Tech Nation has said its inaugural Scale Ratio, which compares the number of seed stage, early growth and late growth companies in the UK’s tech ecosystems, has revealed Scottish Tech is well-positioned for sustained growth.
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Activity across the Scottish commercial property sector ended a tumultuous year with industrial demand strengthening while retail and office vacancy rates rose at the strong rates in over a decade, according to RICS.
The Financial Conduct Authority (FCA) has confirmed that mortgage firms should not repossessions, except in exceptional circumstances, before 1 April 2021.
A mental health crisis is looming among SME owners after the stress and anxiety caused by the coronavirus pandemic, according to new research from small business insurer Simply Business.
AGS Airports Ltd, which owns Aberdeen, Glasgow and Southampton airports, has appointed Gillian Brunton as chief financial officer. Having previously held the position of finance director for Highlands and Islands Airports Ltd, which owns and operates 11 airports around Scotland, Ms Brunton is&n
The Royal Bank of Scotland has today announced an additional £100 million in funding to help support Scottish female entrepreneurs recover from the coronavirus. The funds, which build on the bank’s backing of female-led business across the UK, will see £100m made available over the
US banking giant JP Morgan plans to start a digital banking business in the UK, setting it against rival start-ups Monzo and Starling as well as Goldman Sachs. Yesterday, JP Morgan said that a mobile banking app for consumers will launch in the UK under its Chase brand in the coming months.
The limit on a single contactless card payment could more than double from the current £45 limit to £100. Earlier this month, Scottish Financial News reported that UK banks were pushing the Treasury to increase the limit. Industry experts urged that raising the cap to £100 cou
Ian McMonagle, tax specialist at Russell & Russell Business Advisers based in Glasgow, is predicting a fresh spate of late notice penalties in the wake of changes made at the start of this tax year to how and when residential property owners pay tax on the sale of a home. The changes to the
Edinburgh-based TSB has it will be closing 73 bank branches with 300 jobs set to be lost, despite appeals to save outlets in the remotest and most deprived areas of Scotland. While there has been continued resistance to closing the “last bank in town” the move means shutting down the fin
A rare Botticelli portrait could sell for $80 million in an auction at Sotheby's today.
Finance secretary Kate Forbes has called on the Chancellor to guarantee further support for businesses impacted by the coronavirus pandemic ahead of the UK Government’s budget. Writing ahead of the Scottish Budget, Ms Forbes has urged the Chancellor to extend the furlough scheme beyond April a
West of Scotland Housing Association (WSHA) has received a loan of £13 million arranged by Allia C&C under its charitable bond programme with the Scottish Government.
Finance secretary Kate Forbes did not announce any changes to income tax rates and bands in the coming year after she set out the Scottish Government's budget plans yesterday. Ms Forbes said that in light of the current coronavirus pandemic, it is vital that the Scottish Government continues to supp
Joanne Gillies, partner and insolvency disputes specialist at Pinsent Masons, discusses the impact of a ruling by the Court of Session allowing banks to claim debtors' PPI cash payouts. Banks will be able to reduce the amount of compensation paid to customers who claimed they were mis-sold pay