News

The Financial Reporting Council (FRC) has said it is on track to become a "new, more resilient regulator" after it published its Strategy for 2021/22 following a period of consultation. Throughout the consultation, respondents expressed broad support for the FRC’s progress towards the new Audi

Level E Research, the Edinburgh based leader in artificial intelligence (AI) investment solutions, has just closed a seed funding round raising £1.2 million from a group of private investors including leading figures in the investment management industry. The business, founded by Dr Sonia Schu

Hamilton-based Dazzle & Inkspot Ltd, a family-run business of over 50 years, has entrusted its staff to take the reins after adopting employee ownership. Dazzle & Inkspot Ltd, renowned for its officially licensed fancy dress products, toys, games and recreational merchandise has secured the

Edinburgh-based wearable tech startup PlayerData has raised $2.3 million in a series A funding round led by Hiro Capital, the London and Luxembourg VC fund. Former Tesco CEO Sir Terry Leahy, an existing PlayerData investor, also participated in the round.

Aberdeen Asian Income Fund Limited, a fund managed by Aberdeen Standard Investments (ASI), has posted strong results for the year ended 31 December 2020.  Over the 12 months ended 31 December 2020, the Company’s net asset value (NAV) increased in sterling terms +12.9%, compared to the MSC

HSBC UK and JP Morgan have announced that thousands of their employees will work from home permanently in the wake of the coronavirus pandemic. Jamie Dimon, JP Morgan’s chief executive, revealed in a letter to shareholders that 10% of the US investment bank’s 255,000 employees

Thousands of staff working at multi-national firm Arup have been instructed to contact their banks and check for unexpected activity after the firm confirmed employees have had their personal details, including bank details, address and name, compromised following a major cyber security attack.

Jamie Dimon, the head of JP Morgan, has warned that he could move all bankers serving European Union clients out of London as regulators in Europe seek to poach the City’s business. In his annual letter to shareholders, Mr Dimon said that Brexit “cannot possibly” boost the UK econo

The International Monetary Fund (IMF) has said that wealth taxes, income tax surcharges and solidarity business levies should be considered by the UK Government to support those who have been hit the hardest by the coronavirus pandemic and to help tackle rising public debt. The organisatio

From January to March 2021, the volume of property sales in East Lothian was up 26.1% compared to the previous year, according to the latest figures published by ESPC.

Hiring activity across Scotland rose markedly during March, according to the latest Royal Bank of Scotland Report on Jobs.

The Scottish Chambers of Commerce (SCC) has issued a policy document issued ahead of the Holyrood elections calling for the relationship between businesses and politicians to be reset. Scotland’s largest business group said Scottish Parliamentarians need to understand and support the value and

Staff at Italy’s national lottery have allegedly hacked into company computers to identify winning numbers and claim €24 million for friends and family.

KPMG has appointed Chris Smith as its new private client tax director in Scotland. Mr Smith will lead a team of dedicated personal tax advisers, focusing on private wealth and shareholder tax advice – helping clients to grow and protect their wealth in turbulent times.

Businesses looking to reopen and capitalise on a potential £50 billion boom in consumer spending could face a major new insolvency risk – a lack of working capital, according to accounting, tax and business advisory firm Azets.  The warning follows comments earlier th