News

Around one in 10 people planning to retire this year expect to withdraw their entire pension savings as one lump sum, risking a potential tax bill shock and their future retirement income, new research from Prudential’s Class of 2018 has revealed.

The number of people moving home in Scotland has returned to levels seen in 2016 following a brief growth spell last year, with only 15,300 current homeowners moving home in the first half of 2018 according to Bank of Scotland’s Homemover Review.

Bruce Cartwright Controlling costs is currently the biggest worry for finance chiefs, according to a new survey of finance directors and CFOs by accountancy body ICAS.

Turcan Connell is more than doubling the size of its Glasgow office due to rising client demand in the city.

Fergus McDiarmid Morton Fraser has been named as a provider of legal services in Scotland for Curtis Banks, the UK’s largest provider of self-invested personal pensions (SIPP).

The UK government has announced that it will make an annual payment to thousands of military personnel based in Scotland to make up the difference on their income tax bill that has resulted from recent tax changes north of the border.

Demand for banking & insurance professionals in Scotland rose by 24 per cent year-on-year to June 2018, according to research from the Association of Professional Staffing Companies (APSCo).

Neil Amner The latest Scottish Chambers of Commerce Quarterly Economic Indicator survey has reported Scottish businesses displaying continued resilience, however, in an uncertain policy and business environment, the results show that expectations are weakening in some sectors.

Much of the Scotland's commercial property retail sector is under pressure, as contributors expect occupier demand to fall further, according to the Q2 2018 RICS UK Commercial Property Market survey.

Ewan MacDonald-Russell The Scottish Government has said £10 million will be invested to extend the Flexible Workforce Development Fund pilot in a move that it says is aimed to ensure the nation's workforce has the skills and training required to meet the changing needs of employers.

Employees and directors at Balhousie Glazing in Perth A Perth-based company specialising in the delivery of glazing projects has joined the growing number of employee-owned businesses in Scotland, with 12 staff becoming owners.

A team of Scottish school girls will represent the UK at an international STEM (Science, Technology, Engineering and Maths) event based on Formula 1 (F1) racing thanks in part to support from Edinburgh-based R&D tax relief specialist Jumpstart.

Eliminating plastic cups and bottles, reducing the number of plastic bin liners and using caterers with compostable plastics are just some of the ways Glasgow Chamber of Commerce is asking businesses to commit to a plastic free office.

Plans for a £200 million expansion of the Union Square shopping centre in Aberdeen have been given the green light.

Four senior members from accountancy firm William Duncan’s senior management team are to undertake arguably their most challenging fundraiser to date when they attempt to cycle 500 miles in 5 days from John o'Groats to Ayr via Skye and Arran next month.