The body representing Scotland’s SME resource and waste management operators has warned the decision to award the Scottish Government’s deposit return scheme (DRS) contract to a US-owned corporation will lead to job losses across its sector and increase CO2 emissions.
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Stills have been installed at Port of Leith Distillery, marking a milestone in whisky making at the UK’s first vertical distillery as it prepares to open in summer 2023.
Unity Trust Bank has announced its annual results for 2022, with nearly half (43%) of new lending being made to organisations based in areas of high deprivation. The financial strength of Unity was illustrated during 2022 with a further increase in lending, profitability and customers.
Jeremy Hunt has been urged to freeze duty to fulfil the pledge made in 2019 to “ensure our tax system is supporting Scottish whisky," as over two thirds of adults support freezing the duty.
The number of new technology companies incorporated in Scotland increased 22% in 2022, according to analysis of Companies House data by RSM UK. A total of 1,367 new tech businesses were incorporated in Scotland last year, up from 1,124 in 2021.
Scotland’s first bank solely dedicated to small and medium sized business lending, AlbaCo, has been granted a banking licence by the UK Prudential Regulatory Authority (PRA) and the Financial Conduct Authority (FCA). Founded in 2018 with its headquarters in Glasgow, Alba was Authorised with Re
As we mark International Womens day, Carol Flockhart discusses how more women can be supported to succeed as both entrepreneurs and business leaders. It’s International Women’s Day today. This global event celebrates women’s achievements and highlights some of the core challenges f
Shoosmiths advised on more than 400 transactions with an aggregate deal value of £5 billion from January to December 2022. Corporate activity levels remained elevated throughout last year, with the firm's corporate team working across a record number of deals spanning private equity, mergers a
The team behind the Port of Leith Distillery has announced plans to create more than 50 local jobs as the towering Leith landmark prepares to open this summer.
Circularity Scotland has announced £22 million of cashflow support measures to help Scotland’s brewers, distillers, importers and drinks manufacturers prepare for the introduction of Scotland’s deposit return scheme (DRS).
The Financial Conduct Authority (FCA) has publicly censured Amigo Loans Ltd (Amigo) for failing to conduct adequate affordability checks on borrowers and guarantors.
The Scottish private sector reported a further fall in total activity during January according to the latest Royal Bank of Scotland PMI data. The Business Activity Index - a measure of combined manufacturing and service sector output - fell from December's five-month high of 48.3 to 47.1, signalling
The number of companies filing for administration in Scotland fell by a quarter in 2022 despite rising inflation, weaker trade and geopolitical uncertainty continuing to put businesses under pressure. Analysis of notices in The Gazette by Interpath Advisory reveals that a total of 32 companies fell
Drinks sector companies including Diageo and Tennent's Lager have joined forces to challenge the Scottish Government over its potential plans to restrict alcohol advertising and marketing.
Energy storage firm Gravitricity has appointed Edinburgh and London-based corporate finance specialists Gneiss Energy to spearhead a £40 million funding drive – with the goal of building three demonstrator projects in the next five years. Earlier this year the Edinburgh-based energy stor
