Search:

Salaries have been frozen and pay rises have been delayed ahead of the rise in employers’ National Insurance Contributions (NIC), which came into force on Sunday, a new survey has found. Nearly half of Scottish businesses (44%) have taken action on pay since the October Budget to prepare for t

Scottish Business Minister Richard Lochhead has embarked on a visit to China and Japan to strengthen economic, social, and cultural links, reinforcing that Scotland is open for business. During the trip, he will engage with government officials, potential investors, and key companies. The Minis

Scotland's First Minister, John Swinney, has highlighted Scotch whisky's role as a "passport to attract international investment" during a visit to New York. Concluding a trip focused on promoting Scottish trade, Mr Swinney chaired a roundtable discussion with representatives from the Scotch Whisky

Financial mutual Scottish Friendly has agreed a deal to acquire pension and annuity in payment books of business from Fidelity International. The acquisition consists of a block of unit-linked Section 32 pensions business comprising £2.16 billion assets under management (AUM) across 76 origina

A new service that allows individuals to verify their identity directly with Companies House has been launched. The introduction of identity verification is one of the key changes to UK company law under the Economic Crime and Corporate Transparency Act 2023.

The Bank of Lithuania has imposed a €3.5 million (c. £3m) fine on Revolut for deficiencies in its anti-money laundering (AML) processes, marking the UK-founded fintech's largest financial penalty to date. The Lithuanian central bank, which oversees Revolut's European banking operations al

Al Denholm, chief executive officer of the Scottish National Investment Bank, has announced his intention to retire later this year, concluding a 40-year career in finance. Mr Denholm will remain in his post for at least a further six months until a successor is appointed to ensure a smooth leadersh

The Financial Reporting Council (FRC) has fined EY nearly £4.9 million for "serious" breaches of standards in its audits of the failed travel company Thomas Cook. The penalty concludes a near six-year investigation into the firm's work on Thomas Cook's accounts for the financial years 2017 and

March’s Royal Bank of Scotland UK Regional Growth Tracker showed improved business growth in more regions of the UK at the end of Q1 – but the majority are still being affected by wider economic uncertainty. The Tracker – which surveyed businesses operating in the manufacturing and

A quiet revolution is taking place across the accounting profession as record numbers of qualified technical accountants are rejecting traditional employment in favour of establishing their own practices.  AAT's (The Association of Accounting Technicians) licensed accountant population –

Speedy Gonzalez has been caught with an enormous haul of stolen supermarket goods, police say. A local police department in the US state of Georgia went viral after announcing the arrest and charging of a 40-year-old man seemingly named for the world-famous cartoon character.

Surveyors in Scotland report that house prices rose through the first quarter of 2025 according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey, showing a more resilient upward trend than all other UK regions aside from Northern Ireland. According to the lates

An East Renfrewshire business has seen its turnover double after accessing support and signposting to £10,000 of grant funding from Business Gateway. Founded by Saffron Grant in 2009, Setting Out for Construction is a specialist civil engineering training organisation dedicated to increasing t

Nikhil Rathi has been reappointed as chief executive of the Financial Conduct Authority (FCA) for a second term.

SportsPro, an Edinburgh-based provider of pro and amateur sportswear, has secured a £750,000 growth loan from the British Business Bank’s Investment Fund for Scotland, via appointed Fund Manager, The FSE Group. The funding will enhance SportsPro's brand development, marketing efforts, an