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The Consumer Prices Index has risen to 10.1% in the 12 months to July, the highest it has been since 1982. A 0.6% increase from 9.4% in June, now the highest level of inflation in 40 years, has surpassed economists' forecasts of 9.8%, worsening the cost of living crisis. Some experts speculate the B

High street banks in the UK have failed to mirror the Bank of England's latest interest rate hike to millions of savers, with customers stuck with rates as low as 0.01%. The UK's ten largest banks have still not increased rates on their easy access savings accounts after the 0.5% increase in the bas

abrdn Group's Murray International Trust Plc has released its interim results, reporting a net asset value total return of 3.8% for H1 2022.  The £1.77 billion fund focuses on long term growth in dividends and capital ahead of inflation by investing principally in global equities.

Employees at stricken McGill, the Dundee-based contractor, have contacted our sister publication Scottish Construction Now to raise concerns over their pensions - alleging that pension contributions deducted from some employees' wages have not been paid into the designated pension fund and clai

The Financial Reporting Council (FRC) has launched a consultation on its draft proposals for how the new regulator, the Audit, reporting and Governance Authority (ARGA), should be funded.This follows the Government Response to its consultation on Restoring Trust in Audit and Corporate Governance, wh

Fast-growth businesses in Scotland attracted over half a billion pounds of venture capital (VC) investment in the first half of 2022, according to the latest figures from KPMG UK. Despite investors becoming more cautious globally, there were 45 investments completed in Q2 2022, raising over &po

Women’s pensions at retirement are half the size of men’s, £12,000 versus £26,000, regardless of the sector they work in, according to new research from Legal & General.

A total of 24 projects from across the country have been awarded funding of £110,000 to promote and showcase quality regional produce.

Aquarium employees have been facing difficulties dealing with picky penguins refusing to eat cheaper fish.

University of Edinburgh’s Bayes Centre has launched their annual EIE Scottish Startup Survey today with the aim of gathering data on investor engagement, growth strategy, economic outlook, Scottish ecosystem support, hiring plans, returning to the office and new ways of working post-pandemic.

New measures to stop rip-off agents taking advantage of people and pocketing their tax repayments have been proposed by HMRC. HMRC today launched a 12-week consultation “Raising standards in tax advice: Protecting customers claiming tax repayments” to consider ways to better protect taxp

Research from Grant Thornton UK's latest Business Outlook Tracker shows that over half (52%) are finding it harder to operate their business today, compared to 12 months ago. To manage cost pressures, 61% of respondents said that their suppliers have agreed to more flexible (longer) payment terms, a

The tax paid by residential property owners in Scotland has risen by more than a third over the last three years compared to the same pre-pandemic period according to DJ Alexander Ltd. The firm said that the amount of land and buildings transaction tax (LBTT) collected has increased by 36.3% over th

The co-founders of tech firms Freeagent and Made.com will share their secrets of success at an entrepreneurs’ investment summit being held in Glasgow next month. Ed Molyneux, who was the CEO of accounting software firm Freeagent, and Julien Callede, the former COO of online furniture retailer

Caledonia Housing Association has secured a uniquely structured £75 million Private Placement, with support from NatWest, to further its commitment to both building sustainable housing and becoming a carbon-neutral organisation. Caledonia intends to use the proceeds from the transaction to con