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Citizens Advice Scotland (CAS) is warning of a council tax debt ‘explosion’ as the impact of the pandemic makes a bad situation even worse in 2021 as clients have racked up millions in arrears. Council tax debt is currently the number one debt issue the Citizens Advice Bureau network see

Twelve Londoners have been fined for breaking Tier 4 COVID-19 restrictions after playing a game of dominoes in a restaurant.

Scottish drinks firm William Grant & Sons has reported profit growth of 20.7% to £314 million after tax for the year ended 31 December 2019. The firm has also reported turnover growth of 7.5% to £1,425m for the same period.

Sharon McDougall, part of Begbies Traynor's Scotland Debt Solutions Team, discusses how a personal debt crisis can be handled during the current COVID-19 pandemic. The coronavirus pandemic has been a testing period for workers across the country as work reduces, income halts and employees are placed

Eaglesham-based music systems business Linn Products has posted a 17% rise in annual sales to £19.1 million for the year to June 30 after a £636,000 pre-tax loss last year. The firm's pre-tax profits more than doubled from last year to £1.69 million.

Edinburgh-headquartered renewable energy business Red Rock Power Limited has moved into the European market with the acquisition of Swedish onshore wind farm Överturingen. Red Rock Power has acquired Green Investment Group’s 50% equity share of Överturingen onshore wind farm located

Plans for a tourist resort on the banks of Loch Lomond have been resurrected after an agreement was reached between Scottish Enterprise and Flamingo Land. The economic development agency has been in talks with Flamingo Land subsidiary Lomond Banks since the withdrawal of a previous planning applicat

As 2020 comes to an end, Scottish Financial News runs through the top ten most read stories of the year. At number ten, is BDO's pay cuts and furlough.

The leader of the Highland Council is encouraging all businesses to apply for a new support grant which will open for applications in the New Year. So far, the council has paid out Business Restriction Grants of over £740,000 to 461 businesses impacted by the current Tier 1 restrictions

British businesses are getting more financing to help them expand and create new jobs thanks to the Bank Referral Scheme, new figures show today.

The Scottish Government has announced that an additional £5 million is being made available to students who are experiencing financial difficulties as a result of the coronavirus crisis. Students across Scotland can apply to their college or university’s Discretionary Fund for help if th

The Financial Reporting Council (FRC) has launched a consultation on the proposed revision of the standards for an audit firm’s responsibilities to design, implement and operate a system of quality management. The FRC proposes to adopt International Standard on Quality Management (UK) 1 Qualit

Happy Holidays from the team at Scottish Financial News!

As 2020 comes to an end, Scottish Financial News runs through the top twelve most-read stories in our 'And Finally...' feature: 

Furlough and other Government support measures appear to have stemmed a feared significant rise in corporate insolvencies in Scotland, according to the latest data from KPMG. In November, there were 35 administrations or liquidations in Scotland - 23 fewer than the same period last year. Meanwhile,