News

HMRC has been accused of making fewer arrests on white-collar tax dodgers due to a lack of resources and criticism about it being too “trigger happy”.

Chad Griffin, restructuring specialist at FRP Advisory, discusses how the current downturn in the North Sea is likely to see a far deeper level of oil and gas restructurings and a higher level of insolvencies than in 2015, the last comparable period when there was a much stronger base position than

UK banks are turning away mortgage business by increasing interest rates on several new mortgages as they struggle to cope with soaring demand for borrowing in the post-lockdown housing market.

Staff at Lloyds Banking Group will be told to work from home until at least next spring to reduce the spread of COVID-19.

Glasgow’s 122 Waterloo Street, home to international banking giant Morgan Stanley, has been named Scotland’s top corporate workplace in the British Council for Offices’ (BCO) 2020 awards. The highly sustainable, grade A office building, developed by HFD Property Group, opened in 20

The Financial Conduct Authority (FCA) has publicly censured Perth-based insurer Aviva for making an announcement concerning certain preference shares which had the potential to mislead the market. The FCA has ruled that Aviva's announcement on March 8, 2018, concerning its preliminary year-end

CMS has announced the appointment Jae Fassam as a pensions partner in Edinburgh, bringing the total partner count across its UK pensions law practice to 18. Mr Fassam joins from Pinsent Masons.

TSB has introduced new mortgages for first time buyers, making it easier for young people to get a mortgage - so long as they have a 15% deposit. On Friday, the lender revealed a range of mortgages for first-time buyers which use an easier stress test than for home-movers. A stress test is a calcula

As businesses recover from the COVID-19 pandemic, professional accountants are faced with new and intense ethical dilemmas, according to the Association of Chartered Certified Accountants (ACCA) ACCA annually celebrates ethics in the month of October leading up to Global Ethics Day and beyond.

Scottish SMEs have fallen behind the rest of the UK in R&D tax relief claims, according to funding consultancy firm Leyton.

Productivity Club Scotland is launching new clubs this month to help SMEs in North East Scotland, Highlands and Islands and the South of Scotland.  The new initiatives are aimed at enhancing productivity in Scotland and will be used as a tool to help businesses recover from the economic cr

Finance secretary Kate Forbes and economy secretary Fiona Hylsop have called on the UK Government to reconsider the ‘unexpected’ decision to abolish duty-free shopping in the UK. In a letter to Rishi Sunak, Chancellor of the Exchequer, ministers highlight the impact this will have on ret

From November 2, Scottish firms that are required by law to close due to COVID-19 will be eligible for grants of either £2,000 or £3,000 every four weeks for as long as the restrictions last. Businesses which can remain open, but are directly constrained by the measures, will be eligible

London-based law firm Joseph Hage Aaronson is looking to hire a “private assistant and dog walker” for an annual salary of £30,000. 

A prestigious survey of finance directors and chief finance officers working in the SME sector has rated Azets as the best accountancy firm in the UK market. The FD Excellence Survey, which is in its 20th year, undertakes a detailed analysis of FDs satisfaction levels with accountancy firms.