UK Government proposals to reform the calculation of the Retail Index Price (RPI) could cost £122 billion if plans go ahead to implement the changes in 2025, the Association of British Insurers (ABI) has found. It would affect savers, especially those with defined benefit pensions, as wel
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UK Government debt has reached over £2 trillion for the first time.
Retail sales volumes saw further improvement in July of 3.6% month-on-month, as the sector benefitted from a full month of non-essential retailers being allowed to open, according to the latest figures from the Office for National Statistics (ONS).
Cultural organisations in Dundee have launched the £1 million Dundee Cultural Recovery Fund to ease the financial burden created by the coronavirus pandemic and kick-start the city's cultural and economic recovery.
Simon Cowie, the managing partner of Aberdeen-based Infinity Partnership, has been shortlisted for a highly-respected accountancy award. Mr Cowie has been named a finalist in the Practice Pioneer category at the 2020 Accounting Excellence Awards. He was nominated for this award last
Innis & Gunn opens the doors to its new Brewery Taproom on The Shore in Edinburgh today on the back of strong trading during the first half of 2020, with UK off-sales increasing significantly during the shutdown of the hospitality sector during the coronavirus pandemic.
UK businesses outperformed their international counterparts on a series of metrics tracking recovery from COVID-19 during July, according to Lloyds Bank.
M&D Green Group, one of Scotland’s largest independent pharmacy operators, has acquired a new store in Musselburgh using seven-figure financial backing support from HSBC UK.
Big Four accountancy firm PwC has delayed the publication of its full-year results until next year so that it can delay a decision about the size of its staff bonuses and partner profit distributions. PwC UK usually posts its financial statements for the year to the end of June, alongside its p
HMRC is to contact 3,000 companies across the UK every week over concerns that they have over-claimed for employees furloughed through the Coronavirus Job Retention Scheme (CJRS). Since the scheme launched in April, over 1.2 million employers have applied to the scheme, protecting around 9.6 mi
A playhouse listed on Airbnb as a joke has been booked by a family of four for a weekend break.
Edinburgh building firm Rollo Developments has opened a new headquarters in the city as part of a £100,000 business development plan.
Edinburgh-based accountancy firm Chiene + Tait (C+T) has launched a new online video series today, with the help of some high-profile figures in business and economics, to support Scottish business in a post-pandemic environment. The Future Of… series, presented by the firm&rs
Zumo, the Edinburgh-based cryptocurrency wallet and exchange platform, has today announced the launch of its first crowdfunding campaign with Seedrs in its bid to bring the benefits of cryptocurrencies to the mass market. The campaign is now live and accessible via the Seedrs website. It allows user
Worries are increasing at the UK's digital banks as the Bank of England sets a deadline for profitability.