Half of Scottish workers are spending at least one day a week at home, new figures from a government survey has revealed. In the survey of 1200 firms in Scotland, 32.6% said their workers were in the office one or two days a week, while a further 16.5% were in three to four days a week.
News
Scottish SMEs have been hit with an estimated £42 million of unnecessary compliance costs – an average of £7m per year - due to the audit exemption threshold failing to rise in line with inflation since it was introduced in 2016, according to Donald Boyd, an SME growth expert from
The reduction of the limit for sequestration proceedings at the end of this week could lead to a wave of smaller businesses in Scotland being made bankrupt, according to full-service legal firm Gilson Gray. On September 30th, the limit for pursuing sequestration will be lowered from £10,000 to
A 112-year-old tin of chocolates made during the reign of Queen Victoria have been sold for over £500. The tin was recently found a Lincolnshire attic among in a box of junk, Metro reports.
Today, Kwasi Kwarteng, the chancellor of the Exchequer revealed his fiscal plans in his emergency 'Mini Budget' aimed at boosting the economy to reach his 2.5% growth target. Mr Kwarteng's announced tax cuts and reforms, "the biggest package in generations", were met with mixed reactions.
Citi Group has announced that it is proposing to focus its UK personal banking and wealth management business on select wealth clients, effectively closing down its retail banking services to the general public. This proposal would enable Citi to focus on clients requiring comprehensive advice on ma
The founder of US nonprofit Feeding Our Future and 46 other defendants face criminal charges for their alleged roles in a $250 million (£226m) fraud scheme that exploited a federally-funded child nutrition program during the COVID-19 pandemic.
Responsible finance provider, Social Investment Scotland (SIS), has appointed three new managers to its team, supporting the organisation’s continued growth and wider ambition to build an impact economy. John Cornwall and Annie Howie have been hired as investment managers, while Selassi Spence
Business in Scotland is not making the most of the little innovation funding it receives, potentially hampering growth, according to new research.
Aberdeen-headquartered payroll and employee mobility specialist activpayroll has seen its revenue rise by 27%, reaching £35.7 million in 2020/21. Serving over 1200 customers in 154 countries across the globe, activpayroll offers a range of services under the three key pillars of Global Payroll
The Scottish Chambers of Commerce (SCC) has signed an historic Memorandum of Understanding with the Federation of Pakistan Chambers of Commerce & Industry, opening up opportunities for Scottish businesses to access the country’s growing middle class and its affinity for UK expertise, produ
Royal Bank of Scotland is offering £175 to new and existing customers switching their main current account to the bank and increasing the interest rate on their Digital Regular Saver account to 5%.
Blair Nimmo and Alistair McAlinden from Interpath Advisory have been appointed joint administrators to ten Arjowiggins Group UK subsidiaries with 368 out of 463 jobs made redundant. With origins dating back to 1738, the group is an independent paper manufacturer, producing fine and custom paper
The corporate team at Shoosmiths has announced the appointment of two legal directors and two new associates across its Edinburgh and Glasgow offices. The team, led by Alison Gilson, corporate partner and head of the Edinburgh office has advised on £150 million worth of deals since January thi
Maggie Hicks, founder of SynSense, and Xiaoyan Ma, founder of Danu Robotics, plant a Hawthorn tree on University of Edinburgh’s King’s Buildings campus to mark the 100+ startups supported by Edinburgh Innovations over the last year Student startups from the University of Edinburgh have s