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Scotland has "more than a solid base" for a future foreign direct investment (FDI) strategy, EY Scotland has said following the publication of a new survey. The proportion of overseas companies planning to invest in the UK in the next 12 months has fallen to 25% from a ten-year high of 31% in April,

Scottish retailers will have to be innovative to survive this winter due to the double impact of Brexit and Covid-19, KPMG has warned. The Big Four accounting firm said its latest retail figures showed sales took a step back in October in a "miniature repeat" of the spring lockdown, with sales of fo

Artisan Real Estate is set to invest £150 million in residential development in Scotland over the next 12 months in a "radical bid" to raise standards for sustainable living in prime city centre locations in Edinburgh and Glasgow. The regeneration specialist launched a new UK-wide building des

The Financial Conduct Authority (FCA) has confirmed updated guidance to firms setting out enhanced support that should be available to mortgage borrowers experiencing payment difficulties as a result of coronavirus. 

Two former Rangers FC administrators have settled their claims against Police Scotland over their wrongful arrest and detention for an undisclosed sum. Lawyers for David Whitehouse and Paul Clark, who worked for Duff & Phelps, yesterday confirmed they had dropped their lawsuit against the chief

A man has become an instant millionaire after a rare meteorite crashed through his roof.

The Edinburgh Tax Network, in conjunction with CIOT and Terra Firma Chambers, will present a talk entitled Penalties for Enablers of Defeated Tax Avoidance on 25th November 2020 from 2pm to 3pm. The speakers will be Ken Curran and Lesley Shakles of HMRC. They will provide an overview of legislation

Financial services firm Aviva has unveiled a groundbreaking solar energy station in the car park at its Perth office, but plans to accompany it with a £3 million wind turbine have been knocked back by Scottish Ministers.

Payments start-up Modulr, based in Edinburgh, London and Dublin, has secured £9 million in investment from PayPal Ventures. Modulr is a Payments-as-a-Service API platform which enables digital businesses and software platforms across lending, banking, fintech, travel, employment services and a

Graeme Williams, director of M&A at KPMG in Scotland, considers the state of the deals market in Scotland. The last twelve months have taken their toll on Scotland’s economy with no sector or business left unscathed by the Covid-19 pandemic.

Dundee woman Liz Blackburn has been re-elected to the global council of the Association of Chartered Certified Accountants (ACCA). Ms Blackburn, who works for NatWest Group in Edinburgh, joined the global council in 2017 and her re-election was confirmed at its online AGM.

A former global CEO of accountancy giant KPMG has been appointed as chair of a new strategic board by the new Centre for Business, Climate Change and Sustainability (B-CCaS) at the University of Edinburgh. Mike Wareing CMG is an honorary professor at Edinburgh Business School, as well as former glob

Glasgow-based real estate developer Simply UK has expanded its senior management team with the appointment of Andy Curran as commercial director and Alistair Murray as head of procurement. They will be based from the company headquarters in Baillieston.

UK retail sales received a boost in October from early Christmas shopping as buyers start early to ensure gifts reach their recipients in time, Deloitte has said. Ian Geddes, head of UK retail for Deloitte, said the country is set for the "most digital Christmas ever", including in terms of ret

A couple who discovered rare coins worth nearly £20,000 in their newly-purchased home have returned them to their original owner.