News

The Chancellor of the Exchequer yesterday pledged in his budget announcement that the Scottish government will receive a £350 million funding boost in a move widely perceived as an attempt to head-off the prospect of a second independence referendum.

Lindsay Gardiner By Lindsay Gardiner, regional chair for PwC in Scotland

Moira Kelly The body representing Scotland’s tax professionals has welcomed yesterday’s UK Budget announcement by the Chancellor of the Exchequer to delay the implementation of digital record keeping for businesses trading below the VAT registration threshold.

Hannah Nixon The UK will see more payment service providers, such as challenger banks, gain direct access to the interbank payments systems this year, according to a new report published today by the Payment Systems Regulator (PSR).

It is expected that the UK chancellor will today use his budget to outline plans to help ease the tax burden on the North sea oil and gas industry.

Gary McEwan Royal Bank of Scotland has extended its support for the Elevator Awards for both this year and next.

Blair Nimmo The invoice finance arm of Lloyds Banking Group is set to lose out on the more than £400,000 it is due from stricken Dundee-based offshore container manufacturer Pressurefab, according to administrators KPMG.

Business confidence in Scotland remained negative for the fourth successive quarter between 26 October 2016 and 20 January 2017, according to latest data from the Institute of Chartered Accountants in England and Wales (ICAEW)

A group of Aberdeen Asset Management apprentices who have made their mark on their workplace - and also in their community by raising over £14,000 for charity - are meeting their local MSP during Scottish Apprenticeship Week.

David McCreadie Edinburgh-based Tesco Bank has reduced the rates on a selection of its 2 year and 5 year fixed rate remortgage products to help make it easier for customers to take the next step on the property ladder.

Michael Stoneham The Scottish Government should use new borrowing powers to create an infrastructure bond to encourage private sector investment in Scotland’s transport network and other public sector projects, according to a survey by Scottish law firm Brodies.

Nicky Clemecne and John Sinclair Burness Paull has further strengthened its property team with two senior appointments.

L-R Kirsty Lawrence, Mhairi Beedie, Lauren Thomson, Holly Anderson, Raemond Jappy A third of the recipients of a bursary award established by Johnston Carmichael to support accountancy students from the University of Aberdeen, have secured jobs with the firm, it has emerged.

Fiona Morton