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Furlough and other Government support measures appear to have stemmed a feared significant rise in corporate insolvencies in Scotland, according to the latest data from KPMG. In November, there were 35 administrations or liquidations in Scotland - 23 fewer than the same period last year. Meanwhile,

Sharon McDougall, part of Begbies Traynor's Scotland Debt Solutions Team, discusses the outlook for businesses after the end of the furlough scheme. The Coronavirus Job Retention Scheme (CJRS) continues to provide a lifeline to millions of workers across the country during the coronavirus pandemic b

The UK's budget deficit rose to £31.6 billion in November, the third-largest monthly budget deficit on record and the highest since May, according to the latest figures from the Office for National Statistics (ONS).

The Scottish Government should extend the Land and Buildings Transaction Tax (LBTT) holiday from the end of March to later in 2021, apropos by DJ Alexander has urged. The lettings firm said First Minister Nicola Sturgeon could make a "competitive difference for Scotland" by extending the tax holiday

Businesses across Scotland are being continuously hampered by the stop-start implementation of more lockdown restrictions, according to the Scottish Chambers of Commerce (SCC).

A £55 million emergency sports funding package to tackle lost ticket revenue during the pandemic has been announced by sports minister Joe FitzPatrick. The funding will comprise grants and low-interest loans, including £30m for Scottish Football at all levels of the game.

With the UK coming to the end of its second lockdown, only 21% of Scottish SMEs feel that overall Boris Johnson is dealing with the COVID-19 outbreak effectively, compared to 46% nationally, according to the second Newable Small Business Confidence Index. Other than the pandemic, 57% of Scottish SME

The Scottish Government has received record revenues of £89 million from residential property in the last two months according to property firm Apropos by DJ Alexander. The UK-wide letting firm, has analysed official data and found revenues from residential properties from the land and buildin

The Wealth Tax Commission has urged the UK Government to launch a one-off wealth tax on millionaire households to raise up to £260 billion to help the country recover from the coronavirus pandemic. The commission is a group comprised of tax experts and economists brought together by

Business support in Scotland is shamed by that given by other UK nations and countries across Europe, according to the Scottish Hospitality Group.

RBS owner NatWest Group has appointed James Close to head up its climate change agenda. James Close, who was director for climate change at the World Bank for four years until 2018, will join the bank in the new year from London Waste and Recycling Board, a partnership between the Mayor of London an

A Scottish housebuilder is transforming a former Edinburgh industrial site into 77 new homes, thanks to a £5.8 million funding package from Bank of Scotland.

Aberdeen-based niche Microsoft365 consultancy, Appetite for Business has agreed a new lease extension at Aberdeen Innovation Park, the commercial premises owned by Moorfield Group, on behalf of the Moorfield Real Estate Fund III. Appetite for Business, which is owned and led by award-winning bu

Aberdeen-based drilling firm MRDS Group has announced the appointment of Craig Yeoman as finance director. With nearly 30 years’ commercial, corporate finance and banking experience, Me Yeoman is well known across the UK and international industry landscape, having previously held positions wi

Zumo, the Edinburgh-based cryptocurrency wallet and exchange platform, is offering entry to a prize draw with £500 of bitcoin up for grabs to anyone who sends a photo or a selfie with the Zumo logo.