News



Pension tax relief rises by £3.1bn in 2020

According to new HMRC data, a record of £41.3 billion was paid into pensions through tax relief last year, up from £38.2bn in 2019.

Published 1 October 2021

Sustainability status secures Link Group's ground-breaking £80m Scottish Widows funding deal

Link Group's sustainability commitments have enabled it to become the first Scottish social housing provider to access a ground-breaking £80 million funding deal from Scottish Widows.

Published 1 October 2021

Peter Vardy Group sees profits rise on reduced revenue in 2020 despite COVID-19

Peter Vardy, the Scotland-headquartered automotive group, marked an extraordinary twelve months to 31 December 2020, recording increased earnings before interest, taxes, depreciation, and amortisation (EBITDA) of £14.26 million.

Published 1 October 2021

Scottish Legal News hits new heights as subscribers exceed 14,000 readers

One hundred and forty-seven new subscribers last month signed up to the free daily Scottish Legal News newsletter taking the publication through to 14,009 - passing the 14,000 milestone for the first time since it’s launch in 2008.

Published 1 October 2021

Dunedin Income Growth Investment Trust sees NAV rise by 11.1%

The Dunedin Income Growth Investment Trust, a trust managed by abrdn, has seen its Net Asset Value total return rise by 11.1% in the six months to July 31 2021.

Published 1 October 2021

BiGGAR Economics report shows social care is a £5.1bn engine of economic growth

A new report published today by BiGGAR Economics has revealed that far from being a burden on the public finances, the social care sector contributes more than £5.1 billion Gross Value Added (GVA) to the Scottish economy and supports some 300,000 jobs.

Published 1 October 2021

Business Gateway Edinburgh strengthens its recovery support with new programme

The City of Edinburgh Council is putting more resources into supporting local business leaders by launching a new Growth Recovery Programme as the capital’s business community looks to survive and thrive following the past 18 months.

Published 1 October 2021

Scottish Chambers of Commerce trade mission showcases Scottish luxury on a global stage

As the world’s economy continues to power back up, Scottish businesses are being urged to grab the global opportunities on offer.

Published 1 October 2021

Five-year £1bn investment to put people at heart of North Lanarkshire communities

Towns and communities in North Lanarkshire will benefit from £1.243 billion investment over the next five years to transform them into vibrant, thriving, sustainable places, the local authority has revealed.

Published 1 October 2021

And finally… Montezuma’s revenge

A group of parents are suing California over schools' "promotion" of Aztec gods and deities who were once honoured with human sacrifice.

Published 1 October 2021

Virgin Money to close 12 branches in Scotland

Virgin Money, owner of Glasgow-based Clydesdale Bank, has announced that it will close 31 branches across the UK, with 12 set to close in Scotland.

Published 30 September 2021

Azets: 7.5% VAT rise will hit hospitality sector

The 7.5% rise in VAT – which takes effect on Friday - will hit the hospitality industry, slow the recovery and even trigger permanent closures, according to Scott Craig, partner and head of VAT at accountancy firm Azets.

Published 30 September 2021

Wylie & Bisset urges early-stage fintechs to explore funding and commercialisation opportunities

With the number of Scottish fintech SMEs having grown by more than 50% during the 18 months of the pandemic, chartered accountants Wylie & Bisset is urging these early-stage firms to explore the range of funding and commercialisation opportunities at their disposal.

Published 30 September 2021

Hebridean Housing Partnership secures £25m funding package from RBS

The Hebridean Housing Partnership (HHP) has secured a £25 million funding package from the Royal Bank of Scotland to support its current and future operations in some of Scotland’s most remote communities.

Published 30 September 2021

abrdn launches Responsible Global Asset Strategies Fund

abrdn has announced the launch of a new investment strategy that is designed to address some of the key concerns of investors who want a greater focus on responsible and sustainable issues, including climate change, without sacrificing returns.

Published 30 September 2021