News

The UK government has revealed it is considering introducing a 'right to switch off' for workers, allowing them to ignore work-related communication outside of working hours. The move aims to boost productivity and economic growth by preventing the blurring of lines between work and home life, Sky N

The Scottish National Investment Bank has posted a £14.6 million pre-tax loss while committing £224.6m to 20 companies in its third year. The 2023/24 investment enabled a further £400m in additional investment alongside the bank.

A vacant office building in Liverpool's city centre has allegedly attempted tax avoidance by housing a snail farm. Comprising only 15 crates with a mere two snails each, this venture has raised eyebrows among council officials, who suspect it's a ploy to dodge business rates by qualifying under

The number of people expected to pay dividend tax in the 2024/25 tax year has almost doubled since 2021/22, a Freedom of Information request from AJ Bell has revealed. Just under £18 billion is set to line Treasury coffers for this tax year alone, with nearly 3.6 million taxpayers subject to t

As it welcomes its 2024 trainee intake, the Thomson Cooper team has crossed the 100-employee milestone, an achievement coinciding with the firm's 75th year in business. The firm's journey began in 1949 when founder T. Hunter Thomson and his business partner Harold Cooper acquired a small practice in

Company insolvencies in Scotland rose in July 2024, reaching 117 cases, a 21% year-on-year increase, however, the overall insolvency rate for the past 12 months has slightly decreased. July's company insolvencies were comprised of 76 CVLs, 33 compulsory liquidations and eight administrations.

Edinburgh-based B2B software as a service (SaaS) learning and training management software provider Administrate Limited has completed a £3.05 million funding round. A £1m investment was provided by the Investment Fund for Scotland (IFS), Equity Finance, managed by Maven Capital Partners

The number of overdue invoices in Scotland has reached its highest level this year, according to R3. R3, the UK’s insolvency and restructuring trade body, analysed data provided by Creditsafe revealing that businesses in Scotland had 538,172 unpaid invoices on their books last month – th

ESPC has conducted a study into the property market across Edinburgh, the Lothians, Fife and the Borders, to uncover the locations that buyers move from, and where they most frequently move to. The report looks back at the property market from January 2019 to July 2024, considering where buyers are

In a sign of the strong potential of the UK economy, 468,000 new firms have started up in the first half of 2024, according to the New Startup Index, published by Beauhurst and supported by Royal Bank of Scotland (RBS).

A proposed £2.5 billion merger between UK housebuilders Barratt Developments and Redrow looks set to go ahead despite concerns from the competition regulator.

The first £1 coin featuring King Charles III has entered circulation.

The challenges faced by small and medium-sized home builders and the need for urgent regulatory reform to get this crucial part of the Scottish housing market growing again are being spotlighted this week with a range of activities including a special roundtable session with the ministers for housin

The Scotland Women’s Business Conference & Awards, set to take place on 29 October at the Edinburgh Royal College of Physicians, has unveiled the first 20 finalists for this year’s awards. These businesswomen have been recognised for their exceptional achievements and contributions a

Prosafe Offshore Ltd, a provider of semi-submersible accommodation vessels, has relocated its Aberdeen operations to Kingshill Park in Westhill. The Norwegian company, listed on the Oslo Stock Exchange, has signed a 5-year lease with Knight Property Group for a 4,280 sq ft office suite in Pavil