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Abbiecraig Services in Freuchie, Fife, has enjoyed a successful first six months in business following its refurbishment, which was enabled by a £1.2 million funding package from Royal Bank of Scotland. Husband and wife team, Elaine and Steve Cunningham, used the funding to demolish an existin

Over two-thirds of UK SMEs (69%) have reported significant pressures on their cash levels according to the latest insights from business lender MarketFinance.

Bidwedge, a new fintech platform which exchanges small amounts of unused cash currency, launched last week. A survey conducted by M&S Bank in November last year found that an estimated £3 billion in unused foreign CASH currency is sat in drawers of UK households.

The Bank of England is considering introducing electronic banknotes for use by consumers and businesses. Mark Carney, the bank's outgoing governor, said that the bank was in the "middle of a revolution in payments". He urged that the bank must look into how electronic money could work.

Howard Brown, famous for being the face of the Halifax, is switching to the Royal Bank of Scotland as part of a £175 switcher offer. Mr Brown was photographed at the bank’s St. Andrew Square branch in Edinburgh and also at the Gordon St. branch in Glasgow, where he posed for selfies with

Succession planning is never an easy topic for business owners. Passing on an independent or family run business as a going concern will be one of the first priorities when looking to retire or move to a different role within the business, writes Bruce Farquhar. Small to Medium Enterprises (SMEs) an

Edinburgh has seen a 67% increase in Venture Capital (VC) investment in 2019, according to a new report from Tech Nation.

UK economic growth is expected to slow sharply in 2020 amid disruption caused by the impact of Coronavirus, according to the latest economic forecast by the British Chambers of Commerce (BCC).

The University of Strathclyde's Fraser of Allander Institute has said that due to the outbreak of Coronavirus, we should expect a significant impact on the economy.

The Association of Chartered Certified Accountants (ACCA) and Allinial Global have announced a brand new partnership. Their new collaboration highlights a new stream of opportunity for legally independent accounting and consulting firms to further increase their knowledge and skills within the finan

A celebratory event was held in Edinburgh to mark a £600,000 investment and business support into 12 Scottish social ventures by Big Issue Invest. Danyal Sattar, CEO of Big Issue Invest, Dave Gorman, director of social responsibility and sustainability at The University of Edinburgh, Zakia Mou

Anderson Anderson & Brown LLP (AAB) has been accepted to join the Law Society of Scotland’s panel of approved accountancy partner firms. The Law Society of Scotland is the professional body for all Scottish solicitors. As part of the partnership programme, the Law Society seeks approved ac

Dixons Carphone has announced that it will be closing all 531 of its Carphone Warehouse phone stores in the UK in a move which will cut almost 3,000 jobs.

Jenny Simpson, partner and head of Wylie & Bisset’s charities team, has said that if anyone ever wondered why charities need reserves, then the situation we face with Covid-19 is the answer. Ms Simpson, who was recently re-appointed to the SORP Committee, the advisory committee t

The Royal Bank of Scotland has received criticism for failing to provide a concrete date for the implementation of Confirmation of Payee (COP) technology, which is designed to prevent one of the most common types of fraud.