News

Scotland's decades-long struggle with sluggish productivity is holding back its economic potential, a new report from the CBI and KPMG warns.

Aberdeenshire-based Bancon Construction has secured a batch of new contracts valued at more than £25 million, paving the way for continued growth into 2021. The new business will see the company working in Aberdeen, Dundee, Nairn and Inverness, following Bancon’s first contract win in th

HM Revenue and Customs (HRMC) has urged Scotland's 706,000 self assessment customers not to miss the 31 January deadline. The 2019-20 tax return can be finalised at any time up to the deadline but HMRC is encouraging customers to complete it early to allow for more time to pay their tax bill or set

Nearly £760 million is wasted every year on unwanted Christmas presents for children, according to new research from St James's Place (SJP). The wealth management business said nearly a fifth (18 per cent) of children's gifts across the whole of the UK are unused, unwanted, exchanged or thrown

A man who broke Covid-19 quarantine rules for just eight seconds has been fined nearly £2,700.

Deloitte has strengthened its leadership in Scotland with the appointment of Angela Mitchell and Douglas Farish as senior partners in Glasgow and Edinburgh respectively. Mr Farish was previously the senior partner in Glasgow, but moves to Edinburgh to fill the vacancy created by the retirement of se

A financial advisory consultancy based in Montrose has become the first financial services firm in Scotland to become entirely employee-owned. All shares of Gill Financial have now been placed into an employee ownership trust (EOT), with all seven staff becoming direct beneficiaries of the partnersh

A Shetland-based manufacturer and supplier of quality knitwear has secured a £100,515 funding package from Royal Bank of Scotland to purchase new machinery.

A Scottish housebuilder is transforming a former Edinburgh industrial site into 77 new homes, thanks to a £5.8 million funding package from Bank of Scotland.

Shepherd Commercial Property Auctions will this week launch its first online auction, featuring 25 lots ranging in price from £35,000 to £1.5 million with a combined total guide price of £5.5 million. In addition to 10 retail units within a purpose-built retailing parade in Grangem

The UK's inheritance tax (IHT) take on gifts has increased for three consecutive years, according to new figures. The number of estates liable for IHT on gifts rose from 873 estates in 2015/16 to 920 in 2016/17 and then 993 in 2017/18, FT reports.

Scotland has a thriving technology sector but there’s still a huge amount of untapped potential that could further elevate its success and bolster our economy. Women, who remain significantly underrepresented within the sector, have a major part to play in making this happen, writes Jackie War

Scottish Friendly has announced a new initiative to support The Mental Health Foundation over the Christmas season. The financial mutual will donate £10 to the charity for every My ISA product it sells throughout December, including junior ISAs.

Citizens Advice Bureaux (CABs) and associated national services returned £170 million to people in Scotland in 2019/20, according to new annual figures. The additional funds, an increase of around £40 million on the previous year, took the form of social security payments, employment ent

Banks should give their virtual chatbots more personality in response to the shift from in-person to online banking, a new report suggests. Consulting firm Accenture has published a new report which warns that the rush to digital is depriving banking of its "traditional human touch".