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A Chinese mobile phone number ending with five eights has sold for 2.25 million yuan (£250,000) in an online auction.

KPMG has appointed three new directors to its tax and audit teams within its Scottish practice.  In Edinburgh, Craig Barrowman has been appointed director in the tax and legal team. He’s joined by tax director Ruth Wallace in Glasgow and Michelle Smarsh, who is promoted to audit dire

Staff at Big Four accountancy firm PwC and asset manager company Schroders are to work from home permanently signalling a change to flexible working in the wake of the coronavirus pandemic. Kevin Ellis, PwC’s chairman, has said thousands of the firm’s 22,000 UK staff will never retu

Edinburgh-based private bank Hampden & Co has posted continued strong growth in lending and deposits in the first half of 2020 despite the headwinds of the coronavirus pandemic.  Despite the COVID-19 lockdown and the reduction of UK base rates to historic lows, the bank grew its deposi

Matt Henderson, restructuring partner at Johnston Carmichael, reflects on the speculation of imminent corporate failures in the UK stemming from the coronavirus pandemic.  There’s been a lot of concern expressed that an imminent rise in corporate failures is on the cards as soon as s

Architecture practice 3DReid has secured a loan from Barclays through the Coronavirus Business Interruption Loan Scheme (CBILS). The company has worked on a number of high-profile projects including designing the Emirates Arena & Sir Chris Hoy Velodrome, the showpiece of the 2014 Glasgow Commonw

Online bank Monzo has topped the charts for customer service amongst UK banks in the latest Ipsos MORI Personal Banking Service Quality survey. Customers with personal current accounts were asked how likely they would be to recommend their provider, their provider’s online and mobile bank

The UK housing market had its busiest month for a decade in July as the value of property sales reached a record £37 billion, according to Rightmove.

A new package of support for Renfrewshire businesses to tackle the immediate impact of coronavirus is now open for applications. The £1.3 million Renfrewshire Coronavirus Business Support Fund offers local businesses, including people self-employed, the opportunity to apply for:

From today, 3.5 million eligible self-employed people in the UK will be able to claim for the second grant under the Self-Employment Income Support Scheme (SEISS) - which gives financial support during the coronavirus crisis. 

Aberdeen-based plastic surgery firm Alpha Clinic has acquired established aesthetics business Innocent Aesthetics Ltd just months after opening in the West End of the city. Alpha Clinic is owned by Leah and Thanassi Athanassopoulos. The couple invested a six-figure sum earlier this year to

ISIS allegedly ran a coronavirus personal protective equipment (PPE) scam, according to the US Department of Justice (DOJ). 

A new survey by the Scottish Chambers of Commerce has found that further direct financial support is needed to help firms deal with potential local lockdowns as over half of firms (56%) have reported lower levels of cashflow compared to one month ago. A total of 56% of the firms surveyed h

Guthrie Group, a Livingston-based distributor of health and safety and facilities supplies, has secured £250,000 in funding from the Royal Bank of Scotland to secure the long-term future of the business following the coronavirus pandemic.   The CBILS loan has enabled the business to maint

An aerospace centre of excellence will be built adjacent to RAF Lossiemouth, thanks to £21 million of funding, UK Government minister for Scotland, Iain Stewart, has announced.