News

Raymond Abbott Scottish Building Society, Scotland’s only independent building society and the UK’s oldest, has appointed former Alliance Trust Equity Partners managing director Raymond Abbott as its new chairman.

Chris Hill Investment firm Hargreaves Lansdown has reported a rise in full-year net profit as it benefited from winning new clients and higher assets under management.

Philip Rodney Scottish law firm Burness Paull has affirmed its focus on building relationships with foreign jurisdictions.

Royal Bank of Scotland is to slash around 900 jobs at its London office over the next three years, according to claims made by a major union.

Shareholder rebellion among FTSE 250 firms has doubled over the course of the last 12 months as pressure intensifies to clamp down on excessive executive pay.

Keith Brown More people in Scotland are in work as the latest jobs figures show an increase in employment to a record high and a fall in inactivity.

Global accountancy giant PwC has been hit with a record £5.1 million fine for “misconduct” while carrying out the audit of RSM Tenon, a professional services firm which later entered administration when acquisitions left it stricken with heavy debts.

John Cullinane The Chartered Institute of Taxation (CIOT) has urged the UK government to act swiftly to turn the proposals in its new paper for a future customs relationship with the EU into agreed measures that will give businesses a long lead-in period before Brexit.

Scottish property investor and developer, Buccleuch Property has sold a 0.57 acre site, the last remaining plot on the City Road site in Newcastle city centre for £1.7 million.

The average price of a home in the UK went up by nearly £2,000 to £223,000 in June, according to official figures from the Office of National Statistics.

Howard Archer Consumer price inflation remained stable last month at 2.6 per cent, again keeping it below May’s peak of 2.9 per cent.

Nearly a quarter (23 per cent) of UK firms plan to hire more legal professionals in the second half of the year than the first.

Mark Pryce Mark Pryce of Campbell Dallas makes the case for a tax future without spreadsheets

Graeme Allan Aberdeen-based accountants Anderson Anderson Brown has been nominated and selected as finalists for the 2017 P&J Gold Awards in the ‘Best Employer’ category.

Andy Seaton (left), relationship manager at Bank of Scotland, and Alan Macdonald, chairman and founder of Dawn Homes. At the new site in Fairly, Ayrshire. A Glasgow-based housebuilder is set to increase its presence across Central Scotland and Ayrshire with the support of a £14 million funding pack