News

A major BBC investigation has uncovered allegations of systematic fraud in RBS's Global Restructuring Group (GRG) division in the years following the financial crisis. Former employee Mark Wright told the BBC that falsifying files was "common practice" and that he was aware of telephone transcripts

Scotland's trade deficit grew in the third quarter of 2016 to £3.001 billion, according to new government figures - and economists warn it is set to grow further. Exports growth of £1.09 billion in the first nine months of 2016 was outstripped by a £1.2 billion increase into the value of imports.

Peter Dylewski New measures to crackdown on abuse of a VAT simplification scheme may be ineffective and have unwelcome consequences for tax-compliant small businesses, the Chartered Institute of Taxation (CIOT) has warned.

Stuart Lucas, Co-CEO of Asset Match UK shareholders are frustrated by a lack of communication and transparency from the businesses they have invested in, according to research by peer-to-peer trading platform Asset Match.

The typical UK household spends a staggering £1.9m over the course of a lifetime, according to a new report financial planning and investment management group Tilney. Tilney's report, The Cost of Tomorrow, analyses Office of National Statistics (ONS) data and finds that the average adult will hit t

Nearly two-thirds of staff at accountancy firm EY's Inverness office face redundancy, The Press and Journal reports.

The Financial Reporting Council (FRC) has announced plans for a fundamental review of the UK Corporate Governance Code. The review will take account of work done by the FRC on corporate culture and succession planning, and the issues raised in the Government’s Green Paper on Corporate Governance R

Britain's largest mortgage lender, Lloyds Banking Group, is reportedly on course to turn its Berlin branch which operates under its Bank of Scotland brand into an EU subsidiary in an attempt to safeguard its access to European business after Brexit.

January saw Scottish retail sales decline by 3.2 per cent on a like-for-like basis compared to January 2016, when they had decreased by 4.0 per cent per cent, according to latest data from the Scottish Retail Consortium.

A prominent business event celebrates a special anniversary this year, thanks to the loyal support of the business community.

Andrew Dunlop More than 350 employers have been named and shamed after the UK Government published its largest ever list of national minimum and living wage offenders.

Ian McPherson Aberdeen-based accountants Anderson Anderson Brown have appointed Ian McPherson as their new head of upstream oil & gas services.

Fraser Nicol As part of a significant investment in its business technology consulting (BTC) practice, business advisers and accountants Scott-Moncrieff has appointed Fraser Nicol as partner to lead the BTC team.

Scotland’s employment level increased by 8,000 over the final quarter of 2016 to 2,611,000 and there are now 47,000 more people in employment compared to the pre-recession peak, according to latest official figures.