News

In the three months to November 2019, retail sales fell by 0.4% when compared with the previous three months, marking the first sales decline in the sector since April 2018, according to the latest data from the Office for National Statistics (ONS).

The Financial Reporting Council (FRC) has announced that it will investigate EY's audit of Thomas Cook's financial statements for the year ended 20th September 2017. On 1 October 2019, the FRC announced the opening of an investigation into the audit of the financial statements of Thomas Cook for the

Businesses in Cupar, Fife, have made history by voting to create the UK’s first Digital Improvement District in the town. The trailblazing scheme will give companies and the community a stronger identity online and will fuel the creation of a “Cupar Now” brand to showcase the town

The process for investing in Scottish companies is to be streamlined thanks to a partnership between LINC Scotland, the national association for business angels, and Burness Paull LLP. LINC Scotland supports the business angel market, making targeted introductions to well-matched business angels and

Argyll and Bute Council has welcomed the success of a £500,000 fund in attracting new residents and jobs to the area. At the meeting this week of the Policy and Resources Committee, councillors reviewed a report on the economic impact of the Rural Resettlement Fund which showed that 193 new re

The US Department of Agriculture has listed Wakanda as a free-trade partner.

Royal Bank of Scotland (RBS) is to relocate over 1,000 members of staff to its Gogarburn headquarters in an attempt to cut property costs by closing down its Drummond House office in Edinburgh. An RBS spokesperson said: “As we become a simpler, smaller UK focused bank and as we encourage

Scottish Friendly has appointed Scott McNeill as head of finance and insurance risk. Mr McNeill has over 11 years’ experience in financial services, across risk and capital management.

Scottish Building Society is one of the first lenders to sign up to the Scottish Government’s new £150 million First Home Fund. Launched today, applications are now open for a new national pilot scheme helping first-time buyers with the deposit for a new home.

The UK House Price Index released today by the Office for National Statistics (ONS) has revealed that Scotland’s house prices are rising faster than in England.  

Standard Life Aberdeen’s chief investment officer Roderick Paris will step down as an executive director from the company’s board at the end of the year. Mr Paris will remain as the company’s chief investment officer and a key member of the company’s executive leadership team

Hines Global Income Trust Inc has acquired the Royal Mail sorting warehouse in Edinburgh from RPMI RailPen for around £25 million. The 215,745-square-foot facility, occupied by Royal Mail, is located on Edinburgh’s Sighthill Industrial Estate adjacent to Hermiston Gait Retail Park to the

The Financial Conduct Authority (FCA) has fined Professional Personal Claims Limited (PPC) £70,000 for misleading consumers through its websites and printed materials. This decision follows the transfer of regulatory responsibility for claims management companies (CMCs) to the FCA on 1 April 2

Only four in ten UK-based start-ups survive their first five years in business, according to new research released by Business Comparison.

The latest data from the Scottish Government has revealed that Scotland’s Gross Domestic Product (GDP) grew by 0.3% in real terms during the third quarter of this year, rebounding from ints contraction in quarter two. Compared to the same quarter last year, Scotland’s GDP grew by 0.7% bu