News

Independent accountancy and business advisory firm Johnston Carmichael has made seven director promotions across five of its service lines, to further strengthen its senior team. The firm, which is part of the PKF International network, has made 78 promotions to date in 2021.

Scottish accountancy firm Douglas Home & Co has reported steady growth despite the pandemic, insisting that a relentless focus on customer service has paid dividends for the business. As well as recording a 4% rise in turnover to £4 million for the financial year 2020/21 - despite the impa

David McGinness, a director in the Insolvency team at Scottish mid-tier chartered accountancy firm French Duncan, has obtained his Insolvency Practitioner Licence. Based in the firm’s Glasgow office, Mr McGinness, French Duncan’s Restructuring and Debt Advisory Director, has more than 10

Andrew Lothian, insurance partner at global provider of integrated legal and business services, DWF, discusses Qualified One-Way Costs Shifting and their impact on injury claims in Scotland. Wednesday 30 June 2021 was a landmark day for anyone dealing with injury claims in Scotland. That was the dat

Tesco Bank has announced the appointment of Gary Duggan to the roles of interim chief executive officer, Tesco underwriting, and interim chief insurance officer. Mr Duggan has spent his career in banking and insurance and is currently a senior adviser at Oxbow Partners, a European insurance consulta

The fund management firm formerly known as Standard Life Aberdeen has confirmed that its name change to abrdn has taken effect. Announcing the change, chief executive Stephen Bird said he was very excited to have reached this milestone”.

The Edinburgh Tax Network, in conjunction with CIOT, ATT and Terra Firma Chambers, will present a webinar which will take an in-depth look at Family Investment Companies (FICS) on 13 July 2021 from 2pm to 5pm. The speakers Ritchie Tout of Mazars, Alex Docherty and Billy Cleland of Johnston Carmichae

The Institute of Chartered Accountants of Scotland (ICAS) has highlighted the urgent need for the UK Government to prioritise improving tax administration, as a dysfunctional tax system continues to fail taxpayers and tax agents. In a new report – Tomorrow's Tax Administration – ICAS has

New data published today by the British Business Bank has revealed that businesses across Scotland received a total of over £4bn in funding under the government’s two largest Covid-19 loan schemes, the Coronavirus Business Interruption Loan Scheme (CBILS) and the Bounce Back Loan Scheme

A review of 18 fund managers between July 2020 and May 2021, covering different business models and sizes, found most had not implemented Assessments of Value (AoVs) arrangements that met Financial Conduct Authority (FCA) standards. The financial regulator requires Authorised Fund Managers (AFMs) to

Edinburgh-based Alba Claims has experienced a sharp increase in activity in 2021 after managing almost £1 million of claims in 2020. The claims management company founded in 2017 focuses on commercial claims and is particularly strong in the insolvency and construction sectors.

To enhance consumer protection in the funeral plans market, the Financial Conduct Authority (FCA) has confirmed the rules funeral plan providers will have to follow when they come under regulation from 29 July 2022.

The Scottish Government has launched a campaign encouraging people to choose a career in Scotland’s valued tourism and hospitality industry. The advertising campaign will promote the range of roles within the industry and help people find a job that suits different skill sets. It will support

Dogs who flunked out of police academy because they were too timid, unfit or reluctant to bite people have been put up for auction.

Accountancy firm Chiene + Tait (C+T) has appointed Lisa Travers as its new partner within its expanding Personal Tax team. Ms Travers joins from RSM’s Glasgow office where she worked within its private client practice. Prior that that she spent the first nine years of her career at KPMG before