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A strong final quarter of 2020 saw shares in Scottish companies outperform the wider FTSE and AIM All Share indices, with the effects of the COVID-19 pandemic creating clear winners and losers from the crisis, according to analysis from Brewin Dolphin. The wealth manager found that Scottish organisa

Finance secretary Kate Forbes is urging the UK Government to release £21.3 billion of reserves to help tackle the impact of coronavirus. She has written to Chancellor Rishi Sunak asking that the Scottish Government be given its share of the funds now. This would total around £1.7bn if th

SoConnect, the Borders-based telecom, internet and IT managed services business, has acquired Edinburgh-headquartered IT Centric, an IT and telecoms services business serving corporate clients in Edinburgh and across Central Scotland. IT Centric was founded in 2004 by managing director Gordon Sayers

Almost 25,000 Self Assessment customers have set up an online payment plan to manage their tax liabilities in up to 12 monthly instalments, totalling £69.1 million, HM Revenue and Customs (HMRC) has revealed. In October, HMRC increased the threshold for self-serve Time to Pay arrangements from

Edinburgh’s office market proved highly resilient during a challenging 2020, with take-up nearing 500,000 sq. ft. and demand remaining strong, according to analysis from Knight Frank. The independent commercial property consultancy found that 490,585 sq. ft. of office space was transacted over

A significant top-up to the grant support available for hospitality, retail and leisure businesses across Scotland closed by level 4 restrictions will be paid following an announcement by finance secretary Kate Forbes. In addition to the grants businesses receive through the Strategic Business Frame

Over £1 million of funding is now available to Fife businesses to retrain and upskill their staff. It comes after the Scottish Government announced that a further £212,000 would be provided as part of the Flexible Workforce Development Fund.

Scottish motorcycle dealer Ecosse Motorcycles has received a £150,000 funding package from the Royal Bank of Scotland to support the business throughout the coronavirus pandemic. This is the second funding boost that the firm has received from RBS after it secured an initial £1

The UK Government is considering calls to waive fines for late tax returns this year but has ruled out an official extension to the January 31 filing deadline. Campaigners have argued that a third national lockdown has "changed the playing field" and increased further pressure on freelancers and sma

Scottish business confidence crashed in the final days of 2020, according to new research from the Federation of Small Businesses (FSB). The small business campaign group says that their findings underline the need for governments in Edinburgh and London to provide sufficient second-wave coronavirus

Competition for investment is set to intensify after the London Stock Exchange (LSE) closed last year with a flourish of activity, which is predicted to continue in 2021, according to EY’s latest market tracker IPO Eye. After a subdued first half in 2020, in Q3 we saw the re-emergence of IPO a

According to the Credit Services Association (CSA), UK taxpayers could recover £6 billion in repayments from emergency COVID-19 loans if the government uses debt collection firms to work with borrowers over several years.

Year on year Scottish shopper footfall decreased by 50.2% in December, a 18.9 percentage point increase from November, according to the latest Shoppertrak data released by the Scottish Retail Consortium (SRC).

The Association of Chartered Certified Accountants (ACCA) has been reviewing the recent UK-EU Trade and Cooperation Agreement (UK-EU TCA) and considers the agreement brings a broad level of certainty for businesses in the UK, Europe and globally about the status of trade in goods and services, the m

Kirkcaldy-based fintech Paysend has seen its revenue soar by more than 250%. For the year ending December 31 2019, Paysend's turnover increased from £4.3 million in 2018, to £15.1m.