News

Urgent action is needed to help families repair their finances to stay afloat over the coming months in the face of a COVID-19 winter, according to a new report from IPPR Scotland.

The private, public and third sectors must urgently form a taskforce to help the millions of people facing serious debt issues caused by COVID-19, according to insolvency firm Carrington Dean. The call comes as the UK braces itself for the fallout of furlough and new restrictions while the pressures

As UK SMEs continue to tackle the effects of the pandemic, The Association of Chartered Certified Accountants (ACCA) and the capital advisory platform Capitalise.com are working together to help bridge the advice gap ensuring firms choose the right options for funding and capital loans. Both ACCA an

UK savers are set to miss out on millions in returns after an epic £75.5 billion savings haul in lockdown, due to low savings account interest rates, according to a new report by Atom bank.

According to new research from Co-operatives UK, community ownership models are helping to create a new generation of UK businesses that are better equipped to withstand the COVID-19 crisis. The organisation’s biggest ever study of the community shares market finds that of those businesses who

A report outlining a new targeted inward investment plan focusing on nine key sectors to further internationalise Scotland’s economy has been published by the Scottish Government. Announced yesterday by trade, investment and innovation minister Ivan McKee, Shaping Scotland’s Ec

A relative of Zimbabwe's president has been arrested at Robert Gabriel Mugabe Airport in Harara after she allegedly tried to smuggle 14 bars of gold on a flight to Dubai.

Fraserburgh-based accountancy practice M Squared Accountants has celebrated its third birthday with a string of key appointments. Following a period of rapid, and ongoing, growth, three new members have been added to the team, which supports clients from a range of industries with all aspects of bus

Dental-firm Oracare Scotland Ltd has acquired Cults Dental Practice in Aberdeen thanks to a £491,225 funding package from Royal Bank of Scotland.

The number of new tech start-ups in Scotland has increased by 57% in quarter three this year compared to quarter one data, according to new research conducted by audit, tax and consulting firm RSM.

Nicola Ross, partner in Morton Fraser's litigation and dispute resolution team, discusses the changes in insolvency regulation in relation to pre-pack deals in administrations. Insolvency legislation has been coming thick and fast in recent months, and this time it's pre pack sales to conn

Clyde Munro, Scotland's largest dental group, is looking for new acquisitions after confirming plans to invest further in the industry. In the last week, Clyde Munro has acquired two new practices and has a further 10 practices in the final stages of the acquisition process on heads of terms. It has

UK businesses suffering from the effects of COVID-19 could be stifled further when HMRC becomes a major creditor when firms go bust, according to Simon Rothenberg, a manager at tax and advisory firm Blick Rothenberg. In a move that they hope will generate £185 million, HMRC will

The UK's hotel sector could take four years to return to pre-pandemic occupancy levels, according to PwC's latest UK Hotels Forecast 2020-2021.

Glasgow-based Specialist Industrial Supplies (SIS) has made a £250,000 investment to help Scottish businesses prepare for winter.