TSB has warned of a rise in cost-of-living scams, as accompanying research revealed that a £500 fraud loss would leave three fifths of households struggling to afford food for over a week.
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Aberdeen-headquartered payroll and employee mobility specialist activpayroll has seen its revenue rise by 27%, reaching £35.7 million in 2020/21. Serving over 1200 customers in 154 countries across the globe, activpayroll offers a range of services under the three key pillars of Global Payroll
According to new data from Lloyds Bank, 9 out of 10 in-person transactions are now made with contactless, a rise from 65% to 87%. In April 2020 – during the pandemic – the contactless limit was increased from £30 to £45, rising to £100 in October 2021. These higher limi
New data has shown that the average amount owed to small businesses in late payments has risen to £22,700 in May 2022, up from £21,400 in 2021, according to Intuit QuickBooks late payments bulletin. This is a 6% year on year increase and the almost £23k average works out to 65
The number of alleged fraud cases exceeding £100,000 has risen dramatically in the first half of 2022, according to KPMG UK’s latest fraud barometer. A total of 14 cases with a total value of £14 million reached Scottish courts in the first six months of the year &nd
The UK construction sector is set to face the spectre of increased insolvency, exacerbating price rises while rivalling inflation as a threat to successful project delivery, Turner & Townsend has warned. As inflationary pressure persists, the global professional services business’ latest U
Diageo's interim results reported an 18.4% rise in pre-tax profit to £4.4 billion and net sales reached £15.5bn for H1. The growth in profit and sales is largely attributed to price increases and to consumers shifting away from wine and beer opting to buy more premium spirits -
Shepherd and Wedderburn has reported a 3% rise in net profits, reaching £26 million, in the year to 30 April 2022. The law firm revealed that in addition to its performance-related bonus scheme, colleagues will receive an exceptional bonus of 5% of annual salary.
A cannabis farm in Wishaw was raided after police caught a whiff of its distinctive smell — from their police station next door.
Households still £1,328 worse off after inflation despite NI threshold hike, warns Scottish Friendly
The rise in the National Insurance threshold to £12,570 announced by the UK Government won't help lower-income households, despite some headline savings on contributions, according to Kevin Brown, savings specialist at Scottish Friendly. Mr Brown highlighted that average income households are
The number of UK consumers who have adopted a more sustainable lifestyle has risen in the past year, but cost is proving to be a barrier for those wanting to make more sustainable and ethical purchasing decisions, according to new research from Deloitte. According to Deloitte’s Sustainable Con
Retail sales volumes fell by 0.5% in May 2022 following a rise of 0.4% in April, according to the latest figures published by the Office for National Statistics (ONS). However, sales volumes were 2.6% above their pre-coronavirus (COVID-19) February 2020 levels.
The Financial Conduct Authority (FCA) is today writing to more than 3,500 lenders to remind them of the standards they should meet as consumers across the country are affected by the rising cost of living. With household bills expected to continue to rise into the autumn, it is important that firms
No available new office space is currently under construction in Edinburgh despite a strong rise in demand from occupiers as they return to the workplace, threatening the city's economic growth, Knight Frank has said. The independent commercial property consultancy said there is now new build office
Over three fifths (68%) of small and medium-sized businesses (SMEs) in Scotland are expecting to see revenues rise this quarter when compared to the same period last year, according to the latest quarterly Barclays SME Barometer. On average, Scottish SMEs expect to see a 10.4% rise between the month
