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The UK economy will not get back to pre-pandemic levels for four years according to the EY Item Club.

Banksy paintings worth £1.2 million are to be sold at a charity auction to raise money for Bethlehem hospital. The work to go on sale is a triptych of what appears at first sight to be 19th-century seascapes but are actually politically charged paintings.

The Financial Conduct Authority (FCA) has announced that it will be banning discretionary commission models mainly used by car retailers and motor finance brokers.

During lockdown, the Association of Chartered Certified Accountants (ACCA) UK and Generation CFO signed a virtual agreement with the aim of the two organisations working collaboratively to support each other’s members in their roles as finance professionals. The Memoranda of Understanding (MOU

Despite business confidence rising by four points during July to -37%, the overall confidence of firms in Scotland remains low, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Cumbernauld-based drinks company AG Barr has posted a year-on-year drop in revenues as the coronavirus pandemic continues to wreak havoc on firms across the UK.

Rackit, a North Ayrshire-based storage and handling solutions business, has secured a £1 million funding package from Royal Bank of Scotland to help support the business during the coronavirus pandemic. The CBILS loan will assist with cash flow which has been severely impacted by supply chain

Nationwide is launching a fresh round of community grants to help people stay in their homes through local charities and partnerships as the bank's latest quarterly poll reveals a 14% drop in financial security. With the government’s furlough scheme coming to an end on 31 October 202

A round-up of business news from across Scotland featuring: Shedman's hike in demand during lockdown, Thriving Box Company's £1m worth of business, Fletcher Fabwork's successful launch and Intense IT's coronavirus risk assessment tool.

During the three months of lockdown, Virgin Money, the owner of Clydesdale Bank, saw a near six per cent rise in business lending. On the other hand, personal lending at the bank dropped by 2.7% to £5.2bn, which Virgin Money said was primarily due to lower credit card balances.

An oil company has admitted regulatory failings which led to the discharge of crude oil into the North Sea. BP Exploration Operating Company Limited (BP) pled guilty to a contravention of Regulation 3(1) of the Offshore Petroleum Activities (Oil Pollution Prevention and Control) Regulations 2005 at

The price of gold has reached an all-time high as tensions build between the United States and China while coronavirus infection rates increase once more.  

M&G Real Estate and its property developer partner Qmile Group have secured a 280,000 sq ft pre-let with Baillie Gifford for its £350 million Haymarket Edinburgh development. Baillie Gifford has agreed to take the accommodation on a 20-year lease and will relocate to its new head office in

The head of a convent has been ordered by religious leaders to give up a £100,000 Mercedes bought with charitable donations.

KPMG has appointed Philippa Sanderson as its new associate partner to lead its private enterprise tax team in Central Scotland. Based in Edinburgh, Ms Sanderson joins the Scottish practice from KPMG’s North Region where she previously led the firm’s Sheffield office.