News

Better broadband connection has lead to fraud in the Scottish islands soaring by 700 per cent as people hitherto out-of-reach begin falling victim to cyber criminals for the first time. Police cited increased internet connectivity as they published figures showing fraud rising in areas where it

Highlands and Islands Enterprise (HIE) has reached agreement with the joint administrators, Blair Milne and Derek Forsyth, partners with Campbell Dallas, to acquire the business and assets of Cairngorm Estate. HIE had leased the resort to operator Cairngorm Mountain Limited (CML), which went in

Johnston Carmichael, Scotland’s largest independent firm of chartered accountants and business advisers, has reported a four per cent growth in turnover after generating revenues of £45.5 million in the financial year ended 31 May 2018. The firm, which was founded over 80 years ago

Anderson Strathern has announced a six per cent increase in turnover to £22.8 million and a 10 per cent rise in profits in the year ending 31 August 2018.

Glasgow mobile phone boss will start his 10-year ban on Christmas Day after submitting false documents, while securing personal gains of thousands of pounds. Fersun Limited was incorporated in March 2011 and this was the first company operated by Songnan Sun (32) having researched the market for two

The Bank of England is to reduce the amount its top officials can claim on expenses after a near £400,000 bill for travel and flights was run up by just two bosses. The scandal has led to the central bank publishing its travel and expenses policy to the public for the first time.

The Financial Conduct Authority (FCA) has today published new rules allowing victims of Authorised Push Payment (APP) fraud to complain to the payment services provider (PSP) receiving their payment.

Scottish gin producer, Pickering’s Gin, is exporting its popular gin-filled baubles to the USA for the first time after securing a seven-figure funding package from HSBC UK. The funding has enabled Pickering’s to make increased numbers of gin baubles ahead of the holiday season, in respo

Glasgow-based chartered accountants Wylie & Bisset has said that the reintroduction of preferred creditor status for HMRC in insolvencies is a regressive ‘stealth tax’ that will ultimately be paid for by SMEs and is simply another way of raising revenue for the government. Prefe

Finance Secretary Derek Mackay's decision to freeze the threshold for the higher rate of income tax at £43,430 with the effect of widening the so-called "tax gap" with the rest of the UK, could put some people off coming to work in Scotland, the Scottish Fiscal Commission has said. W

Martin Gilbert and Keith Skeoch, the co-chief executives of Edinburgh-based Standard Life Aberdeen, have both upped their stake in the financial giant this week. Stock exchange announcements shows Mr Gilbert purchased 50,000 shares in the company at 237.7p a share yesterday, while Mr Skeoch purchase

Media company STV Group PLC has announced the appointment of Lindsay Dixon to join the board as chief financial officer with effect from the second quarter of 2019. Ms Dixon will join the company from her current role at distillers William Grant & Sons Ltd where she covers the position of group

Edinburgh-based Edinburgh Worldwide Investment Trust has today said it will not pay a dividend this year after publishing results for the year to 31 October showing its net asset value per share increased by 14.9 per cent and the share price by 19.0 per cent over the period. The performance stands f

Scotland’s leading economists are predicting steady growth in the event of an agreed Brexit deal, but urged that focus must remain on developing a growth strategy which boosts productivity, regardless of the outcome of political negotiations, says KPMG. Fraser of Allander’s latest econom

Tim Wishart, head of Scotland and the North of England at Psigma Investment Management, makes the case for investors to hold their nerve in uncertain times