Proposals from Angus Council of how to spend a £26.5 million capital investment fund have now been agreed by the UK Government. The Angus Fund is part of the Tay Cities Deal, which comprises the local authority areas of Angus, Dundee City, Perth & Kinross and the north east part
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A pregnant woman who went into labour minutes into her bar exam managed to complete the crucial test despite giving birth halfway through. Illinois woman Brianna Hill was originally due to sit the test much earlier in her pregnancy in July, but it was moved to October due to the COVID-19 pandemic.
The Bank of England (BoE) has asked UK banks if they are prepared for interest rates to fall to as low as 0.00001% or into negative territory as officials discuss whether to cut rates below zero to boost the economy. Sam Woods, head of the bank’s Prudential Regulation Authority, has written to
HMRC has received more than 54,800 claims from customers using a new online portal which allows workers to claim tax relief for working at home.
Glasgow-based data tech innovator Talking Medicines has been chosen to join Tech Nation’s Applied AI 2.0 Growth Programme. Tech Nation’s growth programmes are designed to champion and support ‘the UK’s most exceptional deep tech scale-ups’ and alumni include Skyscanner,
Scottish companies listed on the London Stock Exchange have outperformed their indices in the third quarter of 2020, according to analysis from Brewin Dolphin, buoyed by a strong performance from the country’s AIM constituents. The wealth manager found that Scottish organisations on the AIM in
The HMRC has admitted that Amazon will not be affected by the introduction of the new digital services tax, however, small traders who useth site to sell products will be penalised. UK Ministers had claimed that the tax which was announced in April, would make “global giants with profitable bu
Liz Mallon looks at the important role first time buyers need to play in the changing new homes property market. Recent research carried out by Savills shows that the Scottish new homes market has seen a steady recovery since the market re-opened in the summer, and properties in Glasgow and Edinburg
A new report by the Pensions and Lifetime Savings Association (PSLA) has identified solutions to the barriers that prevent pension funds from fully embracing climate-aware investment.
The Glasgow-based NHS Credit Union has received a Fairbanking Mark Award for its savings product. The award makes it the first credit union to have gained a three star Fairbanking Mark for its regular savings account.
Metro Bank has suspended businesses from opening new accounts, despite calls from the Bank of England to keep credit flowing. The lender has stopped the opening of new business accounts due to an influx of demand from businesses seeking bounce back loans for which firms must have a current acc
Accounting, advisory and business services group Azets has appointed Colin Haig as head of restructuring and Matthew Richards as a partner in the restructuring team. Mr Haig has been at the centre of the business restructuring industry for over 40 years, and is the current president of R3, the
In the UK around 95% of Britain’s 4.9 million private businesses employ less than 10 people. While 75% are sole proprietors, another 20% have up to only nine employees. This means that many of these businesses are not in a position to implement a Group Life Protection scheme, or Death in
A leading member of the parody Church of the Flying Spaghetti Monster is facing up to six years in prison for alleged illegal political activities.
Coffeepots, a Costa Coffee franchise in Cumbernauld, is resuming plans to build the town's first drive-through coffee shop after securing a £600,000 financing facility from HSBC. Coffeepots, owned by Pat Dunese and Colin Wilson, expects to create 25 new jobs when the latest outlet opens e