News

Accountancy and business advisory firm BDO LLP has appointed James Paterson as head of tax in Scotland. Mr Paterson joined BDO in 2006, having trained in BDO’s London real estate tax team before relocating back to Scotland in 2016 and making partner in 2017.

AAB has recruited Andrew Webster as a virtual finance partner in the firm's Aberdeen office. Mr Webster's appointment strengthens AAB's virtual finance function, which supports businesses across all aspects of the finance function from day-to-day transactional work to senior strategic finance helpin

Chartered accounting and business advisory firm Saffery is continuing its expansion in Edinburgh after appointing 15 new team members across its corporate tax, accounting and audit divisions.

Law firms Perkins Coie and Ashurst, which has an office in Glasgow, are to merge to form Ashurst Perkins Coie. The new firm's footprint will span 52 offices in 23 countries, with flagship hubs in Seattle, London, Sydney and New York.

A French man who found a treasure trove of gold bars and coins when he dug up his garden to build a swimming pool may be forced to hand over the hoard to their heirs of its presumed original owner.

A total of 115 company insolvencies were registered in Scotland in October this year, the same number as in October 2024, according to the latest UK Government Insolvency statistics. 

Wood Group shareholders have overwhelmingly approved the recommended £216 million cash acquisition of the firm by Sidara. A resolution to approve the Scheme of Arrangement passed with 89.07% in favour, bringing discussions over the future of the company, formerly led by Sir Ian Wood to a concl

The Royal Bank of Scotland and the Scottish Asian Business Chambers have announced a new partnership to support entrepreneurs from underrepresented communities to grow.

The Association of British Insurers (ABI) has stressed that the fight against fraud must continue as its annual detected fraud data reveals that £1.16 billion worth of fraudulent general insurance claims were identified in 2024 – a 2% increase on the £1.14bn detected the previous y

From the start of December, UK bank customers will benefit from an increase to the maximum amount they would be reimbursed for if their bank were to fail.  

Asset manager Octopus Capital has raised an additional £100 million for its Affordable Housing Fund, with the Scottish National Investment Bank (SNIB) providing £50m of the funding. As an impact investor, aiming to secure both commercial returns and societal benefit, the bank’s fun

The Institute of Chartered Accountants of Scotland (ICAS) has appointed Katie Close CA as its new director of tax. Katie Close will lead the ICAS tax team, overseeing technical content and resources for over 24,000 members working in more than 85 countries.

Aberdeen, the specialist asset manager, has outlined six macro themes it believes will reshape investing in 2026 and beyond. The six themes are geopolitical risk, economic fragmentation, diversification, challenges to central bank independence, rising debt servicing costs, and US equity market conce

A family-run company that acquires care homes in distress and turns them into viable businesses has bought Bankhouse Care Home in Lesmahagow following a £2.5 million refinance package from Unity Trust Bank. Willie, Sam and Caroline McDonald, owners of Bellerose Care Ltd, bought 49-bedroom Bank

A wish-list of seven policies to boost hard-hit SMEs has been sent to the Chancellor by accountancy and business advisory firm Azets, which advises more than 80,000 SMEs. Praveen Gupta, Azets’ UK head of tax, called for Rachel Reeves to “encourage and enable SMEs to invest, innovate and