News

A man lost most of his life savings after his best friend turned an oil-fired boiler in his workshop on – unaware that €540,000 was stashed inside.

Statistics released yesterday by HMRC have revealed that Scotland has seen another rise in Research and Development (R&D) tax credit claims. The latest 2017-18 figures show Scottish companies made a total of 2,210 claims, up from 1,900 made that this time last year.

The latest Scottish Chambers of Commerce (SCC) Quarterly Economic Indicator survey for Q3 of 2019 shows that businesses continue to struggle due to factors caused by Brexit uncertainty in the most recent quarter.

House prices in Scotland continued to rise over the last three months, bucking the trend across other UK regions.

Standard Life Aberdeen is to cut up to 70 jobs in its IT department due to outsourcing. Workers at the financial services company were called into a meeting yesterday afternoon and told that the company's IT services would be outsourced to US-headquartered IT services company Cognizent.

Lanarkshire is to host the Lanarkshire Women in Business Closing The Female Funding Gap event next month to provide expert advice and access to funders to women across the area. The event follows the successful launch of Lanarkshire Women in Business last month – a brand new initiative designe

East Killbride-based pharmaceutical wholesaler Target Healthcare Group has received a seven-figure funding package from HSBC UK. The firm has said it will use the funding to boost its domestic and international business and increase its staff.

Glasgow-based TSF Finance has appointed Stephanie Moyes as director and Ian Close and Lee Mair as senior funding partners. TSF Finance services include invoice finance, asset finance, VAT loans, unsecured loans, commercial mortgages and bridging finance.

BDO LLP's Inflation Index fell by 1.39 points to 95.36 points in September - the lowest level since the Brexit referendum more than three years ago. The index now sits on the brink of the deflationary threshold (95.0), signalling a potential economic downturn.

Youth football teams in North-east Aberdeen have received a boost ahead of the new football season thanks to backing from Scott James Wealth Management (SJWM). SJWM announced its support for East End Lewis Youth and Stonehaven Youth FC’s girls’ under-13 side.

A delegation from 15 credit guarantee corporations of Japan has paid a visit to DSL Business Finance Ltd. The delegation are visiting to study the Enterprise Guarantee Scheme (EFG).

An English local authority has invested £18 million in return for a 50% stake in Scottish energy provider Together Energy to supply its residents with green electricity. Together Energy, which offers low priced dual-energy tariffs up to a three year fixed term, was founded by Paul Richards, a

The Financial Conduct Authority (FCA) has fined Tullett Prebon (Europe) Limited £15.4 million. The authority has fined the company for failing to conduct its business with due skill, care and diligence, failing to have adequate risk management systems and for failing to be open and cooperative

Chartered accountant Dr Catherine Martin has been appointed to Parkinson's UK Scotland's new advisory group.

A survey by Admiral Home Insurance has found that homeowners and renters across the country could be undervaluing their contents insurance by £115bn, despite a third believing their possessions are at risk. The insurance body surveyed 1,000 adults in the UK, asking them to estimate the value o