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The Institute of Chartered Accountants of Scotland (ICAS) has said that the Chancellor’s Spring Statement leaves businesses and the public with uncertainty about how the UK government will deliver on some very big promises. Chancellor Rachel Reeves was in an optimistic mood about collecting an

Phoenix Group shares experienced a surge of over 6% on Monday, following the company's announcement of significantly exceeding its cash generation targets and upgraded future guidance. The FTSE 100 firm, which owns Standard Life, reported a 31% increase in 2024 operating profit, reaching £825

The UK economy unexpectedly shrank by 0.1% in January, a setback for the government as Chancellor Rachel Reeves prepares for the Spring Statement. This contraction, driven primarily by a decline in manufacturing, falls short of economists' predictions of 0.1% growth.

Dundee City Council has named Paul Thomson as its new executive director of Corporate Services, effective this April. Mr Thomson, currently head of corporate finance, will succeed Robert Emmott, who departs to become Glasgow City Council's new executive director of financial services.

James Milne Chartered Accountants has strengthened its Inverurie office with the appointment of Mark Hay as an accounts manager. A qualified Chartered Accountant (CA) since 2006, Mr Hay brings extensive experience from his time at firms in Edinburgh, Dundee, and Aberdeen.

President Donald Trump has instructed the US Treasury Secretary to cease production of one-cent coins.

Supermarket chain Aldi is piloting a new £10 pre-payment system at its checkout-free Shop & Go store in Greenwich, London.

The value of venture capital (VC) investment in Scottish start-ups increased 14% in the final quarter of 2024, according to KPMG’s latest Venture Pulse report. A total of £92.3 million was raised by the country’s start-ups from October to December, up from the £80.9m raised i

The Federation of Small Businesses (FSB) Scotland has cautioned that the rushed introduction of the UK's first Visitor Levy could severely disrupt Edinburgh's accommodation sector. Scheduled for a council vote this Friday, the levy would see B&Bs, hotels, and other accommodation providers begin

The pound plummeted to a 14-month low against the dollar on Monday, driven by a global market downturn sparked by expectations of a single interest rate cut from the US Federal Reserve this year. Sterling fell as much as 0.7% to $1.211, underperforming other major currencies.

Bank of Scotland-owner Lloyds Banking Group has announced it will allow customers of its three brands – Lloyds, Halifax, and Bank of Scotland – to use any branch regardless of which brand they bank with. The group claims the move will offer greater choice and flexibility, although it has

Scotcoin is set to be listed on a major cryptocurrency exchange in February 2025, which will see the project valued at $250 million (£200m) on its market debut. The Scotcoin Project (TSP) Community Interest Company has exchanged contracts with a tier 1 exchange and will initially be paired wit

A rare spherical egg that a man spontaneously bought after a few pints has sold at auction for £200.

The Bettii Pod Ltd, an innovative FemTech start-up founded by CEO Elaine Galston, has secured £70,000 in Scottish Edge funding after emerging as a winner in the latest competition round.

Pictured (L-R): Mark Beaumont, partner at Eos; Jessica Birt, Concinnity CEO and co-founder; Dr Matthew Dale, CSO and co-founder; Professor David Venables, chair of board; Professor Susan Rosser, chair of scientific advisory board (credit: Stewart Attwood) Edinburgh-based Concinnity Genetics has