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Scottish school children will be encouraged to manage their money from an early age through a new Junior Savers Scheme. Credit unions will be able to bid for a share of £300,000 Scottish Government funding to develop savers schemes in schools across the country next year.

The value the finance function delivers to an organisation is changing fast and this will have a significant impact on resource planning, day-to-day operational finance, business and financial analysis, innovation and information and systems, according to Finance 2020: closer than you think, a new r

Jann Brown One of Scotland’s leading chartered accountants is to become senior independent director of Aberdeen-based off-shore giant Wood Group.

New data has shown that last month saw Scotland enjoy the sharpest rise in the number of people placed in permanent jobs since last July. A survey by financial information services firm Markit found salaries also picked up in February amid a stronger rise in demand for staff.

Edinburgh-based challenger bank Virgin Money has today reported a 53 per cent rise in underlying profits for 2015 to £160.3m. The result marks a strong performance for the lender, which employs 200 at its headquarters in the Scottish capital, in its first full financial year since listing on the st

John Swinney The Scottish Government has recommended that the Scottish Parliament consents to the Scotland Bill.

Donald Barlow Wealth management firm, Anderson Strathern Asset Management, has announced the appointment of Donald Barlow to its investment team.

Increased turnover and profits at Aberdeenshire-based ice cream maker Mackies will see staff bonuses of 10 per cent paid to the firm's 66 employees. The company, which has 20 per cent of the Scottish ice cream market, highlighted new sales in Taiwan and growth in business with Costco in South Korea

Accountancy firm RSM is advising businesses to pay their VAT on time after a Tax Tribunal ruled that a six figure fine imposed for missing a VAT payment by one day was ‘proportionate’. Blue Ocean Associates Limited appealed to the First Tier Tax Tribunal after being hit with a VAT default surcha

Plans for a new Scotland-wide housing initiative that could help deliver thousands of purpose-built homes for private rent have been unveiled by social justice secretary Alex Neil. The Private Rented Sector (PRS) Rental Income Guarantee scheme would see the Scottish Government sharing a proportion o

Craig Whyte, Gavin Hood (head of advisory corporate finance at Deloitte in Scotland), Colin Tait and Robbie Glass Deloitte in Scotland has announced the appointment of a specialist team of business valuers, which it says gives the business advisory firm a unique proposition for clients north of the

Fraser Sutherland Private parking firms in Scotland are passing outstanding parking tickets on to debt collection agencies, resulting in more Scottish car owners being threatened with court action over disputed charges, according to Citizens Advice Scotland.

The City of Edinburgh Council has made considerable progress towards balancing its books, according to the Accounts Commission. The local authority watchdog raised significant concerns in December 2014 over the council's financial position, including a £67 million gap in savings required to meet fu

William Hobbs In a week when trade body Oil and Gas UK published a report warning that the entire North Sea energy industry was “on the edge of a chasm”, a top banker has told an audience in Britain’s oil capital of Aberdeen that prices are on their way up and that there is no new financial cr

Edinburgh-based Lloyds Banking Group, rescued during the financial crisis at a cost of £20.5 billion to UK taxpayers, increased full-year underlying profits by 5 percent to 8.1 billion pounds last year, it said today. However, the bank also reported a 7 per cent fall in annual pre-tax profits to £