Search: financial focus

Women living or working in Scottish agriculture will benefit from £115,000 of extra funding from the Scottish Government for a wide range of practical training courses including tractor and trailer driving. The financial package, announced by rural economy secretary Fergus Ewing on Intern

Anderson Anderson & Brown (AAB) has announced that partner Brian McMurray will join the firm’s Business Advisory Group in a new role to boost the support it provides to its extensive SME client base. Mr McMurray's new role as business advisory partner follows an unprecedented rise in deman

Lanarkshire-based sausage skin maker Devro has published promising annual results after its underlying profits for 2020 increased by 4% to £40.8 million.

The contactless payment limit in shops is to rise to £100. The Treasury has said that the change from the current £45 limit would make transactions easier than ever and would provide a big boost to the UK's struggling retail sector.

Banks should be encouraged to extend loan repayment periods to help struggling businesses recover from the coronavirus pandemic, according to Benny Higgins, an adviser to the Scottish Government. In September last year, Mr Higgins was asked by economy secretary Fiona Hyslop to provide a review of ho

The Insolvency Service paid out £453.4 million in missing wages and benefits to former employees at firms that went bust in 2020. According to new data released by the government agency, the payments were at the highest levels in a decade, although the various financial lifelines provided by t

Royal Bank of Scotland is launching a new savings competition to help encourage first-time savers. The £1000 competition begins on 1 March 2020 with ten customers each being awarded £1000 for opening an account and saving regularly.

Jim Harra, the chief executive of HMRC, has revealed that he received a call from fraudsters pretending to be the taxman. Mr Harra issued a warning on Twitter revealing that the HMRC had seen an increase in reported scams.

Bank of Scotland owner Lloyds Banking Group is set to cut its space by 20% over the next two years as working from home looks to become a permanent lifestyle change. Lloyds decided to cut its office space after 77% of its 68,000 employees said they wanted to work from home for three or more days a w

UK consumers are set to put away a total of £164 billion worth of savings and investments this year in a sign that coronavirus has permanently changed the nation’s savings habits.

Financial services specialist Caroline Stevenson has joined Burness Paull as head of its dedicated FS regulatory team. The firm said it recruited Ms Stevenson to take advantage of a market in Scotland that has continued to perform strongly throughout the pandemic, but it is facing a new regulatory l

All £8.6 billion of consequential funding guaranteed to the Scottish Government for 2020-21 has been allocated to tackling the pandemic, a new budget update has confirmed.

HMRC has annoucned that over half a million businesses who deferred VAT payments last year can now join the new online VAT Deferral New Payment Scheme to pay it in smaller monthly instalments.

HSBC is set to cut its office space by nearly half over the next few years in anticipation of the long-term workplace changes caused by the COVID-19 pandemic. The bank, which is Europe's biggest, will abandon 40% of its offices in London and other cities around the world but keep its headquarters in

Dundee-based accountancy firm MHA Henderson Loggie has revealed its predictions for the upcoming budget and its impact on businesses across the UK. The budget announcement on March 3 will finally reveal how the chancellor is going to tackle the tangle of financial challenges brought about by a