News

Private sector business activity declined for the first time in five months in October, as service sector growth eased whilst the manufacturing downturn continued, according to the latest Royal Bank of Scotland PMI. The PMI revealed that weighing on operating conditions was the fastest fall in

Aberdeen chartered accountant Kimberley Oliver was awarded the Woman in Finance Award at this year's Business Women Scotland Awards in Glasgow. Ms Oliver is a chartered accountant (CA) and director of Xenith Financial Consulting Limited (Xenith Financial), a business she founded in May 2016.

Following the announcement made by the Living Wage Foundation that the real living wage in the UK and London has increased, Jenny Stewart, head of infrastructure, government and healthcare at KPMG discusses what increasing the real Living Wage means for Scottish workers. Today, the real Living Wage

Precision Tooling & Castings Ltd has secured £4.47m of funding from Barclays for a management buyout (MBO) with aspirations to grow the business and implement new technologies. The deal, which combines invoice and asset finance and term and property loans, has allowed current group operati

Alison Rose, the new chief executive of RBS, faces the prospect of government intervention due to its failure to persuade small business customers to move to rival lenders. In response to RBS's failure, the official representative body overseeing the scheme might impose new conditions on the bank to

Ahead of the January 2020 launch by ScotlandIS of a new strategy to turn Scotland into a digital nation, chartered accountant Wylie & Bisset is urging SMEs to review their business processes and procedures to assess opportunities for realising efficiencies from the adoption of digital technologi

The board of Phoenix Group Holdings plc, which owns Standard Life Assurance, has announced that Andy Briggs will be its new group chief executive following the retirement of Clive Bannister. Phoenix Group Holdings purchased Standard Life Assurance last year and in the process took on thousands of st

Buccleuch Property has sold its Quadron development in Dartford to Aberdeen Standard Investments for £12.1 million.  The 41,500 sq ft buildings, located at the Bridge in Dartford, were fully pre-let during construction to Network Rail.

Glasgow-based Brewgooder is calling on hundreds of craft breweries to join its ‘Global Gathering’, a collaborative brewing project on a mission to raise £250,000 to help provide clean water for 100,000 people in developing countries. Launching today, Brewgooder is aiming to partner

Apple is currently facing an investigation by New York's financial regulator after complaints were filed that its Apple Card gives men more credit than women.

Specialist lender and savings bank Paragon has announced the appointment of Fraser Tilley as a new regional asset finance director for Scotland. Mr Tilley joins from Santander, where he spent nine years as Scottish regional director for asset finance, leading the business in growing the commercial l

Swedish Fintech iZettle has appointed Sam Kemp and Sophie Goddard as managers in its Edinburgh office. iZettle is a digital commerce solution for SMEs, with products including a contactless card device through which people can give money to buskers rather than saying they have no change.

Royal Bank of Scotland has announced plans to launch the UK's first "social bond" to address regional inequality and boost economic growth. The new bond, which will be priced later today, will be the first bond in the UK issued under the International Capital Market Association's (ICMA) Social Bond

According to the latest Royal Bank of Scotland Report on Jobs, the Scottish labour market weakened during October. The report also highlighted that permanent placements fell for the fourth consecutive month and at the quickest rate since January 2017 and temp billings growth continued but softened t

MHA Henderson Loggie has been named "Best Tax & Accountancy Firm" by Europe’s largest network of independent games developers and publishers. The annual TIGA awards in London celebrate the best in creativity, innovation and business in the video games industry.