News

Business leaders in Scotland have called for the government to replace Business Rates with an online sales tax similar to Digital Services Tax, according to a new poll conducted by accountancy and advisory firm BDO LLP. A significant majority (81%) of Scottish respondents indicated that with busines

A scheme aimed at encouraging SMEs to switch from Royal Bank of Scotland to other lenders has been extended to help struggling firms during the coronavirus pandemic. The deadline for the Incentivised Switching Scheme (ISS) has been extended to the end of February 2021, whilst a further 200,000

The Scottish economy is now in its deepest recession in living memory, according to the latest Economic Commentary by the Fraser of Allander Institute at the University of Strathclyde.

Aberdeen Standard Investments (ASI) has launched a new fund which seeks to generate strong long-term performance by allocating capital to companies which demonstrate strong management of their environmental, social and governance (ESG) risks and opportunities. The Aberdeen Standard SICAV I - Gl

The development of a high-head (142m) hydropower scheme on the Barr River near Loch Teacuis in Lochaber has secured a new finance arrangement from Triodos Bank UK and the Scottish Investment Bank.

Spending on non-essential items improved in May signalling an increase in consumer confidence, according to the latest data from Lloyds Bank.

The business and accountancy profession is facing increasing operational challenges, thanks to the expanding social and economic impact of the coronavirus pandemic, according to the Association of Chartered Certified Accountants (ACCA)'s new global COVID-19 survey. 

The Financial Conduct Authority (FCA) has launched a consultation on proposals that are designed to promote value for money for the members of workplace personal pension schemes. These proposals aim to make it easier for Independent Governance Committees (IGCs) and Governance Advisory Arrangements (

Around 60 jobs are to be cut at BBC Scotland as the broadcaster moves to save £6.2 million this financial year. Donalda MacKinnon, director of the broadcaster's Scottish arm, informed staff that despite efficiency savings being identified, the BBC will have to reduce the number of employees it

A woman who married her husband while she worked in his chip-shop has been awarded a divorce settlement just shy of £4 million.

Kelso-based accountancy firm Douglas Home & Co has developed a new coronavirus resilience scheme to help businesses manage the impact of COVID-19.

The Scottish Professional Football League Trust (SPFL) has announced that all 42 of its clubs will receive £50,000 from its COVID-19 Crisis Fund.

Graeme Jones, the chief executive of Scottish Financial Enterprise (SFE), has announced that he will be retiring from the role at the end of this year, following five years at the helm of the representative body. Since joining SFE in January 2016, Mr Jones has overseen the development and imple

Royal Bank of Scotland is hosting a Q&A webinar with business experts to help Scottish SMEs prepare for the easing of lockdown restrictions and the challenges coronavirus has created. The free event, the second in its From Resilience to Recovery series, will see digital experts and sustainabilit

Edinburgh-based Shoply has been named on the Startups 100, the UK’s longest-running index of disruptive new startups. The firm has been listed at number 67 and is just one of two Scottish start-ups included in the index with Snag Tights listed at number 59.