News

KPMG has revamped its governance structure after losing its chairman and senior partner Bill Michael after it was alleged that he made controversial comments during a video conference earlier this month.  The Big Four firm announced it will split the roles of UK chairman and chief executive tha

The Association of British Insurers (ABI) is calling for the Money Purchase Annual Allowance (MPAA) to be scrapped in the Budget so pension savers who have had to dip into their retirement savings during the pandemic are not penalised for paying it back when they can. ABI has argued that the change

The UK Government has laid draft regulations in Parliament that implement the requirement for mandatory independent scrutiny of pre-pack administration sales where connected parties are involved in the purchase.

Jim Harra, the chief executive of HMRC, has revealed that he received a call from fraudsters pretending to be the taxman. Mr Harra issued a warning on Twitter revealing that the HMRC had seen an increase in reported scams.

Jason Cozens, founder & CEO of fintech Glint, discusses the role banks will play in the future of alternative global currencies.  For centuries, consumers have had no choice but to trust in the banking system. Anyone looking to secure their financial future was encouraged to entrust their s

The UK Government must continue to be focused on ensuring the success of UK fintech, according to the newly released Kalifa Review of Fintech.

Dentons has appointed Claire Armstrong to the newly-created role of Scotland managing partner. Working alongside office head for Glasgow Alison Bryce and office head for Edinburgh Kirsti Olson, she will drive forward the firm's strategy to be the leading international law firm in Scotland.

Proposed legislation to implement Scotland’s Budget for 2021-22 has passed its first parliamentary hurdle as MSPs voted to endorse the general principles of the Budget Bill at Stage 1. MSPs also approved the Scottish Rate Resolution, setting all income tax rates and bands.

Applications have opened for Business Women Scotland’s Programme for Growth, running virtually from March 9-11. Supported by Royal Bank of Scotland and Scotland Can Do, the three-day course allows participants the opportunity to take time out of their business to work on it. As well as talks a

Glasgow-based tech firm Vistalworks has taken part in a cybersecurity programme to help the UK lead the fight against cybercrime. Vistalworks was chosen to be part of the National Cyber Security Centre’s ‘Cyber Accelerator’ scheme.

Twelve aspirational female company founders have been shortlisted as finalists in the AccelerateHER Awards 2021. Three female-led companies were selected from each of the awards’ four specific categories - CleanTech and Climate; Disruptive Innovation; MedTech and Science; and FinTech, Data Sci

The number of furloughed jobs in Scotland rose by just over a quarter between December and January, according to the latest HMRC coronavirus statistics. Provisional figures show as at 31st January 2021, 362,300 employments (14.9% of eligible employments) in Scotland were being supported by the Coron

Opportunity North East (ONE) has launched the Future Skills Partnership to enhance digital skills in north east Scotland. The north east’s biggest educational establishments have joined forces with some of Scotland’s leading digital training providers to boost the region’s dig

The Financial Reporting Council (FRC) has today issued advice for companies on how to report transparently and effectively when departing from certain provisions of the UK Corporate Governance Code. The Code sets high standards for Corporate Governance. It recognises that companies have differing ci

Spain's exiled former king Juan Carlos has paid the country’s tax authority more than €4 million.