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Ernst & Young has announced that it will remove the degree classification from its entry criteria, saying there is "no evidence" success at university correlates with achievement in later life. The global accountancy firm, which is one of the UK's biggest graduate recruiters, is scrapping its po

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Almost 40 per cent of first time buyers expect to take over three years to save a deposit for their first home, according to a new study. Annual First Time Buyers Research from Clydesdale and Yorkshire Banks found that the largest percentage (46 per cent) anticipated taking between one and three yea

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A severe shortage of skilled workers and a “slow planning system” are hindering efforts to tackle the housing crisis in Scotland, according to a new research. A report from Lloyds Bank into the state of the UK housebuilding industry found real concern over the effect of the sector’s skills sho

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A Chinese court ruling in favour of Scotch Whisky against a packaging firm in the Anhui province of the country is being heralded as a legal breakthrough and a warning to other potential counterfeiters.

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Businesses can suffer serious loss if insurance companies delay paying claims. But under Law Commission reforms introduced into Parliament yesterday, insurers will now be obliged to make prompt payment or face a claim for damages.

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As many as 2,000 jobs could be lost at Edinburgh Council as the authority considers a number of proposals to address a £126 million budget shortfall over the next four years. A report to the council’s finance and resources committee on Thursday will propose cost-saving actions such as encouraging

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A Scottish firm – which last year bought a New York rival to become the world’s largest low latency cloud provider for algorithmic forex trading – is on the US acquisition trail again. Beeks Financial Cloud, which helps institutions trade foreign exchange securely and quickly through the cloud

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