News

An additional £20 million is to be invested by the Scottish Government in extra support to help GPs with the cost of running their practices, making a total investment of £50 million over the next two years.

Complying with anti-money laundering (AML) regulations is high on the agenda for the accountancy and legal professions, but the majority are worried about becoming a target for criminals looking to exploit their professional skills and services to enable money laundering, new research has revealed.

Lloyds Bank has been accused of "institutional racism" for refusing to accept a customer’s cheque written in Cornish. Between 300 and 400 people are fluent speakers of Cornish, according to Cornwall Council, while about 5,000 people are thought to have limited conversational ability.

Clydesdale Bank has completed a joint venture tie-up with Salary Finance Limited, a fintech platform that connects to the payroll of participating employers to provide financial wellbeing benefits to employees, including salary-deducted savings and loans, as well as financial education. Clydesd

Scotland’s largest independent accountancy and business advisory firm, Johnston Carmichael, has strengthened its corporate finance team with a senior strategic hire following over £320m of deals in 2018. Campbell Cummings, a qualified chartered accountant, who specialises in M&A

The new housing project in Dundee is in doubt after developer McGill Homes followed its parent company into administration. The housing division of McGill & Co Limited, was placed into administration last week, days after administrators were appointed to the main company, mak

The UK inflation rate fell to its lowest rate in two years in January to 1.8 per cent, latest official data from the Office for National Statistics published today shows. This is down from 2.1 per cent the previous month.

Edinburgh-based financial giant Standard Life Aberdeen has continued to buy back shares from investors in the wake of the sale of its life arm to Phoenix last year. A stock exchange announcement posted this week shows the firm, which has suffered outflows since forming through merger in 2017, purcha

With just under two months to go until the second gender pay gap reporting deadline on 4 April 2019, only 1,000 or around 10.5 per cent of the total number of organisations expected to submit their data have done so. Analysis by paygaps.com has shown that while some organisations have provided

January saw Scottish sales increase by 2.0 per cent on a like-for-like basis compared to January 2018, when they had decreased by 0.7 per cent, above the three-month average of -0.5 per cent.

Short-termism is gripping UK small businesses, according to commercial insurer AXA, which today revealed that many are adopting short-term planning and cutting reliance on external funding ahead of Brexit. Staying agile and light is a common strategy, but may not give businesses the best chance of

Plans to transform one of Edinburgh’s most important landmark buildings into a global visitor experience for Scotch whisky brand Johnnie Walker have been formally submitted to the City of Edinburgh Council. The planning application, jointly submitted by Diageo and the building o

A group of the UK’s most promising tech entrepreneurs are heading to Silicon Valley this April for a week-long accelerate programme hosted by Edinburgh-based FutureX.Now in its sixth year, the Silicon Valley Accelerate programme gives founders unprecedented access to top investors and business

Scotland’s finance secretary Derek Mackay has spent almost £1000 of taxpayer’s money on public speaking lessons, it has been reported. Mr Mackay employed the services of a firm which promises to turn “nervous wrecks into skilled presenters”, according to reports.

Coast and Glen Limited, a Highlands-based seafood and game business that had grown rapidly in recent years, has been placed in liquidation. Founded 2011, the company supplied fresh fish and game to hotels and restaurants across the UK and had also been expanding direct sales to consumers.