News

The South of Scotland’s largest community buyout has been legally completed following one of the most ambitious community fundraising campaigns ever seen and paving the way for the creation of a vast new nature reserve in Dumfries and Galloway. The landmark agreement of £3.8 million for

The Scottish Parliament’s Culture, Tourism, Europe and External Affairs Committee has stated that the societal and economic impact of Brexit is likely to intensify as Scotland begins to emerge from the COVID-19 pandemic.

The Financial Reporting Council (FRC) has published a new report which sets out what firms can expect from the FRC in the course of supervision with a focus on audit quality and firm resilience. 'Our Approach to Audit Supervision' highlights the FRC's approach to supervision and what the w

Retail sales volumes in the UK rose 2.1% month-on-month in February after a significant decline of 8.2% in January, according to the latest figures released by the Office for National Statistics (ONS).

As the deadline to apply for a payment deferral ends on 31 March 2021, the Financial Conduct Authority (FCA) wants to reassure consumers in financial difficulty that support will continue to be available under the Tailored Support Guidance (TSG). Payment deferrals allowed firms to deal with unpreced

A suit worn by David Bowie has sold for £8,000 at auction.

More than half of the UK’s listed companies currently at heightened risk of insolvency made a claim for government support in December 2020 and could face a financial cliff edge when it comes to an end, according to the latest EY analysis of profit warnings.

Glasgow-based cashback app Swipii has today launched its first-ever crowdfunder as it seeks to quadruple its business network to help power the Shop Local recovery. Hosted by Crowdcube and going live today at 11am, Swipii is seeking to raise £750,000 to accelerate expansion plans and extend th

Nationwide, the UK's largest building society, is enabling its 13,000 office-based employees to do their jobs from anywhere in the UK as it puts them in control of how they balance their work and home lives. The move comes after Nationwide employees were surveyed on how they would like to work in fu

Two Scottish rocket building companies Skyora and Orbex have received multi-million-pound awards from the European Space Agency (ESA). Forres-based Orbex has received €7.45 million of co-funding from ESA while Edinburgh-based Skyora has secured €3m.

Santander has announced plans to close 111 branches across the UK due to the increasing shift to mobile and online banking.

The Institute of Directors (IoD) Scotland has announced that Louise Macdonald is to join the business membership organisation as national director. Ms Macdonald joins from Young Scot where she has worked for the last 20 years, leading the organisation as CEO for the last 12 years. Throughout he

Glasgow-based construction firm CCG (Holdings) has posted a rise in pre-tax profits to £19.9 million this year but has warned that Brexit has caused "unquantifiable uncertainties" for the firm. The firm's pre-tax profits are up from £12.64m reported in 2019. In the year to March 31 2020,

NatWest bankers will offer customers video meetings outside of normal working hours as part of a revamp of the lender’s retail banking division. NatWest, which owns the Royal Bank of Scotland, has formulated a new strategy for the business, including plans to offer new products for savers, exp

The Competition and Markets Authority (CMA) has provisionally found that the proposed merger between Crowdcube and Seedrs will reduce competition and innovation. Crowdcube and Seedrs are the 2 largest equity crowdfunding platforms in the UK. These types of platforms connect small and medium-sized en