The number of growing UK sectors held steady in March, according to the latest Bank of Scotland UK Sector Tracker. Compiled using exclusive PMI survey data from around 1,300 private sector companies (between 12-27 March), the report shows that four sectors saw output growth, the same number as in Fe
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A pet shop owner has condemned a couple caught on CCTV stealing birds by shoving them down their trousers. The couple entered Paradise Pets in Swindon last week and allegedly stole four canary birds.
The Financial Reporting Council (FRC) has launched an investigation into EY's audits of the Post Office for the financial years 2015 to 2018. The probe stems from the ongoing fallout of the Horizon IT scandal, which saw hundreds of sub-postmasters wrongfully convicted based on faulty software data.
PwC has withdrawn from over a dozen countries, severing ties with member firms deemed too small, risky, or unprofitable as the accounting giant seeks to avoid further scandals. Most recently, the Big Four firm ended its relationship with 10 member firms across francophone Africa. This followed discu
The UK government's shareholding in NatWest Group has fallen below 3%, marking a significant milestone in returning the bank to full private ownership following its £46 billion bailout during the 2008 financial crisis. The Treasury's stake, now at 2.99%, has been reduced through an ongoing tra
Clean technology firm H2CHP has received £800,000 in new funding from TRICAPITAL Angels and Blackfinch Ventures to advance its innovative free-piston engine designed to help decarbonise the shipping sector. This latest investment brings the total raised by the company to nearly £4 millio
Edinburgh's Smart Data Foundry has launched the Economic Wellbeing Explorer, a platform offering unprecedented insight into financial hardship across Scotland. Using near real-time data from 5.3 million bank accounts, the Explorer tracks economic resilience and wellbeing at national, regional, and l
A new Scottish energy transition hub is set to launch in Abu Dhabi – the centre of the United Arab Emirates' (UAE) energy sector. The hub will support Scottish companies working in the clean energy sector and provide them with direct access to the substantial UAE market.
Gold prices surged to a new record high on Wednesday, breaking the $3,300 (c. £2,493) per ounce barrier.
A distinctive Arts and Crafts bracelet by renowned Scottish jeweller Sibyl Dunlop (1889–1968) has sold for more than triple its £8,000 estimate at auction.
The Scottish Government's recent commitment to raise the charity audit income threshold from £500,000 to £1 million marks a significant shift in the regulatory landscape for Scottish charities. This change, set to take effect with the introduction of new Charities Accounts (Scotland) Reg
Glasgow-based artificial intelligence (AI) specialist FD Intelligence has secured £200,000 in funding from UKSE, a subsidiary of Tata Steel, to accelerate its growth within the financial services sector. Founded in 2021, the Finnieston firm initially offered consultancy before developing its o
Sole traders and landlords with qualifying income exceeding £50,000 will face a significant change in tax reporting from next year, with the mandatory implementation of Making Tax Digital (MTD) for Self Assessment. Under the new system, affected individuals must maintain digital records using
A £1.7 million project to help businesses grow in Shetland secured up to £486,956 investment from Highlands and Islands Enterprise (HIE). Whiteness-based building firm, G A Leask Builders has purchased a large warehouse in Lerwick. A project to convert the premises into four units is und
Experienced commercial and banking lawyer Jamie Apted has joined Aberdein Considine as a partner in their Legal 500 Tier 1-ranked Lender Services team. Jamie, who will be based in the firm’s Caddell House offices on Glasgow’s Waterloo Street, joins from the London Metal Exchange, having