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The National Audit Office (NAO) has said that £50 billion worth of banknotes in circulation are "missing". The public spending watchdog said the money is not accounted for in transactions or identified as savings by UK households.

To mark the end of Scottish Food & Drink Fortnight, Susan Dunlop shares a few thoughts on the prospects for the industry in the coming months with uncertainty dominating. For many of Scotland’s food and drink suppliers, producers and retailers, the last six months have been arguably the mo

An airline which offered a one-off "flight to nowhere" has reported that tickets sold out within 10 minutes.

Consultancy and brokerage firm Watts Commercial Finance has expanded its presence in Scotland with the opening of a new national office. Commercial managers Emma Ross and Dean Thomson, two stalwarts of the banking industry, have been appointed to head up the new office.

Scottish accountancy firm Goldwells has announced the acquisition of two Moray firms, Moray Tax Specialists and Chris Banks Bookkeeping. The double acquisition means that Aberdeenshire-based Goldwells now has eight offices across north and north-east Scotland and a presence in Elgin for the first ti

Aberdeen Standard Investments (ASI) has announced that Mark Redman will succeed Peter McKellar as global head of private markets. After nearly 20 years with the business, Mr McKellar will retire from ASI at the end of Septmeber.

The Aberdeen Smaller Companies Income Trust PLC has reported "relative outperformance" despite the challenges of the COVID-19 pandemic. Although the Numis Smaller Companies ex-Investment Trusts index, the Trust’s new benchmark, returned -25 per cent in the six-month period to the end of June 2

Big Four audit firm Deloitte has been slapped with a record £15 million fine by the Financial Conduct Authority (FCA) in connection with failures in its audit of Autonomy. The watchdog today announced sanctions against the firm and former partners Richard Knights and Nigel Mercer following ear

Social Investment Scotland (SIS) has reported record-breaking £10.9 million investment in social enterprises, community organisations, and mission-driven businesses over the past year. According to its latest Social Impact Report, SIS invested £4.36 million in social enterprises and comm

A new online life and legacy planning platform has been launched following an additional £600,000 investment from savings and investments businesses. Legado, based in Edinburgh, launched today following the significant financial backing from Prudential and FNZ.

Adam Hardie, head of food and drink at Johnston Carmichael, considers the challenges as the food and drink sector returns to "normal". While the impact of the Covid-19 pandemic has proved devastating for many sectors, small, local food and drink suppliers have been on the right side of an unpreceden

Six entrepreneurs from five Scottish businesses have made the shortlist as finalists competing for the prestigious EY Entrepreneur of the Year UK Award. The five Scottish businesses are among 25 selected as finalists across the UK.

The narrowest house in London, which is just over one-and-a-half metres wide in places, has been put up for sale for nearly £1 million.

A Scottish government report has estimated that extending the furlough scheme by eight months could save 61,000 jobs in Scotland. The new research estimates that the direct cost of extending the furlough scheme in Scotland to June is around £850 million, but the wider economic benefits, s

The Scottish economy contracted by 19.4 per cent in the second quarter of 2020 as the COVID-19 pandemic swept the country, new figures show. Economy Secretary Fiona Hyslop said the figures, which reveal a 21.1 per cent contraction over the year compared to Q2 2019, show the "extremely serious impact