A man who developed a gambling addiction at the age of 13 has been sentenced after embezzling nearly £96,000 from his employer by exploiting a security flaw in the company's financial systems. Jack Duthie, 27, was working in a financial role at Norwegian oil and gas operator DNO North Sea PLC,
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Customs duty and indirect tax expert Andrew Thurston looks at how a US Supreme Court ruling against IEEPA-based tariffs could allow businesses, particularly UK firms with transatlantic operations, to recover duties previously paid. The recent ruling by the US Supreme Court that tariffs cannot be imp
New research from the University of St Andrews Business School has shown that national elections are linked to changes in financial system stability. Using data from banks across 22 advanced economies such as the United States, the United Kingdom, Japan, Germany, France, and Canada between 2000 and
Edinburgh-based healthtech company Bioliberty has raised £7.7 million over the past ten months to advance its AI-powered rehabilitation technology, with the most recent funding comprising a £6.2m Series A round led by a £3m commitment from the Scottish National Investment Bank. The
Businesses in Scotland are being urged to meticulously track the heartbeat of work in progress throughout its lifecycle. Monitoring, managing and making changes to reduce mission creep, improve efficiencies and maximise cashflow are critical steps which can improve a business’s health and grow
In recognition of International Women’s Day on 8 March, the President of Turkmenistan has authorised a one-time holiday payment of 60 manats for women across the nation. This annual tradition, now in its seventh consecutive year, applies to a broad demographic including employees of all enterp
An appeal by a party to a share purchase agreement who stopped making payments under the agreement after forming a view that he had been fraudulently induced into entering the SPA against a sheriff’s decision that he had pled no relevant defence to an action for payment has been refused by the
A former employee of PwC who brought an age and disability discrimination case against the company with support from the Equality Commission for Northern Ireland will receive a £150,000 settlement. The woman had worked for PricewaterhouseCoopers Services Ltd for more than 40 years and held the
An app designed to help employers engage young jobseekers in the Glasgow City Region has been downloaded more than 30,000 times.
The Scottish Public Pensions Agency (SSPA) could miss a revised deadline for updating thousands of people about their pension entitlement, a new report has warned. The Auditor General for Scotland today published a new report which raises concerns about the SPPA's work to deliver pensions "remedy" c
PVCu windows and doors manufacturer Window Supply Company has now expanded with new branches in Inverness, Lincoln and Manchester, won more work in the public and energy sectors, and launched its own digital application.
Mastercard, Visa, and Revolut have suffered a defeat in London’s High Court regarding the regulation of cross-border interchange fees. The financial heavyweights launched a legal challenge against the Payment Systems Regulator (PSR), arguing that the watchdog lacked the authority to cap the fe
Accounts for Digby Brown show that the personal injury firm's turnover increased from £46.7 million in 2023/24 to £53.8m in 2024/25 – a rise of more than 15%. And profits increased from £21.9m to £26.5m showing year-on-year growth of 21%.
Edinburgh entrepreneur and investor Veenoo Sharma has been appointed advisor on Diaspora Entrepreneurship and co-chair of the India–Pakistan Initiative at the Commonwealth Businesswomen’s Network (CBWN) — a role focused on championing female entrepreneurs globally. Born and raised
Apprenticeship funding was top of the agenda for ACCA in a recent priorities letter to the Cabinet Secretary for Finance. Ahead of the Scottish Budget in January 2026, ACCA, which has 11,000 members and students in Scotland employs over 600 at its global operations centre in Glasgow, has outlined it
