News

KPMG has appointed Vishal Chopra as partner and its new head of tax in Scotland. Mr Chopra joins KPMG from Grant Thornton, where he held the equivalent role.

Scottish motorcycle dealer Ecosse Motorcycles has received a £150,000 funding package from the Royal Bank of Scotland to support the business throughout the coronavirus pandemic. This is the second funding boost that the firm has received from RBS after it secured an initial £1

Murdoch MacLennan, a partner with Azets and a specialist in banking, is urging lenders to continue supporting businesses struggling with cash flow problems by extending for a further six-month term capital repayment holidays for debt that was arranged pre-COVID. Last March lenders moved swiftly to s

North sea oil firm Ithaca Energy has appointed David Crawford as its chief financial officer. Mr Crawford is taking over the role from his predecessor Mr Graham Forbes who will be leaving Ithaca, effective 1 February 2021.

Highlands-based online beauty business bubu has received a funding loan of £25,000 from Scottish responsible finance provider DSL Business Finance Ltd. DSL’s investment allowed a completed funding round that enabled independent start-up skincare brand to acquire the necessary s

MPs have launched an investigation into the UK's insolvency sector after criticism from businesses about their objectivity standards, according to The Times.

Forth Ports Limited has acquired the entire share capital of Targe Towing Limited for an undisclosed sum.

First time buyers in the UK will be boosted by the reintroduction of HSBC's 10% deposit mortgages this week. The bank pulled out of the market due to overwhelming demand for such deals in September.

The UK Government is considering calls to waive fines for late tax returns this year but has ruled out an official extension to the January 31 filing deadline. Campaigners have argued that a third national lockdown has "changed the playing field" and increased further pressure on freelancers and sma

Investment firm BGF has reasserted its plans to complete deals in Scotland despite the uncertainty caused by COVID-19 amid signs that concerns about potential tax changes will fuel activity. The firm has said it expects to find more businesses with good growth potential in Scotland to back after gro

Scottish business confidence crashed in the final days of 2020, according to new research from the Federation of Small Businesses (FSB). The small business campaign group says that their findings underline the need for governments in Edinburgh and London to provide sufficient second-wave coronavirus

The coronavirus pandemic has worsened a longstanding late payment problem for British businesses, according to The Institute of Directors (IoD). The institute has called for 'more firepower' the UK's small business commissioner Philip King to help address the issue. 

The Scottish private sector remained in a downturn during the final month of 2020, according to the latest Royal Bank of Scotland PMI, with a further drop in services activity outweighing a strong improvement in manufacturing growth. The seasonally adjusted headline Royal Bank of Scotland Business A

The Financial Conduct Authority (FCA) has issued a warning to consumers about the risks of investments advertising high returns based on cryptoassets. The FCA has said it is aware that some firms are offering investments in cryptoassets, or lending or investments linked to cryptoassets, that promise

A Stalin-themed kebab shop in Moscow has been liquidated by Russian officials after being open for less than a week. Staff at the Stal’in Doner wore uniforms of the NKVD, the forerunner to the KGB while customers were greeted with the Stalin-era slogan: “Life has become better, life has