Brexit

The Glasgow economy would lose £2.35 billion and 38,000 jobs in the event of a no-deal Brexit, according to research by Glasgow City Council economists.

All VAT registered companies in the UK will be automatically allocated a customs number to prepare for no-deal Brexit.

HMRC has kept its promise to adopt a light-touch approach on the imposition of fines for businesses who have failed to file on time with the shift to the new Making Tax Digital (MTD) system for VAT, according to Saffery Champness LLP. HMRC had not issued any fines for the 120,000 businesse

Average house prices in Scotland will grow by 14 per cent to reach £170,000 by 2022 if a no-deal Brexit is avoided, according to new analysis from PwC. If a no-deal Brexit does not take place, house prices are expected to grow 1.7 per cent this year, rising to 2.4 per cent next year and a furt

Plans for a UK digital service tax designed to raise £400 million a year by 2022 may have to be scrapped under the terms of a UK-US trade deal, campaigners have warned. Global Justice Now said Boris Johnson's enthusiasm to conclude a "quick" trade deal if he becomes Prime Minister next week wo

Finance professionals and their organisations have already incurred additional costs as a result of Brexit, according to a new survey by the Institute of Chartered Accountants Scotland (ICAS). Seven out of ten ICAS members told the ICAS quarterly survey, carried out in association with law firm Brod

Ron Robson SME lender Ultimate Finance, with offices in Glasgow and Edinburgh, has seen lending grow 47 per cent last year to a record high.

Scotland's leading financial firms have drawn up restructuring plans to deal with the potential impact of Brexit, The Scotsman reports. Scottish Financial Enterprise, which represents firms including Royal Bank of Scotland and Scottish Widows, has told the Scottish Parliament's Europe committee that

Scotland's digital retail parks and traditional High Streets suffered a slump in footfall last month with experts blaming poor weather, declining consumer purchasing power and uncertainty over Brexit as negative factors. Worryingly, the slump extended to digital sales. Diane Wehrle, Marketing and In