News

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.

The Financial Conduct Authority (FCA) has announced five senior appointments to help drive its transformation. Stephanie Cohen will be the FCA’s chief operating officer (COO) while Jessica Rusu will join the FCA’s as its first chief data, information and intelligence officer (CDIIO)

Anderson Anderson & Brown Consulting Limited (AAB Consulting), the dedicated consulting arm of accountancy firm Anderson Anderson & Brown Group, has announced two senior appointments following a period of growth. Julie Arbuthnott has been with the Consulting business for two years and has be

KPMG is close to selling its restructuring arm to private equity firm HIG Europe as part of a deal that could see a former head of Deloitte run the newly separated business. HIG Europe is in exclusive talks to buy the Big Four firm's restructuring operation for about £400 million.

H&I Adventures, an Inverness mountain and e-mountain bike (e-MTB) guided tour company, has secured a £100,000 Coronavirus Business Interruption Loan (CBIL) from HSBC UK to allow the business to continue trading through COVID-19 and safeguard several jobs.

Scotland’s economy could grow by as much as 4.6% this year according to PwC's projections, as the country begins to recover from the slump created by the COVID-19 pandemic.

Bank of Scotland owner Lloyds Banking Group is set to cut its space by 20% over the next two years as working from home looks to become a permanent lifestyle change. Lloyds decided to cut its office space after 77% of its 68,000 employees said they wanted to work from home for three or more days a w

UK consumers are set to put away a total of £164 billion worth of savings and investments this year in a sign that coronavirus has permanently changed the nation’s savings habits.

Financial services specialist Caroline Stevenson has joined Burness Paull as head of its dedicated FS regulatory team. The firm said it recruited Ms Stevenson to take advantage of a market in Scotland that has continued to perform strongly throughout the pandemic, but it is facing a new regulatory l

Mackie's of Scotland has seen its operating profits increase by 61% to £3.4 million over the last year as its revenue reached £16.7m. In the year ending 31 May 2020, the firm recorded bumper chocolate and take-home ice cream sales with chocolate purchases increasing by 46% after recipe r

Edinburgh-based property marketing specialist Property Studios has seen its virtual tour business expand during the pandemic, driven by a booming property market where site visits are extremely restricted. Now, Property Studios has recruited an additional eight staff, bringing its headcount to 32 as

Finance secretary Kate Forbes is urging MSPs to back the Budget Bill when it comes before Parliament for the first time today. Ms Forbes stressed that the Scottish Budget 2021-22 – incorporating additional measures outlined to Parliament last week including the extension of 100% rates relief f