News

A former global CEO of accountancy giant KPMG has been appointed as chair of a new strategic board by the new Centre for Business, Climate Change and Sustainability (B-CCaS) at the University of Edinburgh. Mike Wareing CMG is an honorary professor at Edinburgh Business School, as well as former glob

Graeme Williams, director of M&A at KPMG in Scotland, considers the state of the deals market in Scotland. The last twelve months have taken their toll on Scotland’s economy with no sector or business left unscathed by the Covid-19 pandemic.

UK retail sales received a boost in October from early Christmas shopping as buyers start early to ensure gifts reach their recipients in time, Deloitte has said. Ian Geddes, head of UK retail for Deloitte, said the country is set for the "most digital Christmas ever", including in terms of ret

The Edinburgh Tax Network, in conjunction with CIOT and Terra Firma Chambers, will present a talk entitled Penalties for Enablers of Defeated Tax Avoidance on 25th November 2020 from 2pm to 3pm. The speakers will be Ken Curran and Lesley Shakles of HMRC. They will provide an overview of legislation

A couple who discovered rare coins worth nearly £20,000 in their newly-purchased home have returned them to their original owner.

Glasgow-based Aliter Capital LLP has completed an investment into digital micro learning specialist Skill Pill. The investment into Skill Pill, which produces video, animation and gamified eLearning content, will complement Aliter Capital's existing portfolio of online learning companies, Sponge and

Scotland has "more than a solid base" for a future foreign direct investment (FDI) strategy, EY Scotland has said following the publication of a new survey. The proportion of overseas companies planning to invest in the UK in the next 12 months has fallen to 25% from a ten-year high of 31% in April,

Scottish retailers will have to be innovative to survive this winter due to the double impact of Brexit and Covid-19, KPMG has warned. The Big Four accounting firm said its latest retail figures showed sales took a step back in October in a "miniature repeat" of the spring lockdown, with sales of fo

Cluster management organisation FinTech Scotland has enjoyed a boost after Google Cloud joined the cluster to support the growth of the fintech SME community in Scotland. With most fintech firms using cloud solutions to integrate more easily with their clients cost-effectively, the addition of Googl

Edinburgh-based online payment orchestration innovator BRIDGE has been named Payment Start-up of the Year at the international Payment Awards 2020. Now in its eighth year, the Payments Awards recognise and celebrate companies demonstrating excellence and innovation in the global payments space. The

Two former Rangers FC administrators have settled their claims against Police Scotland over their wrongful arrest and detention for an undisclosed sum. Lawyers for David Whitehouse and Paul Clark, who worked for Duff & Phelps, yesterday confirmed they had dropped their lawsuit against the chief

Artisan Real Estate is set to invest £150 million in residential development in Scotland over the next 12 months in a "radical bid" to raise standards for sustainable living in prime city centre locations in Edinburgh and Glasgow. The regeneration specialist launched a new UK-wide building des

The Financial Conduct Authority (FCA) has confirmed updated guidance to firms setting out enhanced support that should be available to mortgage borrowers experiencing payment difficulties as a result of coronavirus. 

A man has become an instant millionaire after a rare meteorite crashed through his roof.

The Sainsbury's Group has said it has received "preliminary expressions of interest" from rivals interested in acquiring the Edinburgh-based Sainsbury's Bank. The bank was established as a joint venture between Sainsbury's and Bank of Scotland in 1997 but has been wholly-owned by Sainsbury's since 2