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The Swiss National Bank has today put into circulation its new new 1000-franc note, which is one of the highest denomination notes in the world, with a value of £760. The revamp of the note stands in contrast to other central banks around the world which are moving away from large notes b

The Financial Conduct Authority (FCA) has fined Carphone Warehouse more than £21.1 million for failings that led to the mis-selling of “Geek Squad”, a mobile phone insurance and technical support product. This follows an FCA investigation which stemmed from whis

Women’s Enterprise Scotland, the community interest company which focuses on the contribution women's enterprise makes to the Scottish economy, has announced an expansion of its WES Ambassador Programme with the appointment of an additional 22 new Ambassadors.

Life and insurance giant Prudential, which employs more than 2,000 workers at its site near Stirling, has reported a 6 per cent rise in annual operating profit before tax that beat market forecasts, led by growth in its Asian division. The insurance and pension giant, which is in the process of

Former council homes in Scotland which were purchased under the Right to Buy (RtB) policy made around £2 billion in profit for their owners during the last decade-and-a-half of the policy. In one of the widest-ranging investigations into the policy, the BBC’s Shared Data Unit o

Prolonged Brexit uncertainty will likely further damage the Scottish housing market, according to RICS UK Residential Market Survey, following Theresa May’s Brexit deal being thrown out of Parliament on Tuesday. The latest results from the February survey show a continued decline in activity a

Edinburgh-based wealth management firm Brooks Macdonald has published results today showing funds under management fell in the second half of last year amid tough market conditions, but still saw profits rise on the back of cost-cutting measures. Funds under management stood at £11.9bn at 31 D

In the same week that has seen co-chief executive Martin Gilbert step down, Edinburgh-based Standard Life Aberdeen has announced more changes to its board of directors. After a career with the group spanning some 34 years, Bill Rattray will retire from the SLA board, by mutual agreement, on 31 May 2

The Borderlands Partnership, the organisation established to "unlock the potential for sustainable and inclusive economic growth across the South of Scotland and North of England", has welcomed the commitment announced in the Spring Statement outlining a £345 million deal from the UK

Diana Gabaldon, the American author of the Outlander series of books is to be honoured at the Scottish tourism ‘Oscars’ tonight as a new VisitScotland research paper reveals the extent of the effect her creation has had on Scottish tourism. The American writer will receive a special &ldq

February saw Scottish retail sales decrease by 0.8 per cent on a like-for-like basis compared with February 2018, when they had increased by 0.4 per cent and below the three-month average of -0.1 per cent.

First Minister Nicola Sturgeon has announced £2 million is now available to help more businesses in Scotland prepare for Brexit. The Brexit Support Grant, administered by Scottish Enterprise, will now be available to help small and medium sized businesses manage a wide range of Brexit impacts

Mark Harper has become the latest fully qualified insolvency practitioner at the Glasgow-based chartered accountants Wylie & Bisset. Following on from winning the ICAS prize for his top performance in the Corporate JIE papers in 2017/18, Mr Harper has successfully negotiated the p

Tim Allan, the president of the Scottish Chambers of Commerce, is to join the board of Edinburgh-based business angel syndicate Archangels. Mr Allan succeeds Alastair Salvesen, whose retirement from the Archangels board, on which he has served for 10 years, is being announced at our annual

By Leon Hutchinson, senior manager at PwC