A £30 million package of funding from the Scottish Government is being made available to local authorities to support people facing financial hardship as a result of coronavirus, including money to provide free school meals over the school holidays. Local authorities will be given flexibility
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Stirling-based independent metering, utility construction and energy network business Energy Assets Group has appointed Luca Sutera as chief financial officer. In an impressive business career, Mr Sutera has gained considerable expertise in power and renewable energy markets, most recentl
Brian Williamson, chairman of Glasgow-headquartered 4icg Group, whose subsidiaries include Fierce Digital, Pursuit Marketing and Software Advisory Service, details how to kickstart the economy after COVID-19. I have been impressed, not only with the economic levers Rishi Sunak, has used to sti
September marked the eighth month in a row of declining retail sales in Scotland, falling -6.0% on a total basis, according to the latest retail sales monitor from KPMG and the Scottish Retail Consortium (SRC).
Glasgow-based digital pharmacy Phlo Digital Pharmacy is set for expansion after it broke its £1.65 million crowdfund target on the day of launch. The firm, which launched in November 2019, now plans to extend their crowdfunding campaign hosted on Crowdcube due to the high levels of demand.
Investment in stocks and shares ISAs surged in the second quarter of 2020 increasing by a staggering +71% in the three months to June, according to Scottish Friendly’s New Investor Index.
Relocating out of other UK locations, such as London and the South East, is the leading reason for investment in Scotland’s financial services sector, according to a first of its kind market report by EY. The prominence of Scotland within the UK financial services network is apparent, with 29%
Over 14 million savers now have access to the Pensions and Lifetime Savings Association's (PLSA) Retirement Living Standards helping them to picture their retirement futures. In total, some 14.4 million savers – including over 10 million active savers – will have access to the Stand
The Financial Reporting Council (FRC) has today launched a consultation on the proposed revision of its UK auditing standard ISA (UK) 240 - The Auditor's Responsibilities Relating to Fraud in an Audit of Financial Statements.ISAs are based on the underlying ISAs issued by the Internationa
Chartered accountancy and business firm Anderson Anderson & Brown LLP (AAB) has reported one of its biggest growth years on record for their audit services. Over the last year, new business wins total £800,000 from around 30 new clients, with 30% of these new wins have being secured in the
Edinburgh-based corporate finance firm Quest Corporate has launched a debt advisory unit to be headed up by recent hire Kevin Boyd. The unit has launched as many businesses across Scotland and the rest of the UK face increasing debt pressure over the coming months and into 2021.
BGF has appointed Fiona Dornan as a new investor to its Scotland and Northern Ireland team. Ms Dornan will support ongoing business growth in both regions.
Aberdeen Standard Investments (ASI) is celebrating the third anniversary of its Global Equity Impact Fund. The fund, managed by Sarah Norris and Dominic Byrne, was the first impact product launched by the global asset manager.
Scotland’s GDP increased by 2.6% in August, according to statistics announced today by Scotland's chief statistician.
The programme for Fife Business Week has been revealed with around 30 events taking place online from November 2 to 6.