News

The Financial Conduct Authority (FCA) has reminded firms to be ready for the end of the Brexit transition period in one month’s time. When the transition period ends at 11pm on 31 December, firms will need to be prepared for a number of changes to the regulatory environment in which they opera

The Financial Reporting Council (FRC) has launched a consultation on the proposed revision of its review standard for interim financial statements, International Standard for Review Engagement (UK) 2410 (ISRE (UK) 2410) Review of Interim Financial Information Performed by the Independent Auditor of

A rare firearm which was made for the Indian prince Maharajah Duleep Signh, the last Sikh ruler of the Punjab, is due to go on sale this week.

Anderson Anderson & Brown (AAB) has ranked top in the Scottish listing of Experian's United Kingdom and Republic of Ireland M&A Review. AAB held its previous rank of 1st place having advised on 13 deals, making it the most active financial adviser in the year to date.

Bank of Scotland owner Lloyds Banking Group has appointed Charlie Nunn as its new group chief executive officer and executive director. Mr Nunn is currently global chief executive, wealth and personal banking at HSBC. Since joining HSBC in 2011, Mr Nunn has held a range of leadership positions

Virgin Money, owner of Glasgow-based Clydesdale Bank, has announced a new strategic fintech partnership with Glasgow-based Redspire, to support the development of its digital proposition for the new Virgin Money Business current account.

Martin Gilbert, one of Scotland’s best-known business figures, is set to become the chair of Scottish Golf, the national governing body of the sport in Scotland. The Scottish Golf board has announced that Martin, who has actively supported golf in Scotland for over 20 years, will be presented

The impact of the coronavirus pandemic on the global economy has shifted investor priorities and is expected to have a significant impact on UK Financial Services Firms’ investment plans over the coming year, according to EY’s latest UK Attractiveness analysis for financial services.

Glasgow-founded FreeFlow Technologies (FFT), the developers of the world’s lightest power to weight e-Bike motor, has secured £1.85 million from a heavily over-subscribed funding round. The new funding round was led by investment syndicate Kelvin Capital and supported by Equity Gap, Fore

Medium-sized businesses in Scotland predict a strong recovery once a COVID-19 vaccine is rolled out, according to new data from BDO. The latest BDO Rethinking the Economy survey showed that 56% of Scottish businesses predict they will fully recover in less than six months once a vaccine for COVID-19

Perthshire based online auction house Whisky Auctioneer has seen almost £4 million of sales in a month thanks to rising global demand for rare whisky.

Coronavirus grants should be provided for suppliers to Scottish hospitality and retail businesses hit by current restrictions, according to the Federation of Small Businesses (FSB). In a letter to the Scottish Government and local authority leaders, FSB also urged finance secretary Kate Forbes and C

The Bank of England (BoE) has reported that mortgage approvals for house purchases extended their recent buoyancy in October, climbing to 97,532 marking the highest rate since August 2007.

Scotland’s Chief Statistician has published statistics on the reliefs and exemptions from non-domestic rates that were in place at 1 July 2020.

A new economic study by Irwin Mitchell and the Centre for Economics and Business Research (Cebr) has shown Edinburgh survived the impact of COVID-19 better than most UK cities, but that by the end of next year, may be among the slowest growing in terms of output.