News

Latest figures for the Current Account Switch Service show almost four million (3,986,630) successful switches have taken place since the service launched in 2013.

Steven Dicker New figures released today from PwC’s Skyval Index show the deficit of defined benefit (DB) pension funds stood at £420 billion at the end of July 2017, a £40 billion decrease since last month.

Edinburgh-based fund manager Walter Scott & Partners has posted modest increases in turnover and profitability for 2016.

Derek Mackay It is unacceptable that police and fire services in Scotland remain the only territorial forces in the UK unable to reclaim the VAT they incur on the purchase of goods and services, Finance Secretary Derek Mackay (pictured) said today.

Hazel Pratt The recent announcement that UK Government is to introduce a Finance Bill after the summer recess will be good news for tourism across Scotland, according to sector specialists at Scottish accountancy firm Henderson Loggie.

Russell Davidson (left) and David Hastie Glasgow-based investment firm Davidson Asset Management (DAM) has announced its merger with city neighbour Stewart Hastie Asset Management.

Quartermile 3 Three of the biggest city centre deals in the UK helped deliver a record-breaking quarter in commercial property take-up in Edinburgh, according to new industry figures.

Susan Dunlop Scotland’s food and drink industry must plan ahead to remain competitive after Brexit, warns KPMG

Ken Patullo Companies in Scotland have seen significant rises in the most serious signals of business distress since the first quarter of 2017, according to new data released today by leading business rescue and recovery specialist Begbies Traynor.

The average house price in Edinburgh on a square metre basis his tripled in 20 years to reach £2,492, the most expensive in Scotland.

Colin McLellan Thirteen Scottish-based accountants have been named among ICAS’s 35 Chartered Accountants (CAs) under 35 for 2017. For 13 days Scottish Financial News, will be profiling each of the Scottish representatives. Today we profile: Colin McLellan, 34, CFO, Skyscanner, Edinburgh.

Alliance Trust's investment portfolio has outperformed its market benchmark following a tumultuous year for the wealth manager. The results for the six months to June 30 show the trust’s equity portfolio outperformed its MSCI ACWI benchmark by 4.2 per cent in the period.

A former financial manager of the Edinburgh Festival Fringe Society has admitted embezzling almost £250,000 over seven years. Lynn Taylor, 56, pleaded guilty at Edinburgh Sheriff Court to embezzling £220,331.12 between 1 June 2008 and 13 March 2015.

Andrew Charnley Lloyds Banking Commercial Banking has appointed Simon Quin as area director for SME Global Transaction Banking (GTB) in the North East, Yorkshire and Scotland regions.

James Hamilton Thirteen Scottish-based accountants have been named among ICAS’s 35 Chartered Accountants (CAs) under 35 for 2017. For 13 days Scottish Financial News, will be profiling each of the Scottish representatives. Today we profile: James Hamilton CA, 32, Senior Manager, Ernst & Young