Scott Wright looks at First Minister Humza Yousaf's efforts to strike a balance between pro-business and anti-poverty agendas in his first Programme for Government, examining key policy initiatives, reactions from the business community, and looming challenges related to public finances and soc
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Lloyds Banking Group, owner of the Bank of Scotland, has reported a surge in half-year profit despite facing a slowdown in the second quarter due to increased competition for mortgages and savings, as well as higher provisions for bad loans.
EY has recently promoted 267 senior staff members to partner status, marking a 10% increase in its partnership cohort, which now numbers 1,683 in the UK. This move underlines EY's ambitions to prioritise growth and respond to escalating client demand. However, less than half (42%) of the newly promo
New data from the Bank of England shows significant shifts in the borrowing and deposit behaviours of UK households and businesses in May.
Business Gateway, Scotland's national business advisory service, has announced a webinar with Scottish entrepreneur Vicky Brock and Business Gateway's chief officer Hugh Lightbody on overcoming the fear of failure in entrepreneurship. According to last year's Global Entrepreneurship Survey
In a collaboration between FinTech Scotland and Scottish Development International (SDI), eight Scottish fintech firms have been selected to participate in Money20/20, held in Amsterdam from 6 to 8 June 2023. Money20/20 hosts over 7,500 participants from more than 2,300 companies across 90 countries
A mobile luggage storage service has successfully expanded its operations to Glasgow after the business owner approached Business Gateway for support. Unbaggaged ensures secure, convenient and sustainable pick-up and drop-off for its customers’ luggage, which is all provided through a fleet of
Accountancy firm Douglas Home & Co has achieved a significant increase in turnover from £200,000 in the 1990s to over £4 million, as the firm celebrates its 40th anniversary. The firm, which was established in 1983 with a small office in Kelso and on Berwick-upon-Tweed’s quaysi
Oxygen Conservation, a company committed to tackling climate change and the biodiversity crisis, has acquired 23,000 acres in Scotland with the support of a £20.55 million loan facility from Triodos Bank UK. The 23,000 acres consist of 11,390 acres of Langholm Moor, known as Blackburn and Hart
Ocean Kinetics, a Scottish engineering firm celebrating its 30th anniversary this year, has secured several new contracts and plans to recruit apprentices, trainees, and skilled tradespeople in 2023. With offices in Lerwick, Aberdeen and Oban, the company provides engineering services to the marine,
GDP figures for January have shown a 0.3% increase month-on-month, recovering some of the ground lost in December when output fell by 0.5%. Experts have said the figures provide some "hope that the UK economy may finally be kicking into gear" after the economy stagnated and went into negative g
Leonard Curtis has opened an office in Edinburgh as it expands its business in Scotland. The group — which specialises in restructuring, insolvency, funding, and legal support — is also increasing its recruitment efforts in Scotland to build on success in its Glasgow office, wh
Drinks giant AG Barr has recorded a strong second half sales performance in 2022, signalling the continuation of positive sales momentum in the first half of 2022/23.
Car leasing specialist Pike + Bambridge, which has offices in Edinburgh and Aberdeen, is on track with a £1 million investment to drive further growth across the UK. The company helps businesses and individuals to make the switch to electric and hybrid vehicles, by making the process simpler,
Blackford Analysis, strategic imaging artificial intelligence platform and solutions provider, has been acquired by life science and pharmaceutical giant Bayer AG, for an undisclosed sum. Spun out from the University of Edinburgh in 2010 and still headquartered in the city, Blackford has a presence
