News

The new owners of Johnston Press, publisher of The Scotsman, The Yorkshire Post and the i newspapers, have this week come under pressure after the Pension Protection Fund, the UK government’s pension lifeboat, together with MPs slammed the treatment of its 5,000 pension fund members.

The Edinburgh Chamber of Commerce today announced its findings of a recent survey of members regarding the potential introduction of a Transient Visitor Levy (TVL) in Edinburgh.

UK consumers intend to spend £567 (€646) this Christmas, according to the latest findings from Deloitte’s 2018 European Christmas Survey.

The fear of rising costs – caused by inflation, business rates, staffing and online travel agency (OTA) fees – is the biggest threat facing the hotel sector in Scotland according to industry experts.

Andrew Gambier A survey of 1,000 members of the general public by the Association of Chartered Certified Accountants (ACCA) reveals auditors are expected to play a crucial role in company safeguarding.

Adrian Grace Edinburgh-based insurance firm Aegon has announced that it has strengthened its existing partnership with Atos, by announcing a 15 year contract to service and administer its Existing Business (non-platform customers).

David Ferguson Scottish independent wrap platform provider, Nucleus, has executed a long-term agreement with London-based Bravura Solutions to provide direct access to its Sonata application, the core system underpinning the Nucleus wrap platform.

The Financial Reporting Council (FRC) has commenced an investigation into the audit by Grant Thornton of the financial statements of Patisserie Holdings Plc, the holding company of beleaguered cafe retailer Patisserie Valerie for the years ended 30 September 2015, 2016 and 2017.

Jennifer Young Scottish law firm Ledingham Chalmers said today its figures for the 2017-18 financial year showed a modest increase, ahead of forecast.

David Alexander, managing director of D J Alexander More landlords will leave the private rented sector in the next year as annual rental price growth has been flat or falling since 2016, according to a study by Edinburgh-based property management firm DJ Alexander.

Caroline Gardner The Scottish Police Authority (SPA) has made progress but concerns remain about its ability to balance its budget and meet longer term strategic objectives, the Auditor General has found.

Companies that provide critical government services will have to draw up “living wills” to avoid the public having to foot the bill if another major outsourcer such as Carillion collapses.

Graeme Jones and Derek Garriock Global information services company Experian has joined Scottish Financial Enterprise as it looks to engage with new opportunities in the Scottish financial services marketplace.

David Duffy Clydesdale Bank owner CYBG posted full year 2018 results to end September 2018 today showing the lender swung to a loss over the course of the last year on the back of a £150 million charge for PPI mis-selling claims.

Nearly nine in 10 of last year’s Black Friday ‘deals’ were cheaper or the same price at other times of the year, according to an investigation carried out by consumer watchdog Which? as it warns shoppers to do their research before hitting the sales.