News

Luxury skincare brand Foreo lost almost £8 million on Black Friday when a pricing error caused a £250 face mask to be reduced to £9.

Clothing retailer Ted Baker has said that it might have overstated the value of its stock by between £20 million and £25m. A review of the companies' accounts will be carried out by law firm Freshfields Bruckhaus Deringer with independent accountants also being appointed to investigate t

CJ Lang & Son, Scotland’s SPAR wholesaler and convenience store operator, plans to replace and develop its distribution assets over the next two years following an eight-figure refinance transaction with HSBC UK.

The highest earners in Scotland will pay less tax than their counterparts in the rest of the UK under Jeremy Corbyn's plan for government, a new analysis by the Fraser of Allander Institute has found. The economic research institute which is based at the University of Strathclyde has carried out an

Tunnocks' financial results have revealed that the company has sold £60 million of products for the first time.

Glasgow-based VWM Wealth has won the highly prestigious Personal Finance Society (PFS) Chartered Financial Planning Firm of the Year at the Personal Finance Awards.

Paysend, the Edinburgh based fintech business, has launched global money transfers to Uzbekistan, expanding its worldwide footprint for its Global Transfers service. Paysend has launched online international money transfers in Uzbekistan in partnership with regional bank Ipoteka-Bank and the technic

First Direct, Starling Bank and Monzo have come out on top in the latest current account satisfaction survey carried out by Which? - while Scottish lenders Clydesdale, RBS and Bank of Scotland were in the bottom five.

Addleshaw Goddard has appointed Gaenor Cassell as partner to its banking practice in Scotland. Ms Cassell, who is currently a partner at Burness Paull, will join the company's Edinburgh team, bringing over 20 years' experience advising lenders and borrowers on all aspects of funding, both domestic a

Alison Mcgregor has been appointed as chair designate of the board of the Malcolm Group. Ms Gregor was previously chief executive of HSBC in Scotland.

UKHospitality has today published an analysis that reveals that if a tourist tax was introduced across the country it will lead to a hit to the Scottish economy of over £200 million and the loss of nearly 6,000 jobs.

Employment in Edinburgh’s burgeoning technology sector is set to outgrow the UK average over the next ten years, according to new research released by Knight Frank. The independent property consultancy’s inaugural Future Of Our Cities report found that the number of jobs in the TMT (tech

Scottish Building Society has unveiled a new branch in the heart of Glasgow in time for St Andrew’s Day. Branch manager John Boyd cut the opening ribbon at Queen Street with mascot Hamish and players from the Scottish Women’s Premier League, which the Society sponsors.

Business confidence in Scotland has returned to negative territory, a survey by chartered accountancy body ICAEW has found. While firmly negative confidence in Scotland is above the UK average, the latest ICAEW Business Confidence Monitor shows.

Dundee & Angus Chamber of Commerce has received the prestigious Excellence in Membership Services at the British Chambers of Commerce 2019 Awards in London.