News

Perth-based insurance giant Aviva has launched a new cash savings platform as UK savings soar during the coronavirus pandemic. The Bank of England’s (BoE) Monetary Policy Report in February 2021 showed that “households have accumulated an excess stock of savings of £125 b

UK Government borrowing hit £8.8 billion in January making it the highest January figure since record began in 1993, according to new figures from the Office for National Statistics (ONS).

Search giant Google has been fined €1.1 million by French authorities for displaying "misleading" star ratings for hotels and other tourist accommodations.

UK retail sales volumes fell a substantial 8.2% month-on-month in January, according to new figures released by the Office for National Statistics (ONS).

A hotel visitors' book signed by The Beatles has been sold at auction for £6,700.

Royal Bank of Scotland owner NatWest Group is in talks to sell Adam & Co, one of its private banking subsidiaries. It has been reported that NatWest is working with Evercore, the investment bank, to help divest the majority of Adam & Co's operations.

Barclays has reported a 30% drop in pre-tax profits to £3.1 billion for 2020, down from £4.3bn in 2019. The bank allocated £4.8bn to cover loans set to go bad amid the economic upheaval of COVID-19. This is slightly lower than the £5bn that financial analysts had expected Bar

Aberdeen-based Highlandwear company McCalls has secured CBILS funding from Royal Bank of Scotland to help expand its offering as it navigates the impact of the pandemic. Established in 1887, McCalls has seven stores throughout Scotland, including its home city of Aberdeen, Elgin, Glasgow, Edinburgh,

The average house price in Scotland increased by 8.4% over the last year, according to the latest figures released by the Office for National Statistics (ONS).

Businesses in Scotland are forecasting recovery in 2021, having recorded their sharpest falls in domestic sales and exports since comparable records began in 2004, a survey released by the Institute of Chartered Accountants in England and Wales (ICAEW) has revealed.

Oil services companies can no longer delay making a choice about their future direction, according to a new report from PwC Strategy&. The options for oil services firms are to stick with their hydrocarbon heritage; becoming ultra-efficient and digitally enabled or pivot towards low carbon growt

Perth-based Cameron Motor Group has recorded a drop in sales worth over £16 million in the last financial year, as the impact of the coronavirus pandemic took its toll on the firm's finances. Annual results filed with Companies House have revealed that the firm's turnover in the year to the en

Edinburgh-based start-up Label Ventures, which connects global brands and businesses to creative and technology teams, has recorded £2 million in revenue in their first year of trading, all whilst in the face of the coronavirus pandemic. Now the business is targeting massive growth in 2021, in

The Chancellor must avoid using the property market to fund coronavirus costs according to property management firm Apropos. The firm believes that the Chancellor is about to implement widely trailed increases to capital gains tax (CGT) which will have an unprecedented negative impact upon the priva

Edinburgh-headquartered communications network provider Commsworld has secured contracts valued at more than £16.7 million across multiple sectors, significantly beating its targets between October and December last year. These include a £5.8m digital contract with Glasgow City Council t