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There are now 27.7 million adults in the UK with characteristics of vulnerability such as poor health, low financial resilience or recent negative life events in light of the coronavirus pandemic, according to the Financial Conduct Authority's (FCA) latest Financial Lives survey (FLS). The survey lo

The latest Business Distress Index from Begbies Traynor has revealed the number of UK SMEs in significant distress now stands at 620,000 an increase of 76,000 in Q4 2020, putting 2.8 million jobs under threat.

Codeplay Software, the Edinburgh-based Artificial Intelligence (AI) firm and machine learning technology developer, has agreed a landmark deal with the US government to enable its next-generation supercomputer. Codeplay’s contract with The National Energy Research Scientific Computing Center (

Mackie's of Scotland has experienced a 37% growth in ice cream sales throughout 2020, leading to a total UK-market share of an estimated 6% in all major retailers.

Suzanne Sosna, interim director for global trade at Scottish Enterprise, outlines how the organisation is supporting Scottish companies following the end of the EU transition period. COVID-19 has changed everything; how we work, how and what we buy, who we spend time with, how we communicate, how we

Privately-owned contractor GRAHAM has signed a multi-million contract with management consultants Solutino Pte Ltd (design and build contract with 6AQ Development Ltd), revamping a prime office building located in Glasgow’s International Financial Services District (IFSD).

A year on year fall of 54% in the number of personal insolvencies in Scotland (bankruptcies and protected deeds) due to the introduction of emergency legislation in April 2020 is to be welcomed but is likely to be short-lived, Blair Milne, a restructuring and insolvency expert with Azets has warned.

Bitcoin uses more electricity annually than the whole of Argentina, according to an analysis by Cambridge University.

Amsterdam has replaced London as Europe’s largest share trading centre last month, the Financial Times reports, as the Netherlands secured business lost by the UK since Brexit.

Bill Michael, the chairman of KPMG UK, has stepped down while the firm investigates “alleged comments” he is said to have made during an online meeting with staff. Yesterday, Scottish Financial News reported that Mr Michael apologised after receiving backlash for allegedly telling s

Iain Young considers the year ahead in tax. One of the most hackneyed phrases found in articles written by lawyers is that in this world nothing can be said to be certain, except death and taxes. 

Jason Cozens, founder & CEO of fintech Glint, discusses the rise of alternative global currencies such as Bitcoin. The idea that became Glint began life almost 15 years ago as I watched desperate consumers struggle to recover their funds from the collapsing Northern Rock. It was the first time t

Barclays Corporate Banking has announced the launch of a new Green Bonds Guarantees & Indemnities (BGIs) product, which will offer support to businesses trying to reduce their environmental impact as they conduct their day-to-day activities. The Green BGI focuses on tackling the challenges that

Dräger Safety UK, part of The Dräger Group, an international leader in the fields of medical and safety technology, has announced the launch of Dräger Hire, a new UK-wide safety equipment rental service. The £2 million 2,000-item rental fleet will be operated from the firm&rsquo

Audit, tax and consulting firm RSM has predicted that insolvencies will double in 2021 when government support, such as the furlough scheme and bounce back loans, ends. According to the Insolvency Service, there were 12,557 company insolvencies in 2020, down on the 17,225 the previous year.