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The Scottish Government has lent a total of £10.8 million to the embattled state-owned Glasgow Prestwick Airport in Ayrshire. The figure was included in a new annual report that showed the airport's losses increased from £3.9 million in 2013/2014 to £4.1 million in 2014/15, raising questions abou

Drivers who are charged unfairly by private car parks have grounds for legal challenge — according to a new legal opinion obtained by Citizens Advice Scotland (CAS), and published today. CAS has been campaigning on the issue since last year, when the It's Not Fine campaign found that many Scots ar

The replacement of the bank levy with an eight per cent profits tax will have a substantial impact on the sale of Clydesdale Bank, according to a Commonwealth Bank of Australia (CBA) analyst. National Australia Bank (NAB), owner of Clydesdale Bank, plans to demerge the Glasgow-based institution, han

Average rents in Scotland reached a new peak in May, according to the latest Scotland Buy-to-Let Index from Your Move. The report by one of Scotland’s largest lettings agent networks said the average Scottish rent reached an all-time high of £544 in May 2015, an increase of 1 per cent on the prev

Scotland is becoming increasingly generous, according to new research which shows Scottish consumers are anticipating a 5 per cent increase in spending on gifts this year. In 2014, the average Scot spent £466.50 on presents outside of birthdays and Christmas - but, according to the One4all Gift Car

Latest data has revealed current accounts have this year overtaken mortgages as the number one target for Britain's financial fraudsters. According to monitoring company Experian, 0.89 per cent of applications for UK current accounts came from criminals during the first quarter of 2015.

Brian Ashcroft One of Scotland’s leading economists has described as a “red herring” claims made by the SNP that “full fiscal autonomy” can deliver such growth that the process would require neither tax rises nor spending cuts.

Aberdeen City Council has improved how it is run in recent years and has plans for further changes but a great deal more work is needed to deliver these, according to the Accounts Commission. A new report out today examines progress at the council following changes in management structures and polit

The amount of time UK workers spend dealing with customers outside traditional office hours has increased by more than 41 per cent over the past three years, meaning the working day now begins at 8am and runs until 8pm, according to new research. The death of the ‘9-to-5’ was revealed by a recen

More than 6,000 Scots students are among almost 32,000 students across the UK who are currently using payday loans to make ends meet. According to the Unite Students Insight Report: Finance, the number of Scottish students who are using the controversial loans, that can charge APR rates of up to 1,5

Amazon has faced similar criticism in the United States. Online retail giant Amazon has sparked renewed anger after it emerged that the group’s UK business paid just £11.9 million in tax last year on UK sales of £5.3billion.

Edinburgh-based insurance giant Standard Life has announced that it is to close its business in Singapore taking a £45 million hit in the process. In a stock exchange announcement, SL said its insurance business in Singapore would no longer accept new applications or contributions to existing plans

Ian Naismith Scottish Widow's annual report on the retirement market has shown pension saving at the highest level it has ever seen.

Chris Horne Independent Scottish accountancy firm Campbell Dallas has scooped a double win at the annual Scottish Accountancy & Finance Awards 2015.

The gap between Scotland’s most wealthy and most poor is widening, according to two of the country’s leading economists. Stirling University’s David Bell and David Eiser, both fellows of the Centre on Constitutional Change, conducted research on behalf of the David Hume Institute.