News

Derek MacKay Finance Secretary Derek Mackay yesterday announced a freeze in the basic rate of income tax and a reduction in the business rates poundage by 3.7 per cent.

Scotland’s largest independent insurance broker, Clark Thomson (CTIB), has announced an expansion of its Glasgow office, doubling the size of its workspace and staff numbers. CTIB’s Glasgow office first opened in April 2015 and due to a stream of successful new business wins, the team have now r

The private finance schemes used to fund Scotland’s roads, schools and hospitals are to be investigated by Audit Scotland and the Accounts Commission to evaluate whether projects offer public value for money. A joint investigation by The Guardian and the Ferret website has revealed that the Scotti

Scots celebrating Christmas are planning to spend an average of £534 on Christmas, according to new research from Bank of Scotland, which could lead to total festive spending of £2.35bn if replicated across the country. The bank's research into 2016 Christmas spending plans shows that only 14 per

Nick Freer Tonight around 300 CEOs from across Scotland’s business, university, government and not-for-profit sectors will sleep out rough overnight in Charlotte Square, Edinburgh to raise funds for Social Bite who are using the money to build a village for the homeless west of the city.

Matthew Clayton Energy company Thrive Renewables has raised £7.7 million through a bond offer in just a month.

Dundee-based Alliance Trust has announced the sale of its investment arm to Liontrust Asset Management as part of a strategic review aimed at enhancing the firm's value to shareholders. Alliance Trust Investments currently employs about 200 people in London and Edinburgh.

David Tiller Standard Life has informed new Elevate customers that they will face an average increase of 0.04 per cent in portfolio charges to support platform development.

UK home-owners borrowed £10.5 billion for house purchase in October, down 8 per cent month-on-month and 11 per cent year-on-year, according to latest data from the Council of Mortgage Lenders. A total of 57,800 loans were taken out during the month, which was down 8 per cent on September and 13 per

Kevin Nicholson The footprint of the largest UK companies to the nation’s economic has been set out in a new study published today.

East Dunbartonshire Council has made some improvements but needs to do a lot more to meet the challenges it faces, says the Accounts Commission. In a report published today, the local authority watchdog says it remains concerned that significant issues identified in two previous reports had not been

More focus is needed on strengthening accounting, financial management and governance, over and above just focusing on technology in order to develop the smart city, according to a new report by the Association of Chartered Certified Accountants. ACCA’s report, Smarter Cities, Simpler Cities – a

Women have less financial resilience to bounce back from financial shocks and are more likely to be trapped in poverty in later life, according to a new report out today by Insuring Women’s Futures (IWF), a programme established by the Chartered Insurance Institute (CII) to support the insurance p

Britain’s high street banks have closed more than 1,000 branches across the UK in the past two years with nearly 100 axed in Scotland, according to new figures.

Retail sales in Scotland grew in real terms for a third month in a row last month, according to the latest Scottish Retail Consortium (SRC) and KPMG Retail Sales Monitor report.