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Aberdeen's local enterprises have benefitted from over £2 million in funding distributed via the British Business Bank’s Start Up Loans programme. Since the scheme's introduction in 2012, the Granite City has seen a total of 189 loans disbursed, with each business securing an average of

TSB, in association with Fintech Scotland, has opened up application submissions for fintechs to participate in its third annual TSB Innovation Labs programme. Housed in TSB's Edinburgh Technology Centre on George Street, this initiative seeks to strengthen the fintech sector.

Edinburgh-based asset manager abrdn has reported a challenging first half of 2023, witnessing a withdrawal of £4.4 billion by clients, a significant 16% increase compared to the same period in the previous year. This reflects the heightened inflation and interest rate concerns which have shake

Audit fees for major UK companies have seen a significant uptick over the past year, as the demand for enhanced audit quality has grown following various industry scandals. Data from Thomson Reuters highlighted that the top 500 UK companies, including prominent names such as Tesco, Barclays, and Uni

Shepherd and Wedderburn has reported a 3% growth in its net profits, reaching £27.1 million. In the year to 30 April 2023, the firm also witnessed 7% turnover growth to £66.7m, marking Shepherd and Wedderburn's sixth year of consecutive growth.

Galbraith has welcomed a new director, Larry Irwin, to advise on energy, utility and rural business issues from its Aberdeen office. With a strong background in rural valuation, Mr Irwin specialises in areas like telecoms, compulsory purchase, and renewable energy. His role will encompass negotiatio

The whisky industry has expressed deep concerns over the 10.1% rise in alcohol duty which came into effect on 1 August, warning of potentially severe consequences for Scottish businesses.

Nevis Range, a highlands mountain range resort, has witnessed its profits surge by 55% following a £1 million investment package from HSBC UK.

Following a tumultuous week that saw two of its chief executives resign, Natwest (NWG) has reported a strong interim performance for the first half of 2023, with total income rising from £6.22 billion to £7.73bn year-on-year, and net interest income increasing to £5.73bn from &pou

FinTech Scotland and Smart Data Foundry have joined forces to launch a UK Fintech innovation challenge in collaboration with UK banks. This innovation challenge seeks to find innovative solutions that will support and strengthen the relationships between Financial Institutions and their SME clients.

Scottish energy solutions firm ICR Group has reported a record turnover of £41.7 million for the financial year 2022-23, representing a 20% increase from the previous year. Since launching in 2011, the company has seen robust growth driven by its primary energy sector operations, an internatio

Scottish battery manufacturer AMTE Power has secured a £1 million bridging loan from Arena Investors LP, providing a lifeline to the company as it was on the brink of administration due to financial distress. The funds will be allocated in two tranches of £0.5m each, with the first tranc

Accountancy and business advisory firm Azets has raised £12,258.50 for The Archie Foundation following a range of fundraising efforts. Azets staff arranged a corporate golf day, a quiz night and a bake sale to support the organisation - which is the firm's chosen charity of the year.

The UK Treasury has dismissed an all-party parliamentary committee's suggestion to regulate consumer trading of unbacked cryptocurrencies like bitcoin and ether as gambling.

Real estate provider CBRE has raised £1 million for its UK charity partner Macmillan Cancer Support - doubling its initial fundraising target of £500,000. CBRE’s partnership with Macmillan Cancer Support, one of the largest British charities that provides specialist health care, in