Tax & Regulation | 3 Feb 15
UK taxpayers overpay £5bn in tax
Taxpayers in the United Kingdom are wasting around £4.9bn in unnecessary tax payments due to an absence of awareness, lack of concern or insufficient knowledge, a report suggests.
Aberdeen suffers 4 8bn outflows in Q4
Aberdeen Asset Management said it is in “good shape” despite its assets under management shrinking by £4.8bn in the last three months of 2014.
People Moves | 3 Feb 15
Coutts appoints managing director for non-doms
Coutts has appointed a managing director for Western European, American, and resident non-domiciled clients.
Towry strikes deal to buy Ashcourt Rowan
Shares in Ashcourt Rowan have surged after the firm agreed to a £97m takeover by Towry Finance.
Tax & Regulation | 2 Feb 15
FX trader jailed for seven years for scam
A man who claimed he was trading on foreign exchange markets has been jailed for seven years after conning investors out of £5.5m and splashing the cash on himself.