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Nearly half (47%) of all grandparents investing for their grandchildren have increased their contributions over the last 12 months, new research from Scottish Friendly reveals. The increased levels of investment have been sparked by the onset of the COVID-19 pandemic and grandparents' desire to help

Scotland’s construction sector could see a high risk of business closures with the expiry of temporary measures introduced under CIGA (Corporate Insolvency and Governance Act 2020) and the removal of financial support schemes such as Furlough, both due to end on 30th September, a construction

NatWest Group and the Sustainable Food Trust (SFT) are to join forces for the next two years to support the development of a common framework of farm sustainability metrics and an accompanying assessment tool that will enable farmers to measure their environmental and social impact and give them act

The Scottish Government has spent more than £1 million on the litigation involving the collapse of Rangers Football Club, a freedom of information request has revealed. The figure is part of a total of more than £5.8m the government has paid in legal fees over the past five financia

Independent accountancy and business advisory firm Johnston Carmichael has made seven director promotions across five of its service lines, to further strengthen its senior team. The firm, which is part of the PKF International network, has made 78 promotions to date in 2021.

David McGinness, a director in the Insolvency team at Scottish mid-tier chartered accountancy firm French Duncan, has obtained his Insolvency Practitioner Licence. Based in the firm’s Glasgow office, Mr McGinness, French Duncan’s Restructuring and Debt Advisory Director, has more than 10

New data published today by the British Business Bank has revealed that businesses across Scotland received a total of over £4bn in funding under the government’s two largest Covid-19 loan schemes, the Coronavirus Business Interruption Loan Scheme (CBILS) and the Bounce Back Loan Scheme

A review of 18 fund managers between July 2020 and May 2021, covering different business models and sizes, found most had not implemented Assessments of Value (AoVs) arrangements that met Financial Conduct Authority (FCA) standards. The financial regulator requires Authorised Fund Managers (AFMs) to

The Royal Bank of Scotland is launching a new series of money workshops aimed at parents of toddlers and primary school pupils.

The average residential property price in Scotland has increased by 92% since the start of house price data from Registers of Scotland (RoS) in 2003-04.

Kris Barclay has joined Seven Investment Management (7IM) as head of private clients, Edinburgh, bringing more than 20 years of industry experience to the role. Mr Barclay will be responsible for leading 7IM’s Private Client proposition in Edinburgh and Scotland as well as continuing to work d

Reports of HMRC-branded phishing scams have jumped by 87% in the last year, from 572,029 to 1,069,522, according to official figures. The data, obtained by accountancy group Lanop Outsourcing under the Freedom of Information (FOI) Act, analysed data over the three most recent financial years (April

Menzies Distribution, a spin-out of Edinburgh-based John Menzies, has secured a new £14 million term loan with Royal Bank of Scotland. The new loan, together with existing cash funds, has enabled Menzies to refinance its recent short-term debt used to fund the acquisition of Bibby Distribution

Edinburgh-based fintech company Aveni has secured an investment of £1.1 million led by the TRICAPITAL Angel syndicate to launch a ground-breaking Artificial Intelligence (AI) platform which is leading the way in a new era for speech analytics in business. Aveni Detect uses the latest advances

TSB is preparing to stop its customers from sending money to cryptocurrency trading sites such as Binance and Kraken due to concerns over high levels of fraud. According to The Times, TSB believes fraudsters are being allowed to establish e-wallets and steal money from traders due to weak security c