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The average Scot is set to be more than £20,000 worse off than they expect in retirement, according to new research from Edinburgh-based insurance firm, Aegon UK. Although retirement savings rates among workers north of the Border has improved marginally compared to a year ago, the insurer found th

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An award-winning deaf Scottish businessman who used his disability to defraud the taxpayer to the tune of £80,000 has been jailed for 20 months. Sheriff William Gilchrist at Stirling Sheriff Court described Andrew Thompson, who was born profoundly deaf, as a “highly-culpable” fraudster after th

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Edinburgh-based cloud software provider, FreeAgent, has announced a partnership deal with national accountancy firm Danbro. The tie-up will see FreeAgent team-up with the firm, who represent thousands of self-employed individuals and small businesses across the UK, to provide 4,000 Danbro clients wi

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The Supreme Court has unanimously dismissed a company’s appeal against HM Revenue and Customs’ (HMRC) contention the company was not entitled to deduct VAT on accountant’s fees as input tax under the contract. The Supreme Court dismissed Airtours Holidays Transport Ltd’s appeal by a majority

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Nicola Sturgeon First Minister Nicola Sturgeon has today announced that she is to split Finance Minster John Swinney's current job between two people, a role which to date has encompassed both finance and the economy.

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Scotland’s first community-owned craft whisky distillery could be created near Dingwall in Ross-shire. GlenWyvis Distillery Community Benefit Society is working with Community Shares Scotland to raise more than £1.5 million in investment.

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Jayne-anne Gadhia The head of one of Scotland’s biggest banks has warned that Edinburgh’s status as a major financial centre would be thrown into jeopardy and the nation as a whole would face higher shop prices, mortgages, credit card bills and flights, in the event of so-called ‘Brexit’ fro

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HM Revenue & Customs (HMRC) has identified £68 million in arrears for over 313,000 workers since April 1999, according to a report today from the National Audit Office.

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Susannah Simpson PwC is eyeing up locations for a new office in Dundee, more than a decade after it left the City of Discovery.

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The number of houses repossessed across Scotland during 2016 will be low, if interest rate rises are further postponed as anticipated, according to mortgage service company HML. In its annual forecast, HML said that it expects a total of 830 repossessions – or 0.08 per cent of all residential mort

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Expansion into the London market and the growth of online ordering through backing from HSBC has enabled Highland fish and seafood supplier, Coast and Glen, to net significant growth with turnover rising from £690,000 in 2015 to £1.1m in 2016.

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