News

Amidst £500 million in public spending cuts, the Institute of Chartered Accountants of Scotland (ICAS) has urged the Scottish Government to prioritise long-term financial planning, simplify the tax system, and standardise access to apprenticeships across the UK. ICAS also urged the government

The UK government has abandoned plans to introduce a 'British ISA', a new type of Individual Savings Account that would have exclusively channelled savers' money into UK-listed stocks. Concerns arose that this new product would further complicate the investment market for individuals.

Professional services network Forvis Mazars has appointed Craig Maxwell as its first dedicated office managing partner (OMP) in Glasgow. As OMP, Mr Maxwell will be responsible for developing the firm’s business strategy in Glasgow and oversee its local team of 96 professionals. This team advis

Two fezzes which are believed to have belonged to comedian Tommy Cooper are set to go up for auction.

The UK's Payment Systems Regulator (PSR) is proposing to lower the maximum amount banks must refund victims of authorised push payment (APP) fraud from £415,000 to £85,000. The regulator is currently consulting on this change, having reviewed data on high-value APP scams, which

Scottish renewable energy projects with a joint capacity to generate almost 2GW of clean electricity have today won contracts in a vital UK auction.

Abrdn UK Smaller Companies Growth Trust plc has announced its annual results for the year ended 30 June 2024, showcasing a strong performance with a net asset value total return of 18.1%. This significantly outpaced the reference index's total return of 10.0%.

In a move set to benefit younger and less wealthy investors, HM Revenue & Customs (HMRC) has reversed its position on fractional shares in Individual Savings Accounts (ISAs).

Several of the UK's largest mortgage lenders have significantly reduced interest rates this week, with some deals now available for under 4%, according to Moneyfacts. The move comes after the Bank of England recently cut its base rate to 5%.

Acre, a mortgage intermediaries platform, is launching a Scottish conveyancing panel with Smoove. The collaboration between Acre and conveyancing platform Smoove will give brokers and homeowners access to a panel of 10 firms.

It has been revealed that Aberdeen is set to become the headquarters for the UK government's new publicly-owned energy company, GB Energy. Sources close to the government have confirmed the news, although an official announcement from the Department for Energy Security and Net Zero is still pending,

The Financial Conduct Authority (FCA) has called on banks and other financial institutions to enhance their efforts in aiding individuals struggling to obtain a bank account.

Scotland’s hotel industry enjoyed another strong month in July as better weather and summer holidays boosted occupancy and profitability, according to the RSM Hotels Tracker. The data, which is compiled and produced by Hotstats and analysed by RSM UK, shows occupancy of Scottish hotels rose fr

The Legal Services Agency in Glasgow is going from strength to strength after having secured a £50,000 funding package from responsible finance provider Social Investment Scotland (SIS). The charity has recently moved to a new office at 140 Sauchiehall Street, where the team of 31 are now base

Scotland's Finance Secretary Shona Robison has unveiled plans for up to £500 million in spending cuts to balance the Scottish government's budget amid "enormous and growing" financial pressure. Ms Robison told parliament that this fiscal year Scotland is projected to face an additional £