News

Murray Income Trust plc (MUT) has completed a merger making it one of the largest investment trusts in the UK equity income sector with gross assets of around £1.1 billion. Four-fifths of Perpetual Income & Growth Investment Trust plc (PLI) shares have been rolled over into the MUT, while

Aberdeen Standard Investments (ASI) has made two key appointments to its smaller companies team to help drive growth and support the team’s strong track record across UK, European and global strategies. Tzoulianna Leventi and Liam Patel have been appointed as investment analysts, creating an e

Film and TV production generated £5.6 million of inward investment for Fife and Tayside's economy in 2019-20, according to new figures. Around 100 productions that came to the region during the 12 months leading up to the Covid-19 lockdown, according to FifeScreen+TayScreen.

Aberdeen-based global payroll and tax compliance specialist activpayroll has donated a five-figure sum to four Scottish charities to support their work during the Covid-19 pandemic.

An arrest warrant has been issued for Africa's wealthiest preacher on charges of fraud and money laundering.

NatWest Group, formerly known as RBS Group, has been named as the banking sponsor of next year’s COP26 climate summit in Glasgow. The banking group said its sponsorship would demonstrate "its ambition to champion the fight against climate change by playing an active role in the transition to a

Insolvency expert Gillian Carty has been elected chair of law firm Shepherd and Wedderburn. She will chair the firm's board, working closely with her fellow partners and Andrew Blain, Shepherd and Wedderburn’s managing partner, to chart the firm’s strategic direction over the next three

The Financial Conduct Authority (FCA) has proposed a public censure for directors of collapsed contractor Carillion instead of a financial penalty, despite finding them to have been knowingly reckless in their reporting of the company’s performance.

The Financial Reporting Council (FRC) has today launched a consultation on the proposed revision of a practice note (PN) on the audit of housing associations in the United Kingdom.

An energy finance postgraduate student is beginning studies at the University of Dundee after winning a major Chinese scholarship. Yi Ou is completing a dual degree programme where the first year is spent at the Chinese University of Petroleum Beijing (CUPB) and the second year is at the University

The vast majority of people in Scotland want government action to support continued access to cash in the face of ATM and bank branch closures, according to new research. Financial consultancy Enryo has published the findings of a new survey, carried out by YouGov, which shows that 80 per cent of Sc

Stuart Clark, managing director of Russell & Russell Chartered Accountants in Glasgow, lists five things to consider if you might make the switch to electric vehicles (EVs) for your employees. The tax treatment of company-owned electric cars is not as simple as you would hope, but there are defi

Bribes paid to private individuals will no longer be tax-deductible in Switzerland under new rules coming into effect in 2022.

The Financial Reporting Council (FRC) has voiced renewed concerns about the financial market’s vulnerability to the failure of one of the Big Four audit firms that dominate the sector. The regulator said it had requested detailed information from Deloitte, KPMG, EY and PWC on their responses t

Stephen Bird, the new chief executive of Standard Life Aberdeen (SLA), has argued against full time home working amid a growing split in the City of London over the future of offices. Mr Bird said that office life is vital for generating new ideas and training the next generation of workers