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Royal Bank of Scotland, part of NatWest Group, has announced a progress update on its ambition to provide £5 billion in new lending to the UK social housing sector, with the bank confirming £2.8bn has already been provided up to 31 August 2024.

Aberdeen is set to welcome over 100 professionals to a special event celebrating rising stars in financial planning and insurance. Recognising the achievements of those currently working in the profession as well as supporting the next generation will be central themes at the ‘Future of Financ

Businesses across sectors have been advised to review their approach to dynamic pricing after the practice drew scrutiny in the context of Oasis’ reunion tour, writes Angelique Bret. A UK and Ireland tour next summer will mark the first time the band’s two most prominent members, br

Hospitality businesses should prepare for imminent changes to the law on tips and gratutities or face the risk of employment tribunals and penalties, a tax specialist has warned. The new Employment (Allocation of Tips) Act 2023, which takes effect on 1 October 2024, will make it unlawful for employe

A Johnston Carmichael recruitment manager is stepping out for suicide prevention services at this weekend’s Edinburgh Kiltwalk, in memory of her late father. Laura Mackenzie, who is originally from Uttoxeter, but has lived in Edinburgh for 18 years, is undertaking the capital’s 20-mile M

The UK is losing billions of pounds a year in revenue due to tax evasion among small businesses, which can easily exploit weaknesses in government systems, according to a new National Audit Office (NAO) report on tax evasion in retail. As well as raising public funds, reducing tax evasion encourages

The winners of the 2024 Scottish Women in Business (SWIB) Awards have been revealed. The event – which was returning for the first time in five years – celebrates females in business across Scotland as well as celebrating and recognising supporters and champions of Scottish women in busi

HonuWorx, a Scottish underwater robotics company, has received a seven-figure investment to advance its plans to transform operations in the energy and security sectors. The Aberdeen-based firm plans to dramatically slash costs and emissions for offshore repair and inspection work through its f

City leaders have expressed concerns over the Prime Minister's warning of a "painful" Budget this autumn, urging caution against "punishing risk-takers" and "taxing wealth creators". In his first major speech from No 10's Rose Garden, Prime Minister Keir Starmer revealed that public finances are "wo

As the number of people paying dividend tax in the 2024/25 tax year is forecast to have doubled in the last three years, Laith Khalaf looks at how investors can beat the dividend tax trap. Cuts to the dividend allowance mean the number of people facing tax on their dividends is soaring. HMRC forecas

Edinburgh has taken a step closer to becoming the first city in the UK to implement a city-wide Visitor Levy, with councillors approving key details of the draft scheme.

While we continue to adapt to the unfamiliarity of a Labour government, businesses across Scotland are already analysing what that might mean for their sector, writes Mark Brown. Full details are yet to emerge of the party’s intentions, however, business leaders are keeping a close eye on emer

In a sign of the strong potential of the UK economy, 468,000 new firms have started up in the first half of 2024, according to the New Startup Index, published by Beauhurst and supported by Royal Bank of Scotland (RBS).

A proposed £2.5 billion merger between UK housebuilders Barratt Developments and Redrow looks set to go ahead despite concerns from the competition regulator.

Total UK fintech investment hit $7.3 billion in the first half of 2024, up from $2.5bn in the same period in 2023, according to KPMG’s latest Pulse of Fintech report, a bi-annual report on fintech investment trends published this week.