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Glasgow Prestwick airport, which is owned by the Scottish Government, was back in profit after making a £1 million loss, before the coronavirus pandemic struck. 

The launch of a new app-based exchange feature by Edinburgh-based Zumo, the cryptocurrency wallet and exchange platform, has led to a surge in user demand as new investors continue the move towards bitcoin.  The Zumo App’s GBP exchange function allows users to easily buy, sell, send and s

The UK housing market had its busiest month for a decade in July as the value of property sales reached a record £37 billion, according to Rightmove.

Glasgow-based fashion company Quiz has agreed two months of breathing space with HSBC after agreeing an extension of its existing banking facilities from £1.75 million to £3.50m.

The Citizens Advice Scotland (CAS) has seen a 191% increase in demand for redundancy advice as the UK enters its first recession in 11 years.

Borrowing money from loved ones dropped by almost a third (30%) in the last year, then a further 44% during lockdown, according to the latest data from Bank of Scotland. 

NatWest Group has announced that it will be cutting 550 jobs in branches across the UK and closing one of its remaining offices in London. The bank, formerly known as RBS, said the cuts would be made through voluntary redundancies and said that there would be no branch closures.

The Scottish Government has announced that it will be investing £60 million in a Youth Guarantee to give all young people access to work, training or education. An implementation plan for Scotland’s Youth Guarantee is currently being developed. Funding will come from the additional &poun

The former chairman of China Huarong Asset Management, stored his money at several properties, including 270 million yuan (£29 million) in a room full of safes and vaults which he called the “supermarket” because he frequented it as often as he would visit a market. The court head

The UK economy has officially entered a recession as it suffered its biggest decline on record between April and June, according to the latest statistics from the Office for National Statistics (ONS).

Debbie Mayor, director at accountants and business advisers Grant Thornton, reveals why businesses must adopt a similar approach to that taken by Holyrood policymakers in easing lockdown restrictions. Throughout the COVID-19 lockdown businesses of all sizes have demonstrated remarkable agility and r

Scottish Widows has invested £2 billion in a new fund from Black Rock which is expected to support the transition to a new low carbon economy. The pensions provider has allocated £2bn of its pension portfolios in the newly launched Authorised Contractual Scheme (ACS) Climate Transit

The UK economic decline caused by the coronavirus pandemic will be less severe than first anticipated, however, recovery will also take longer, according to the latest data from the Bank of England (BoE). The bank currently expects the UK's economy to shrink by 9.5% this year. While this contraction

Metro Bank has posted a pre-tax loss of £240.6 million in the first six months of this year. The loss is a dramatic drop from the bank’s £3.4m profit reported for the same period last year.

Alex Metcalfe, head of public sector policy in the professional insights team at the Association of Chartered Certified Accountants (ACCA) has taken on a wide-ranging role at the global professional accountancy body, becoming its global head of public sector. The new role involves leading on ACCA&rs