News

Lloyds Banking Group has been forced to reopen a compensation scheme set up for victims of fraud after a report revealed the bank allowed "serious shortcomings" to occur. Scores of small business owners were affected by the £1 billion HBOS scandal where consultants linked with an HBOS facility

Scottish whisky and salmon fillets have been included on a list written by US officials which details the potential targets for an expanded range of goods facing tariffs.

The Data Lab, Scotland’s innovation centre for data science and artificial intelligence (AI), has appointed two financial figures to its governance board. The appointments come after The Data Lab recently announced its selection by the Scottish Government to lead on co-ordinating a new nationw

Retail sales have seen some festive growth side from Black Friday sales distortions, according to the Scottish Retail Consortium (SRC) and KPMG.

Edinburgh-based tech start-up Robotical has announced the completion of its £43,291 Kickstarter campaign, having set an initial target of £30,000. The campaign saw almost 200 backers pledging in return for product bundles of the second version of Marty the Robot (Marty V2) ranging from a

The Institute of Chartered Accountants of Scotland (ICAS) has said that the burdens on businesses in the tourist industry arising from the implementation of the Transient Visitor Levy (TVL) must be kept to a minimum. The ICAS submission was prepared by the ICAS Tax Board which represents the views o

Work has been completed on the new £25m boutique Malmaison hotel in Edinburgh. Jonathan Livesey, Malmaison’s development director with Steve McManaman from S Harrison

A new £32 million business park is to be built by entrepreneur Robert Morris on the site of his former furniture factory in Glasgow.

Small and medium-sized businesses in Glasgow are being given the chance to learn vital digital skills for free as BT is working with Google Digital Garage to deliver the training.

A rare bottle of The Rolling Stones' 50th-anniversary whisky sold for over £30,000 at Bonham's Whisky Sale in Edinburgh yesterday.

Dundee based charity Launch It, has toasted success after directly supporting 10 businesses in the eight months since opening its doors in the city. The charity supports young entrepreneurs aged between 18 and 30 and was formally opened by the chairman of software firm 4J Studios, Chris van der Kuyl

Almost a third (32%) of Scots don’t know how sprouts are grown, according to new research from Barclays Business Banking.

HMRC has cut a further £5 million from its claim against the company which owned Rangers Football Club, according to the latest report from BDO. The dispute between HMRC and Rangers FC concerns the manner in which some players were paid by the club from 2001 to 2009 and the lack of tax being p

KPMG has announced the launch of an apprenticeship programme in Scotland designed specifically for the next generation of auditors. The professional services firm’s first ‘audit only’ apprenticeship has 9 vacancies up for grabs to school leavers across its three Scottish offices (A

The Financial Reporting Council (FRC) has announced sanctions against Grant Thornton UK LLP. The sanctions are held against Grant Thornton and one of its Audit Engagement Partners in relation to the statutory audit of the 2016 financial statements of a publicly listed company.