News

Scotland’s economy faces a gradual recovery from the coronavirus crisis, according to updated modelling published by the Scottish Government today.

Financial services firms Tilney and Smith & Williamson have agreed a revised transaction structure for their proposed merger. The merged group will be known as Tilney Smith & Williamson and will be the UK’s leading integrated wealth management and professional services business.As

Permanent job placements and temporary billings continued to fall sharply across Scotland in May, according to the Royal Bank of Scotland's Scottish Labour Market Report.

One-third of Scots have less money in their current accounts since the COVID-19 lockdown came into effect, according to new research by PwC.

As UK businesses cautiously return to trading, a review of the last eight weeks of the Association of Chartered Certified Accountants (ACCA UK) and Corporate Finance Network (CFN) SME Health Tracker reveals that the lockdown has had a marked impact on SMEs’ financial outlook. Since e

House prices in the UK dropped again in May with prices 0.2% lower than in April, according to the latest Halifax House Price Index.

Card and contactless payments continued to increase in 2019, with card payments accounting for over half (51%) of all payments for the first time, according to the latest UK Payment Markets report from UK Finance.

The Financial Conduct Authority (FCA) has set out a package of measures designed to address weaknesses across the defined benefit (DB) transfer market. It includes steps to reduce conflicts of interest by banning contingent charging, as well as help for advisers who want to do the right thing and pr

Divorces have risen sharply in Saudi Arabia during the coronavirus pandemic, apparently driven by women discovering that their husbands are secret polygamists.

The journey into the next phases of pandemic management is well underway and the timing of opening of different industries is becoming clearer each week. It is good that the government has extended financial support under the Job Retention Scheme (JRS, or Furlough) and is allowing businesses to bri

The Scottish Building Society (SBS) has pledged that none of its customers will be at risk of losing their home over the next 12 months as it announced an emergency support package for customers in financial difficulty due to COVID-19. As well as banning repossessions, the society is extending the c

Dundee-based accountancy firm MHA Henderson Loggie has launched a special offer for healthcare and other key workers looking to save on specialist tax and financial planning services. From today, healthcare and key workers can benefit from a 20% reduction on tax return fees, ands the same reduction

The Corporate Insolvency and Governance Bill, which was debated in the House of Commons yesterday, is a significant step forward in attempts to mitigate the enormous economic damage caused by COVID-19, according to insolvency and restructuring trade body R3 in Scotland. The firm has said that b

Edinburgh-based software company Sharktower AI has announced the appointment of Brendan Waters as its chief financial officer. Mr Waters spent several years as a corporate finance advisor to technology businesses before joining one of the UK’s highest-profile tech start-ups, FanDuel, as their

Dominic Gibson, an Association of Chartered Certified Accountants (ACCA) student from Paisley, has achieved the top score for the APM - Advanced Performance Management exam, making him a global prize-winner in the latest ACCA exam session. ACCA celebrates outstanding exam achievement by candidates w