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Business development organisation Entrepreneurial Scotland (ES) has announced a further two speakers for its upcoming annual Summit, on April 25 – the foremost networking event on the annual Scottish business calendar. David S. Rose, chief executive officer (CEO) of the global financ

The Swiss National Bank has today put into circulation its new new 1000-franc note, which is one of the highest denomination notes in the world, with a value of £760. The revamp of the note stands in contrast to other central banks around the world which are moving away from large notes b

The Financial Reporting Council is to be shut down and a new regulator introduced to transform the audit and accounting sector in the UK in response to the findings of the comprehensive Independent Review of the industry led by Sir John Kingman, the UK government has announced.

Lloyds Bank, Natwest and Barclays have announced that they will pilot the UK’s first shared business banking hubs. The first hub opened its door in Perry Barr, Birmingham this week.

Glasgow-based investment syndicate Kelvin Capital has moved into its tenth year of business by completing its biggest investment year yet. A total of £10.5 million was invested across nine businesses in its portfolio in 2018, made up by eight follow on investments and one new investment.

Financial services body Scottish Investment Operations (SIO) has this week said it plans to double in size with a target of growing group membership by 100 per cent within two years by offering different levels of subscription. The strategy for growth was outlined last night in Edinburgh when the or

SME and Mid-Market businesses in Scotland still struggle to see the value of tax relief in driving growth, according to new research from KPMG. While KPMG said 96 per cent of businesses are predicting to grow at least 5 per cent for the year ahead, less than one in three (29 per cent) see the t

As the fate of Theresa May's divorce deal hangs in the balance today, Scottish middle market businesses are becoming increasingly alarmed about the impact of a no deal Brexit, according to a new survey by audit, tax and consulting firm RSM. Almost half (44 per cent) of Scottish middle market busines

The insurance industry is putting forward ideas to make it easier for the financial sector to invest in greener assets, unlocking billions of pounds worth of funds which could help mitigate the global impact of climate change. The UK’s insurers alone hold over £1.8 trillion in invested a

CYBG’s latest SME Health Check Index witnessed a 4.9 point increase to give a national score of 54.9, the highest level in six quarters. However, this was not the case in Scotland, which received its own score of 42.9, a drop of 1.2 points due to its confidence indicator falling a huge 41 poin

Chris Sanger, EY’s head of tax policy, provides his predictions in advance of the Chancellor's Spring Statement tomorrow  

Private asset management firm Signal Capital has announced a major programme of works to transform landmark building, 55 Douglas Street, in Glasgow city centre. On completion in November 2019, 55 Douglas Street will deliver 85,000 sq ft of Grade A office space over six levels, with large virtually c

The life of British physicist Stephen Hawking is to be celebrated with a new commemorative 50p coin inspired by his pioneering work on the interstellar phenomenon of black holes. A black hole is a region of spacetime that has such strong gravitational effects that nothing—not even particles an

A Scottish businessman has announced that he is to go on hunger strike in protest against what he describes as a “predatory” bank that he claims ruined his life as a result of its now notorious tailored business loan (TBL) products. John Guidi, 63, claims Clydesdale Bank “brok

The UK’s banks, asset managers and insurers have already moved nearly £1 trillion of assets to the continent ahead of Brexit, with the exodus likely to continue throughout the coming months, according to new research.