News

Aberdeen Group, the Edinburgh-based investment manager, has posted a strong first half with its DIY platform, interactive investor, once again the stand out performer, delivering record net inflows. However, there was no news on a permanent chairman to replace acting chair and senior independent dir

Professional services firm EY and a partner at the company have been fined nearly £1.2 million over failures linked to its audit of an online furniture retailer. The Financial Reporting Council (FRC) handed out a £1.197m sanction after the company breached audit rules while dealing with

New figures showing Britain's millionaire population has fallen to its lowest level since the 2008 financial crisis are much more than a London story, with the real cost being felt far beyond the capital and beyond the wealthy individuals themselves, according to Multrees Investor Services. Multrees

Charities and other third sector organisations undertaking property and construction projects are being urged to build VAT planning into their earliest project discussions, as a significant reform to the Capital Goods Scheme (CGS) takes effect tomorrow. From 29 July 2026, the threshold above which l

Over two thirds (68%) of private business owners in Scotland are confident in delivering growth in the second half of 2026, according to KPMG. At the start of 2026, KPMG's annual Private Enterprise Barometer surveyed 1,500 privately owned businesses across the UK, including 119 in Scotland, spanning

Foresight Group, a regional private equity investor, has reported a robust start to 2026, deploying over £43 million across 11 new UK and Ireland businesses while completing three successful exits.

Michelle Elliot and Callum Carmichael of specialist business advisory firm FRP have been appointed as joint administrators of Lanfine Limited.

Some of the UK’s largest pension providers are supporting a £1 billion first-of-its-kind fund dedicated to investing in scaleup businesses.

Hall Morrice has appointed Andrew Walker to the role of partner to work closely with managing partner Robert Bain, the wider partner group and the firm’s leadership team to help shape its strategy, direction and continued development. Andrew will play a leading role in growing Hall Morrice&rsq

New analysis suggesting Scotland’s 48p top rate of income tax may have generated £22m less revenue than expected strengthens the case for an evidence-led assessment of how tax divergence is affecting taxpayer behaviour and Scotland’s competitiveness, according to an accountancy bod

Barclays has reported a 17% rise in first-half ​profit before tax to £6.1 billion, beating analysts’ forecasts and kickstarting what is likely to be a bumper reporting week for the sector.

Johnston Carmichael has appointed Graeme Bain as head of restructuring. Taking up the role with immediate effect, Graeme will lead the firm’s restructuring business line, supported by partners Donald McNaught and Richard Bathgate.

A millionaire tailor who once dressed opera star Luciano Pavarotti is suing a wine fridge supplier for more than £550,000, claiming faulty units ruined part of his prized wine collection.

With under two weeks remaining until the first Making Tax Digital (MTD) for Income Tax submission deadline, new research from Bank of Scotland suggests that two-thirds (65%) of small businesses in Scotland still have work to do before they are ready to comply with the new rules, compared with 55% o

Steven Mearns, director of TaxAssist Accountants, and Kris Urquhart, director of Brimmond Financial Planning, have teamed up to lodge plans for a £2 million commercial development in Westhill.