News

The North East Scotland Pension Fund (NESPF) has reported increased asset value and funding position a year on from the coronavirus outbreak. The COVID-19 outbreak brought a difficult period of market volatility and the North East Scotland Pension Fund, like many other investors, saw asset values dr

Accountancy firm Chiene + Tait (C+T) has announced a partnership agreement with the Heritage Trust Network to support its members in their efforts to restore and preserve the nation’s built heritage. The membership of the Birmingham-headquartered Heritage Trust Network is made up of over 200 g

Savers who put their money into cash ISAs have suffered the worst year on record, with returns over the last 12 months averaging just 0.63pc, according to the latest figures released by Moneyfacts.

A new New SME Recovery Report from NatWest has revealed that targeted support for SMEs could unlock £140 billion of additional GVA growth by 2030 equivalent to creating around 3.2 million new jobs across the UK. As part of its commitment to remove barriers to enterprise and help the econo

Dean Ward, managing director of the DCW Group, a professional residential and commercial development consultancy, outlines the benefits of combining the fintech and proptech markets. There are numerous trends which are predicted to define the property sector’s growth in 2021; from virtual view

Business confidence in Scotland rose 15 points during March to -2%, the highest reading since March 2020, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

A plunge in credit card spending in February contributed to the biggest fall in consumer borrowing in 27 years, according to figures published by the Bank of England (BoE). With British consumers paying back more than they borrowed, consumer borrowing dropped by 9.9% annually, marking the biggest co

From Thursday retailers in Scotland, as well as firms in hospitality, leisure and airports, will be entitled to 100% rates relief for the 2021-22 financial year. As a result, the Scottish Retail Consortium (SRC) is urging firms to apply for relief.

The Financial Reporting Council (FRC) has published summaries of its corporate reporting reviews for the first time. Each year, the FRC conducts over 200 corporate reporting reviews to assess whether company reports and accounts comply with relevant accounting and reporting requirements.

One in three (35%) Scots have been affected financially by the coronavirus pandemic, with household income decreasing by £430 per month on average, according to the latest research from money app Yolt. The research found that almost three in ten (28%) adults in Edinburgh have reported a financ

Despite the challenges of the past year, Barratt Developments Scotland has made a substantial contribution of £245 million to the UK economy and supported hundreds of other organisations in the supply chain. In the year ending 30 June 2020, Barratt Developments Scotland has also completed 1,34

Members of Nationwide Building Society are switching to green energy as the society takes action to help beat the looming energy price increase. The society is encouraging its members to take advantage of a six months’ free subscription to Switchd – an energy comparison tool that constan

Apple has lost the latest round of a legal fight with watchmaker Swatch over the use of the phrase “one more thing”. Switzerland-based Swatch had applied to trademark the phrase. However, Apple objected and said the phrase had been associated with Apple products for more than 20 years.

Scotland’s economy could completely regain lost ground within the next two years and outpace the UK-wide average, according to the latest economic forecasting from KPMG. KPMG estimated the country’s economy took a 9.6% hit in 2020, broadly in-line with forecasts, as the pandemic impacted

The Scottish Building Society (SBS) has today announced a record £74 million increase in mortgage lending and a record £58m growth in savings balances. In a year the Society described as “extreme conditions”, profit before tax increased by 34% to £840,000.