according to the Investment Association’s first annual Asset Management Survey since a majority of the UK voted to leave the EU.

Glasgow-based independent chartered accountants Wylie & Bisset has been celebrating after winning a charity football tournament to raise money for Radio Lollipop at the Royal Hospital for Children in the city.

With the refurbishment of 191 West George Street, NFU Mutual’s landmark office development in Glasgow city centre, making significant progress, we take a sneek peek at what it will look like when the project completes in three months time.

The Bank of England this morning said that it will again hold interest rates at 0.25 per cent but noted that higher inflation and a pick-up in growth could lead to a rate hike in "the coming months".

Frank Woods Only 12 per cent of people in Scotland have confidence in the European food chain and just 3 per cent in the global chain, fewer than one in every ten people, according to new research from commercial insurer NFU Mutual.

Hew Edgar Demand remains strong for residential properties in Scotland, but there are concerns the market is being “restricted” by the effect of the Land and Buildings Transaction Tax, the latest survey by the Royal Institute of Chartered Surveyors has found.

Graeme Hartop Edinburgh-headquartered private bank Hampden & Co has announced that it has now started lending to SIPPs, a service unusual amongst Private Banks.

Aleks Tomczyk Arum, the Edinburgh-headquartered boutique consulting business which provides independent and specialist solutions to the banking, power, water, BPO and financial services sectors, has announced record turnover for the year to the end of June.

Chris Horne Scottish accountancy firm Campbell Dallas has reported a marked increase in turnover of £14 million for the year end to May 2017, a 17 per cent uplift on 2016 (£11.9m), and over 40 per cent increase on 2012 (£9.7m).