United Capital, the Dundee-based building sector investment firm, has announced the appointment of leading employment lawyer Ryan Russell as in-house legal counsel and non-executive director. After the company’s most recent acquisition, the group, which includes former Scotland top 500 bu
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Total sales in Scotland have plummeted by 40.3% compared with April last year, according to the latest Scottish Retail Consortium (SRC) and KPMG Scottish Retail Sales Monitor.
Scottish businesses hit by the coronavirus lockdown could be ready to hit the ground running once they are given clear guidance from the Scottish Government on returning to work, according to a new survey by the Scottish Chambers of Commerce.
One in ten firms across the UK cannot implement government guidance safely in order to restart operations, according to results from the latest British Chambers of Commerce (BCC) Coronavirus Business Impact Tracker.
Global real estate advisor CBRE is urging the Scottish Government not to delay the planned business rates revaluation in 2022 following the UK Government’s announcement to postpone the 2021 revaluation in England. CBRE said it is aware that a deferment of the Scottish 2022 Revaluation and
The UK's inflation rate dropped last month to its lowest level since August 2016 as the economic fallout of the first month of the lockdown hit prices.
A US restauranteur has discovered that the DoorDash delivery app has been selling his food cheaper than he does while still paying him full price for orders.
Fraud cases in Scotland are expected to rise this year as fraudsters are increasingly taking advantage of the coronavirus outbreak, according to a new report by from accountancy and business advisory firm BDO. Fraudsters are understood to be taking advantage of the COVID-19 outbreak, with mass
UniKLasers Limited, a manufacturer of high precision scientific laser instrumentation used in an array of industrial applications, has closed a £750,000 financing round led by Par Equity with support from The Scottish Investment Bank. The investment in UniKLasers is the second that
A new online service for small and medium sized employers to recover statutory sick pay (SSP) payments they have made to their employees will launch on May 26, the UK Government has announced today. Announced in the March 11 Budget as part of a package of support measures for businesses affected by
The ongoing economic impact of the coronavirus outbreak has wiped a third off the assets of Aberdeen Standard Equity Income Trust, a fund managed by Aberdeen Standard Investments. The fund's half-year report released today highlighted that its holdings dropped in value from £235 million in Sep
Edinburgh-based fixed income specialist Cameron Hume has appointed Alla Bashenko to its board as an independent non-executive director. Ms Bashenko has enjoyed a global career in financial services, predominantly with Goldman Sachs and Nomura International. Her expertise spans a wide range of asset
The COVID-19 pandemic has temporarily brought a halt to the Edinburgh Tax Network’s regular in-person lunchtime seminars. However, with the support of Terra Firma Chambers and the Chartered Institute of Taxation, the talks will continue and be presented using a virtual format. The first webina
Between January and March 2020, Scotland’s employment rate dropped to 74.7% and the unemployment rate estimate rose over the quarter to 4.1% according to the latest Labour Market Statistics Update by the Office for National Statistics (ONS). Jamie Hepburn, Scotland's business, fair work
NatWest Group, the owner of the Royal Bank of Scotland, has announced the appointment of David Lindberg as its new CEO of retail banking. Mr Lindberg joins from Westpac where he is currently chief executive of its consumer division.