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British businesses are getting more financing to help them expand and create new jobs thanks to the Bank Referral Scheme, new figures show today.

The Scottish Government has announced that an additional £5 million is being made available to students who are experiencing financial difficulties as a result of the coronavirus crisis. Students across Scotland can apply to their college or university’s Discretionary Fund for help if th

Happy Holidays from the team at Scottish Financial News!

As 2020 comes to an end, Scottish Financial News runs through the top ten most read stories of the year. At number ten, is BDO's pay cuts and furlough.

Despite the challenges of the COVID-19 pandemic, Edinburgh-based business angel investment syndicate Archangels led investments of £16.3 million in promising Scottish start-up and early stage companies in 2020, topping its 2019 total of £13.4m by 22%. Across 2020, the syndicate

Stirling-based IT services firm 2e-volve has ignored multiple buy-out approaches in favour of entering an employee ownership trust to secure its long-term future. The firm, which has more than 200 clients in the Forth Valley area, acts as an outsourced IT department as well as providing IT, network

Peter Vardy Ltd has announced ambitious plans to expand its used car operations, soon to be rebranded “Carz”, in a move that will double the group’s annual used car volumes. The business has already restructured to become a significant e-commerce operator, invested in its IT platfo

Experts in the residential property division of law firm Lindsays are buoyant about price prospects for 2021 in Scotland’s property market after revealing details of their busiest four months on record. The firm recorded almost £100 million worth of sales in just four months.

Citizens Advice Scotland (CAS) is warning of a council tax debt ‘explosion’ as the impact of the pandemic makes a bad situation even worse in 2021 as clients have racked up millions in arrears. Council tax debt is currently the number one debt issue the Citizens Advice Bureau network see

RAB-Microfluidics, an Aberdeen R&D company developing cutting-edge microfluidic technology that solves oil analysis problems, has secured a £1.24 million investment round led by Eos Advisory. The investment round, which also includes London-based Newable Ventures, Scottish Enterprise and e

Lomond Capital, the owner of Scottish lettings & estate agency brands Braemore and Stonehouse, is to merge with Yorkshire firm Linley & Simpson to create a new national lettings business with more than 22,000 properties on its books. Lomond Capital has said that the deal with Linley & Si

Mortgage approvals reached a 13-year high in November, according to figures released by the Bank of England.

Donald Trump's first Scottish golf course has posted its eighth year of consecutive losses in 2019, despite an 18% rise in revenue. Trump International Golf Club Scotland Ltd (TIGCS), which owns and operates the golf course, its clubhouse and a small hotel at Balmedie in Aberdeenshire has racked up

A trustee who embezzled hundreds of thousands from a charity has been ordered to pay back £700,000 in profit. Ian Brash, from Wallyford, East Lothian, admitted embezzling £358,832 from the Dr Robert Malcolm Trust between August 2010 and September 2014.

Chancellor Rishi Sunak has announced that the Scottish Government will receive a further £375m to offer direct support to Scottish businesses.