Uk Government

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The UK Government’s trading plan to sell part of its shareholding in Royal Bank of Scotland owner NatWest has been extended for another 12 months. A trading plan involves selling shares in the market through an appointed broker in an orderly way at market prices over the duration of the plan.

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Biotangents, an Edinburgh biotechnology business, has secured £2.2 million of new funding made up of £1.6m from the UK Government’s Innovate UK innovation loans programme and a further £600,000 from a funding round led by Kelvin Capital and Scottish Enterprise. The funding wi

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The UK Government must not introduce legislation which breaks international law, but instead find sustainable solutions to help ease trade between the UK and EU countries, according to economy secretary Kate Forbes. In a letter to the Chancellor of the Exchequer, Ms Forbes outlines concerns that the

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Foreign secretary Liz Truss has banned Russian businesses from using UK accountants as she announced new sanctions on Russia in wake of its invasion of Ukraine. The sanctions include a ban on services exports to Russia, cutting them off from doing business with UK sectors that are critical to the Ru

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The UK Government has been urged to intervene in the row over the Institute of Chartered Accountants in England and Wales (ICAEW) choosing to keep fines levied against KPMG over the cheating of Silentnight pensioners.

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Scotland could miss out on hundreds of millions of pounds if the UK Government does not fulfil its promise to fully replace lost EU funding, according to employment minister Richard Lochhead. The UK Government’s Shared Prosperity Fund (SPF), which is intended to replace EU structural funds los

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The UK Government is suing KPMG for £1.3 billion over allegations it was negligent in its audit of Carillion in 2016. Government ministers have accused KPMG of failing to respond to "red flags" in Carillion's accounts ahead of its collapse in 2018.

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Theodore Agnew, a Treasury and Cabinet Office minister, resigned yesterday over the UK Government's decision to write off £4.3 billion in fraudulent COVID-19 loans. Mr Agnew labelled the oversight of the scheme “nothing less than woeful” and accused officials of “schoolboy er

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The UK Government has announced that direct flights to London from Dundee will be subsidised for a period of two years. The Department for Transport (DFT) announced funding worth a total of £4.3 million for the public service obligation (PSO) routes.

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