News

Two-thirds (66%) of investors aged 18-34 began to invest for the first time last year as lockdown made their finances a top priority, research from Dundee-based investment company Alliance Trust Plc has revealed. A third (33%) of younger people who began investing in 2020 said they did so because CO

Xergy, a new tech start-up behind a cloud-based system that can help companies get ready for tomorrow’s economy through digital transformation, has secured £425,000 grant funding from Scottish Enterprise. The funding will enable Xergy to further invest in the development of its revolutio

The UK Government has confirmed that Scottish firms exporting fish and shellfish to the EU who can prove they have suffered 'genuine loss' due to Brexit red tape will be able to claim up to £100,000 in compensation.

Martin Keenan, a cross-border VAT specialist with Azets in Scotland, has warned that the recent description of the problems faced by Scottish Seafood businesses trying to deliver their products to EU customers as “Teething problems” significantly understates the complex and challenging i

Retail sales in Scotland took a significant turn for the worse in the final month of 2020, falling further into decline with 16.6% on a total basis, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.

Consumer price inflation rose slightly more than expected to 0.6% in December from a three-month low of 0.3% in November, according to the latest figures released by the Office for National Statistics (ONS).

The extension of the lockdown restrictions in Scotland announced by First Minister Nicola Sturgeon yesterday is a 'further blow' to Scottish businesses, according to the Scottish Retail Consortium (SRC).

Edinburgh-based Prewired has secured funding from Creative Informatics to take one of Edinburgh’s longest-running coding clubs for young people online. Prewired, which is also supported by the UK’s largest tech incubator CodeBase and tech groups Skyscanner and Deliveroo Engineering, has

Aberdeenshire Council has appointed its head of finance Alan Wood to the interim position of director of infrastructure services. Mr Wood takes up the role with immediate effect following the retirement of Stephen Archer in December.

New figures published by UK Finance show there were 130,000 mortgage payment deferrals in place at the end of December 2020.

Sales of gold bars increased by 53% over the Christmas period, according to The Royal Mint.

An alleged doughnut thief has been arrested for impersonating a police officer.

The administrators of Rangers FC who were maliciously prosecuted have been paid more than £20 million, The National reports. The newspaper claims that £21m in total has been paid to the two men and a further £3m has been given to them for legal expenses.

Scotland has officially recorded only one high-profile fraud case for the entire period of 2020 as COVID-19 continues profound logistical challenges for the country’s justice system. The latest data from KPMG’s Fraud Barometer report reveals a single case of alleged fraud, valued at more

Scottish accountancy practice Wylie & Bisset has promoted two long-standing members of its business recovery and insolvency department. The promotions see insolvency managers Paul McDougall, with almost 15 years’ service with the firm, move to associate director, and Chris Wardle, with ove