News

Scotmid Co-op has posted strong full-year results with trading profits reaching £5.6 million compared to £5.3m last year. The announcement arrives amid the economic uncertainty of the coronavirus pandemic and in Scotmid’s 160th anniversary year.

A £5 million fund will offer interest-free loans to landlords whose tenants are having difficulty paying rent during the coronavirus crisis.

The Scottish Government has announced a one-off £75 million increase in funding for Scotland’s universities to ensure they can protect their world-leading research programmes against the financial impact of COVID-19. The significant intervention will help secure the jobs and training nee

Tools for flagging signs of poor quality audits should be used more effectively so timely corrective action can be taken, according to a major review of their use by the Financial Reporting Council (FRC). The FRC’s study looked at the most useful indicators of both poor and good audit quality

A couple have been fined for breaking the coronavirus lockdown rules by making a 135-mile round trip to the coastal resort of Whitby "to smell the sea".

Accountancy and business advisory firm French Duncan has helped hundreds of firms navigate their way through the coronavirus period. The firm has already submitted client claims that total over £2.5 million in furlough payments, nearly £5 million in Coronavirus Business Interruption Loan

Brewin Dolphin has added to its growing Glasgow financial planning team with the appointment of Daniel Hough. With a decade’s experience in financial services, Mr Hough joins the wealth manager as a financial planner from Mattioli Woods where he spent more than four years working in Aberdeensh

A round-up of positive business stories from across Scotland.

Chartered accountants Wylie & Bisset has cautioned business owners against seeking to borrow their way out of COVID-19 financial difficulties and urged them to engage with financial advisors before rushing to submit a Coronavirus Business Interruption Loan (CBIL) application. While acknowle

Virgin Money, formerly known as Clydesdale Bank, has announced that it has appointed David Bennett as its new chairman.  His appointments follows the announcement made earlier this year that its current chairman, Dundonian Jim Pettigrew would retire.

Eilidh Mactier, real estate associate at law firm CMS, details how diversification may shape the future of retailers and restaurants in Scotland after the coronavirus pandemic.  Retailers and restaurants have been among the businesses hardest hit by the impact of COVID-19. The March 2

British savers have accrued a staggering £119 billion in ISAs in the past 21 years that has been directed towards buying a home, new research from Scottish Friendly has revealed.

Job vacancies have plummeted across all corners of Scotland in April, with adverts for jobs dropping by 60.1% compared to March, according to data from CV-Library.

It is estimated that there are around 1.6 million pension pots worth £19.4 billion unclaimed because homeowners rarely contact their pension providers when they move home, according to the latest research commissioned by the Association of British Insurers (ABI). 

Business confidence in the UK has reached a record low due to the impact of COVID-19, according to the latest CFO Survey by Deloitte.