Yesterday, Chancellor Rishi Sunak delivered his first Budget for 2020/21 in the House of Commons. The budget took into account the economic impact of the recent COVID outbreak and contained measures to mitigate any problems stemming from this.
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House prices in Scotland rose for the sixth consecutive month, but new buyer enquiries softened after strong growth in January, according to the February 2020 RICS Residential Market Survey.
Dundee-based investment company Alliance Trust has posted its annual results which reveal the company's outperformance in 2019. The Trust’s Total Shareholder Return for 2019 was 24.3% (2018: -6.1%) and the Trust’s Net Asset Value (NAV) Total Return1 was 23.1% (2018: - 5.4%) versus 21.7%
Eagle-eyed shoppers will start to see the new £20 Bank of Scotland polymer note as it officially enters circulation.
Holyrood’s Finance and Constitution Committee has called upon the Scottish Government to adopt a more strategic approach to budgetary management.
Mid-market private equity investment in Scotland remained resilient throughout 2019 despite ongoing political and economic uncertainty, according to new research from KPMG. A total of 32 Scottish deals were completed over the course of 2019, down from 34 in 2018. While only representing six per cent
Scottish-based cashless online group collections company GiftRound has launched a £75,000 crowdfunding round to scale up and help disrupt the way people ‘group collect’ for gifts.
Edinburgh-based investment firm Equity Gap invested £3.9 million last year in what the firm's directors hailed as a "strong performance".
UK private equity (PE) deal volumes fell to their lowest levels in five years as economic and geopolitical uncertainty gripped the market, according to new research from KPMG. KPMG’s latest study of UK transactions involving private equity investors indicates that a total of 978 deals complete
The Financial Reporting Council (FRC) has today launched a consultation on revised auditing standard for identifying and assessing risks of material misstatement. The FRC’s changes reflect revisions made by the International Auditing and Assurance Standards Board (IAASB) and are designed
The Association of British Insurers (ABI) is urging the government in its forthcoming budget on 11 March to cut the rate of Insurance Premium Tax (IPT) and ease the squeeze on families and businesses who do the right thing by taking out insurance. The government currently earns more from IPT than it
Santander announced last week that it will slash the interest rate it pays to customers for its 123 current account from 1.5% to 1%.
Kinloss-based Wooha Brewing Company has launched an ambitious £600,000 crowdfunding campaign to help achieve its international expansion goals.
The UK House Price Index released today by the Office for National Statistics (ONS) has revealed that Scotland’s house prices are rising faster than in England.
Greater clarity is needed around the core functions and finances of the Scottish Police Authority (SPA) so that it can build a modern and financially stable police service, the Auditor General has said. A report from the Auditor General highlights some progress over the last year amid a raft of
