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New figures have highlighted the impact coronavirus has had on the economy and public spending in Scotland. The Government Expenditure and Revenue Scotland (GERS) 2020-21 statistics show record public spending of £99.2 billion, an increase of 21% on 2019-20. This increase reflects the scale of

More than 19.2 million digital devices were bought in the year to July 2021, marking the fastest-ever rise in technology adoption in the ten years that Deloitte has been surveying digital device ownership in the UK. According to new research from Deloitte’s forthcoming Digital Consumer Trends

A police officer who enjoys watching esports while off duty made an unexpected arrest after recognising a top gamer as a wanted criminal. The officer was spending his downtime playing popular multiplayer game League of Legends (LoL) in an internet café with friends in his city of Chongqing in

Accountancy firm Azets has hired Frazer Nicol to head up a new Corporate Tax Team within the firm’s fast-growing Aberdeen office. Mr Nicol joins Azets as a tax director from the Aberdeen office of Anderson Anderson & Brown LLP.

Former Rangers chief executive Charles Green said he expects to see criminal charges brought against the Lord Advocate, prosecutors and police over the malicious prosecution scandal. He said police were "corrupt" after he won more than £6 million from the Lord Advocate in settlement of his &po

The coronavirus pandemic prompted a wave of innovation as businesses pivoted their operations to survive, according to a Bank of Scotland survey. Almost half (48%) of Scottish businesses said the pandemic forced them to be more creative and innovative in finding new areas of growth.

UK businesses have voiced their support for a change to the end of the UK tax year, bringing it in line with most other countries in an attempt to simplify the accounting process for British firms with subsidiaries abroad. The UK tax year runs from April 6 while in the majority of other jurisdiction

With Scotland’s family businesses reportedly among the world’s worst affected by Covid-19, it’s vital to re-assess core purpose and strategic direction to ensure they emerge fit for a new post-pandemic era, according to Scottish entrepreneur Lee Fitzpatrick, managing director

Dundee-based games developer Outplay Entertainment has seen pre-tax profits rise by £7.6 million to £8.9m despite the economic uncertainty of the coronavirus pandemic. According to accounts filed with Companies House, Outplay's revenue dropped from £19.1m in 2019 to £10.4m fo

There’s still time to enter the 2021 Business Women Scotland Business Awards before the closing date of 3 September at 6pm. Has your business grown in the past year? Is it a start-up that’s being noticed? Do you run an innovative social enterprise? Or is your business a sustainable enter

For April-June 2021, Scotland’s employment rate estimate decreased slightly over the quarter to 74.2%, according to the latest figures published by the Office for National Statistics (ONS). At the same time, the unemployment rate estimate decreased slightly over the quarter to 4.3%.

The public is being asked for its views on proposals to establishing a Scottish minimum income guarantee (MIG). Social Justice Secretary Shona Robison will today co-chair the first meeting of a new steering group to drive forward the ambitious new policy with the aim of reducing poverty, inequality

A former accounts manager at a non-profit affiliated with a medical school has pleaded guilty to embezzling almost $13 million. Florida man Ralph Puglisi, 59, faces a jail term of up to 20 years, The Tampa Bay Times reports. He worked for the University of South Florida's medical service association

Stuart Robb and Chad Griffin, partners with FRP Advisory, have been appointed joint administrators of The Glenburn Hotel Limited. The company owns and operated the Glenburn Hotel, a prominent grand hotel based in Rothesay on the Isle of Bute originally built as Scotland’s first ‘Hydropat

Retired accountants are being encouraged back to the profession with a new recruitment drive about to be launched by Azets, the accountancy firm specialising in the SME market. Azets is growing rapidly and recently announced plans to recruit an additional 250 staff during the next five years in Scot