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Finance professionals and their organisations have already incurred additional costs as a result of Brexit, according to a new survey by the Institute of Chartered Accountants Scotland (ICAS). Seven out of ten ICAS members told the ICAS quarterly survey, carried out in association with law firm Brod

Edinburgh-based merchant bank Noble Grossart has paid out around £5 million in dividends to its founder Sir Angus Grossart. The 82-year-old banker, who has a £446 million fortune, received the majority of the £5.3 million dividend paid out by the bank, The Times reports.

Employment law, HR and health & safety specialist, Law At Work (LAW), has recorded a sharp increase in employment claims since fees were abolished in July 2017. The firm saw a 25 per cent rise in claims in 2018 compared with the previous year when fees were overturned, and an increase of 120 per

Nearly half of Scots have been targeted by scammers in the past year, according to new research published by Citizens Advice Scotland (CAS). The charity is launching a new "Scams Awareness" campaign with figures showing the scale of scams in Scotland, with 46 per cent of people saying they have been

The Church of England is to consider investing in medical marijuana for the first time after relaxing a self-imposed ban, according to reports.

M&G Prudential (M&GP) has announced a UK-wide location strategy that will see 400 jobs moved to the Scottish capital. M&GP, the savings and investments business of insurance giant Prudential will begin a phased move from its current 7 UK locations to 3 in 2025, with Stirling an

The Financial Conduct Authority (FCA) has today confirmed it is introducing reforms to fix what it says is "a dysfunctional overdraft market" that will mean banks and building societies will no longer be allowed to charge fixed daily or monthly fees for overdrafts. The City watchdog said he changes

Permanent placements in Scotland's labour market rose during May amid declines across the UK as a whole, according to the latest Royal Bank of Scotland Report on Jobs.

Fife fintech company PaySend has been valued at £125 million in a new crowdfunding campaign that launched today with platform Seedrs. After being founded less than two years ago, Kirkcaldy-based PaySend's drive is aiming to raise £4.26 million for a 3.3 per cent stake in the co

Over two fifths (44 per cent) of adults in Scotland are worried about their current level of personal debt, a new survey of over 2,000 British adults by insolvency trade body R3 in Scotland and ComRes has found. This is notably higher than in April last year, when 35 per cent of adults in Scotland s

The Financial Conduct Authority’s (FCA) overhaul of the peer-to-peer (P2P) lending sector risks changing the origins of the industry and could mean institutional investors dominate the market, Orca Money, the Edinburgh-based peer-to-peer investment aggregator and analyst, has warned. Iain

Research published for HMRC on 17 May 2019 has found that half of people gifting either money or assets were not aware of the rules and exemptions around Inheritance Tax (IHT). Of the 2090 individuals surveyed, only 45 per cent were aware of the tax implications around making gifts. Older, wealthier

Scottish farmed salmon is again the UK’s largest food export after the first quarter of 2019 saw Scottish producers sell £206.5m to overseas buyers, as demand for the fresh product strengthened.

Retail jobs on Scotland’s high streets fell 8.6 per cent over the period 2012 to 2017, data from the Office for National Statistics has revealed.

Online retail giant Amazon is in the process of developing a new piece of wearable tech with a voice-activated capacity to recognise human emotions via a variety of signals, Bloomberg has reported.