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The British Retail Consortium (BRC) and KPMG released research reporting a 2.3% increase in sales in July (on a total basis), a 1.6% like-for-like basis increase from July 2021. Although there is an increase in sales, volume is down. This is attributed to rising inflation and households cutting back

New research has revealed that over a third of SMEs in Scotland believe debt funding is more widely available to male-owned businesses. The report, Geared for Growth by independent asset manager Boost&Co, showed that 34.6% of Scottish business leaders agreed with the statement that debt funding

The Joint Regulatory Oversight Committee (JROC) has appointed Bryan Zhang as independent chair of the newly set-up strategic working group (SWG). The committee, led by the Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) and including the CMA and HM Treasury, announced the forma

An Edinburgh-led project to improve career progression for women and minority ethnic workers has received part of £800,000 available in government funding. Social enterprise Adopt an Intern Ltd (AAI EmployAbility) will lead the Diversity Works programme at Edinburgh-based Aegon Asset Managemen

New research has highlighted a growing skills gap in the UK and how it is affecting the accounting profession. The research by Go1, shows that over a quarter (28%) of accountants feel they haven’t been properly trained to do their job and that more a third (35%) of accountants agree that

One Four Nine Group has completed its second Scottish acquisition with the purchase of Aberdeen-based Russell Gibson Financial Management Limited. This move further expands the independent financial advice and fund management firm's footprint into Scotland, following its recent acquisition of APC Fi

A dummy of Frankenstein's monster held at the V&A in London has led to a trans-Atlantic ownership row after a museum in the US called for it to be repatriated. The seven-foot wooden mannequin is based on the actor Boris Karloff, who played the monster in his films in the 1930s and '40s.

NatWest Group has announced that Scott Marcar will join its executive committee as chief information officer from 5 September 2022, subject to regulatory approval. Mr Marcar joins the group from Deutsche Bank where he was CIO. Scott has over 25 years of technology experience having led teams across

A University of Glasgow spinout which aims to create more effective methods of treating lung diseases has secured a £1m grant from Innovate UK.The award will help the Acu-Flow team and their research partners advance the development of their nebuliser technology, which uses an innovative surfa

The Post Office has posted figures showing that a record £801 million in personal cash withdrawals were made in July.

Commercial property company HFD Group has made two new appointments to its board with the promotion of Stuart Teape and Katrina Ovenden to finance director and legal director respectively. Mr Teape joined HFD in July 2021 and previously held a number of senior finance roles within the

Royal Bank of Scotland has called for donations to support Ukrainian refugees arriving in the capital through its donation distribution hub.

Fund manager abrdn has posted a £320 million pre-tax loss in its 2022 interim results, down from a £113m profit for the same period last year. The loss is attributed to global economic instability with fee based revenue falling 8% to £696m and adjusted operating profit 28% low

A Scottish designer and manufacturer of musical accessories has closed a £250,000 funding deal with Reward Finance Group to develop two new products. Edinburgh-based Noisy Clan was established in 2019 by David Law, an experienced product designer who has spent much of his career running b

The keynote speakers for this year's Engage Invest Exploit (EIE22) have been announced. The lineup consists of Scotland and the UK's top tech luminaries - Scotland’s chief entrepreneur Mark Logan, Women in Enterprise Review chair Ana Stewart, and newly appointed techUK president Sheila Flavell