News

Jon Wigget, a golf professional who pocketed over £150,000 in VAT, is facing jail time.

UK digital challenger bank Monzo has launched its business banking service. The bank’s new service provides free and premium accounts in order to achieve its goal of reaching profitability in two to three years.

Labour MP Ian Murray has urged the UK Government to ensure that pubs, restaurants and clubs do not miss out on compensation from insurance.

SELECT, the campaigning body for the electrotechnical industry in Scotland, has added its influential voice to the Scottish Government’s consultation on the use of cash retentions in construction. In a detailed response on the practice, the respected trade association has firmly stated its lon

The general public has found over 1,300 items of “treasure” this year, according to the British Museum.

New measures to limit the impact of COVID-19 on the business community in Scotland, which includes a £320 million support fund, have been announced by Kate Forbes, finance secretary.

Paragon Commercial Finance Limited has appointed Craig Owens as its new business development manager. Paragon supports businesses by funding new and used construction equipment through a variety of flexible finance options, including seasonal payment plans.

Alan Taylor, partner at Campbell Dallas, explores the significant tax changes which have been introduced recently or one which are on the horizon that could impact farming and other rural businesses.  Capital Gains Tax (CGT) and Residential Property

Over two-thirds of UK SMEs (69%) have reported significant pressures on their cash levels according to the latest insights from business lender MarketFinance.

Stephanie Carr, partner, specialising in dispute resolution at Blackadders, discusses the statutory demands and their use in Scotland.  One of the most common grounds for entering into an insolvency process is that an individual, partnership, or company cannot pay their debts as they fall due.

Bidwedge, a new fintech platform which exchanges small amounts of unused cash currency, launched last week. A survey conducted by M&S Bank in November last year found that an estimated £3 billion in unused foreign CASH currency is sat in drawers of UK households.

Succession planning is never an easy topic for business owners. Passing on an independent or family run business as a going concern will be one of the first priorities when looking to retire or move to a different role within the business, writes Bruce Farquhar. Small to Medium Enterprises (SMEs) an

Abbiecraig Services in Freuchie, Fife, has enjoyed a successful first six months in business following its refurbishment, which was enabled by a £1.2 million funding package from Royal Bank of Scotland. Husband and wife team, Elaine and Steve Cunningham, used the funding to demolish an existin

The Financial Reporting Council (FRC) has today issued updated guidance for auditors which may be facing practical difficulties in carrying out audits as a result of the COVID-19 pandemic (coronavirus).

Fourteen social entrepreneurs from across Scotland have secured a share of £67,000 from social enterprise start-up agency Firstport. Start It awards are part of the Scottish Government’s Social Entrepreneurs Fund, supporting individuals who are focussed on piloting new ideas th