News

The UK is expected to become the first large European economy to reach pre-pandemic levels of corporate insolvencies as COVID-19 crisis support is wound down and rising levels of inflation threaten firms. According to credit insurer Allianz Trade, corporate insolvencies will soar by 37% this year. T

A notorious cat dubbed the "most prosecuted" in her local area has been vindicated in court after years of litigation.

Savills is marketing Dalhebity House, a mansion house created by Stewart Milne and his partner Joanna Robertson, for offers of over £7.5 million.

New funding to help public bodies unlock and realise further investment in measures to improve energy efficiency and install low and zero-carbon heat systems in buildings has been launched by the Scottish Government. The Scottish Central Government Energy Efficiency Grant scheme will make £100

Hamilton man James McGee, a retired tax inspector who stole a dead man's identity to carry out a £170,000 VAT fraud, has been jailed for two and a half years. James McGee, 66, utilised his forty years of expertise to obtain false payments from HMRC.

Edinburgh-based IT group Stellar Omada has added 50 tech specialists to its team during the first quarter of 2022, while almost tripling year-on-year quarterly revenue and securing a number of new business wins and assignments. UK private bank Hampden & Co, NatWest, and Atos are among recent con

Kintore-based pipeline technology specialist STATS (UK) Ltd increased revenues to just under £50 million while EBITDA earnings rose to £7.8m from £6.5m, according to the firm's latest annual results. Revenues increased by £7.2m to £49.7m (up 17% from £42.5m) while

The Financial Reporting Council (FRC) has published its thematic review of discount rates.

A specialist police unit which targets the organised criminal gangs behind fraud prevented a record £101 million from being stolen in 2021, the highest amount in the unit’s 20-year history. The Dedicated Card and Payment Crime Unit (DCPCU) which is funded by the banking and finance indus

Most employers have skills shortages in their workforce or expect to have shortages in the next five years, according to new research conducted by PwC. Concerns around skills shortages were profound with 33% experiencing a current shortage in core business skills such as teamwork, leadership, relati

A couple in India are suing their son for failing to produce grandchildren after six years of marriage. Sanjeev and Sadhana Prasad, 61 and 57, say they expended their savings on their son – paying for his training as a pilot and a lavish wedding – yet he has not given them a grandchild.

New analysis from Grant Thornton UK's bi-annual recruitment sector report shows that deal activity in the recruitment sector for 2022 is off to a strong start with 23 deals completed in the first quarter of this year. This is compared to 18 deals completed in Q4 2021 and represents the sector’

The unemployment rate in Scotland has fallen to a record low of 2.7%, according to the latest figures published by the Office for National Statistics. All regions of the UK saw a decrease in the unemployment rate compared with the same period last year, with Northern Ireland also experiencing record

The interim fees and expenses for FRP Advisory, the administrators of Dawnfresh Seafoods Ltd, have been revealed by a new Companies House filing. The document has revealed the administrators are authorised to draw an interim fee of £739,078.25 plus value-added tax for their time between Februa

Edinburgh is to host a major exhibition of work by Scottish artists and designers whose livelihoods were negatively impacted by the Covid pandemic.