News

UK Government proposals to reform the calculation of the Retail Index Price (RPI) could cost £122 billion if plans go ahead to implement the changes in 2025, the Association of British Insurers (ABI) has found. It would affect savers, especially those with defined benefit pensions, as wel

Cultural organisations in Dundee have launched the £1 million Dundee Cultural Recovery Fund to ease the financial burden created by the coronavirus pandemic and kick-start the city's cultural and economic recovery.

Simon Cowie, the managing partner of Aberdeen-based Infinity Partnership, has been shortlisted for a highly-respected accountancy award.   Mr Cowie has been named a finalist in the Practice Pioneer category at the 2020 Accounting Excellence Awards. He was nominated for this award last

Innis & Gunn opens the doors to its new Brewery Taproom on The Shore in Edinburgh today on the back of strong trading during the first half of 2020, with UK off-sales increasing significantly during the shutdown of the hospitality sector during the coronavirus pandemic.

UK businesses outperformed their international counterparts on a series of metrics tracking recovery from COVID-19 during July, according to Lloyds Bank.

UK Government debt has reached over £2 trillion for the first time.

Retail sales volumes saw further improvement in July of 3.6% month-on-month, as the sector benefitted from a full month of non-essential retailers being allowed to open, according to the latest figures from the Office for National Statistics (ONS). 

A playhouse listed on Airbnb as a joke has been booked by a family of four for a weekend break.

Big Four accountancy firm KPMG is expected to garner £16 million in fees for its handling of the administration of property empire Intu the former owner of the Braehead complex near Glasgow.

Investment syndicate Equity Gap has completed 22 investments in the first half of 2020, with total member funds invested since inception topping £20 million. This month, Equity Gap also celebrates 10 years as one of Scotland’s most successful angel investment groups with record investmen

Audit Scotland's latest briefing paper has found that the coronavirus pandemic will have significant consequences for public spending in Scotland now and well into the future. Analysis of the financial implications of the pandemic and the uncertainty it has brought notes that more of the Scotti

Livingston-headquartered manufacturing group Empteezy, which specialises in spill control solutions, has secured a £1 million CBILS funding package from the Royal Bank of Scotland to support the company as it commences production of disposable face masks. The funding boost from RBS assisted th

The Scottish Government has announced a £1 million support fund for local businesses in Aberdeen who have been affected by the local lockdown restrictions which have been imposed in Aberdeen.

Edinburgh-based Zumo, the cryptocurrency wallet and exchange platform, has appointed Dagmara Aldridge as its first chief operating officer. Dagmara Aldridge assumes her post immediately and brings over 15 years of leadership experience across the payments, financial services and FinTech sectors. Dag

Just one-easy access savings account in the UK now beats the inflation rate marking another blow for families amid the current economic recession.