The UK government borrowed £35.9 billion in August as the coronavirus pandemic took its toll on the public finances, according to the latest figures released by the Office for National Statistics (ONS).
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The Scottish Government has now committed more than £350 million to support communities during the coronavirus pandemic. Since March, this funding has enabled councils, charities and community groups to be flexible and respond swiftly to help people impacted economically or socially, including
A rabbit breeder has been fined €2,400 for injuring his rivals in a fight at Germany’s Federal Buck Rabbit Show.
Kirsty Ross, head of KPMG’s family business team in Scotland, discusses the resilience of family businesses and how firms can use their generational experience to ride out the COVID-19 storm. For Scotland’s family business community, 2020 will be a year to forget. A global pandemic, lock
Glasgow-based technology firm Exizent has secured £3.6 million in funding from several investors including FNZ to transform the way the legal and financial services industry deals with bereavement. Exizent is building the first-ever platform that connects data, services and the network of peop
Dunedin Income Growth Investment Trust, a fund managed by Standard Life Aberdeen (SLA) has posted a net asset value (NAV) drop of 11.4%. For the six months to July 31 2020, the company delivered weak absolute but positive relative returns. Despite the drop in NAV, the company outperformed its
A “game-changing” £300,000 has boosted the Langholm Moor Community Buyout’s attempt to secure southern Scotland’s biggest community land buyout – bringing its funding total to £3.1 million – as a 31 October deadline looms.
Following a successful pilot in six markets, the Association of Chartered Certified Accountants (ACCA) is launching a global rollout of its mentoring programme which connects members and affiliates with each other. Digital technology is reshaping relationships. It has never been more important, or a
Ruari Fairbairns, the founder of One Year No Beer, has been named Great British Entrepreneur of the Year for Scotland and Northern Ireland at the Great British Entrepreneur Awards. Inspired by Mr Fairbairns' own personal journey, One Year No Beer is a global alcohol prevention program, aimed at anyo
Edinburgh-based financial planners Nucleus Financial has partnered with financial planning community NextGen Planners to present "illuminate live reimagined", a series of live online events held over the next four weeks. The format of Illuminate live events has been reworked for 2020, with the
Glasgow’s 150 Broomielaw office building has been acquired for circa £40 million by Singapore-based Elite Partners Capital from a Jersey Trust. The acquisition is one of the biggest UK office deals outside of London following the COVID-19 pandemic.
America's largest bank, JP Morgan, is transferring around €200 billion (£184 billion) from the UK to Germany as it prepares for Brexit. According to Bloomberg, the transfer of assets will make the bank one of the largest in Germany based on the size of its balance sheet. The transfer of a
The post-Brexit UK internal market needs mutual trust and respect between governments, according to Holyrood’s Finance and Constitution Committee. In its response to the UK Government’s White Paper consultation, the committee tells the Secretary of State for Business, Energy and Ind
Cyber-criminals attempting to sell Bruce Springsteen's legal documents online were left disappointed when the auction of the data attracted no buyers.
Sandy Begbie CBE has been appointed as the new chief executive of Scottish Financial Enterprise. Mr Begbie will join SFE on October 1 and work alongside current chief executive Graeme Jones, who is retiring at the end of this year after five years in the role, during a three-month handove