News

HMRC has highlighted ten of the weirdest excuses and expense claims it has received in the last decade. The top ten most bizarre excuses and questionable expenses claims for items, in reverse order, are:

Blair Nimmo and James Lumb from KPMG’s restructuring practice have been appointed joint administrators of Dumfries-based Penman MW Ltd, trading as Penman Engineering. So far, 44 employees have been made redundant, with the remaining 17 members of staff being retained to assist the administrati

Husband and wife team Dimitrios Giatras and Kyriaki (Kelly) Ntaoutidou have purchased a dental business with two surgeries in Paisley, thanks to a £500,000 funding package from Royal Bank of Scotland. Dimitrios and Kelly, who originate from Greece, bought Happy Smiles dental surgery from

Clean energy solutions provider Logan Energy has secured £1 million investment from Kelvin Capital via its international collaboration with Henan Lanxing Power Equipment Co Ltd (Lanxing) to build on its hydrogen technology capabilities and develop operations in the Chinese market. Lo

The short-term outlook for the Scottish housing market has improved markedly following the General Election result with price and sales expectations for the three months ahead increasing sharply, according to the Royal Institute of Chartered Surveyors (RICS).

TSB is set to open a new IT centre in Edinburgh in a move to drive the expansion of digital banking as part of a £130 million investment, creating 100 technology jobs. The opening of the new centre, based in Henry Duncan House in George Street, will see 100 new jobs added to the region, includ

SHE Software has received a £1.4 million research and development (R&D) grant from Scottish Enterprise to support its £4m expansion plans. SHE Software is investing £4m in a cutting-edge health and safety technology project, the funding from Scottish Enterprise will help the Ea

Edinburgh-based property investor Sigma Capital has celebrated a "significant uplift" in profits from its developments in the last few months of 2020, leading directors to expect the firm to hit market expectations when they announce full-year results in April. Sigma Capital has also announced that

City deals have been positive for Scotland's economy but the Scottish Government does not have a plan to measure their overall long-term success, according to a report by the Accounts Commission and Audit Scotland. The public spending watchdogs said city region and growth deals have enabled economic

Edinburgh-based Ingenious Audio has secured a six-figure funding package from Kelvin Capital, The Scottish Investment Bank and e2c to commercialise its patented Wi-Fi Audio technology known as “Fi-Live”.

Only one in three people know the rate of VAT and even fewer know how much you can pay into an Isa, a further nine in ten did not know the rate of national insurance contributions, a survey by Vanquis has revealed.

Public finance minister Kate Forbes has replied to a letter from the Scottish business community highlighting the Scottish Government’s support for maintaining the Uniform Business Rate. In the letter, she echoed concerns that the amendment to devolve control of rates to local authorities woul

Senior leaders from the public, private and third sectors gathered in Falkirk yesterday to hear about the Falkirk and Grangemouth Investment Zone. The meeting detailed the major economic opportunities for the local area that could see thousands of new jobs created and hundreds of millions of pounds

Standards for trade after Brexit must not be allowed to deteriorate, the First Minister has said.

Export-oriented companies will be represented by the newly-established Scottish Africa Business Association (SABA) at the UK Government’s UK-African Investment Summit (UK-AIS) which will take place on January 20. The summit, which involves the Foreign and Commonwealth Office, the Department fo