A year on from the launch of the Bounce Back Loan Scheme (BBLS), almost one in three (29%) small and medium-sized businesses who took out a loan are not aware of the Pay As You Grow (PAYG) options, according to research by Bank of Scotland owner Lloyds Bank. Through the government’s PAYG schem
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The demise of the UK’s retail industry has left empty premises with enough space to provide nearly 25,000 homes to a market value of £7.4 billion, according to new research.
A three-year project to restore confidence and resilience in the Outer Hebrides’ tourism sector has secured £375,354 from Highlands and Islands Enterprise (HIE). The £710,652 project, led by destination management organisation Outer Hebrides Tourism (OHT), will deliver a series of
Multinational law firm Pinsent Masons has launched a unique equality law specialism that supports businesses in managing the cultural and legal aspects of discrimination and inclusion issues. The new practice addresses a broader challenge facing organisations when equality issues arise, by identifyi
Accountants need to keep up their guard when taking on new clients and make sure anti-fraud checks are rigorous enough to combat a potential increase in criminal activity driven by the global pandemic, according to a new report from the Association of Chartered Certified Accountants (ACCA) ACCA has
Scottish law firm Brodies LLP has advised on a number of major international hotel deals in the last six months, worth in excess of £1 billion. In a landmark transaction, the firm represented hospitality giant Accor in the conclusion of long-term branding and management agreements for the Fair
Shirley McIntosh, RSM's head of tax in Scotland, discusses whether Scotland can afford the financials of independence. The Scottish people have elected their new Parliament and pro-independence parties have increased their majority. The independence debate often runs on emotion, but cool heads will
Kenoteq, a clean-tech spin-out from Heriot-Watt University, has been awarded £1 million in funding by Zero Waste Scotland to commercialise production of its revolutionary brick made of recycled construction waste, the K-Briq, to more than two million bricks per year. The unique, multi-award-wi
Forth Ports has appointed Matt McCreath as its new group financial controller. The group has also appointed Michelle Primrose as group HR manager.
Wealth manager Brewin Dolphin has posted half-year income growth of 13.7% to £199.9 million, compared to £175.7m in H1 2020. The firm said that the increase was driven by strong market performance and elevated levels of commissions.
Edinburgh is the only Scottish city to make it into the top 10 in a new report by Colliers on residential investment opportunities, and it achieved second ranking for the UK as a whole.
TRICAPITAL Angel Investors (TRICAPITAL), the Scottish angel syndicate, has appointed Moray Martin as its new chief executive officer. The firm has announced a number of changes to its board and leadership team as the firm enters its next phase of growth.
Tom MacLennan and Chad Griffin, partners with business advisory firm FRP, have been appointed joint administrators of Alexander Inglis & Son Limited, one of the UK’s leading suppliers of grain and cereals to the whisky and distilling industries. Founded in 1950, Alexander Inglis & Son
Ski instructor marketplace, Maison Sport, founded by a trio of former members of the British Ski Team, including Edinburgh-based CEO Nick Robinson - has completed a new round of funding, achieving a raise of £1.25 million, following collaboration with a collective of investors, alongside
ILC Therapeutics, a Glasgow-based biotechnology company, has announced its latest pre-IPO funding round to advance its lead novel hybrid interferon drug candidate. The firm has also announced the appointment of Peter Bains as non-executive chairman, Richard Morgan as a non-executive director and All