News

The small Italian town of Castellino del Biferno has started printing its own currency to help businesses and locals during the coronavirus pandemic. The town is located in the Molise region of southern Italy with a tiny population of just 550 residents.

Sarah Cockburn has been jailed for 22 months after she embezzled more than £239,000 while working for James McVicar Printers as an accounts manager.

Catherine Burnet, a chartered accountant and the regional chair for KPMG in Scotland, has been appointed as the new President of the Institute of Chartered Accountants of Scotland (ICAS) for 2020/21. Mr Burnet, who is also a member of the Financial Services Advisory board to Scottish Government, was

Springfield Properties has agreed an additional £18 million loan facility with Bank of Scotland as it prepares to navigate the uncertainty surrounding the current lockdown. The housebuilder said the additional support gives the group “sufficient headroom, should it be necessary, to withs

Edinburgh-based online fashion marketplace Atterley.com has launched a £500,000 crowdfunding campaign on Crowdcube. The funding will be used to support the further development of the firm's marketplace technology for boutiques and grow its presence in overseas regions including the US.

Some house buyers could miss out on being able to claim a refund for a property tax charge if they have been unable to sell their old home because of the coronavirus pandemic, the Chartered Institute of Taxation (CIOT) has said. The second home charge, or Additional Dwelling Supplement (ADS), is a 4

The COVID-19 small business and self-catering grant scheme, set up to help companies stay in business during the coronavirus crisis, has now paid out £26.89 million to 2341 Highland businesses. The latest figures show that grants were given to 1341 businesses, to the value of £14.8m, wit

A consortium of Scottish businesses is to lodge a judicial review of the Scottish Government’s COVID-19 Business Grant Scheme amid increasing concerns that a failure to match Westminster’s economic support will lead to the demise of a string of retail and hospitality chains.

Fergus Ewing, tourism secretary for Scotland, has written to the UK Government calling for it to amend its job retention scheme to help tourism businesses survive the economic impact of the coronavirus (COVID-19) pandemic. In a letter to Nigel Huddleston, minister for sport, tourism and heritage,&nb

Dundee-based web and marketing companies, MTC Media and DLR Media have partnered with Scotland’s Improvement Districts to launch a vital local delivery service throughout Scotland’s towns and cities. Many Business Improvement Districts (BIDs) in Scotland will be at the forefront of the l

The coronavirus crisis is causing household savings to rise at a rapid pace. If the reductions in spending persist for the entirety of the second quarter, Cebr expects that excess household savings of around £23 billion to accumulate.

A couple has been fined after they drove over 250 miles from their home in London to have a day out in Cornwall.

Anderson Anderson & Brown (AAB) chartered accountants and business advisors has appointed Alasdair Green as head of E&P (Exploration and Production). Having been instrumental in developing AAB’s presence in the upstream oil and gas sector in his previous role by dr

Michelle Elliot and Stuart Robb of Leonard Curtis Business Rescue & Recovery have been appointed as joint administrators of Scotland's largest theme park M&Ds. Operator M&D (Leisure) Ltd contacted its 165 staff yesterday informing them they were being made redundant with immediate e

Dundee-based investment company Alliance Trust has announced its first interim dividend of 3.595p per share payable for the year ending 31 December 2019, marking a 3% increase in the firm's dividend payout for the 53rd consecutive year. The payout follows the announcement made in March tha