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Accountancy and business advisory firm Johnston Carmichael has welcomed 61 students into the firm following growth across the UK. The recruits will be spread across the firm’s offices in Scotland and Newcastle, where Johnston Carmichael recently moved to bigger premises as it grows its head co

Revolut, Chase and Modulr are set to join the 159 short-code phone service available to people who are worried about a potential banking scam. 

Cracking down on insurance fraud remains a top priority for the industry as its latest figures reveal £1.1 billion worth of fraudulent claims were detected last year, up 4% on 2022, according to the Association of British Insurers (ABI). Insurers identified 84,400 fraudulent claims in 2023, 11

From 7 October 2024, victims of authorised push payment (APP) scams will be able to claim a maximum reimbursement of £85,000 for losses incurred through Faster Payments and CHAPS, the Bank of England's Payment Systems Regulator (PSR) has confirmed. This decision by the PSR board reduces t

Scotland's economy saw modest growth of 0.3% in July 2024, outperforming the stagnant UK economy. This follows a revised 0% growth (up from -0.3%) in June, contributing to a 0.3% increase in GDP for the three months leading to July. The manufacturing and information & communications sectors were

August 2024 saw 102 company insolvencies registered in Scotland, 9% lower than the number in August 2023. The total number of company insolvencies was comprised of 56 CVLs, 42 compulsory liquidations, two administrations and two receivership appointments. There were no CVAs.

UK inflation has remained flat at 2.2% in August, despite a significant surge in airfares. The Office for National Statistics (ONS) reported that lower fuel prices and slower increases in restaurant costs offset the rise in flight costs. This news comes as the Bank of England is expected to maintain

Scotland’s commercial property market attracted significantly more international interest in the decade that followed the 2014 independence referendum than it did in the 10 years prior to the vote, according Knight Frank.

Henderson Loggie is calling on the UK government to provide businesses with a clear and comprehensive tax roadmap in the forthcoming budget. As Scotland’s businesses face ongoing economic uncertainty, the lack of long-term tax clarity could hinder strategic planning and investment, according t

Changes in lending practices have seen RSLs move away from their traditionally cautious approach to managing interest rate fluctuations to explore more complex options, writes Derek Hogg. Scottish registered social landlords (RSLs) can be a cautious breed. Indeed, when it comes to exposure

The Forth Green Freeport (FGF) has submitted its full business case to the UK and Scottish governments.

Edinburgh-based Capital Credit Union has praised the impact apprentices are having on the business, as it currently employs four apprentices and is encouraging other organisations to follow its lead. Chief executive Marlene Shiels said: “We’ve been employing apprentices for 10 years

Growth capital investment firm BGF has appointed Gregor Steedman and Michael Berger to its Edinburgh team following strong activity in the region and looks ahead to future deal growth. Mr Steedman joins as an investor, bringing with him a wealth of experience and unique insight. Prior to joining BGF

The HFD Charitable Foundation and Virgin Money Foundation have launched a new fund to support community groups and charities with projects to address digital inequalities in Glasgow and the surrounding area.

SMEs in Scotland have three months left to register a business banking complaint with the Business Banking Resolution Service (BBRS), which is set to close to new registrations on 13 December. The BBRS is a free, independent dispute resolution service for SME customers of Barclays Bank, Danske Bank,