Edinburgh-based fintech Zumo, a digital-assets-as-a-service platform, and United Arab Emirates-based bank Commercial Bank International (CBI) have signed a memorandum of understanding (MOU).
Chancellor Rachel Reeves has confirmed a rise in capital gains tax (CGT) and employers’ national insurance contributions (NIC) in today’s Autumn Budget statement.
Northern Accountants has acquired Dunfermline-based Empowered By Cloud, accountancy expert for the trades and construction industry, for an undisclosed six-figure sum.
Coinciding with its announcement of a better-than-expected 10% rise in pre-tax profits to $8.5 billion (c. £6.6bn) during Q3 2024, HSBC’s CEO, Georges Elhedery, has dismissed speculation that the bank’s recent restructuring signals a potential breakup.
Scottish businesses have called for a competitive tax system and solutions to skills shortages in Chancellor Rachel Reeves’ first Budget, according to Bank of Scotland.
Scottish councils are facing a severe financial crisis due to ongoing inflation, wage pressures, and rising service demands, according to a new report by the Chartered Institute of Public Finance and Accountancy (CIPFA) and the Local Government Information Unit (LGIU).
The Scottish Retail Consortium (SRC) has welcomed the backing of Scottish Ministers over the reintroduction of tax-free shopping for international visitors.