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Renewed household and government spending will drive the UK’s economic recovery in 2021, but a more cautious revival in business investment means it will be the end of 2022 before GDP returns to pre-pandemic levels, according to the Confederation of British Industry (CBI).

Accountancy firm BDO is to pay its partners an average of £518,000 each, despite receiving furlough money at the start of the coronavirus pandemic. The firm revealed that the annual payout to its 264 partners reached £137 million and that it has decided to retain the furlough money it re

A £55 million emergency sports funding package to tackle lost ticket revenue during the pandemic has been announced by sports minister Joe FitzPatrick. The funding will comprise grants and low-interest loans, including £30m for Scottish Football at all levels of the game.

Fairways Business Park in Livingston is close to full occupation with five lettings concluded in 2020, defying tough market conditions experienced by office landlords with people working from home. November has seen health and home care services company Lucerne Scotland secure the 2,889 sq ft first

The Cash by Cash App has launched its own clothing line in its latest attempt to convert the app into a lifestyle brand.

Mark Hallan, director of global investment at Scottish Enterprise, discusses why the financial services are key to attracting inward investment to Scotland. Scotland is an extraordinary proposition for global companies to invest in.

The Supreme Court has approved a £14 billion court case against credit card giant Mastercard. The court ruled that the Competition Appeal Tribunal (CAT) must reconsider the class action against Mastercard which it previously threw out.

Accountancy firm BDO has backed down and agreed to repay £4.1 million of furlough money after outrage over its £137m pay out to partners. On Friday, Scottish Financial News reported that partners at the firm would receive an average of £518,000 each despite receiving furlough

The Scottish Parliament’s Culture, Tourism, Europe and External Affairs Committee has warned that it is seriously concerned by the challenges facing Scottish businesses in the new year regardless of whether a Brexit deal has been reached.

Edinburgh-based drug delivery company Bio-Images Drug Delivery Limited (BDD), has positioned itself for rapid growth with a £1.2 million investment led by Archangels. The Archangels investment was supported by Scottish Enterprise and BioCity Investments.

Three Aberdeen charities are receiving a festive season funds boost thanks to city accountants and tax advisors Meston Reid & Co. The firm is donating the money it would normally spend on its Christmas party – as well as donations from its staff – to the good causes.

The owner of two of Edinburgh’s most iconic hospitality venues, Prestonfield House Hotel and The Witchery, has secured £2.5 million in CBILS funding through Royal Bank of Scotland to support the businesses through the impact of coronavirus on the hospitality sector. James Thomson OBE&nbs

Staff at Scottish kitchen design business Cameron Interiors have been given full control of their futures as it becomes the first employee-owned firm of its type in the UK. With studios in Glasgow and Edinburgh, Cameron Interiors has become renowned throughout Scotland for luxury German kitchens &nd

Aberdeen Standard Investments (ASI) has launched an Emerging Markets Sustainable Development Equity Fund that aims to deliver both an attractive return for investors and a positive societal impact. By leveraging ASI’s extensive research platform and ESG resources, the Fund will invest in Emerg

Employee-owned North-Berwick-based Jerba Campervans' production schedule is now full until November 2021 following soaring demand for its celebrated Volkswagen Transporter conversions.