News

A parliamentary inquiry into the impact of coronavirus on the Scottish Government’s Budget for 2021/22 has been announced by Holyrood’s finance and constitution committee.

A total of 8.9 million workers are now covered by the UK Government's furlough scheme, according to the UK Treasury. 

A French worker has been awarded €50,000 after Paris' appeals court ruled he had suffered a "bore-out" from a lack of stimulation in the workplace.

Portlethen-based Acumen Accountants and Advisors, which also has offices in Inverurie and Peterhead, has bought out Keltic Accounting of Inverurie for an undisclosed sum in a deal signed whilst the country was in lockdown. The buy-out is the second acquisition for the firm this year after

Barclays has launched a toolkit to help small and medium-sized enterprises (SMEs) across Scotland and the UK get back on their feet as they navigate the uncertainty created by coronavirus. The ‘Barclays Back to Business’ programme has been designed in partnership with the Cambridge Judge

Glasgow-based housebuilder AS Homes (Scotland) Ltd has appointed Simon Donaldson as its new finance director. Mr Donaldson joins from retirement living specialists McCarthy & Stone where he was regional finance director for Scotland. The chartered accountant will concentrate on developing a stra

A multidisciplinary team from across both Burges Salmon’s Bristol and Edinburgh offices has advised global renewable energy developer BayWa r.e. UK on its acquisition of Dalquhandy Wind Farm in South Lanarkshire from Brockwell Energy. Dalquhandy is one of Brockwell Energy's key proje

Reach Commercial Finance, the funding and brokerage arm of Glasgow-based Leonard Curtis Business Solutions Group, has made the shortlist for three awards in a scheme run by industry trade body National Association of Commercial Finance Brokers (NACFB). NACFB, who is running the awards initiative for

A round-up of business news from across Scotland featuring: PWR's Bellshill move, Loch Duart's investment in fish processing facility, IMERAI's new ground-breaking sensor, Cortex's rebranding and board appointments, Foodmek's six-figure order for virus test kit vessels, 

Six highly-respected dispute resolution specialists have teamed up to offer a first of its kind fully online service for the mediation and arbitration of financial services and insurance disputes, aimed at providing a quicker, efficient and more cost-effective alternative to court. With the COVID-19

The UK Government has announced that it will delay the introduction of the reverse charge VAT because of the impact it will have on firms who are dealing with the financial impacts of the coronavirus pandemic. The announcement delaying the introduction of the scheme until 1 March 2021 follows an ear

Business activity in Scotland's private sector continued to decline substantially in May, as lockdown restrictions continued to disrupt the economy, according to the latest Royal Bank of Scotland PMI. The seasonally adjusted headline Royal Bank of Scotland Business Activity Index - a measure of comb

North-east financial advisors Phil Anderson Financial Services has been rewarding key workers and NHS staff by giving away over £1,000 worth of gin.

Allied Irish Bank (GB) has donated £2,000 to charities in Scotland to support communities through the COVID-19 pandemic.  The Edinburgh branch has donated £1,000 to Radio Forth’s Cash for Kids, while the Glasgow team gave £1,000 to the Peek Project in the east end of the

Family-owned Crieff Hydro Group has announced that 241 members of staff will be made redundant at the start of August. The firm which owns seven rural hotels is planning to cut over a quarter of its staff across the group's hotel portfolio.