News

Jeremy Woolf The European Union (Withdrawal) Bill fails to meet the Government’s objective that the same rules and laws will apply on the day after leaving the EU as on the day before, the Chartered Institute of Taxation (CIOT) has said. The Institute believes that this will lead to damaging uncer

John Waterson, David O’Hara and Sandra Gilchrist KPMG in Scotland has announced a record three new partners, five director promotions, and new heads of tax, audit and consulting, following strong growth across the business.

Mark Stewart Scottish accountancy and business advisory firm Johnston Carmichael has appointed a new managing partner for its Edinburgh office as part of the firm’s continued growth plans.

Brian Souter Brian Souter and Ann Gloag, the brother and sister duo who founded transport giant Stagecoach nearly 40 years ago, have liquidated the joint investment company they also ran together, ending the collaboration.

Martin Gilbert Martin Gilbert, the founder and chief executive of Aberdeen Asset Management has been named one of the top performing chief executives in the world by the prestigious Harvard Business Review.

Jayne-Anne Gadhia spoke glowingly of the culture at her current employer, Sir Richard Branson's challenger bank, Virgin Money. Virgin Money boss Jayne-Anne Gadhia has told a committee of MPs that during her time at Royal Bank of Scotland she was approached by a female colleague who had been told she

Antonio Horta-Osario Lloyds Banking Group, which includes Edinburgh-based Bank of Scotland, has announced third quarter pre-tax profits of £1.95bn – a year-on-year increase of 141 per cent.

Royal Bank of Scotland has sold its stake in settlement house Euroclear for €275m (£245m). The deal saw InterContinental Exchange (ICE), the owner of the New York Stock Exchange, snapping up RBS’s 4pc stake.

The number of Scots entering insolvency solutions has held steady compared to a year ago, according to latest figures released by Accountant in Bankruptcy (AiB). Statistics show there were 2,472 total personal insolvencies, which include awards of bankruptcy and protected trust deeds, in the second

Almost three quarters of Scots are happy to rent a property, according to new research which has also revealed that it suits many people’s lifestyles. The report, which was undertaken by GVA and PRSim, shows that contrary to the common belief that renting is a necessary evil whilst saving for a ho

West Telferton Buccleuch Property continues to strengthen its industrial portfolio with the recent purchase of West Telferton industrial estate in Edinburgh for £2.5m, representing an initial yield of 7.2 per cent.

Ian Wright of WRI Ian Wright and Scott Milne of WRI Associates, joint administrators of Cumbernauld shopfitting business Pride Shopfitting, have announced that they have secured a buyer for the firm, saving 20 jobs.

Professor Graeme Roy The latest results from the Scottish Chambers of Commerce’s Quarterly Economic Indicator survey show optimism amongst most Scottish businesses continuing to improve during the 3nd quarter of 2017, reaching levels higher than a year ago in construction, financial and business s

Yvette Nunn The Association of Taxation Technicians (ATT) is highlighting the need for taxpayers with undeclared UK tax liabilities relating to offshore interests to settle their affairs by 30 September 2018 or face stiff penalties.