More than 300,000 tax credits customers have just over one week to renew their claims before the 31 July deadline, HMRC has warned. As the deadline approaches, customers are being urged not to leave their renewal until the last minute and risk their payments being stopped. The quickest and easiest w
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Financial crime prevention costs UK financial institutions an average of £374,000 every year, according to new research from global legal business DWF. The survey of 300 financial crime decision-makers working in the financial services sector in the UK, also found that on average, organisation
UK accountants are no longer allowed to audit in Ireland as Brexit accelerates the separation between company law and other regulations between the two countries. Last week, the Institute of Chartered Accountants in England and Wales (ICAEW) ceased to be a recognised professional body in Ireland. Th
The Institute of Directors (IoD) has today announced that the First Minister Nicola Sturgeon, UN Young Leader for the Sustainable Development Goals Vanessa Nakate and former Skyscanner COO Mark Logan will be joining the line-up of speakers at its global conference – being hosted from Scotland
Scottish small and medium-sized enterprises across are more confident about the economy reopening than their English counterparts, according to a new report by PayPal. PayPal's Business of Change 2021 Report polled over 1000 SMEs across the UK and found Scottish SME's are more confident (6
A group of Scottish hospitality firms has proposed a solution for businesses struggling to cope with the so-called "pingdemic" forcing thousands of workers into self-isolation. The Scottish Hospitality Group (SHG) said its new process could help businesses avoid having to close unnecessarily. It has
The Financial Reporting Council (FRC) is on track to become a new, more resilient regulator according to an analysis of its recently released Annual Report and Accounts. Sir Jon Thompson, FRC CEO, said: “The improved capacity, capability and processes that the FRC delivered in 2020/21 have mov
Two boxes of sealed Pokemon card sets have been sold for more than £19,000 at auction. The boxes, purchased 21 years ago for around £30, were sold after the owner researched the prices they could fetch.
Dundee-based investment company Alliance Trust has posted strong half-year results with the company confirming a second quarterly dividend of 3.702p – an increase of 3% on last year. The company's Net Asset Value (NAV) Total Return reached 14.8% in the second quarter of this year, outperf
The UK Government has announced that it intends to sell part of its shareholding in NatWest Group plc (formerly the Royal Bank of Scotland Group plc).
Sue Gilchrist, legal director at Pinsent Masons, considers the impact of the latest public health guidance on Scottish business. Scottish business, just as much as our English counterparts, was switched on to review the UK government guidance issued on working safely during coronavirus in Engl
Asset & wealth management firm Asset Co has announced that it will pay £16.5 million for a 63% stake in Rize ETF, a thematic exchange-traded fund provider. Asset Co has also committed £5.25 million to help fund the growth of the business. The equity interest will be acquired fro
Wealth manager Brewin Dolphin has posted record gross discretionary fund inflows of £1.3 billion for the third quarter ended June 30 2021. The gross discretionary inflows were higher than the £1.0bn reported in Q2, with Brewin Dolphin stating that continued growth across its direct and i
Investment in Scottish commercial property increased by more than one-third (35%) compared to the same period last year during the first six months of 2021 as the market continued its recovery from the pandemic, according to analysis from Knight Frank. The independent commercial property consultancy
Legal firm Addleshaw Goddard’s corporate team in Scotland has advised on the initial public offering (IPO) and admission to the AIM market of the London Stock Exchange for innovative global healthcare firm, GENinCode. Specialising in cardiovascular disease risk assessment, GENinCode's products

