The UK is facing a 'new and unprecedented debt crisis' in the wake of COVID-19 as the number of people affected by coronavirus who are in severe problem debt has risen to 1.2 million, according to a new report by debt charity Step Change. Step Change's Tacking the Coronavirus Personal Debt Crisis re
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The Scottish Government’s budget will be published on 28 January 2021, finance secretary Kate Forbes has announced. It follows the UK Government’s decision to postpone its Autumn Budget until an unspecified date in the new year.
The UK's economy bounced back from recession with record growth of 15.5% in July to September, according to the latest figures released by the Office for National Statistics (ONS).
More than a fifth of retailers and wholesalers in Scotland were already stockpiling before the coronavirus pandemic in anticipation of Brexit, helping firms feel more prepared for COVID-19, according to a new report from Barclays Corporate Banking. The report found that while the retail and wholesal
A police force has deployed speed cameras disguised as portable toilets in a bid to catch speeding motorists.
The gender pension gap has closed to the narrowest point on record, according to the latest Women and Retirement report published by Scottish Widows. The report found that 59% of women are now saving enough for a comfortable retirement, compared to 60% of men.
Despite the extension of the Job Retention Scheme, the majority of businesses in Scotland remain apprehensive' about the economic outlook, according to Addleshaw Goddard's Scottish Business Monitor.
Black heritage business leaders have shared their personal stories of challenge and triumph in a KPMG UK event aimed at inspiring Scotland’s future business leaders. Despite ongoing COVID-19 restrictions, KPMG’s African & Caribbean Network in Scotland pushed ahead with their second a
Edinburgh-based Vert Technologies is embarking on an equity funding process to raise £3 million to accelerate the development of its technology in new markets, as it moves towards volume production. The firm is a manufacturer of a revolutionary conical rotary compressor (CRC) that is full
The Association of Chartered Certified Accountants (ACCA) has welcomed Chancellor Rishi Sunak’s announcement yesterday that it will be mandatory by 2025 for large parts of the UK economy to disclose risks that climate change may cause to their operations. ACCA believes that clear and consisten
The Scottish Salmon Producers Organisation (SSPO) has published its new long-term vision for the salmon sector with a strong focus on green jobs and sustainable operations. A Better Future For Us All, which encapsulates all aspects of farming life, features key environmental pledges. These inc
Persimmon said yesterday it is currently on course to deliver a “good result” for 2020 with the recent tightening of COVID-19 restrictions across England and Scotland having a “relatively limited impact” on its operations.
An independent report on the state of Aberdeen’s economy published today has outlined the city's COVID-19 recovery plan.
A set of 2,400 vintage images from NASA are due to go up for auction at Christie's auction house in London.
Bill Michael, chairman and senior partner of KPMG UK, has told partners that the firm's board has decided to sell its UK restructuring arm because conflicts of interest and increased regulatory scrutiny are preventing it from securing new work. Yesterday, Mr Michael told the board that concerns