News

The Financial Conduct Authority (FCA) has published a consultation on its proposed policy framework for exercising two of its new powers under the Benchmarks Regulation (BMR), which will be introduced by the Financial Services Act 2021. These powers relate to the use of critical benchmarks that are

Students who exploited a glitch in KFC's mobile app to obtain thousands of euros worth of free meals have been jailed in China.

Blair Nimmo and Alistair McAlinden of Interpath Advisory have been appointed joint administrators of Bellhill Limited. Incorporated in 2010, the company owns and operates the Lorne Hotel, a 102-bed three-star hotel in the west end of Glasgow. The hotel also incorporates Bukharah, an award-winni

The last year has seen many changes across every aspect of everyone’s lives and property landlords are no exception. With an ever-changing landscape of legislation, this area of the property sector has had a lot to consider and with which to comply. Anderson Anderson & Brown (AAB) explored

The latest insolvency statistics in Scotland remain at unprecedented low levels down 17% when compared to April 2020 and down 63% on April 2019 due to ongoing government support. As key government support ends such as VAT deferral, rent moratorium and the furlough scheme, RSM predicts a doubling of

Litigation Capital Management (LCM) has agreed to back a £250 million negligence claim against KPMG for its audits of Carillion. The litigation funder said it would fund a High Court claim brought by the liquidator of the collapsed contractors entities.

Ian McMonagle, taxation director at Russell & Russell, business advisers, and member of The Association of Taxation Technicians (ATT), warns of the large number of misleading Eat Out to Help Out scheme applications. As the hospitality sector is getting back on its feet, the latest news releases

Murray Capital, the private investment office of the Murray family, has appointed David Durie to the newly created position of property director. In this role, Mr Durie will be responsible for all property interests of the Murray Capital Group and support the future development of the Murray Estates

SMEs are in a state of paralysis and feel unable to plan their financial future, according to a survey from The Association of Chartered Certified Accountants (ACCA) and The Corporate Finance Network (CFN). A total of 77.8% of accountants’ small business clients are not expecting to retur

Business confidence in Scotland has hit its highest level for almost seven years, a new survey from chartered accountancy body ICAEW has found.

Oban-based bioscience start-up Oceanium has closed its latest seed funding round worth £2 million led by Green Angel Syndicate and the World Wildlife Fund (WWF). The seaweed processing and food and material innovation business will use the funds to scale up its proprietary biorefinery and proc

LaSalle Investment Management has appointed Savills and Knight Frank to jointly market one of Aberdeen’s largest and most ambitious office projects. Wellheads Avenue is to benefit from a multi-million-pound refurbishment, with the intention of making it an exemplar for Aberdeen’s sustain

Businesses that deferred VAT payments last year have one month left to join online to pay in monthly instalments under the VAT Deferral New Payment Scheme, HMRC has said today. The online portal for the new payment scheme closes on 21 June 2021.

Standard Chartered Bank has partnered with the Financial Services Skills Commission (FSSC) to explore how the menopause transition affects women working in financial services and their progression to senior roles. The research is being carried out by the Fawcett Society, UK’s leading charity c

Increased workloads and household responsibilities during the COVID-19 pandemic are driving deep dissatisfaction among many women in the workforce, according to a new Deloitte Global report.