Johan Belfrage, technical development manager at the Industrial Biotechnology Innovation Centre (IBioIC), discusses building and growing Scotland's bioeconomy. The Nordic countries demonstrate a strong model for sustainable growth in the integrated processing of renewable feedstocks into a
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Financial support for seafood processors to help them through economic pressures related to the coronavirus pandemic will be available through a new £10 million scheme announced by the Scottish Government.
Glasgow-managed commercial landlord Regional REIT has announced that it will maintain its Q4 dividend despite the coronavirus crisis. The regional real estate investment specialist has confirmed that its dividend for Q4 2019 of 2.55 pence per share, declared on 27 February 2020,
Aberdeen Smaller Companies Income Trust Plc, a fund managed by Aberdeen Standard Investments, has posted strong full-year results for 2019 with the company’s net asset value having increased by 34.3%. The trust’s share price total return also stood at 578%, this compares with a total ret
As the impact of the Coronavirus outbreak begins to directly impact more businesses, Royal Bank of Scotland has outlined the initial support it will provide to SMEs across Scotland, including a £350m Working Capital Support extension to its successful Growth Funding Package, ongoing support an
Murray International Trust, an investment fund run by Standard Life Aberdeen, has signalled its intention to appoint former Fidelity International investment chief Simon Fraser as its next chairman, following a year of underperformance. Mr Fraser will join the board of Murray International Trus
Edinburgh-based iDelta has launched an app to help banks fight back against the rise of online challenger banks such as Revolut and Monzo.
The Alison Rose Review of Female Entrepreneurship published its Progress Report yesterday– a year on from launch, and announces the development of ‘The UK Enterprise Fund’ in partnership with BGF. Last year, the Government-commissioned Review identified 8 practical
RBS has announced the appointment of Nigel Prideaux as its new group director of communications and corporate affairs.
The Financial Conduct Authority (FCA) has fined Professional Personal Claims Limited (PPC) £70,000 for misleading consumers through its websites and printed materials. This decision follows the transfer of regulatory responsibility for claims management companies (CMCs) to the FCA on 1 April 2
Aviva has announced structural changes and plans to sell its Hong Kong business. The move is part of an overhaul led by the major Perth employer's new chief executive, Falkirk-born Maurice Tulloch.
PwC has been named among the leading supporters of social enterprises in Scotland after winning the Market Builder award at the Social Enterprise Awards Scotland last night. The awards are the biggest celebration of social enterprise in Scotland, recognising innovation, impact and success in social
Grant Thornton has cut pay for its partners and delayed its accounts following a difficult year where it was investigated by the Financial Reporting Council (FRC) for unacceptable performance on audits. The average profit per equity partner fell by £20,000 to £323,000 for the year to Jun
Royal Bank of Scotland (RBS) has posted a loss in the third quarter after being hit by £900 million in charges for payment protection insurance. The bank also said that its investment bank had a "particularly challenging" three months.
The Financial Conduct Authority (FCA) has confirmed new rules which apply to certain types of open-ended fund investing in inherently illiquid assets such as property. The new rules apply to these funds, known as non-UCITS retail schemes (NURSs), but will not apply to other types of fund, such as UC
