News

US investment bank Goldman Sachs has revealed that its senior staff will be allowed to take as much holiday as they want. Under the bank's new "flexible vacation" plans, there will be no limit on paid leave.

Edinburgh-based private bank Hampden & Co has appointed Hannah Berridge as head of professional partnerships. Based in London, Ms Berridge reports to chief commercial officer, Andrew Bell.

Prices in the UK are rising at their fastest rate for 40 years, according to the latest figures published by the Office for National Statistics (ONS).

Biotangents, an Edinburgh biotechnology business, has secured £2.2 million of new funding made up of £1.6m from the UK Government’s Innovate UK innovation loans programme and a further £600,000 from a funding round led by Kelvin Capital and Scottish Enterprise. The funding wi

The Institute of Chartered Accountants in England and Wales (ICAEW) is set to receive the entire £14.4 million fine imposed on KPMG last week for its role in the Carillion scandal. Last week, Scottish Financial News reported that KPMG was set to be fined after a Financial Reporting Council (FR

Annual Scottish house price growth reached 6.2% in March, up 0.5% from February.

The UK is expected to become the first large European economy to reach pre-pandemic levels of corporate insolvencies as COVID-19 crisis support is wound down and rising levels of inflation threaten firms. According to credit insurer Allianz Trade, corporate insolvencies will soar by 37% this year. T

A notorious cat dubbed the "most prosecuted" in her local area has been vindicated in court after years of litigation.

Savills is marketing Dalhebity House, a mansion house created by Stewart Milne and his partner Joanna Robertson, for offers of over £7.5 million.

New funding to help public bodies unlock and realise further investment in measures to improve energy efficiency and install low and zero-carbon heat systems in buildings has been launched by the Scottish Government. The Scottish Central Government Energy Efficiency Grant scheme will make £100

Hamilton man James McGee, a retired tax inspector who stole a dead man's identity to carry out a £170,000 VAT fraud, has been jailed for two and a half years. James McGee, 66, utilised his forty years of expertise to obtain false payments from HMRC.

Edinburgh-based IT group Stellar Omada has added 50 tech specialists to its team during the first quarter of 2022, while almost tripling year-on-year quarterly revenue and securing a number of new business wins and assignments. UK private bank Hampden & Co, NatWest, and Atos are among recent con

Kintore-based pipeline technology specialist STATS (UK) Ltd increased revenues to just under £50 million while EBITDA earnings rose to £7.8m from £6.5m, according to the firm's latest annual results. Revenues increased by £7.2m to £49.7m (up 17% from £42.5m) while

The Financial Reporting Council (FRC) has published its thematic review of discount rates.

A specialist police unit which targets the organised criminal gangs behind fraud prevented a record £101 million from being stolen in 2021, the highest amount in the unit’s 20-year history. The Dedicated Card and Payment Crime Unit (DCPCU) which is funded by the banking and finance indus