Scotland's finance minister Kate Forbes is being urged to match England's stamp duty tax cut for house buyers.
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Following the reopening of construction sites in Scotland, Sean McGinness believes the picture should start to become clearer for rural landowners who are in discussions with housebuilders and developers regarding potential new developments and land sales. Many individuals will have spent time durin
The Competition and Markets Authority (CMA) has found that a private hospital group and seven consultant ophthalmologists broke competition law by taking part in illegal price-fixing. Following an investigation by the CMA, Spire Healthcare Limited and Spire Healthcare Group plc has admitted tha
Zumo, the Edinburgh-based cryptocurrency wallet and exchange platform, has taken its first step towards the creation of a seamless fiat-to-cryptocurrency payments system with the launch of a sterling (GBP) functionality, powered by Modulr, the digital payments platform. From mid-July, the partnershi
The business and accountancy profession is facing increasing operational challenges, thanks to the expanding social and economic impact of the coronavirus pandemic, according to the Association of Chartered Certified Accountants (ACCA)'s new global COVID-19 survey.
The Financial Conduct Authority (FCA) has fined Lloyds Bank, Bank of Scotland and The Mortgage Business a total of £64,046,800 for failures in relation to their handling of mortgage customers in payment difficulties or arrears.
The Scottish Government has announced that coronavirus financial help will be expanded to include businesses that share properties, such as indoor markets, and for firms that aren’t on the rates system, such as some bed and breakfasts. The Federation of Small Businesses (FSB) – who led c
Thousands of small businesses say they are firefighting immediate concerns such as cashflow pressures and resuming operations safely ahead of lockdown lift, according to the latest research from Association of Chartered Certified Accountants (ACCA). The partnership study with The Corporate Fina
Dundee-based Alliance Trust Savings (ATS) has been censured by the Information Commissioner over the use of a mobile app which allowed it to access an “excessive amount” sensitive personal data of its employees, The Courier has reported. The Information Commissioner ruled that the financ
Aberdeen Asian Income Fund Limited, a fund managed by Aberdeen Standard Investments, has announced a dividend increase for its stakeholders for the 11th consecutive year. The announcement comes as the fund published its annual results which indicated another positive year for the fund, as its
Glasgow-based McCrea Financial Services has appointed Grant Sneddon to its advisory team with him taking up the new role of independent financial adviser. Mr Sneddon joins McCreas from Policy Services / Virtue Money where he served as a financial adviser. Prior to that, he held senior position
Economy secretary Fiona Hyslop and finance secretary Kate Forbes have written to the UK Government to call for assurances that Scottish companies and workers will not be disadvantaged when decisions are made about scaling back the UK-wide Job Retention Scheme. The letter to Chancellor Rishi Sun
Business angel syndicates in Scotland participated in deals which invested over £100 million in young entrepreneurial companies in the financial year to end March 2020.
Scotmid Co-op has posted strong full-year results with trading profits reaching £5.6 million compared to £5.3m last year. The announcement arrives amid the economic uncertainty of the coronavirus pandemic and in Scotmid’s 160th anniversary year.
Wheatley Group has drawn down £72 million of funding from the European Investment Bank (EIB) – at a highly-competitive rate – to build and improve more homes across Scotland. The funding deal – at a rate of under 1.70% fixed over 22 years – will enable the UK’s la
