Category: News Wire

Alasdair Locke, one of Scotland’s richest businessmen is £64 million richer after Argenta, the insurance firm he heads was sold in a £142.5 million deal.

Lloyds Banking Group has appointed a Scottish businessman who is a veteran of reviews into the banking sector to lead its compensation programme for the HBOS bribery scandal

Regulators at the Bank of England are growing increasingly concerned about the future of Co-operative Bank as the beleaguered lender struggles to find a rescue buyer

The taxman is introducing errors into self-employed individuals’ tax returns, resulting in their failure to pay sufficient National Insurance, leading accountants have claimed

The Government should delay the launch of Making Tax Digital until 2020 and make the scheme optional for many small businesses and self-employed people, according to a House of Lords report published on Friday

Theresa May backs plans for an overhaul of workers’ rights to reflect 21st-century employment practices, according to the chair of Downing Street’s review into modern work.

Durham County Council has drafted in private equity firm Maven Capital to run a £20m fund aiming to give the local economy a shot in the arm

A strong performance by Argos failed to mask a slide in sales at Sainsbury’s in the last quarter of its year, as the UK’s second biggest grocer warned that rising food prices would pile more pressure on the sector.

The YouGov poll shows that one in five 25-34 year-olds is unhappy with their work-life balance, and around one in six 18-24 year-olds.

Toyota is to invest £240m in upgrading its UK factory that makes the Auris and Avensis models.

The majority of people who are part of the gig economy want access to the same benefits as traditional employees such as holiday pay, new research reveals.

RICS’s head of UK policy says Brexit ‘has the potential to slowly bring the UK’s £500bn infrastructure pipeline to a standstill’.

The government’s stake in Lloyds has fallen below three per cent, the bank announced this morning in a regulatory filing.

Young people are a growing target for identity theft cases, which have reached record levels in 2016, fraud prevention organisation Cifas says.

Fashion retailer French Connection Group reported a full-year loss for the fifth straight year as it struggles to compete with fast-fashion rivals such as Asos, Forever 21 and Inditex’s Zara.