News

Deloitte has appointed a new partner at its Aberdeen office as the business advisory firm continues to experience significant growth in the city.  Caroline Muir has more than 20 years’ experience in advising large corporates, high growth, family-owned and private equity-backed businesses

Glasgow-based chartered accountants Wylie & Bisset has issued a timely reminder that the clock is ticking on the deadline for the first applications to the GP sustainability loan scheme. GPs in Scotland are being encouraged to apply for an interest-free secured premises loan of up to 20 per

Stirling businessman Euan Snowie has been banned from being a company director after allowing the transfer of company assets to the partnership firm of Euan Snowie Farms in order to help clear debts. Euan Fenwick Snowie (50), from Stirling, was given his disqualification order by Sheriff Mackie on F

In the same year as the catastrophic collapse of Carillion after KPMG gave the contractor’s accounts a clean bill of health, the global auditing firm has reported a significant leap in profits and corresponding average pay rise for its 635 partners. Only months after KPMG was accused by M

Scotland’s largest independent Accountancy and Business Advisory firm, Johnston Carmichael, has strengthened its leadership team in the Central Belt with two director promotions. Andrew Holloway becomes a director in the firm’s tax team, specialising in entrepreneurial tax

Aviva, Britain's biggest insurer, which employs 2,500 staff across hubs in Perth and Bishopbriggs, has submitted to mounting pressure to provide customers with a policy that does not penalise those who pay monthly. Following the claims that Aviva had been punishing loyalty, the firm has this week un

Finance secretary Derek Mackay has said he “sensed” that there is further scope to increase rates on Scots middle earners while high earners could be in line to receive the big tax cut.

TSB workers are to get a £1,500 Christmas bonuses to reward them for handling its disastrous IT meltdown this year, the bank has said. The bank is expected to report a loss this year and has yet to to resolve 66,000 out of 184,000 customer complaints lodged in the wake of a botched IT pla

UK app-based bank Monzo has announced today that is its latest crowdfunding drive has been fully subscribed after achieving a cash injection of £20 million in just over 50 hours.

Today the Financial Conduct Authority (FCA) has published findings on how mortgage lenders treat customers who have long-term mortgage arrears and provide forbearance to affected customers. The FCA had previously identified that there was a trend of increasing long-term arrears cases, whilst the num

Scotland’s national agency for the food and drink industry has made a rallying call for consumers to buy Scottish beer this Christmas as an ambitious new strategy to grow the Scottish brewing sector was unveiled today.

A customer of Royal Bank of Scotland subsidiary, NatWest, whose bank refused to refund him for the theft of £20,000 from his account while he was in hospital following a violent mugging has finally had his money back after an investigation by the BBC into the handling of his case. Th

The spike in inflation following Britain’s decision to leave the European Union has contributed to cash savers being left hundreds of pounds out of pocket, according to latest research from Scottish Friendly in conjunction with the Centre for Economics and Business Research. A combination of r

Four Latvian men operating in Scotland have been sentenced to a total of 19 years and eight months for serious and organised crime offences. Hardijs Langsteins, 37, Maris Kursis, 30, Arvids Civkors, 30, and Aivars Dzagarjans, 38, who had operated from their bases in Edinburgh, Falkirk and Manchester

Scottish business owners are missing out on tax savings and encouraging employee ownership, according to accountants and financial advisers French Duncan LLP. The firm was commenting in the week when another hotel (Priory Hotel in Beauly) utilised an employee ownership trust (EOT) to transfer owners