News

NatWest has been ordered to refund £600,000 to over 700 of business customers who were wrongfully charged fees to secure a loan.

Expectations of abrdn PLC tumbling out of the FTSE 100 index were confirmed when last night the investment fund was relegated from the index.

A £1.9 million project that will create 10 new jobs in Moray over the next three years has secured up to £190,000 from Highlands and Islands Enterprise (HIE). Macduff Shipyard Limited (MSL) is to double the berthing capacity of its facility in Buckie. This will enable the company to take

New research has revealed widespread anxiety and pessimism about Scotland’s economic outlook. The key findings of the research, produced in partnership between the David Hume Institute and the Diffley Partnership, on economic attitudes and behaviours are:

Accountancy and business advisory firm Johnston Carmichael has appointed Stephen Oates as its new head of entrepreneurial taxes. Mr Oates, who joins Johnston Carmichael from French Duncan, has more than 17 years’ experience in tax, with significant expertise in working with owner-managed busin

Fife-based convenience retailer Greens Retail has received a £1.3 million funding package from HSBC UK which has allowed it to its business across Scotland.

New data has shown that the average amount owed to small businesses in late payments has risen to £22,700 in May 2022, up from £21,400 in 2021, according to Intuit QuickBooks late payments bulletin. This is a 6% year on year increase and the almost £23k average works out to 65

The number of alleged fraud cases exceeding £100,000 has risen dramatically in the first half of 2022, according to KPMG UK’s latest fraud barometer. A total of 14 cases with a total value of £14 million reached Scottish courts in the first six months of the year &nd

Aberdeen Retail 1 Limited and Aberdeen Retail 2 Limited, the Guernsey-based owners and operators of the Bon Accord shopping centre in the centre of Aberdeen, have been placed in administration.

Measures to protect living standards, assist retailers to keep down shop prices, and help retail destinations rebound should be at the heart of the upcoming Scottish Budget, according to the Scottish Retail Consortium (SRC). 

Finance leaders have welcomed a statement issued by deputy first minister John Swinney today, committing both the Scottish Government and one of Scotland's biggest industries to maintaining close collaboration aimed at tackling the "rapidly escalating" cost crisis for households and businesses. The

Dundee-based printing business Tayprint Ltd has been placed into liquidation. Ken Pattullo and Kenny Craig of Begbies Traynor have been appointed as joint provisional liquidators.

Business confidence in Scotland fell 11 points during August to 5%, according to the latest Business Barometer from Bank of Scotland Commercial Banking. Companies across the country reported lower confidence in their own business prospects month-on-month, down 29 points at 3%. When taken alongside

Marsh Commercial, a UK insurance broker and risk advisor, has appointed Neil Murray as head of office in Dundee. Mr Murray, who has been in the industry for 23 years, will report to Martin McKenna, regional director – Scotland (Central), Marsh Commercial. His appointment comes alongside the Du

French tax authorities have benefitted from new artificial intelligence (AI) technology bringing in an extra €10 million (£8.5m) in tax revenue. The AI technology, developed by Google and Capgemini, was used to detect undeclared swimming pools in France. It was being trialled in the regio