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Skyscanner has announced the appointment of former eBay executive Laurence Tracol as its new vice president of finance. The firm was founded in Edinburgh in 2003 and now currently employs around 1,500 staff globally.

HMRC has lost £31 billion to fraud and error, according to annual accounts published yesterday.  However, the figures have indicated that this is the lowest amount ever reported by the tax authority. 

It is estimated that UK banks have prevented more than £1 billion in fraud by rejecting almost 27,000 applications for COVID-19 Bounce Back loans.  The loans been an integral part of the UK Government’s support for small businesses during the pandemic, but concerns are mounting over

Dozens of staff at the Edinburgh office of pensions giant Phoenix Group will be made redundant as the firm announced 60 jobs will be cut in March. Phoenix told staff in a video call with senior bosses Stephen Percival and Andy Moss on Monday that cuts would be made in the actuarial service team.

Three spinout projects from the University of Dundee with the potential to deliver significant healthcare benefits have received more than £250,000 from Scottish Enterprise to support their development. Softech received funding via Scottish Enterprise’s in-year High Growth Spin-out Progr

The Financial Reporting Council (FRC) has imposed sanctions including a £500,000 fine against Deloitte and one of its former Audit Engagement Partners over its audit of an undisclosed company's defined benefit pension scheme. The sanctions concern the statutory audit of the company's

Tesla's official Tequila has officially launched and sold out at $250 a bottle. 

Financial mutual Scottish Friendly has announced the appointment of Susan Beckett as a non-executive director. Ms Beckett has more than 30 years’ financial services experience and will continue in her role as chief risk officer at Brewin Dolphin, where she has spent the last six years.&nb

Gary Cameron has been appointed as head of Scotland for the property arm of French international banking group BNP Paribas. Mr Cameron has also been appointed as head of Scotland for its residential and rural arm Strutt & Parker and forestry arm John Clegg & Co.

Work has begun on a new £12 million Scotch whisky distillery which is set to become the latest tourist attraction in Edinburgh. Foundations have just been laid for The Port of Leith Distillery which will rise 40 metres above the quayside a stone’s throw from the Royal Yacht Britannia.

Hayley Wilkes of Angus-based WeeCOOK has been named the overall winner as well as Resilient Woman of the Year at the 2020 Business Women Scotland Awards. The family-run restaurant, café, takeaway and pie shop at Barry Downs, near Carnoustie, was forced to close its doors in March when the cou

The Scottish private sector saw a renewed downturn in October as fresh restrictions to tackle the COVID-19 outbreak came into force, according to the latest Royal Bank of Scotland PMI. The seasonally adjusted headline RBS Business Activity Index - a measure of combined manufacturing and service

Louise Brittain, restructuring and insolvency partner at accountancy firm Azets, discusses how new personal insolvency legislation is open to fraud. The Debt Respite Scheme gives people who receive professional debt advice access to a 60-day period in which interest, fees and charges are froze

Glasgow-based video technology platform specialist Ordo has experienced high client demand for its product range since the beginning of the COVID-19 pandemic, with the company on track to more than double revenue to around £3 million in the current financial year. Odro, which provides a comple

Zumo, the Edinburgh-based cryptocurrency wallet and exchange platform, has announced four female appointments in key roles and a total of seven new team members, taking the team to 24 with recruiting still open for another five new roles. Amelie Arras joins Zumo’s marketing department during a