News

Partners at Deloitte are to be hit with a 17% pay cut after revenue growth dropped during the coronavirus pandemic. All 709 equity partners of Deloitte’s UK operation will receive an average payment of £731,000 for the year to the end of May 2020, a drop from a record £882,000 in t

The use of technology and the adoption of digital innovation within Scottish businesses has accelerated at an extraordinary level in response to the COVID-19 pandemic, according to a new report by Addleshaw Goddard in partnership with the University of Strathclyde’s Fraser of Allander Institut

Scotland has seen another rise in R&D (research and development) tax credit claims, according to statistics released by HMRC yesterday. The latest 2018-19 figures show Scottish companies made a total of 2,925 claims, up from 2,210 made at this time last year. There were 2,405 successful R&D

Gillian Maclellan, partner at international law firm CMS, discusses the use of tracking technology to monitor employees working from home.  As employers across the UK now look at another sustained period of their workforce working from home, we are hearing tales of some using tracking technolog

The number of female ISA subscribers is continuing to fall sharply despite a surge in the number of younger women investing into stocks and shares ISAs, analysis of official HMRC data by Scottish Friendly has found. The latest figures show that between 2016-17 and 2017-18 the number of female ISA su

Edinburgh-based Rockifi, a new global streaming service, has launched today aiming to capture a significant share of the worldwide hard rock and heavy metal music market, which is worth upwards of £19 billion.  Rockifi offers the only dedicated streaming platform for fans and artists

Two leading energy industry entrepreneurs Doug Duguid and Michael Buchan have launched a family investment company which will support fledgling technology enterprises with development capital and decades of experience gained building international businesses. Indigo 7 Ventures (I7V) will have a focu

Jill Glen, director of Dunedin Advisory, highlights the long term impact for those struggling with debt at this time and outlines options which may help individuals plan ahead and remove uncertainty. Current financial help

A former Crown Office employee has admitted taking hundreds of thousands of pounds of cash and drugs from the procurator fiscal's office in Aberdeen. Katherine Vaughan, 34, pleaded guilty to a single charge of embezzlement before Lord Beckett at the High Court in Edinburgh yesterday.

Eight in ten (84%) Scottish consumers are worried about the future of their high street, according to new research from Visa. 

Police officers have been offered "surf therapy" to help them deal with mental health problems.

TSB has announced that it will close 73 branches in Scotland as customers increasingly turn to online banking.  The bank has said the branches selected for closure have been chosen carefully to ensure 94% of TSB customers in Scotland remain within 20 minutes travel time of a branch.

Businesses in Scotland face a 'lengthy journey to recovery' despite an increase in confidence over the last month, according to Bank of Scotland's latest business barometer.  The barometer found that firms in Scotland were the second most pessimistic of all UK nations and English regions d

The Scottish Chambers of Commerce (SCC) has entered a new partnership with foreign exchange firm moneycorp. The partnership will provide members of the Scottish Chamber Network with the opportunity to manage currency risks and benefit from competitive foreign exchange rates, in addition to free

The coronavirus pandemic is accelerating the shifting of the CFO role, according to a new report by the Association of Chartered Certified Accountants (ACCA) and the Institute of Management Accountants (IMA).  The CEO of the Future report, with data from global surveys and virtual rou