News

Retail sales volumes saw further improvement in July of 3.6% month-on-month, as the sector benefitted from a full month of non-essential retailers being allowed to open, according to the latest figures from the Office for National Statistics (ONS). 

A playhouse listed on Airbnb as a joke has been booked by a family of four for a weekend break.

Big Four accountancy firm KPMG is expected to garner £16 million in fees for its handling of the administration of property empire Intu the former owner of the Braehead complex near Glasgow.

Investment syndicate Equity Gap has completed 22 investments in the first half of 2020, with total member funds invested since inception topping £20 million. This month, Equity Gap also celebrates 10 years as one of Scotland’s most successful angel investment groups with record investmen

Audit Scotland's latest briefing paper has found that the coronavirus pandemic will have significant consequences for public spending in Scotland now and well into the future. Analysis of the financial implications of the pandemic and the uncertainty it has brought notes that more of the Scotti

Livingston-headquartered manufacturing group Empteezy, which specialises in spill control solutions, has secured a £1 million CBILS funding package from the Royal Bank of Scotland to support the company as it commences production of disposable face masks. The funding boost from RBS assisted th

The Scottish Government has announced a £1 million support fund for local businesses in Aberdeen who have been affected by the local lockdown restrictions which have been imposed in Aberdeen.

Edinburgh-based Zumo, the cryptocurrency wallet and exchange platform, has appointed Dagmara Aldridge as its first chief operating officer. Dagmara Aldridge assumes her post immediately and brings over 15 years of leadership experience across the payments, financial services and FinTech sectors. Dag

Just one-easy access savings account in the UK now beats the inflation rate marking another blow for families amid the current economic recession.

Saffery Champness is advising its rural clients on the latest position regarding the various support schemes in place for those businesses and the self-employed adversely affected by the coronavirus outbreak, including impending closure of certain schemes. The second round of support under the Self-

The Chancellor’s current Stamp Duty Land Tax (SDLT) is a potential future tax trap for buyers according to property management firm Apropos.  The firm believes that whilst welcoming the increased threshold of SDLT to £500,000 to kickstart the housing market after lockdown, the curre

The Supreme Court has partially allowed the appeal in a case in which it was disputed whether the ultimate transfer of a pension fund to a personal pension plan attracted inheritance tax. It held, by a majority, that the omission to draw any benefits gave rise to a charge to inheritance tax, but the

A man has bought an old dodgem off eBay for £30 and transformed it into a fully-functioning mobility scooter. 

Small businesses across the UK reported a pick-up in activity in July, according to the latest Royal Bank of Scotland UK Small Business PMI report. The increase in activity is a further sign of operating conditions gradually improving following the lifting of lockdown measures. However, th

Over five in six (86.1%) respondents to an R3 survey of insolvency professionals in the UK say they expect personal insolvency numbers to increase over the next year, with a significant proportion expecting a rise as early as this autumn.