Mortgage approvals reached a thirteen-year high of 91,454 in September, according to new data from the Bank of England.
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Forty of Scotland’s most talented, innovative and ambitious entrepreneurs are joining Scottish Enterprise's flagship entrepreneurial development programme, Unlocking Ambition.
UK regulators have fined Goldman Sachs almost £100 million as part of a $2.9 billion settlement with authorities around the world for the investment bank’s role in Malaysia’s 1MDB scandal. Yesterday, the Prudential Regulation Authority (PRA) fined the bank £48.3m —
After a quiet second quarter, there has been a resumption of Initial Public Offering (IPO) activity as both the Main Market and AIM have adapted to operating in a predominantly virtual environment as a result of COVID-19, according to EY’s latest market tracker IPO Eye. Following a quiet secon
The UK Government's plans to substantially increase low-deposit mortgages for first-time buyers have come amid an acute rise in loan prices. According to data from the Bank of England, the average cost of a two-year fixed-rate mortgage with a 5% deposit was 3.95 %in September, an increase from 3.02%
The Royal Zoological Society of Scotland’s (RZSS) Highland Wildlife Park has secured £1 million of funding from Highlands and Islands Enterprise (HIE).
The government of the British Virgin Islands has officially committed to introducing public registers of the real ownership for companies incorporated in the territory. The announcement comes after years of tax evasion and money laundering scandals in which shell companies incorporated in the Britis
Edinburgh-based biotechnology firm IntelliDigest is primed to scale up its efforts in tackling food waste thanks to support from Royal Bank of Scotland’s Entrepreneurial Accelerator programme. Combining the latest developments in biotech, deeptech, agritech and foodtech, the company, which was
The announcement that the UK Budget will be delayed until 2021 – with an expectation it will be in March – combined with the expected dissolution of the Scottish Parliament ahead of the elections in May next year, could leave MSPs with just a couple of weeks to agree on Scotland’s
Peer-to-peer support and advisory organisation for business leaders, The Alternative Board, is to expand into Edinburgh – with former senior executive Andy Todd at the helm. Andy Todd is a former senior vice-president at Wood Mackenzie, the global research and analysis consultancy, and will le
A company that benefited from unlawful tax exemptions and was ordered to pay over £1 million to HM Revenue and Customs has lost an appeal challenging a payment order made to that effect. John Gunn and Sons Ltd argued that they should only have to pay the amount which represented the
A Glasgow-based company which has led efforts to improve the early detection of cancer has secured £2.4 million in its latest funding round.
Scotland's economic growth is expected to contract by 9.1% in 2020 as the coronavirus pandemic continues to impact the global economy, according to KPMG UK's latest quarterly Economic Outlook. The firm’s latest analysis further downgrades forecasts for Scotland’s economic prospects
Four-fifths of businesses (84%) in Aberdeen would support a new Eat Out to Help Out scheme for the city, according to a new poll conducted by the Federation of Small Businesses (FSB) in Scotland.
Aberdeen Asian Income Fund Limited, a fund managed by Aberdeen Standard Investments, has been seen its net asset value (NAV) fall by 6.5% in sterling terms in last six months, according to the fund's interim results. The decline in NAV is compared to the MSCI All Countries Asia Pacific ex-Japa
