Scottish retail sales in Scotland decreased by 7.9% in January, an improvement of .1 percentage points from December 2021 and is the lowest Yo2Y decline recorded since July last year.
Search: financial focus
Scotland's labour market saw a further rise in hiring activity at the start of 2022, according to the latest Royal Bank of Scotland Report on Jobs.
The £4.3 billion of Covid loans that may have to be written-off by The Treasury due to fraud and highlighted by the resignation of Lord Agnew last week, could be eclipsed by businesses failing to repay their CBILs and BBLs Covid support loans, Blair Milne, head of Restructuring with Azets in S
Former FanDuel executives have launched a new company, BetDEX, positioned to be the world’s first decentralised sports betting protocol, while securing the largest ever seed investment round by a UK startup. The $21 million investment round is led by San Francisco-based crypto investment firm
Edinburgh-based thermal storage technologies company Sunamp has received a £6 million ($8.3m) convertible loan note investment from the Scottish National Investment Bank (SNIB). Sunamp will use these funds to increase its sales in the UK, scale-up production, and accelerate internati
Unsettled property investors across Scotland are facing an unexpected capital gains pitfall because of a little-known stealth tax change. Tax experts at one of Scotland’s accountancy firms have warned that many face trouble as they rethink their holdings, while unaware that the timeframe to pa
Edinburgh-based Game4Padel, which is backed by tennis star Andy Murray, has attracted investment of more than £2.5 million to develop a UK-wide network of playing facilities for one of the world’s fastest-growing participation sports. The firm has completed its third successful funding r
Scotland has recorded ten high-value fraud cases during the first half of 2021, as logistical challenges for the country’s justice system begin to ease. The latest data from KPMG’s Fraud Barometer report reveals ten cases of alleged fraud took place, valued at over £2.5 million, in
A delegation of Scottish SMEs have joined a pioneering trade mission to South America as businesses look to new markets in the wake of Brexit. The International Trade Partnership (ITP) mission to Colombia – led by Inverclyde Chamber of Commerce (ICC) – is aimed at forging new trade links
Iskander Fernandez, partner at law firm BLM, discusses HMRC's role in leading over 12,000 interventions into the use of UK Government COVID support schemes. Research by BLM into the various coronavirus-related fiscal support schemes revealed that at the close of Q1 2021, HM Revenue & Customs (HM
Jane O’Berg, director of global mobility at Johnston Carmichael, discusses the realities of working from home. As the UK workforce prepares for a return to office life after more than a year of working from home, global mobility is proving to be a hot topic. Employees are now realising flexibi
Almost two in five (37%) of people who are close to retirement have accelerated retirement due to the coronavirus pandemic, according to a new report released by Standard Life Aberdeen (SLA).
Fast-growing Edinburgh-based software development startup Pogo Studio has signed a strategic partnership with NHS Lothian that will see its Tailored Talks product rolled out across the Scottish health board. Tailored Talks is a digital platform developed by Pogo Studio in tandem with NHS Lothian and
UK productivity declined in the final quarter of 2020, after bouncing back in Q3 following falls in both Q1 and Q2, according to the latest figures released by the Office for National Statistics (ONS).
Aberdeen Standard Investments (ASI) has launched the Multi-Asset Climate Solutions (MACS) Fund in partnership with The Big Issue Group. The fund is designed for those who want to invest in companies whose products and services play a decisive role in mitigating climate change and building a more sus
