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The Scottish private sector reported a further fall in total activity during January according to the latest Royal Bank of Scotland PMI data. The Business Activity Index - a measure of combined manufacturing and service sector output - fell from December's five-month high of 48.3 to 47.1, signalling

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AAB Wealth has appointed senior financial planner Alan Turner as it expands its operations across Central Scotland. Mr Turner has more than 12 years’ experience in financial planning and has previously held positions at Bank of Scotland, Grant Thornton Wealth Advisory and abrdn Financial Plann

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Accountancy firm Chiene + Tait (C+T) has promoted two of its senior colleagues to partner and a third to director. Alan Dean has become a partner within the firm’s fast growing tax advisory team, while Mairi Maciver was promoted to partner taking a leading role with the accounts and

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The UK technically dodged a recession at the end of 2022, however the outlook is bleak as growth is expected to remain close to zero during 2023, new figures from the Office for National Statistics (ONS) show. In December, GDP fell 0.5% following growth of 0.1% in November which resulting in GD

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Last year 35,158 new companies were registered in Scotland, a record high according to Inform Direct's Review of Company Formations. The figure represented a 3% increase on the previous year's formations bringing the total number of registered companies in Scotland at the end of 2022 to 280,990. Dur

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The Chartered Institute of Taxation (CIOT) has urged the government to review “unfair” repayment interest rates, with taxpayers facing late payment bills from HMRC up to 17 times higher than what is returned to those who have overpaid. HMRC generally charges interest on late payment at t

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