News

Aberdeen Asset Management has extended the 24 hours suspension in trading on its £3.2 billion UK property fund initiated on Wednesday, saying it has now pushed back the deadline of the hiatus until midday on Monday. Aberdeen has introduced the suspension on Wednesday at the same time as imposing a

Declan Hourican Edinburgh-based Tesco Bank has announced the appointment of Declan Hourican as its new chief financial officer.

Roger Cotton, a partner at Brodies, writes about the effect Brexit might have on the way the spending of public money is regulated. One way in which EU law seeks to preserve open trade between Member States is by regulating the way in which public money is spent.

Companies in Scotland will see their pension liabilities increase by £15bn, according to a half year report on the health of pension schemes by PwC’s pensions practice. The Skyval Index that looks at the health of defined benefit pension schemes shows the deficits that companies disclose in their

Fifteen Scottish-based accountants have been named among ICAS’s 35 Chartered Accountants (CAs) under 35 for 2016. The global body of finance professionals said the list, which includes entries spanning six continents, recognises “the best and brightest Chartered Accountants who are making a diff

Standard and Poor’s (S&P) has downgraded its credit rating for Glasgow-based housing, care and property giant Wheatley Group just weeks after upgrading it. The International ratings agency cited the “increasing political uncertainty” which has followed the UK’s decision to leave the EU f

Entrepreneurial Scotland, in association with Deloitte, has today opened nominations for its annual Entrepreneur of the Year Awards. Celebrating Scotland’s top entrepreneurial talent, the event focuses on two awards – ‘Entrepreneur of the Year’ and ‘Emerging Entrepreneur of the Year’ –

The Scottish Chambers of Commerce, Federation of Small Businesses, Scottish Financial Enterprise, Scottish Council for Development & Industry, Confederation of British Industry and Institute of Directors have collectively set out the most pressing issues they feel must be tackled if Scottish bus

Brian Williamson Edinburgh-headquartered Jumpstart, the specialist Research and Development (R&D) tax relief firm, has announced the opening of a new office in Slough.

Over half of Scottish farmers surveyed by Johnston Carmichael are pessimistic about the outlook for 2016 and beyond, in contrast to the accountancy firm’s 2015 survey which revealed a broadly upbeat mood. Of the farm businesses who responded to the questionnaire, 69 per cent highlight output price

Aberdeen Asset Management has imposed a 17 per cent exit fee on the UK property funds in which it has suspended trading in the wake of the UK’s vote to leave the European Union. The news came in an announcement by the investment firm in an update on its Aberdeen UK Property Fund and Aberdeen UK Pr

Karen Briggs KPMG in the UK has appointed Karen Briggs, one of its most senior partners, to the newly created role of Head of Brexit following the outcome of the UK’s decision to leave the EU.

Wealth management and pension specialist Mattioli Woods, which has offices in Aberdeen and Glasgow, has said that it is expecting an increase in business as companies and employees seek its advice in the wake of the Brexit vote. The Leicester-based firm, which has ore than 400 employees looking afte

ESPC’s first house price report since the EU referendum has reveled an almost immediate shock to the housing market in east central Scotland as the number of people bringing their home to market stalled. The report, covering the three month period from April to June 2016, has shown that just as th

The Scottish Government’s decision to launch an EU business advice hub has been welcomed by the Federation of Small Businesses (FSB) in Scotland as the industry body renewed its call for Scottish Ministers to help and listen to firms. Speaking at a special summit at Bute House in Edinburgh yesterd