News

Former Metro Bank chief Darren Schindler has been appointed chief operating officer of Karma, the fintech seeking to disrupt the payday loan market. Mr Schindler, joins the fintech after a series of successful Scottish trials of the app which empowers employees to access interest-free monthly advanc

The UK Government has extended the maximum loan size available through the Coronavirus Large Business Interruption Loan Scheme (CLBILS) from £50 million to £200m. The move aims to ensure those large firms which do not qualify for the Bank of England’s COVID Corporate Financing Faci

A group of young men who gave cider to cows in Castle Park in Dedham have been fined for flouting lockdown restrictions.

Audit, tax and consultancy firm RSM has urged Scottish directors to act in the best interest of stakeholders warning that if they do not, they could be found personally liable.  Company directors are working hard to keep their business up and running and ready to get back to more normal trading

Xenith Financial Consulting Limited, an Aberdeen based accountancy firm founded by Scottish Woman in Finance 2019, Kimberley Oliver, has launched a new business intelligence (BI) service line to allow their clients to unlock the power of their data. The new service will provide clients with bespoke

Lyn Calder, a managing partner of Anderson Anderson & Brown (AAB), appears in one of the firm's new videos urging more businesses to apply for the government COVID-19 loan schemes such as CBILS and Bounce Back with the aim of positioning themselves strongly for the ‘new normal’.

Analysis by 3Gem Research & Insights on behalf of Scottish Friendly has revealed that 45% of savers in Britain expect to draw money out of savings and investments to cope with the impact coronavirus is having on their household finances. The most likely place they will look to source cash from i

The Sunday Times has published its Rich List 2019 revealing that Scotland's richest residents are worth £35 billion. 

David Shadwell, accounts and business support partner at accountants Chiene + Tait, recently returned to the UK after spending nine years in Wellington, New Zealand. He details the lessons Scottish businesses can learn from New Zealand as we begin the process of coming out of lockdown. Before r

The Bank of England’s chief economist has suggested that it is considering introducing negative interest rates to help alleviate the economic woes created by the coronavirus pandemic. Andy Haldane said that pushing interest rates to below zero, as well as buying riskier assets under the c

Shellfish growers and trout producers will receive a share of £800,000 of Scottish Government funding to help make improvements to their businesses to mitigate the impact of the global coronavirus pandemic. The grants from the European Maritime Fisheries Fund (EMFF) to 11 aquaculture businesse

Global dividends are expected to fall by as much as 35% this year, according to the latest Global Dividend Index from Janus Henderson.

United Capital has expanded its portfolio with the acquisition of Glasgow-based Saltire Facilities Management, a company with over 320 direct employees and an annual turnover of circa. £30 million, for an undisclosed sum. Saltire Facilities Management was founded in 2000 as a public/priva

Dundee-based Alliance Trust Savings (ATS) has been censured by the Information Commissioner over the use of a mobile app which allowed it to access an “excessive amount” sensitive personal data of its employees, The Courier has reported. The Information Commissioner ruled that the financ

Wide-spread mass redundancies have been avoided in Scotland amid the coronavirus pandemic thanks to the UK Government's furlough scheme, according to the latest CIPD Labour Market Outlook in partnership with the Adecco Group.