News

The UK Government borrowed £62.1 billion in April, marking the highest monthly figure on record as it tried to navigate the country through the coronavirus crisis, according to the latest figures from the Office for National Statistics (ONS).

The Scottish Government should consider widening access to a temporary scheme extending the time available to claim a refund of its property tax surcharge to include transactions that have taken place during the coronavirus lockdown, according to the Chartered Institute of Taxation (CIOT).

Retail sales in the UK throughout the month of April have dropped by 18.1%, according to the latest figures released by the Office for National Statistics (ONS).

The Financial Conduct Authority (FCA) has announced proposals which will continue support for customers who are struggling to pay their mortgage due to the coronavirus pandemic.

A rare Harry Potter book found in a skip 12 years ago has sold for more than £36,000 at an auction.

Anderson Anderson & Brown Wealth Ltd (AAB) has announced the appointment of chartered financial planners Andrew Dines, Ian Campbelland Vikki Venerus as directors and shareholders. Already established as key members of the senior leadership team at AAB Wealth, these appointments reflect the

Glasgow-based construction firm PVP Developments has secured a £750,000 CBILS loan from Bank of Scotland.  The firm, which is currently delivering a £10 million luxury apartment scheme in Yorkhill, Glasgow, is planning to re-open sites in the coming weeks after securing a £750

Aberdeen's Hilton DoubleTree has gone into liquidation with the hotel's owners, Ability Hotels, closing the venue with immediate effect yesterday.

Neil Cameron, payroll senior manager at Chiene + Tait, is among three Scottish-based accountants behind a new UK-wide membership organisation aimed at raising the profile of the payroll profession. Mr Cameron has joined forces with fellow professionals Michael McAllister at&

The UK Government has today introduced the Corporate Governance and Insolvency Bill in Parliament, which will put in place a series of measures to amend insolvency and company law to support businesses and to address the challenges resulting from the impact of coronavirus.

Aurelija Buckute, paraplanner at Mearns & Company, highlights the four characteristics of a good financial plan. There is a difference between having a financial plan and having a good financial plan. A good plan has a better chance of achieving the desired results and therefore provides pe

The Scottish Government’s Business Support Fund has been increased by £40 million to provide additional support for key sectors of the Scottish economy. This extra funding will be split between the Pivotal Enterprise Resilience Fund, which has increased by £30m to £120m, and

Zumo, an Edinburgh-based mobile wallet and payments start-up, has launched an app that stores, sends and allows consumers to spend and exchange cryptocurrencies online. Customers can now use the app to buy, sell and exchange both Bitcoin and Etherium cryptocurrencies. Since the start of lo

The Scottish tourism industry is “at risk of total collapse”, according to industry body Scottish Tourism Alliance (STA).   The body has said that there are over 2,500 tourism businesses which are not receiving grant support from government and as a result companies that a

The Federation of Small Business (FSB) has said that the Scottish Government's grant figures show scope to expand the help which has been offered to businesses in Scotland.  The Scottish Government has released figures showing that around 65,000 coronavirus grants, worth £741 mi