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Companies need to improve their governance practices and reporting if they are to demonstrate their positive impact on the economy and wider society, according to a new report from the Financial Reporting Council (FRC). While changes to the 2018 UK Corporate Governance Code raised the bar considerab

Jersey-based investor Rhodora, which has links with the creator of James Bond, has taken up an option to acquire a £700,000 stake in goldminer Scotgold Resources. Scotgold Resources is the firm which is developing a gold mine near Tyndrum and looking to expand into other sites in Scotland

The Institute of Chartered Accountants of Scotland (ICAS) has said that the burdens on businesses in the tourist industry arising from the implementation of the Transient Visitor Levy (TVL) must be kept to a minimum. The ICAS submission was prepared by the ICAS Tax Board which represents the views o

The introduction of a tourist tax could lead to lucrative cruise liner traffic by-passing the Highlands, and even the whole of Scotland, the Chambers of Commerce for Inverness, Caithness and Lochaber and the Cairngorms Business Partnership have warned.

Aberdeen Standard Investments (ASI) private placement debt team has lent £65 million to the City of London Corporation. The investment was undertaken on behalf of life insurance companies within the Phoenix Group.

The Scottish Parliament’s Economy, Energy and Fair Work Committee is seeking views as part of its inquiry into Protected Trust Deeds (PTDs). Protected Trust Deeds are a type of insolvency, similar to bankruptcy, which commits the debtor to an agreed payment schedule in return for a substantial

A fake £10 note created by Banksy which features the face of the late Princess of Wales has gone on sale online for £600. The Edinburgh-based seller has put the note up for sale alongside a sheet with a note of authenticity.

The Scottish Investment Bank (SIB) has invested in Edinburgh-based IoTech as part of its $7.5 million Series A funding round. The funding round will help accelerate product delivery and build its global sales & marketing team.

Yesterday, Scottish Financial News reported on the Peebles Media Group fraud case outcome. Today, we publish the full case report which has now become available on our sister publication Scottish Legal News:  A publishing company which sued a former employee for more than £100,000 after s

Royal Bank of Scotland (RBS) and Women’s Enterprise Scotland are to host an investment day for female entrepreneurs at Gogarburn Conference Centre.

The Financial Conduct Authority (FCA) is seeking compensation orders in favour of investors in respect of losses they have suffered in the First Park Limited's Park First scheme as it begins its proceedings against the company. The FCA has started the proceeding against the company's senior managers

Three-quarters of Edinburgh businesses fear the negative impact of a no-deal Brexit, a new survey carried out by the Edinburgh Chamber of Commerce has revealed.

More international investors have moved into Scotland's commercial real estate market market in the five years since the Scottish Independence Referendum, research carried out by Knight Frank has found. In the five years leading up to the referendum, UK institutions (mainly funds) represented the la

The administration process for McGill & Co has been extended until January 2021 as administrators said the “level and timing” of distributions to unsecured creditors in the former Dundee building services firm remains unclear. Almost 380 jobs were lost when McGill collapsed at the st

FutureX has today named the semi-finalists for the annual Startup Summit Competition. The group of eight tech startups includes winners of Scottish EDGE and Investing Women AccelerateHER, with a combined investment of over £2 million to date. This year's competition is hotly contested, with th