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The soaring number of people working in Scotland’s public sector could pose taxation issues for the next Scottish Government, Glasgow-based MCC Accountants has said. New figures have revealed the 573,200 people employed by the state is the highest since 2013, and represents 21.8 per cent of th

Edinburgh-based Capital Credit Union has been inundated with hundreds of enquiries after launching an online tool to help people with benefits claims. The credit union launched its benefits calculator after being swamped with calls from members unsure about what they were entitled to claim during th

RSM’s capital markets team advised on Parsley Box Group plc, a direct to consumer provider of long-life ready meals, on its £83.8 million initial public offering (IPO) today and Calnex Solutions plc IPO which raised £22.5m in October 2020. Parsley Box Group plc, which admits to AIM

Alan Gordon, senior partner of DM Hall Chartered Surveyors, discusses how the roll-out of the COVID-19 vaccine will help boost the Scottish property market. As the socially-distanced queues snake round the block at vaccination centres across Scotland, there is a general acceptance that a shot in the

The Financial Conduct Authority (FCA) has launched a consultation on how it plans to regulate the pre-paid funeral plans sector.

F J Murphy Dental Clinic in Bishopbriggs has become the latest to be acquired by Scotland’s largest dental group, Clyde Munro Dental Group. The Bishopbriggs clinic has had just two principal dentists – Frazer Murphy and his father before him, Jack Murphy - and is the longest-running prac

The Financial Conduct Authority (FCA) has obtained High Court Approval to return £3.42 million to compensate victims of a series of unauthorised deposit taking and collective investment schemes. The schemes were run by Samuel and Shantelle Golding and their companies Digital Wealth Limited, al

The University of Edinburgh’s Bayes Centre has selected 32 high-growth companies for this year’s EIE21. Scotland’s premier tech investor conference will see company founders pitch for investment from seed level to over £2 million. EIE, which is run by the Bayes Centre in part

Holyrood needs to define more clearly its scrutiny role in response to Brexit, according to a new report published today.

BDO, the liquidators of the Old Co Rangers FC, are seeking £28.9 million from the club’s former administrators who have been accused of failing to effectively manage the finances of the club. Lawyers for BDO have initiated legal action against David Whitehouse and Paul Clark, claimi

The limit on a single contactless card payment could more than double from the current £45 limit to £100. Earlier this month, Scottish Financial News reported that UK banks were pushing the Treasury to increase the limit. Industry experts urged that raising the cap to £100 cou

Murray Capital, the private investment office of the Murray family, has led funding rounds for two Scottish start-ups. The funding rounds saw Murray Capital reinvest in two of its existing portfolio companies – Zumo and Blackford – with the support of the UK Future Fund and other co-inve

New data from Barclaycard has revealed that contactless technology has emerged as one of the big winners of 2020, accounting for nine in ten (88.6%) of all eligible card transactions. As the safest, fastest and most responsible way to pay in-store, tap-and-go has become the obvious choice for both c

Accountants are dismayed that HMRC is refusing to extend the deadline for self-assessment tax returns on January 31, which could land millions of hard-hit entrepreneurs with fines totalling £250 million. The Association of Chartered Certified Accountants (ACCA) has lobbied HMRC for a rethink o

British businesses are getting more financing to help them expand and create new jobs thanks to the Bank Referral Scheme, new figures show today.