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Mark McCluskey Scottish companies may face serious tax and accounting implications for their businesses if they do not act immediately to implement the new FRS102 accounting standard, according to accountants BDO LLP.

Scots are likely to spend upwards of £20 million on Christmas jumpers this year, according to new research. Love Your Clothes, an organisation that “aims to raise awareness of the value of clothes” claims that nearly a third of Scots, despite admitting to owning at least one Christmas jumper al

Crickhowell Business in a small Welsh town people are joining forces to use the same accountancy loopholes used by huge multinationals to avoid the taxman as part of a BBC experiment.

British retailing giants have warned stores could be forced to shed jobs in Scotland unless business rates are overhauled. Boots, Marks & Spencer and John Lewis are among more than 40 firms and business organisations that have called on the Scottish Government to reform non-domestic business rat

Aberdeen Asset Management, Standard Chartered’s second largest shareholder, has said it will back the bank’s $5.1billion (£3.2bn) rights issue. Shares in Standard Chartered fell sharply yesterday after the Asia-focused UK bank said it would raise $5.1bn (£3.3bn) and cut 15,000 jobs by 2018.

Publicly funded economic development agency Scottish Enterprise is to impose severe wage cuts of about 10 per cent on thirty of its staff just weeks after the majority of workers, and highly paid directors scooped above-inflation pay rises. Several senior members of Scottish Enterprise’s leadershi

Aberdeen accountants Anderson Anderson & Brown has become a WorkflowMax certified advisor, one of the first in Scotland. WorkflowMax, owned by accounting software firm Xero, is a subscription and cloud-based job management software program that enables service businesses to manage jobs more easi

A restored, historic former Glasgow shipyard head office is to open its doors along with a host of other projects that have benefited from loans supplied by the ethical Charity Bank. The Fairfields building in the city’s Govan Road, which was restored with help of the Charity Bank, will be among t

Euan Bell of Ultimate Finance Scottish construction firms are being encouraged to use outstanding invoices as leverage to help generate more funding.

https://www.youtube.com/watch?v=HSLtwUbv3xE Scottish inventor Garry Stewart is celebrating an astonishing response on crowdfunding site Kickstarter for his LooBlade, a 'revolutionary' product designed to replace the traditional toilet brush.

The Scottish Dairy Brand has been officially launched to the International Market at the Anuga food and drink trade show in Cologne. The brand and its marque, which were unveiled by First Minister Nicola Sturgeon at the Royal Highland Show earlier this year, have been developed to raise the profile

The contents of a leaked internal Treasury report has revealed that officials within Whitehall believe that legalising cannabis could generate hundreds of millions of pounds a year in tax and cut costs for the police and prisons. The report, obtained by the BBC's programme Newsnight, said regulating

Bank of Scotland has unveiled its first polymer banknote, a limited edition fiver which will be going under the hammer to raise money for BBC Children in Need.

John Allan Following the recent announcement by the UK Government of a new National Living Wage for the over 25s, many small and medium-sized businesses are planning to slow job creation, raise prices or postpone or cancel planned investments to compensate for the higher statutory rate, a survey of

Edinburgh-based Standard Life Investments has shown confidence in the prospects for commercial property markets in the UK by lining up is eying the purchase of a £165 million portfolio of assets through its Property Income Trust. The £250m Trust managed by SLI, the investment arm of insurance gian