PwC: Largest UK companies pay £1 in every £10 collected by HMRC

The largest 100 companies in the UK paid just £84 billion in tax last year, the equivalent to just over £1 in every £10 received by HMRC, according to an annual survey by PwC.

Published 1 December 2020

English bar owner wins legal battle over tax of juices

An English bar owner who refused to pay VAT on his 'super juices' by claiming they should be classed as food, has won a five-year legal battle with HMRC.

Published 1 December 2020

Scottish business confidence falls but vaccine offers new hope, Bank of Scotland finds

Business confidence in Scotland fell 10 points during November to -38%, however, the prospect of a COVID-19 vaccine offers hope, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Published 1 December 2020

ACCA commits to delivering UN sustainable development goals

The UN Secretary General declared 2020 to be the year to mobilise for a “decade of action” to deliver the UN Sustainable Development Goals (SDGs) by 2030. In response, the Association of Chartered Certified Accountants (ACCA) has announced its contribution to this global ambition by publishing its own commitments to the delivery of the SDGs.

Published 1 December 2020

ILC Therapeutics announces first international investor

Lanarkshire-based biotechnology company ILC Therapeutics (ILCT) has announced that it has secured significant investment from its first global investor Medical Incubator Japan (MIJ).

Published 1 December 2020

UK house prices climbed by 6.5% in November

UK house price growth rose by 6.5% in November, the highest rate since January 2015, according to the latest Nationwide House Price Index.

Published 1 December 2020

Lloyds launches new cashback initiative with local retailers

Bank of Scotland owner Lloyds Banking Group has joined forces with 500 UK retailers to offer cashback services in communities where cash availability is low.

Published 1 December 2020

Tech Nation reveals Scotland’s five top early-stage tech companies

Tech Nation has announced the five Scottish regional winners of its Rising Stars 3.0 competition.

Published 1 December 2020

Scottish Land Fund boosts 29 community groups with £3.6m funding

Multiple projects across Scotland have received £3.6 million of funding in the latest round of grants from the Scottish Land Fund.

Published 1 December 2020

FCA reminds firms to be ready for end of Brexit transition period

The Financial Conduct Authority (FCA) has reminded firms to be ready for the end of the Brexit transition period in one month’s time.

Published 1 December 2020