News

Residential property, conveyancing and estate agency firm Simpson & Marwick is to become part of the Aberdeins Group following a de-merger from global law firm Clyde & Co. Rob Aberdein will join the firm as managing partner.

Keith Skeoch has been appointed interim chair of the Financial Reporting Council (FRC). Mr Skeoch will serve as interim chair from October 12 for a period of up to six months.

Aberdeen Standard Investments (ASI) has announced its intention to lift the temporary dealing suspension on the £1.6 billion Standard Life Investments UK Real Estate Fund and £0.9bn Aberdeen UK Property Fund. Dealing in the funds will resume on November 16.

Moody's has downgraded the UK's credit rating as analysts highlight the economic damage caused by the coronavirus pandemic.

The Financial Reporting Council (FRC) has issued three sets of amendments to UK and Ireland accounting and reporting standards. The amendments address some topical issues, and maintain a necessary alignment with international standards.

The Financial Conduct Authority (FCA) has published proposals on how firms should continue to seek to help customers who hold insurance and premium finance products and may be in financial difficulty because of coronavirus after October 31. The proposed guidance sets out how firms should provide tai

Dr Liz Cameron OBE, director and chief executive of the Scottish Chambers of Commerce (SCC), has been re-appointed as the ‘Scottish Business’ representative to advise the UK Government on strategic trade policy issues, including future trade agreements. SCC’s participation in

Businesses in Scotland impacted by the current block of coronavirus restrictions can apply for grants of between £1,000 and £3,000 from today.   The Federation of Small Businesses (FSB) in Scotland is urging hospitality firms and other operators eligible for help to apply quickly, a

One in ten people in the UK are hoarding more cash at home than before the coronavirus pandemic in case of an emergency, according to new data from the Bank of England.

Aberdeen-based global payroll and tax compliance specialist activpayroll has announced the appointment of Nick Southwell as chief financial officer. Mr Southwell has previously worked for large international businesses, mentored start-up companies in the technology sector, consulted with various FTS

Dundee-based investment company Alliance Trust has announced its investment manager, Willis Towers Watson, has dropped First Pacific Advisers (FPA) and appointed Lomas Capital Management to manage part of its portfolio. Alliance Trust said New York-based Lomas "does not identify with a particular pr

UK small enterprises saw output rise again in September, although growth continued to trail behind larger companies as smaller hospitality firms were hit by restrictions on trading, according to new analysis from the Royal Bank of Scotland (RBS). The RBS Small Business PMI survey provides market ins

Finance leaders continue to rank the effects of the COVID-19 pandemic as the top risk to their businesses, followed by rising geopolitical issues and the effects of Brexit, according to Deloitte’s latest CFO survey. Almost two-thirds (62%) of CFOs do not expect demand for their own businesses

Independent financial adviser Catriona Smith has been named as Scotland's financial adviser of the year at the Women in Financial Advice Awards for a second consecutive year. Ms Smith has been an independent financial adviser at Chase de Vere since 2008 and her clients cover the length and brea

Scottish listed companies recorded the smallest increase in profit warnings across the UK during the first three-quarters of 2020, according to new analysis from EY. The number of profit warnings in the first nine months of 2020 from companies headquartered in Scotland increased by 6%, the smallest