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A construction supervisor has won $5 million after being handed the wrong lottery ticket at a North Carolina convenience store.

Bute Island Foods (BIF), a manufacturer of vegan cheese, ice cream and other plant-based products, has secured an investment of up to £375,540 from Highlands and Islands Enterprise (HIE) to help accelerate its latest growth plans. BIF has expanded rapidly over the past four years, during which

Social enterprise Woodside Arran CIC has secured up to £30,000 from Highlands and Islands Enterprise (HIE) to help expand their activities by creating a fresh produce vending machine in Brodick. The social enterprise was formed in May 2017 by husband and wife team Andrew and Jennifer Macd

Former Scottish Conservative Party leader Ruth Davidson has been appointed as a non-executive director of life insurance, pensions and investment mutual Royal London. Her appointment will commence from June 8.

Edinburgh-based digital wallet and payments platform Zumo has launched its business-to-business (B2B) proposition, ZumoKit, its crypto-as-a-service platform. ZumoKit is a B2B product built for Fintechs and Financial institutions that wish to offer cryptocurrencies in a compliant way to meet the

National professional services consultancy Begbies Traynor Group has acquired construction sector finance broker MAF Finance Group in a deal worth up to £11.75 million.

Inheritance, estate and gift taxes could play a stronger role in addressing inequality and improving public finances, the Organisation for Economic Co-operation and Development (OECD) has said. Inheritance taxation can be an important instrument to address inequality, particularly in the current con

The UK economy shrank by 1.5% in the first quarter of 2021 as the winter coronavirus lockdown restrictions took hold.

Companies are better aligning their board remuneration policy and practices with long-term shareholder interests according to new research conducted by the Financial Reporting Council (FRC) and The University of Portsmouth. This research assessed a sample of FTSE 350 companies to determine the exten

Jim Burberry, RSM's head of VAT and indirect tax in Scotland, discusses the impact of the devolution of VAT in Scotland. The SNP’s election manifesto makes a commitment to ‘Strengthening of Scotland’s tax powers with the devolution of VAT’ (page 47).

FinTech Scotland is developing a ten-year business-led research and innovation roadmap which will support the growth of Scotland’s digital economy and the development of fintech innovation across the UK. This implements one of the recommendations highlighted in the recent Kalifa FinTech Sector

The COVID-19 pandemic is making it harder for people living in Scotland to achieve better opportunities in life, according to new research by PwC, which suggests government and businesses must take radical action to avoid furthering inequalities in society. As Westminster and Holyrood Governments pl

Alistair Greig, the financial services chief behind a £13 million Ponzi scheme, who was sentenced to 14 years in prison, has had his jail time cut to ten years. Scottish Financial News reported in April last year that Mr Greig conned more than 140 clients, telling investors he would put their

A senior manager at Goldman Sachs in London has quit the US investment bank after making millions from investing in Dogecoin.

Avondale Care Scotland has agreed a £10.2 million loan with Barclays to accelerate its long-term growth plans and expand its portfolio. The funding package ensures the care home operator has access to capital to provide premium facilities to residents and supports the acquisition of residentia