News

Scotland’s labour productivity, as measured by output per hour worked, has increased by 0.8% over the year to the third quarter of 2019, according to statistics announced today.

Ikea has announced that it will be closing its Coventry city centre store in the furniture store's first big UK closure.

Barratt Developments announced today that it will pay shareholders a £350 million in special returns over the next two years as the housebuilder recorded the highest half-year home completion rate in 12 years. The firm said a further extension to its capital return plan will see proposed speci

The Financial Reporting Council (FRC) has today announced a major shakeup of its oversight and supervisory functions to speed up the pace of enforcement investigations. The regulator is also broadening its stated purpose which is to serve the public interest by setting high standards of corporate go

The UK workforce is facing a continued skills shortage, according to a new study conducted by the British Chamber of Commerce (BCC) in partnership with Totaljobs ahead of the UK Government's first budget next month.

A student loan company has sent an Ohio man 55,000 copies of the same letter.

Colin Peter Dempster and Robert Hunter Kelly of EY have been appointed as joint administrators of the Livingston-based packaging company API Foils. The packaging factory, which makes foils and laminates, closed its doors on Friday with the loss of 107 jobs at the Livingston site.

Cynergy Bank has opened its first Scottish office in Edinburgh with two former Royal Bank of Scotland employees joining the team. Kenny Stewart, director of property finance in Scotland, is an experienced banker who worked with Royal Bank of Scotland for over 30 years, where he led the structur

Hampden & Co has strengthened its banking team in Scotland with the appointments of Clare Ansell and Ian Gibson as banking directors. Both Ms Ansell and Mr Gibson join from Handelsbanken. Clare Ansell spent over a decade with Royal Bank of Scotland followed by four years with Handelsbanken based

Allia C&C has issued a loan of £12 million through the Scottish Government’s charitable bonds scheme to enable Blackwood Homes and Care to deliver 160 highly accessible homes across Scotland.

William (Bill) Mann CBE, an accountant, businessman and philanthropist, has died at age 85. Mr Mann dedicated most of his life to good causes, these included charities and the arts, and in particular the sports sector, where he ran a successful campaign to abolish rates on sport facilities.

Baillie Gifford has become the headline sponsor of Edinburgh Science Learning, the education arm of educational charity Edinburgh Science who also produces the world’s first and Europe’s biggest science festival.

Fife-based AC Architects is using virtual reality (VR) technology to produce an immerse experience for its clients and give them an insight into how their new home will look.

The number of audit firms who quit their posts has increased by 21% over the last year, amid mounting pressure from regulators. The number of those resigning reached a total of 229 in the 12 months to September, from 190 the year before, new data from Thomson Reuters reveals.

The outlook for Aberdeen City Council's credit rating has been labelled 'negative' in its latest financial review.