News

Ahead of this week's Scottish Budget, the Scottish Retail Consortium (SRC) has called for business taxes to be reduced to boost the retail industry. Retail is Scotland’s largest private-sector employer, providing a quarter of a million jobs. However, it is an industry in transition and recent

Despite pay cuts, chief executives continue to earn 117 times more than the average full-time employee in the UK, a new report has found.

Construction materials supplier Breedon has announced its intention to move the tax domicile of the group from Jersey to the United Kingdom.

Several Irish companies which deal in foreign currency are putting themselves at financial risk due to a lack of appropriate hedging in their organisations, according to the Association of Chartered Certified Accountants Ireland.

Scotland has been identified as one of the most productive areas in Britain, according to a study at Durham University.

Royal Bank of Scotland (RBS) has financially supported Perth-based company J&S McKenzie's purchase of Moness Resort and Aberfeldy Caravan Park. RBS has provided the family-run business with a seven-figure funding package to help them to make the purchase.

Specialist provider of arrears management and legal services Ascent has welcomed its prosperity in the face of challenging market conditions following the release of its 2018/2019 financial results. The company, which is part of the Irwin Mitchell Group, announced that its revenue increased to &poun

A growing desire for a better work/life balance amongst executives had led to the rise of 'olderpreneurs', according to Chartered Accountants Wylie & Bisset. New figures from the Office for National Statistics show that over 50s make up 43% of those who open their own businesses but account for

Robust financial planning has put Perth and Kinross Council in a good position to tackle a projected budget shortfall of £52 million over the next five years but it must continue to drive forward improvements, the Accounts Commission said today.

A 44-storey skyscraper in Beijing has been sold for £610 million in an online auction after being seized by the government from its fugitive owner, The Times reports. Authorities confiscated Pangu No 5 tower in 2016 after Guo Wengui fled the country amid corruption investigations. Its sale on

Scotland’s notional deficit is falling faster than the UK’s with onshore revenues increasing by 5.1% to reach £61.3 billion in 2018-19 as a result of continued economic growth, according to Government Expenditure and Revenue Scotland (GERS) figures published today. The figures also

An IT glitch at the Royal Bank of Scotland (RBS) has prevented its credit card customers from accessing their accounts and paying off outstanding balances.

All VAT registered companies in the UK will be automatically allocated a customs number to prepare for no-deal Brexit.

Archangels investment group has invested £2 million in digital marking consultancy Queryclick. Invested in partnership with the Scottish Investment Bank (SIB), the money will help the Edinburgh-based company complete its expansion drive.

Apple has officially launched its new credit card, with all US customers eligible to apply for it through the Apple Wallet app.