News

An abandoned Edinburgh market that has lain derelict for 14 years will finally be redeveloped, with diggers set to move on to the site by the end of the month after Royal Bank of Scotland reached agreement with a developer.

Cash was overtaken by non-cash payments for the first time ever last year. Figures published today by the Payments Council show that payments made in cash by consumers, businesses and financial organisations in the UK fell to 48 per cent last year (from 52 per cent in 2013).

John Hume Dutch Barge Scottish Canals has announced that the number of Scots living and working on the nation’s canals has quadrupled since the launch of its Living on Water initiative three years ago.

Scottish businesses can benefit from new funding opportunities launched today to help them maximise their time, money and expertise and improve their environmental credentials. Resource Efficient Scotland, a programme of Scottish Government-funded Zero Waste Scotland, has launched an Implementation

Ed Molyneux Scottish cloud accounting provider FreeAgent has launched a £1 million crowdfunding drive to accelerate its vision of "Democratising Accounting" for UK micro-businesses and freelancers.

Scottish pharmacy chain Lindsay & Gilmour is eying expansion after securing a £8.5 million finance package with HSBC. The move will see the 189-year-old business switch its banking affairs from Clydesdale to the UK’s biggest bank.

Royal Bank of Scotland has been hit with a $669 million (£430m) share of a $5.7 billion fine handed out by UK and US regulators to a clutch of high street banks over allegations that they rigged the $5.3 trillion-a-day foreign exchange market. The fine was agreed after the 80 per cent state-owned l

Shaun Young and Aileen Gates Independent Scottish accountancy firm Campbell Dallas has appointed Shaun Young as director of employer solutions in a move that will see the expansion of the number of services and breadth of advice the firm offers.

Fergus Ewing The number of tourists visiting Scotland rose 5 per cent to more than 15 million last year, according to new figures released by the Office for National Statistics (ONS) and the Great Britain Tourism Survey.

David Lonsdale Scottish retailers have reported a fall in sales for last month, according to new figures from the Scottish Retail Consortium (SRC).

Employers are facing thousands of potential claims for underpaid holiday pay according to accountants BDO. From 1stJuly 2015 back dated claims for underpaid holiday will be restricted to two years so it is expected that many individuals and unions will be trying to get claims in before the deadline

Aberdeen-based payroll management specialist, Activpayroll, has this week launched its own training “academy”, in partnership with the Chartered Institute of Payroll Professionals (CIPP).

Royal Bank of Scotland has been hit with a double downgrade by ratings agency Fitch. The unwelcome news for the state-owned bank follows a similar blow for fellow Scottish lender Clydesdale, which had its downgrade announced last week by the same agency.

A Post Office manager from Perth has been jailed for more than three years after admitting she embezzled more than £100,000 from the business. Sub-post office boss Carol Oswald, 53, spent the money she stole from her work, a charity and an elderly friend on internet betting.

Scottish house prices have risen at their highest annual rate for eight years, according to new figures from the Office for National Statistics. The ONS said average prices climbed by 14.6 per cent over the year to March, to hit £207,000, the largest increase since 2007.