News

Scotland’s public sector should target a tenth of its spending power on firms with fewer than 10 employees, the Federation of Small Businesses (FSB) has claimed. FSB argues that if the Scottish devolved public sector spent just 0.5 per cent more of their total procurement budget with micro firms e

The average cash losses from the Scottish government’s proposed council tax reforms will be over ten times greater for the richest tenth of households compared to the poorest half, according to a new report published today by the Resolution Foundation. The report, entitled Battle of the Bands, mod

Average selling prices across east central Scotland have seen notable decreases over the last three months due to LBTT tax changes, according to the latest analysis from estate agents ESPC. The average selling price in east central Scotland in the first three months of 2016 is now 10.5 per cent less

Andy Wightman Scotland is being marketed as a tax haven beside the likes of Panama, with Russian news websites hosting advertorials listing it alongside the phrase “offshore zones”, The Herald reports.

Simon Glazier and Amanda Ollason Aberdeen-based accountants Anderson Anderson & Brown LLP (AAB) have announced the promotion of two members of their management team to senior manager positions.

Audit teams need to hire more people from diverse backgrounds, according to research carried out by the Institute of Chartered Accountants of Scotland (ICAS) and the UK Financial Reporting Council (FRC). ICAS and the FRC commissioned two teams - led by experts at the University of Pretoria in South

Lyn Calder Scottish coconut water brand Go Coco has signed a distribution deal with Highland Spring Group (HSG) and is now looking to expand by targeting major supermarkets in the UK.

A five-figure sum of money has been robbed from a Scottish branch of Santander after being raided by masked criminals. The heist, carried out at the Spanish banking giant’s outlet in Helensburgh, Argyll and Bute, saw security staff targeted while transfering cash at the branch.

Emma Chalmers The demand for estates in Perthshire and Angus remains high, according to property consultancy, CKD Galbraith.

Laura Gardiner New figures published by the Office for National Statistics in its Economic Review show that people aged 25-29 are now more likely to rent privately (43.3 per cent) than own a home with mortgage (39 per cent).

Richard Pennycook Richard Pennycook, chief executive of the Co-operative, has requested that the group’s board members slash his pay by 60 per cent.

Sandy Burgess New car sales in Scotland grew last month but at half the rate of the UK as a whole, according to figures compiled by the Society of Motor Manufacturers and Traders.

Jackie McRae Jackie McRae is head of Pagan Osborne’s family law team based in Edinburgh.

A customer services adviser based at a Glasgow branch of the Bank of Scotland has admitted embezzling £39,000 from the accounts of two elderly customers. The crimes of Sean Adams, 30, only came to light when the daughter of one of his victims checked her mother’s statement when she was no longer

The Financial Conduct Authority (FCA) has published its annual Business Plan outlining seven priority themes of pensions, financial crime and anti-money laundering, wholesale financial markets, advice, innovation and technology, firms’ culture and governance, and the treatment of existing customer