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The new chancellor of the Exchequer, Kwasi Kwarteng, is reportedly considering a plan to scrap caps placed on bankers' bonuses. The cap to bankers' bonuses, which limits bonuses to 100% of fixed pay (and can be lifted to 200% under certain conditions), was introduced in 2014 following the global and

John Lewis has released its interim results showing a £99 million loss for the first six months ending 30 July 2022, compared to a £69m profit for the same period last year.

The new UK government has ordered the treasury to audit existing and new anti-obesity policies which were to be introduced next month. The sugar tax, officially known as the Soft Drinks Industry Levy (SDIL), was introduced in 2018 as a measure to deter people from consuming unhealthy drinks high in

Google must pay a €4.125 billion fine after abusing its position to impose unlawful restrictions on smartphone manufacturers and mobile network operators, the Court of Justice of the European Union (CJEU) has ruled. The General Court today largely confirmed the European Commission's decision th

New Financial Conduct Authority (FCA) data has revealed that Distributed Denial-of-Service (DDoS) attacks on the financial sector significantly ncreased during the war in Ukraine.

House prices in Scotland have risen by 9.1% on an annual basis, according to the latest Walker Fraser Steele House Price Index.

A successful Scottish recruitment drive has helped Dubai businessman Calum White establish his estate agency as one of the emirate’s most successful brokerages. The Edinburgh-born entrepreneur set up White & Co. Real Estate in January 2021, seven years after first moving to the UAE after b

The Duke of Marlborough has had his £132,000 Porsche Cayenne seized after failing to make payments to Porsche Financial Services he owed for the vehicle. Volkswagen Financial Services UK, the trading name of Porsche Financial Services, took the duke to court and claimed he had an outstanding d

Scotland is set to benefit from an influx of new accounting jobs after Deloitte declared its plans to create at least 1,000 new jobs outside of London over the next five years. The big four firm joins a trend of expanding financial hubs outside the capital and, in addition to Scotland, plans to add

As the the recent increases in petrol prices slightly unwound, the Consumer Price Index (CPI) recorded a 0.2% drop in inflation for August, bringing inflation to just below 10% at 9.9%. The drop was largely influenced by a 6.8% month-to-month fall in petrol prices, but at the same time food prices r

King Charles III has inherited a portfolio of assets worth tens of billions on which he will pay no inheritance tax. A law agreed in 1993 by John Major provides an inheritance tax exemption for any assets inherited from "sovereign to sovereign" as well as from any consort of a former sovereign. This

Google has been hit with lawsuits in the UK and EU worth €25 billion (£21.6bn) in damages over anticompetitive conduct.

Aldi has become the fourth largest UK supermarket overtaking Morrisons.

Scottish precision manufacturer Cube Glass has just secured a seven-figure deal at Western Villages, the country’s largest operational net-zero housing development in Granton, Edinburgh. The Cumbernauld-based tech firm will partner with construction and manufacturing company CCG Group to suppl

Aberdeen FC legend Willie Miller will be helping two Granite City charities to net a cash boost at a special fundraising dinner next month held by chartered accountancy practice Meston Reid & Co. The former Dons captain – now a sought-after football pundit – will be guest speake