The UK Government borrowed £55.2 billion last month, hitting a new record high as the coronavirus lockdown weighed heavily on its finances.
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Scottish Sea Farms has announced that it will repay all money received from the Coronavirus Job Retention Scheme as markets re-open and business performance begins to show signs of bouncing back.
Industry leadership group Scotland for Employee Ownership (SfEO) has announced the appointment of Isabella Miller as the new co-chair of its board. Ms Miller, who is the head of branch for John Lewis in Glasgow, will work working alongside existing joint chair Jamie Hepburn MSP, minister for busines
UK retail sales rebounded by 12% in May signalling a slight recovery from their record falls due to the coronavirus lockdown restrictions.
Scottish builders’ merchant St Andrews Timber & Building Supplies Group, has received a substantial CBILS funding package from Royal Bank of Scotland to help support the business during the coronavirus pandemic. With five sites based in Edinburgh and one in Paisley, the company is one
A watch which belonged to King George III is set to sell at auction for £1 million.
1.9 million mortgage payment deferrals have been offered to customers impacted by the coronavirus pandemic in the three months since the support scheme was launched, according to the latest figures released by UK Finance.
BDO is now the second-largest auditor of listed companies in the UK, according to new data from Adviser Rankings. The firm is the UK’s fifth-largest accounting firm by revenue as it has gained 35 listed clients in the 12 months to May. As a result, BDO now audits 297 listed companie
The Edinburgh Tax Network, in conjunction with CIOT and Terra Firma Chambers, will present a webinar on family investment companies and their use in estate, succession and tax planning on 24th June 2020 at 1pm. The speakers will be Ronnie Brown and Claire Macpherson of Burness Paull LLP.
Dame Carolyn Fairbairn, CBI director-general and Tracy Black, the CBI’s Scotland director, have written to First Minister Nicola Sturgeon urging her to put jobs and training, especially for young people, at the heart of economic recovery plans.
Scotland increased its share of financial services foreign direct investment (FDI) in 2019 and secured Europe’s largest international investment project in terms of job creation, while project numbers across Europe fell, according to the latest EY UK Attractiveness Report for Financial Se
Cash generation of businesses in Scotland was worryingly low heading into the cash crunch triggered by the coronavirus pandemic, according to a new study by accountancy and business advisory firm BDO. BDO’s analysis of UK businesses shows that those in Scotland converted just 2.7% of the
Edinburgh-based start-up One Year No Beer has launched a £1.4 million funding round on Seedrs. The firm provides online support for surviving modern alcohol-free society has already attracted £1.1m investment in the private stages of the funding round and has now opened the campaign to t
Bryan Lord, a technology sector veteran with 30 years’ experience of running and growing global business consulting practices, has become the latest senior recruit to join Aberdeen-based Inoapps following his appointment as head of service delivery. Prior to taking on this newly created r
Jerba Campervans, one of Scotland's best known employee-owned businesses has cautiously returned to the workshop this week to a backlog of orders for its bespoke VW T6 Transporter campervan conversions. The firm will bring back all 15 staff members to its premises following its decision to return to