News

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.

The productivity and creativity of the UK's workers could be suppressed in the long term if home working continues, according to Andy Haldane, the Bank of England's chief economist.  Mr Haldane said that fewer day-to-day conversations, face-to-face meetings and introductions posed ris

A free event dedicated to Scottish family businesses, hosted by Royal Bank of Scotland, has kicked off this week, exploring how a strong and resilient business can be built in the current climate. With a mix of live panel discussions, interactive breakout sessions and a variety of supporting thought

A new strategic approach to attracting inward investors and further internationalising Scotland’s economy will be published today by the Scottish Government.  Ivan McKee, minister for trade, investment and innovation, will present Shaping Scotland’s Economy: Scotland’s Inward

Thieves have stolen half a tonne of grapes from a vineyard, the equivalent of 350 bottles of white wine, or £3,300.

Business advisory firm Quantuma has appointed restructuring and property expert John MacLean as director in its Glasgow team. The new hire follows a period of significant growth for Quantuma in Scotland after its merger with WRI Associates in March this year.

Gartmore House, a country house and estate in Stirling has diversified its business model and positioned itself for growth, thanks to a £200,000 funding package from Bank of Scotland. Built in the mid-18th century, Gartmore House is a 23-bedroom mansion house and activity centre offe

Risk-averse Scots are the least likely to take a risk with their investments, according to financial planning firm Wren Sterling.

HMRC has been accused of making fewer arrests on white-collar tax dodgers due to a lack of resources and criticism about it being too “trigger happy”.

Chad Griffin, restructuring specialist at FRP Advisory, discusses how the current downturn in the North Sea is likely to see a far deeper level of oil and gas restructurings and a higher level of insolvencies than in 2015, the last comparable period when there was a much stronger base position than

UK banks are turning away mortgage business by increasing interest rates on several new mortgages as they struggle to cope with soaring demand for borrowing in the post-lockdown housing market.

Staff at Lloyds Banking Group will be told to work from home until at least next spring to reduce the spread of COVID-19.

Glasgow’s 122 Waterloo Street, home to international banking giant Morgan Stanley, has been named Scotland’s top corporate workplace in the British Council for Offices’ (BCO) 2020 awards. The highly sustainable, grade A office building, developed by HFD Property Group, opened in 20