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The amount spent on childcare by parents in Scotland has risen sharply in recent years, according to the latest How Scotland Lives research by Bank of Scotland.

The number of corporate insolvencies in Scotland fell by 15 per cent in April-June 2019 compared with the previous quarter, and fell by 2 per cent compared with the same quarter the previous year (April-June 2018), latest data from the Accountant in Bankruptcy. However, figures also s

Edinburgh-based financial services giant Standard Life Aberdeen (SLA) has moved to put down reports that Martin Gilbert was stepping down from the firm's board. The co-founder and former Aberdeen Asset Management (AAM) chief executive, now vice-chairman of SLA, had been linked with the chairmanship

Minister for Local Government, housing and planning Kevin Stewart has announced the appointment of Elma Murray as deputy chair of the Accounts Commission for Scotland. Ms Murray was chief executive of North Ayrshire Council from 2009 to 2018 and has a local government career spanning around 35 years

As Britain braces for a heatwave and with the school holidays in full-swing, parents across the UK are expecting to spend an average of £243 on entertaining their kids this summer.

Alliance Trust chairman Lord Smith of Kelvin is selling Inchmarnock, his island in the Firth of Clyde which includes Port House, a four-bedroom property, 20 years after embarking on a major restoration project at the beauty spot. Having been left for decades to fall into disrepair pri

Law firm Shoosmiths has today announced its financial results for 2018/19, with revenue up seven per cent year-on-year to £137.6 million and net profit up six per cent to £37.9 million. Commenting on the results, Simon Boss, CEO of Shoosmiths, said: “The market continues

Interserve has announced the appointment of Mark Morris as its new chief financial officer. Effective from September 1, this appointment follows the previously announced decision by Mark Whiteling to step down to pursue his non-executive career.

International law firm CMS has secured sponsorship of the Scottish chapter of Startup Grind, a global initiative aimed at supporting fledgling entrepreneurs. Startup Grind is the largest independent start-up community, actively focused on educating, inspiring, and connecting more than 3.5 million en

Profits in Scotland’s legal sector have fallen by over a quarter in the last ten years, according to Scottish accountancy firm French Duncan. Accountants and business advisers French Duncan compared the most recent Law Society of Scotland Financial Benchmarking report for 2018 and compare

A delay of up to seven months in HMRC’s processing of R&D tax relief claims is preventing some UK companies from progressing expansion plans or making further investment into innovation. According to Jumpstart, one of the UK’s leading R&D tax relief specialists, the backlog of cl

Audit giant KPMG has been hit with another £5m fine after failing to identify that bank BNY Mellon was mixing £1 trillion of clients’ savings with its own funds, contrary to rules and leaving customers exposed to the risk of losses. The fine means KPMG has paid £21m since Jun

Penalties imposed by Revenue Scotland (RS) over the late filing of a land and buildings transaction tax (LBTT) return have been quashed after the tax agency failed to produce evidence that it had taken a decision to impose the penalties, as required by legislation. The Upper Tribunal

Royal Bank of Scotland has approached senior HSBC executive Ian Stuart about replacing outgoing chief executive Ross McEwan, according to reports. Ian Stuart is chief of HSBC’s operations in the UK and the Financial Times said he is one of the leading external candidates to succeed Mr McEwan.

Royal Bank of Scotland subsidiaary NatWest has unveiled its inaugural #PowerUp Index of what it says are the 100 best and brightest businesses who have successfully emerged from its 2018/2019 NatWest Entrepreneur Accelerator cohort.