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Wide-spread mass redundancies have been avoided in Scotland amid the coronavirus pandemic thanks to the UK Government's furlough scheme, according to the latest CIPD Labour Market Outlook in partnership with the Adecco Group. 

Global dividends are expected to fall by as much as 35% this year, according to the latest Global Dividend Index from Janus Henderson.

Xenith Financial Consulting Limited, an Aberdeen based accountancy firm founded by Scottish Woman in Finance 2019, Kimberley Oliver, has launched a new business intelligence (BI) service line to allow their clients to unlock the power of their data. The new service will provide clients with bespoke

A pair of trainers worn by basketball superstar Michael Jordan in his first NBA season have been sold for a record $560,000 in an online auction by Sotheby’s.

The Bank of England’s chief economist has suggested that it is considering introducing negative interest rates to help alleviate the economic woes created by the coronavirus pandemic. Andy Haldane said that pushing interest rates to below zero, as well as buying riskier assets under the c

NatWest Group, the owner of the Royal Bank of Scotland, has announced the appointment of David Lindberg as its new CEO of retail banking. Mr Lindberg joins from Westpac where he is currently chief executive of its consumer division.

UniKLasers Limited, a manufacturer of high precision scientific laser instrumentation used in an array of industrial applications, has closed a £750,000 financing round led by Par Equity with support from The Scottish Investment Bank.  The investment in UniKLasers is the second that

The COVID-19 pandemic has temporarily brought a halt to the Edinburgh Tax Network’s regular in-person lunchtime seminars. However, with the support of Terra Firma Chambers and the Chartered Institute of Taxation, the talks will continue and be presented using a virtual format. The first webina

Between January and March 2020, Scotland’s employment rate dropped to 74.7% and the unemployment rate estimate rose over the quarter to 4.1% according to the latest Labour Market Statistics Update by the Office for National Statistics (ONS).  Jamie Hepburn, Scotland's business, fair work

A new online service for small and medium sized employers to recover statutory sick pay (SSP) payments they have made to their employees will launch on May 26, the UK Government has announced today. Announced in the March 11 Budget as part of a package of support measures for businesses affected by

Probably the most challenging task when reopening or increasing activity is predicting the level of customer demand. The ideal would match staff, production and operations to demand to preserve working capital and cash. This is difficult enough in normal times.

The ongoing economic impact of the coronavirus outbreak has wiped a third off the assets of Aberdeen Standard Equity Income Trust, a fund managed by Aberdeen Standard Investments. The fund's half-year report released today highlighted that its holdings dropped in value from £235 million in Sep

Edinburgh-based fixed income specialist Cameron Hume has appointed Alla Bashenko to its board as an independent non-executive director. Ms Bashenko has enjoyed a global career in financial services, predominantly with Goldman Sachs and Nomura International. Her expertise spans a wide range of asset

The UK Government has extended the maximum loan size available through the Coronavirus Large Business Interruption Loan Scheme (CLBILS) from £50 million to £200m. The move aims to ensure those large firms which do not qualify for the Bank of England’s COVID Corporate Financing Faci

Former Metro Bank chief Darren Schindler has been appointed chief operating officer of Karma, the fintech seeking to disrupt the payday loan market. Mr Schindler, joins the fintech after a series of successful Scottish trials of the app which empowers employees to access interest-free monthly advanc