News

Roy Smith Tilney Bestinvest, the investment and financial planning group, has announced that Roy Smith has joined the firm as director of financial planning as part of its strategic focus on expanding its financial planning team.

A new survey carried out by Edinburgh-based banking giant Lloyds Banking Group has revealed confidence levels among those paying off unsecured debt remain high, with four in five (83 per cent) of respondents feeling confident or very confident that they will meet their future repayments. The lenderâ

Accountants Baker Tilly are warning Scottish companies that import goods into the UK to prepare themselves for new customs duty arrangements which come into force next year. From 1 May 2016, the current regime will be replaced by the new European Union Customs Code.

Latest figures released today to by the Scottish Government show the value of retail sales in Scotland during the second quarter of 2015 increased by 0.8 per cent over the period between April and July.

David Frost Scotch whisky exports to Vietnam could be boosted after the European Union reached a deal in principle over a free trade agreement (FTA) with the south east Asian country.

Aberdeen Asset Management has bought US fund investor Arden Asset Management, a provider of hedge fund solutions with offices in New York and London. The deal, for an undisclosed sum, will boost Aberdeen’s hedge fund unit's assets from $2 billion to $11 billion and is in line with Aberdeen’s str

Glasgow-based Clydesdale Bank and sister brand Yorkshire have this week launched their lowest ever loan rates. Clydesdale said new and existing customers can now take an unsecured personal loan of between £7,500 and £15,000 with a rate of 3.8 per cent APR.

A secretary who embezzled thousands of pounds from an Aberdeen building firm will have to wait until later this month to learn her fate. Jacqueline Singer embezzled almost £39,500 while she was working for Builders and Joiners Ltd, based in Bucksburn, the Press and Journal has reported.

Shona Austin Bank of Scotland has today announced the 12-month secondment of senior banking manager Shona Austin from SME banking, Glasgow to Highlands and Islands Enterprise (HIE) as the two organisations look to collaborate on fostering sustainable economic growth in Scotland.

Eileen Blackburn Eileen Blackburn is partner and head of Business Recovery at French Duncan, and chair of R3’s Scottish Technical Committee

Accountants BDO have issued a warning to individuals that the taxman is targeting hidden earnings and income through its use of a new computer program which gives it access to databases of personal financial information. HM Revenue and Customs (HMRC) is utilising a program called ‘Connect’ to lo

Gemma Spiers Scottish accountancy firm Johnston Carmichael has announced the appointment of a new marketing director.

Edinburgh-based Standard Life Investments has reported that assets under management have hit £250 billion from £245.9 billion at the end of 2014 on the back of its recent acquisition of Ignis. Flows into SLI’s multi-asset products were also up during the first half of the year as the firm delive

The UK Government has been forced to defend its decision to begin the sell-off of its 80 per cent stake in bailed-out Royal Bank of Scotland for a loss of £1 billion. Overnight the government announced that it had sold 5.4 per cent of its near 80 per cent stake in the Edinburgh-based lender at 330p

Mick Campbell Mick Campbell is director of risk and regulation at Deloitte in Scotland and Northern Ireland