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Economy secretary Fiona Hyslop has called on Chancellor Rishi Sunak to ensure the lowest paid furloughed workers are properly supported through its new Job Support Scheme (JSS). The JSS will replace the existing Job Retention Scheme from Sunday. Ms Hyslop has warned that the change will cut the inco

Big Four accountancy firm PWC has committed to retaining all of its office space, despite the rising number of COVID-19 cases in the UK.  The firm, which is one of the UK's largest employers with 22,000 members of staff, has made the move as the ongoing pandemic ensures staff will be working fr

Employee-owned North-Berwick-based firm Jerba Campervans has been awarded the Good Business Charter (GBC) confirming its place as one of the UK’s most ethically-minded businesses. To be awarded the accreditation, Jerba had to demonstrate how its ethos applied throughout its business, from livi

A David Hockney painting valued at £27 million has gone on show in London before it is due to go on auction in New York in December.

The Financial Reporting Council (FRC) has criticised Grant Thornton after its Audit Quality Inspection revealed five out of six of the firm's local audits fell below the expected standard. Grant Thornton was singled out by the accountancy regulator after it investigated 15 major audits of health aut

The Financial Conduct Authority (FCA) has extended its offering of payment deferrals for mortgage and consumer credit customers for the next six months.

Alan McIntosh, a money advisor, discusses the impacts of COVID-19 on the personal finances of Scots. 

Payday loan firms and doorstep lenders are cashing in on the coronavirus pandemic as they issue families struggling financially with loans at interest rates of up to 1,700%.

Medium-sized businesses in Scotland believe COVID-19 will worsen the UK’s north/south economic divide, according to a poll of 500 business leaders published today by accountancy and business advisory firm BDO.  According to the survey, 30% of medium-sized business leaders believe the outb

Johnstons of Elgin, the Scottish retailer specialising in cashmere, has warned it could close its iconic shops in Edinburgh, St Andrews and London the UK Government continues plans to remove tax-free shopping for international visitors.

Kevin Ellis, the chairman of PWC has warned that auditors will find it “harder than ever” to determine whether companies can continue to trade and that their accounts are free from fraud or errors as tougher COVID-19 restrictions come into force this winter. Mr Ellis, who has headed PWC

Simon Poole, co-founder of the North Berwick-based employee-owned business Jerba Campervans, discusses why the employee ownership model should be considered as a viable option in a post-COVID world. In times of true crisis, we see widely accepted norms crumble.

Edinburgh-based financial services company Nucleus Financial Group has agreed to purchase the UK business and assets of Genpact Wealth Management UK Limited (which operates under the trading name OpenWealth) for £1.5 million.  The deal is expected to be completed

Edinburgh-based R&D tax credit specialist Amplifi Solutions has appointed Roger Daynes as its new regional manager for Scotland. Bringing experience from an international career in technology, sales, marketing and growth, Mr Daynes has worked in leadership teams at organisations including AEGON,

More Scottish companies are expected to sell and lease back their premises as they explore alternative ways of raising capital and strengthening their balance sheets, according to analysis from Knight Frank. The firm found that £1.05 billion has been raised by companies selling and leasing bac