Search: financial focus

Aberdeen City Council is seeking damages from US sportswear brand Under Armour after a local government pension fund lost millions of pounds. The North East Scotland Pension Fund (NESPF) administers a scheme for 71,000 workers including Aberdeen, Aberdeenshire and Moray council staff.

The Scottish Government has paid out more than half a billion pounds in lifeline support to Scottish businesses affected by the coronavirus pandemic since November 2020. The Strategic Framework Business Fund had paid out £214m by 22 February according to latest figures. Approximately 89% of th

Independent business lender White Oak has announced that it has successfully provided over £270 million through the Coronavirus Business Interruption Loan Scheme (CBILS) to support UK SMEs through the pandemic. A total of £14m of the CBILS funding has been provided to Scottish SMEs.

The Alison Rose Review into Female Entrepreneurship (Rose Review), published in March 2019, demonstrated that up to £250 billion of new value could be added to the UK economy if women started and scaled new businesses at the same rate as UK men.

This week marks the 20th anniversary of Scottish Housing News.

Increasing the contactless payment spending limit could lead to a rise in thefts and fraud, consumer and finance figures have warned. On Thursday, Chancellor Rishi Sunak announced that the contactless payment limit in shops would rise to £100.

The Peter Vardy Group has entered new territory in its far-reaching charitable activities by going into partnership with a vibrant young charity in Uganda to provide mentoring support for women in some of the country’s poorest communities.

UK house prices fell by 0.1% month-on-month (m/m) in February, according to the latest Halifax House Price Index.

Finance secretary Kate Forbes has confirmed an extended cut to stamp duty for housebuyers in England will not be matched by the Scottish Government. Chancellor Rishi Sunak used his Budget to announce continued relief for property purchases, but the Scottish finance secretary said the temporary reduc

The upcoming Budget could leave many property investors and landlords between a rock and a hard place according to property management firm Apropos. The UK-wide letting firm thinks that the widely trailed rumours that the Chancellor is about to increase capital gains tax (CGT) and Corporation Tax (C

Mackie's of Scotland has seen its operating profits increase by 61% to £3.4 million over the last year as its revenue reached £16.7m. In the year ending 31 May 2020, the firm recorded bumper chocolate and take-home ice cream sales with chocolate purchases increasing by 46% after recipe r

Aberdeen-based software firm STC INSISO has signed a partnership agreement with Canadian firm Hatley Engineering and Applied Technologies Inc to distribute their COMET investigation, prevention and root cause analysis package to the Canadian and North American markets. Recently merged STC INSISO pro

The volume of Scottish home sales fell by almost half in January according to an analysis of the latest Scottish Government data by property firm Apropos. The firm found that residential property transactions in Scotland fell by 48% between December and January from 13,570 to 7,050.

Over half of UK companies are planning on hiring more staff in the first quarter of 2021, according to the figures released by CIPD.

NatWest Group has posted its annual results delivering what chief executive Alison Rose has called a "resilient performance" despite the bank's impairment charge of £3.2 billion. For the year ended 31 December 2020, NatWest Group's operating profit before tax and the impairment charge was &pou