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Most of Scotland’s 32 councils are increasingly relying on money from reserves to keep up with demand for services and balance their budgets, with financial pressures likely to get worse, according to the Accounts Commission. A report today from the local government watchdog found that while d

A prominent barrister has sold 7,000 bottles of wine from his private collection for £8 million at auction.

Edinburgh-based Cyan Forensics has secured £1.3 million in funding from Triple Point Investment Management, Mercia, SIS Ventures, the Scottish Investment Bank and private investors. Cyan Forensics' digital analysis tool can find terrorist handbooks or child sexual abuse material on devices wit

The highest earners in Scotland will pay less tax than their counterparts in the rest of the UK under Jeremy Corbyn's plan for government, a new analysis by the Fraser of Allander Institute has found. The economic research institute which is based at the University of Strathclyde has carried out an

Understanding the complex UK tax system is hard as it is, but when you layer on the interaction with the devolved administrations, the task gets even harder for Scottish voters. RSM’s Shirley McIntosh unpicks the manifesto claims with a Scottish lens. We have often mentioned the complexity of

A French cattle farmer has been fined €6,000 because of the smell of dung and hay on his farm.

The Royal Bank of Scotland (RBS) could face a multi-million payout over its refusal to distribute successful payment protection insurance (PPI) mis-selling claims to those who have been insolvent. The potential multi-million-pound payout comes after judges at the Court of Session threw out an appeal

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have decided to ban and fine Stuart Malcolm Forsyth, the former CEO of Scottish Boatowners Mutual Insurance Association (SBMIA) £78,318 and £76,180 respectively. The regulators found that between February

KPMG has launched a nationwide search for Scotland’s most innovative, growth-hungry tech pioneers, who could win the chance to pitch their business to a global audience at the Mobile World Congress in Barcelona. The firm’s annual Best British Tech Pioneer competition, now in its sixth ye

Over a third of female entrepreneurs in Britain are not saving any money for retirement, a new report by Scottish Widows has found.

MHA Henderson Loggie has been appointed to wind up Gorgie City Farm, the Edinburgh charity which promotes environmental sustainability, community development and social inclusion by providing volunteering opportunities and support to disadvantaged young people and adults. Shona Campbell of MHA Hend

Dave Smith, tax manager at Meston Reid & Co, has urged contractors to seek IR35 advice now and not wait until 2020 to do so. In just a few months from now, new employment tax legislation is due to come into effect for medium and large businesses that engage contractors who operate through an int

Two former administrators of Rangers Football Club Plc who are suing the chief constable of Police Scotland and the Lord Advocate for £14 million in damages over their alleged “wrongful arrest, detention and prosecution” have successfully challenged a decision that Scotland’s

More than £32 million of Venture Capital (VC) was invested into Scottish start-ups in the third quarter of 2019, according to KPMG’s latest Venture Pulse survey. The figures, compiled by Pitchbook, reveal that both deal volume has dipped slightly, from 16 deals in the previous quarter, t

The Association of British Insurers (ABI) is urging the government in its forthcoming budget due to cut the rate of Insurance Premium Tax (IPT) to ease the squeeze on families and businesses who do the right thing by taking out insurance. The standard rate of IPT has doubled since 2015, most recentl