News

A £55 million emergency sports funding package to tackle lost ticket revenue during the pandemic has been announced by sports minister Joe FitzPatrick. The funding will comprise grants and low-interest loans, including £30m for Scottish Football at all levels of the game.

The Financial Conduct Authority (FCA) has confirmed proposals to permanently ban the mass-marketing of speculative illiquid securities - including speculative mini-bonds - to retail investors. A temporary ban was introduced without consultation in January following serious concerns that speculative

The Financial Reporting Council (FRC) has today announced its corporate reporting and audit quality review programme for 2021/22 alongside its priority sectors for review. The FRC’s Corporate Reporting Review team will supplement its routine reviews of corporate reporting with five thematic re

The Cash by Cash App has launched its own clothing line in its latest attempt to convert the app into a lifestyle brand.

Two Scottish men involved in creating false invoices as part of a £45,000 tax fraud have been sentenced. David Paterson of Scone collaborated with his accountant Kevin Sinclair of Kirkintilloch to reclaim VAT they weren’t due, an HM Revenue and Customs (HMRC) investigation revealed.

KPMG has set its sights on further growth in Aberdeen following the senior appointment of Carole Innes. Ms Innes will head up the firm’s Business Development strategy, with a particular focus on the energy sector and privately-owned companies serviced by KPMG’s growing Private Enterprise

Taxes on land and property could serve as a powerful tool for helping Scotland develop a robust, resilient wellbeing economy, according to a new report published by the Scottish Land Commission (SLC).

With the UK coming to the end of its second lockdown, only 21% of Scottish SMEs feel that overall Boris Johnson is dealing with the COVID-19 outbreak effectively, compared to 46% nationally, according to the second Newable Small Business Confidence Index. Other than the pandemic, 57% of Scottish SME

Property giant Savills has seen reported a 74% year on year increase in home sales across the North East of Scotland in a colossal post-lockdown market bounce.

Scottish rocket builder Orbex has secured $24 million in a funding round led by BGF and Octopus Ventures.

Aberdeen Standard Capital (ASC) has enhanced its charity team appointing Miranda Richards and Ben Turner as senior charities portfolio managers. In their new roles, the two will be responsible for the management of discretionary portfolios on behalf of UK charities and foundations.

Scottish salmon simulator start-up SalmoSim has secured its first commercial contract with California-based Calysta, supporting trials for a sustainable alternative protein source that could be rolled-out across the global aquaculture industry. The SalmoSim gut simulator was first developed as part

Businesses across Scotland will benefit from a new £185 million package of targeted coronavirus support. The Scottish Government's announcement follows discussions with business groups and sees a wide range of sectors benefiting, from taxi drivers and arts venues to travel agents and hospitali

The very strong demand witnessed in Scotland’s housing market since the summer started to ease back in November as the end of the year nears, according to the latest RICS Residential Market Survey.

A boom in manufacturers selling direct-to-consumer will provide a £2.5 billion boost to Scottish firms by 2023, according to new research released by Barclays Corporate Banking. The new report – ‘A direct approach’ – combines polling of manufacturers, logistics firms an