Search: financial focus

Citizens Advice Bureaux (CABs) and associated national services returned £170 million to people in Scotland in 2019/20, according to new annual figures. The additional funds, an increase of around £40 million on the previous year, took the form of social security payments, employment ent

Glasgow City Council has approved funding of £1.2 million to deliver improvements to Tradeston Bridge and the public realm at Tradeston.

Anderson Anderson & Brown (AAB) has announced that John Black will retire as partner at the end of December. Mr Black has spent over 25 years at AAB, including leading the audit division for over seven years. As well as advising on audit, assurance and financial reporting matters, he also a

MIME Technologies, a med-tech spin-out from the University of Aberdeen, has secured up to £161,000 of funding from Highlands and Islands Enterprise (HIE).

First Minister Nicola Sturgeon has announced two new incentives to increase apprenticeships and create opportunities for young people, including a £25 million support package. Recognising the challenging circumstances for employers as a result of coronavirus, and the impact on opportunities fo

Anderson Anderson & Brown (AAB) has ranked top in the Scottish listing of Experian's United Kingdom and Republic of Ireland M&A Review. AAB held its previous rank of 1st place having advised on 13 deals, making it the most active financial adviser in the year to date.

A new economic study by Irwin Mitchell and the Centre for Economics and Business Research (Cebr) has shown Edinburgh survived the impact of COVID-19 better than most UK cities, but that by the end of next year, may be among the slowest growing in terms of output.

An additional £11.8 million is being made available to help Scottish businesses take advantage of digital technologies to improve their productivity, increase their resilience and create new market opportunities. As part of the Scottish Government’s support for economic recovery, the fun

HM Revenue and Customs (HMRC) and the Advertising Standards Authority (ASA) have launched new action to cut out misleading marketing by promoters of tax avoidance schemes. The joint enforcement notice aims to disrupt the activity of promoters and protect people from being presented with misleading a

The Scottish Hospitality Group is calling for the Scottish Government to unequivocally promise that pubs, bars and restaurants won’t be faced with an unfair festive hangover due to the relaxation in lockdown rules.

Derek Money, head of sales at White Oak in Glasgow, says that now is the time for businesses in Scotland to take advantage of the coronavirus Business Interruption Loan Scheme (CBILS) and look towards growth in 2021. Scottish businesses have shown their true spirit during what has been the most chal

Orkney’s first street food outlet has been launched by local entrepreneurs following start-up support from Business Gateway. Founded by Kit Bichan and Daniel Gould, Orkney Street Food Beiting and Brew offers restaurant-quality food and coffee, using the best of local produce to create a fortni

UK business owners and senior executives are preparing to sell takes in businesses in anticipation of a potential increase in capital gains tax next year. Earlier this month, Scottish Financial News reported that Chancellor Rishi Sunak is considering proposals by the Office of Tax Simplification (OT

Audit firms have implemented additional measures to enhance their evaluation of companies’ going concern assessments since the start of the coronavirus pandemic, according to a review of completed audits by the Financial Reporting Council (FRC). The FRC reviewed a sample of eleven audits

Chancellor Rishi Sunak must avoid a knee jerk reaction to tax increases according to property management firm Apropos by DJ Alexander. The UK-wide letting firm, believes that the widely trailed increases to capital gains tax (CGT) will have an unprecedented negative impact upon the private rented se