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Energy regulator Ofgem has today announced that the price cap for energy bills will increase to £3,549 per year for dual fuel for an average household from 1 October 2022, an 80% increase on February’s price cap. Ofgem said the increase reflects the continued rise in global wholesal

A £15 per hour minimum wage would impact half of full-time workers across Scotland, according to the Trades Union Congress (TUC). In a report published earlier this week, the TUC detailed the path to a £15 minimum wage and called on the government to work with the Low Pay Commission (LPC

Restructuring and insolvency specialists Dunedin Advisory discuss the issues surrounding cash stuffing.

More than two thirds (63%) of Scottish small and medium-sized enterprises (SMEs) saw revenue increases in the second quarter of this year against 2021, compared to 55% UK wide, according to the latest quarterly Barclays SME Barometer.

Farmers across the UK have seen the costs of running their businesses soar over the past 12 months, with new research from NatWest revealing that 99% have seen at least one routine expense rise above the general UK CPI inflation rate of 9%.

Pub landlords throughout the UK have warned that they face an “extinction-level event” this winter amid skyrocketing energy costs.

A wine seller who allegedly sold millions of bottles of cheap wine disguised with counterfeit labels from more prestigious regions will appear in court next month. Felipe Gimenez, owner of Tarragona wine company Reserva de la Tierra, has been summoned before a judge to answer charges of fraud, misle

Despite rising economic concerns, 93 new businesses were created every hour across the UK in the first half of 2022, according to research by business lender iwoca.

Alan McIntosh, managing director of Advice Talks Ltd, which operates the www.advicescotland.com website, is calling on money advisers to think differently about the energy debt crisis. As we all sit on a precipice waiting to find out how much the energy price cap will rise by in October, and whether

The Co-op has pledged to help disadvantaged or isolated communities avoid becoming “cash deserts” by offering to counter high street bank closures and the rise of cashless retailing. The convenience retailer said it will offer free ATMs in every store where possible, and if not offer fre

The last Domino's locations in Italy have now been closed after the country's franchise operator ePizza SpA filed for bankruptcy. The firm operating the brand's Italian operations was forced into insolvency after being unable to recover from the effects of the pandemic. The company initially filed f

UK mutual insurer Royal London has announced profits of £109 million for H1 2022 in its interim results. The rise in operating profits before tax is an increase of 36.25% from £80m (H1 2021) and comes after 140,000 new pension policies were taken out by customers in the first half of the

A report has revealed that the over-50s are being hit hardest by the current financial crisis and could face a lifetime of financial insecurity. According to the report, economic inactivity rates have risen a third amongst the over 50s since 2019, and people aged 50-54 face double the financial vuln

Bancon Group has bounced back from the pandemic with a 1,250% boost to pre-tax profits, rising from £200,000 to £2.7 million in the latest financial year. The Aberdeenshire housebuilder and construction group saw its turnover rise by £40 million on the previous year to reach £

NatWest released its H1 results today reporting an operating pre-tax profit of £1.4 billion.