News

An English bar owner who refused to pay VAT on his 'super juices' by claiming they should be classed as food, has won a five-year legal battle with HMRC.

Business confidence in Scotland fell 10 points during November to -38%, however, the prospect of a COVID-19 vaccine offers hope, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

The UN Secretary General declared 2020 to be the year to mobilise for a “decade of action” to deliver the UN Sustainable Development Goals (SDGs) by 2030. In response, the Association of Chartered Certified Accountants (ACCA) has announced its contribution to this global ambition by publ

Lanarkshire-based biotechnology company ILC Therapeutics (ILCT) has announced that it has secured significant investment from its first global investor Medical Incubator Japan (MIJ). The Scottish life sciences company, which has received international attention through its work exploring COVID-19 th

UK house price growth rose by 6.5% in November, the highest rate since January 2015, according to the latest Nationwide House Price Index.

Bank of Scotland owner Lloyds Banking Group has joined forces with 500 UK retailers to offer cashback services in communities where cash availability is low. The initiative builds on the success of a 2019 pilot, also delivered in partnership with Visa, and could be extended further if successfu

Tech Nation has announced the five Scottish regional winners of its Rising Stars 3.0 competition.

Multiple projects across Scotland have received £3.6 million of funding in the latest round of grants from the Scottish Land Fund. The money will allow groups from both urban and rural areas to take ownership of local assets and put them to use for the benefit of their local communities.

The Financial Conduct Authority (FCA) has reminded firms to be ready for the end of the Brexit transition period in one month’s time. When the transition period ends at 11pm on 31 December, firms will need to be prepared for a number of changes to the regulatory environment in which they opera

The Financial Reporting Council (FRC) has launched a consultation on the proposed revision of its review standard for interim financial statements, International Standard for Review Engagement (UK) 2410 (ISRE (UK) 2410) Review of Interim Financial Information Performed by the Independent Auditor of

A rare firearm which was made for the Indian prince Maharajah Duleep Signh, the last Sikh ruler of the Punjab, is due to go on sale this week.

Anderson Anderson & Brown (AAB) has ranked top in the Scottish listing of Experian's United Kingdom and Republic of Ireland M&A Review. AAB held its previous rank of 1st place having advised on 13 deals, making it the most active financial adviser in the year to date.

Bank of Scotland owner Lloyds Banking Group has appointed Charlie Nunn as its new group chief executive officer and executive director. Mr Nunn is currently global chief executive, wealth and personal banking at HSBC. Since joining HSBC in 2011, Mr Nunn has held a range of leadership positions

Virgin Money, owner of Glasgow-based Clydesdale Bank, has announced a new strategic fintech partnership with Glasgow-based Redspire, to support the development of its digital proposition for the new Virgin Money Business current account.

Martin Gilbert, one of Scotland’s best-known business figures, is set to become the chair of Scottish Golf, the national governing body of the sport in Scotland. The Scottish Golf board has announced that Martin, who has actively supported golf in Scotland for over 20 years, will be presented