News

Official statistics released today show unemployment in Scotland is down both quarterly and over the year. For March-May this year, Scotland was the only country of the UK where unemployment fell.

Every home in Scotland is set to receive a letter explaining how the new Scottish Rate of Income Tax (SRIT) will work. HM Revenue and Customs (HMRC) is preparing to issue reminders to all households that they will need to provide up-to-date details of their address to tax officials so they can make

The tax authorities have been slammed by a judge who called their treatment of a dyslexic man “outrageous”. HM Revenue and Customs (HMRC) pursued John Clark of Dunfermline, who has the mental development of a 12-year-old, for £18,000 in unpaid tax.

James Sproule, chief economist at the IoD Inflation as measured by the Consumer Prices Index (CPI) fell back to 0 per cent in June, according to the Office for National Statistics.

Standard Life will hark back to its heritage by naming its new financial planning business after the year the long-term investment savings company was founded. The wholly-owned, UK-wide financial planning business announced in February will be called 1825 and represents a new chapter for Standard Li

Nicky Morgan Prime Minister David Cameron has announced plans to compel large firms and charities to disclose data on the gender pay gap among their employees.

Mark Carney Bank of England governor Mark Carney will appear before MPs today for the first time since the general election in May.

Manufacturing firms based in Scotland are at less risk of insolvency than manufacturers based south of the border, according to new analysis. A report published by insolvency trade body R3 shows the proportion of Scottish manufacturers with a heightened risk of insolvency falling in every month sinc

The Royal Bank of Scotland has successfully sold the freehold of its Aldgate Union office in London for £132 million. The eight-storey office block was put on the market late last year with a guide price of £85 million, but the price was driven up by demand from commercial and residential develope

Prime Minister David Cameron The UK government will today introduce an amendment to the Charities Bill which will tighten rules on how professional fundraisers approach vulnerable people.

Mark Harvey, partner and market leader at EY Scotland Seven partners and three associate partners have joined the Scottish operation of accountancy giant EY, taking its partner count across four Scots offices to 32.

The replacement of the bank levy with an eight per cent profits tax will have a substantial impact on the sale of Clydesdale Bank, according to a Commonwealth Bank of Australia (CBA) analyst. National Australia Bank (NAB), owner of Clydesdale Bank, plans to demerge the Glasgow-based institution, han

Jo Armstrong Business economist and public finance expert Jo Armstrong has been appointed to the board of Wheatley Group.

Scotland's private sector continued to grow in June and the Scottish economy is making a "moderate recovery" from slowdown in the first quarter, according to a new Bank of Scotland report. However, the growth is focussed on the services sector rather than manufacturing.

Business confidence in Scotland fell among the backdrop of uncertainty in the Greek and Chinese markets, according to accountants and business advisers BDO LLP. BDO's monthly Optimism Index has dropped to its lowest level - 103.9 - since November 2014, reflecting concerns that the crisis in Greece a