News

Sue Dawe, EY’s head of financial services in Scotland, has been appointed as a patron of Women in Banking & Finance (WIBF). Ms Dawe joins as the fifth patron of WIBF and is the only patron to be based in Scotland.

The Chartered Institute of Taxation (CIOT) has said that MSPs can't rule out the prospect of making further changes to income tax before the start of the new tax year, despite yesterday's vote to approve Scotland’s proposed income tax regime for 2020/21.

Uddingston-based dental firm Park Dental Company has purchased a former Royal Bank of Scotland branch building thanks to a six-figure funding package from the bank. Thanks to the funding, owners Jeremy and Cate Wiewiorka were able to purchase and renovate the old bank into a dental surgery

Several workers have been saved from redundancy following the closure of James Davidson and Sons Ltd when it fell into administration in February. Forfar-based Alliance Electrical has hired six plumbers and engineers who had been made redundant following the collapse of the Montrose-based business.

Royal Bank of Scotland's new polymer £20 note enters circulation today featuring historic Scottish entrepreneur Kate Cranston, famed for her tearooms. The note, which features the image of Ms Cranston, is the bank’s first new £20 in 23 years and the first Scottish note of its denom

Scotland's businesses are facing a 25% increase in the total business rates burden in just three years, according to the latest forecast by the Scottish Fiscal Commission.

The UK's largest regional airline Flybe has gone into administration with Alan Hudson, Joanne Robinson, Lucy Winterborne and Simon Edel of EY appointed as joint administrators.

The Auchrannie Resort on the Isle of Arran has delayed the refurbishment of its main hotel in order to invest £1 million in additional staff accommodation, as Brexit has led to a decline in staff applicants from the European Union (EU).

Scotland has lost its crown as the leading area of the UK for working women after dropping to fourth place in this year’s PwC Women in Work Index, having topped the index in the last two years.

Boeing and Scottish Enterprise have signed a new strategic agreement which is expected to bring millions of pounds to the Scottish economy and create 200 new jobs over the next five years. The Boeing Scotland Alliance will explore opportunities for the two organisations to work together in Scotland

Scotland’s spending on research and development is growing at a faster rate than the rest of the UK, according to the latest Business Enterprise Research and Development (BERD) statistics. In real terms, Scotland's increase in BERD spending between 2017 and 2018 exceeded the growth in the UK,

The Royal Mint has released a 7kg gold coin to mark the release of the 25th James Bond film 'No Time To Die'.

Anderson Anderson & Brown LLP (AAB), chartered accountants and business advisors, has this week completed the expansion of its Edinburgh office space. The expansion follows a raft of contract wins and the company anticipates an increase in headcount thanks to the completion of the project.

A new venture to build a brewery in John O'Groats has secured a £198,000 grant from Highlands and Islands Enterprise (HIE). Planning permission was granted this week for the 32,670 square foot site that will house a distillery, visitor centre and bonded warehouse.

Bank of Scotland is the first bank in the UK to implement a new name checking service created to prevent the spread of unauthorised push payment scams.