News

Edinburgh-based challenger bank Virgin Money has reported a sharp rise in profits for the first half of the year.

MPs have warned HM Revenue and Customs to consider the public impact of further cost cutting, in order to avoid a repeat of a recent collapse in customer service.

New figures from Accountant in Bankruptcy (AiB) show that total personal insolvencies, which include both bankruptcies and protected trust deeds, totalled 2,405 for the first quarter of 2016-17 up to 30 June 2016, a 7.8 per cent increase on the previous quarter.

Aberdeen Asset Management, a top-10 shareholder in UK’s beer giant SABMiller, has branded as “unacceptable” an increased takeover bid for the business by Anheuserbusch Inbev.

A number of small contractors could be at risk after Dunne Group entered administration last week with the loss of more than 500 jobs, Johnston Carmichael has warned.

Royal Bank of Scotland (RBS) has today issued a warning to its businesses customers that they may find themselves subject to charges on their deposits as a result of low interest rates.

Liam McArthur Scottish Liberal Democrat justice spokesman Liam McArthur MSP has today called for an urgent review of the regulation of Scottish Limited Partnerships (SLPs) after it was revealed the controversial business model was at the heart of a Ukrainian probe into organised crime arm exports.

David Philp David Philp is a member of Edinburgh-based Chiene + Tait’s entrepreneurial tax team and specialises in R&D tax relief.

Fifteen Scottish-based accountants have been named among ICAS’s 35 Chartered Accountants (CAs) under 35 for 2016.

Union Street, Aberdeen. Fears over the future of oil and gas would persuade six-in-ten of Aberdeen’s next generation workforce to consider leaving the city, according to the latest Northern Lights survey by PwC Scotland.

The volume of residential property sales north of the border rose 4.9 per cent in the first quarter of 2016-17 (April-June) compared to the same period last year, according to official statistics published today by Registers of Scotland.

Consumer confidence remained unchanged in the days that immediately followed the EU Referendum, according to the Q2 2016 Consumer Tracker from Deloitte.

Gross mortgage borrowing of £12.2 billion in June was 4 per cent higher than that recorded in June last year, according to new data from the British Bankers Association.

There has been a substantial increase in the number of powers of attorney registered in Scotland by those below the age of retirement, according to figures obtained from the Office of Public Guardian by Gillespie Macandrew.

Mark McRae Scott-Moncrieff has been appointed to provide internal audit services to Capital Credit Union, one of the largest credit unions in the UK, with more than 22,000 members and assets of more than £27 million.