News

With inflation having reached 9.4% in June, new insights have found that almost one in five (18%) Scottish adults report their total household wealth has decreased over the past year. St. James’s Place's (SJP) financial health research report reveals the devastating impact recent months have h

More than one in ten people in the UK (12.1%) have fallen victim to payments fraud in the last four years, according to new research by global payments company ACI Worldwide. The report shows that online fraud and digital wallet hacks now account for nearly 20% (19.8%) of U.K. fraud cases, while the

Accountancy firm RSM UK has said that the UK Government's lack of clarity on employment status will lead to continuing confusion over tax and workers rights. Yesterday, the government published its paper, Employment status and employment rights guidance, which contains guidance on employment status

Aberdeen Cyrenians, a local charity that cares for and supports vulnerable people in the North East, has today announced that it has been successful in its bid to become a charity partner for accountancy firm Deloitte. Having been selected by Deloitte’s people based out of the firm’s Abe

New data from financial mutual Scottish Friendly has revealed that investment activity in Scotland fell to its lowest level in nearly three years during the second quarter of 2022. The Scottish Friendly Investor Index tracks sales of adult investment ISA policies and the total value of these new pol

Clydesdale Bank owner Virgin Money has announced a new credit card product that will allow customers to buy now, pay better.

Edinburgh-based brewery Vault City has hailed a new deal with supermarket giant Morrison’s as a ‘major milestone’ for the business. The nationwide deal will see Morrisons stock two new and exclusive product lines from the firm across its 497 stores across the UK.

One of the largest financial advice networks in Northern Ireland, Milecross Financial has announced a £1.5 million investment to further expand their operations across Scotland through several key acquisitions and partnerships in Glasgow, South Lanarkshire and Aberdeen. This latest move furthe

The Financial Conduct Authority (FCA) has confirmed its plans to bring in a new Consumer Duty, which will fundamentally improve how firms serve consumers.

A man has launched a multimillion dollar lawsuit against a retailer over its alleged failure to honour its promised lifetime guarantee on socks. Missouri man Kent Slaughter bought a dozen pairs of the "Redhead Lifetime Guarantee All-Purpose Wool Socks" between 2014 and 2021 and spent years bringing

A House of Commons committee has said that the government should set-up "urgently sets up a cross-departmental taskforce... to respond to the energy price crisis and wider cost-of-living".

A government scheme that reduces the price of leading software will benefit even more firms as eligibility criteria expands to more than 1 million businesses.

Over 10,000 SME owners have applied for a single £25,000 Business Boost grant from small business insurance provider Simply Business. The news comes as rising inflation, the surging cost of living and post-pandemic recovery continue to take a financial toll on small businesses.

Experienced business advisor Craig Nicol has been appointed as a consultant by EQ Accountants LLP. Craig Nicol, former managing partner of Thorntons Law LLP, will join EQ in August to focus on supporting the firm with its growth ambitions and in enthusing the next generation of advisers. He wil

More than a quarter of big business staff in Scotland are now using hybrid working, splitting their time between home and office, a new report has found.