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A toilet in South Korea developed by a professor at Ulsan National Institute of Science and Technology is offering students cryptocurrency to use the toilet which powers part of a university building with human waste. Students can exchange the currency for coffee, fruit and books, cnet reports.

The Scottish Illegal Money Lending Unit (SIMLU) has launched a new dedicated advice site to support Scots who are struggling to deal with loan sharks. The unit has also expanded its network of organisations operating in communities that help residents to report illegal loan shark activity safely.

Accountancy firm Azets has hired Frazer Nicol to head up a new Corporate Tax Team within the firm’s fast-growing Aberdeen office. Mr Nicol joins Azets as a tax director from the Aberdeen office of Anderson Anderson & Brown LLP.

The coronavirus pandemic prompted a wave of innovation as businesses pivoted their operations to survive, according to a Bank of Scotland survey. Almost half (48%) of Scottish businesses said the pandemic forced them to be more creative and innovative in finding new areas of growth.

With Scotland’s family businesses reportedly among the world’s worst affected by Covid-19, it’s vital to re-assess core purpose and strategic direction to ensure they emerge fit for a new post-pandemic era, according to Scottish entrepreneur Lee Fitzpatrick, managing director

For April-June 2021, Scotland’s employment rate estimate decreased slightly over the quarter to 74.2%, according to the latest figures published by the Office for National Statistics (ONS). At the same time, the unemployment rate estimate decreased slightly over the quarter to 4.3%.

The public is being asked for its views on proposals to establishing a Scottish minimum income guarantee (MIG). Social Justice Secretary Shona Robison will today co-chair the first meeting of a new steering group to drive forward the ambitious new policy with the aim of reducing poverty, inequality

Dundee-based games developer Outplay Entertainment has seen pre-tax profits rise by £7.6 million to £8.9m despite the economic uncertainty of the coronavirus pandemic. According to accounts filed with Companies House, Outplay's revenue dropped from £19.1m in 2019 to £10.4m fo

There’s still time to enter the 2021 Business Women Scotland Business Awards before the closing date of 3 September at 6pm. Has your business grown in the past year? Is it a start-up that’s being noticed? Do you run an innovative social enterprise? Or is your business a sustainable enter

UK businesses have voiced their support for a change to the end of the UK tax year, bringing it in line with most other countries in an attempt to simplify the accounting process for British firms with subsidiaries abroad. The UK tax year runs from April 6 while in the majority of other jurisdiction

Former Rangers chief executive Charles Green said he expects to see criminal charges brought against the Lord Advocate, prosecutors and police over the malicious prosecution scandal. He said police were "corrupt" after he won more than £6 million from the Lord Advocate in settlement of his &po

A former accounts manager at a non-profit affiliated with a medical school has pleaded guilty to embezzling almost $13 million. Florida man Ralph Puglisi, 59, faces a jail term of up to 20 years, The Tampa Bay Times reports. He worked for the University of South Florida's medical service association

A quarter (25%) of young people in Scotland say a lack of knowledge is a key barrier to home ownership, with two fifths (39%) unable to confidently explain how a mortgage works, according to the latest research from Bank of Scotland. The survey of over 2,100 18 to 34-year-olds living in Scotland, fo

Trojan Energy, the clean energy company, has secured a late seed round investment of £2.2 million to roll out its unique, flat-and-flush on-street EV (electric vehicle) charging hubs and develop further commercial applications of its technology. The round was led by Scottish angel investors Eq

Scottish retailers are still waiting for a return to pre-pandemic trading as total retail sales in Scotland increased by 7.4% compared with July 2020 when they had decreased by 8.3% year-on-year.