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A report outlining a new targeted inward investment plan focusing on nine key sectors to further internationalise Scotland’s economy has been published by the Scottish Government. Announced yesterday by trade, investment and innovation minister Ivan McKee, Shaping Scotland’s Ec

FRP Advisory has appointed Emma Turnbull as a new restructuring advisory director in Scotland. During her 15-year career, Ms Turnbull Emma gained extensive restructuring experience working with a wide range of firms across the retail, oil and gas and real estate sectors on both consensual and non-co

UK savers are set to miss out on millions in returns after an epic £75.5 billion savings haul in lockdown, due to low savings account interest rates, according to a new report by Atom bank.

HSBC has indicated that it could charge for some current accounts as the banking industry anticipates the introduction of negative interest rates.  Yesterday, the bank said it was assessing whether to charge for basic banking services in some countries. 

Non-bank or direct lending saw a decrease of 29% in the first half of this year, according to the latest Alternative Lender Deal Tracker from Deloitte. The tracker found that a  total of 140 European deals were completed in the first half of 2020, compared to 197 for the same period last y

Scotland’s GDP is confirmed to have fallen by an unrevised rate of 19.4% during the second quarter of this year, according to statistics announced today by the Chief Statistician.

As UK SMEs continue to tackle the effects of the pandemic, The Association of Chartered Certified Accountants (ACCA) and the capital advisory platform Capitalise.com are working together to help bridge the advice gap ensuring firms choose the right options for funding and capital loans. Both ACCA an

According to new research from Co-operatives UK, community ownership models are helping to create a new generation of UK businesses that are better equipped to withstand the COVID-19 crisis. The organisation’s biggest ever study of the community shares market finds that of those businesses who

The private, public and third sectors must urgently form a taskforce to help the millions of people facing serious debt issues caused by COVID-19, according to insolvency firm Carrington Dean. The call comes as the UK braces itself for the fallout of furlough and new restrictions while the pressures

A relative of Zimbabwe's president has been arrested at Robert Gabriel Mugabe Airport in Harara after she allegedly tried to smuggle 14 bars of gold on a flight to Dubai.

The Edinburgh Tax Network, in conjunction with CIOT and Terra Firma Chambers, will present a talk entitled ‘Tax Issues on Importing and Exporting - post 1 January 2021’ on November 5 from 1pm to 2pm. The speaker, Matthew Paul Clark, LL.B, LL.M. (Liverpool), PwC Director and Head of UK Cu

Royal Bank of Scotland, part of NatWest Group, has announced the launch of its first ever ‘Green Mortgage’ for customers. The new product will offer a preferential interest rate to new or existing customers who are purchasing an energy-efficient property.

Young people's energy and enthusiasm, technological skills and creativity will help boost Scotland's COVID-19 economic recovery, according to new research released today by Barclays' LifeSkills.

Andrew J.P Wilson, dispute resolution partner at Wright Johnston & Mackenzie, discusses the recent changes to the coronavirus job support scheme. On 22 October 2020, The government published a Policy Paper which provides additional details in relation to the Job Support Scheme, which is due to o

Demand from occupiers and investors for office and retail property in Scotland continued to fall sharply in the third quarter of the year, but there are at least signs that the industrial sector is stablising, according to the Q3 2020 RICS Commercial Property Survey.