Search: robot

Robert Mackie of Scotland has secured a £250,000 CBILS loan from Barclays as the bank continues to support SMEs in the Kilmarnock area.  The firm is the latest to secure a loan to help navigate the coronavirus lockdown and recovery. Based in Stewarton, the company has been manufactur

Barclays has launched a new digital advice service to tackle the UK’s advice gap and give more people the confidence and support to invest their savings. The new service, called Barclays Plan & Invest, will create a personalised investment plan that’s tailored to a customer’s g

Kelso-based accountancy firm Douglas Home & Co has developed a new coronavirus resilience scheme to help businesses manage the impact of COVID-19.

Katharine Wooller, managing director at Dacxi and Eire, a crypto-based platform which helps bring cryptocurrency to 'the crowd', discusses how the coronavirus pandemic is killing cash and what might replace it. The first time I saw a shop declaring itself cashless, it was unusual enough I took a pic

The latest Red Flag Alert data gathered by Begbies Traynor found there were large numbers of UK businesses experiencing significant financial distress at the end of March 2020, with the overall figure now exceeding half a million (509,000) for the first time.  The research has revealed the larg

Lloyds Bank has informed its workforce that it will be cutting 780 full-time branch jobs in its latest round of staff cuts.

Engineering design and manufacturing firm Albacom is set to expand after raising £500,000 to develop its business in new markets. Albacom secured a £400,000 loan from the Scottish Loan Scheme (SLS), part of the Scottish Government’s Scottish Growth Scheme, which is administered by

Projects for disadvantaged young people will share £19 million seized from criminals through the Cashback for Communities programme run by the Scottish Government. The CashBack for Communities scheme reinvests criminal assets into community projects which support young people into positive des

You & Mr Jones, the global brandtech group founded by former Havas chief executive David Jones, has invested in Edinburgh-based ethical video startup Good-Loop. Having successfully closed a US $1.4m seed funding round, Good-Loop will invest the funds in growing its commercial team in Europe and

Most of Scotland’s 32 councils are increasingly relying on money from reserves to keep up with demand for services and balance their budgets, with financial pressures likely to get worse, according to the Accounts Commission. A report today from the local government watchdog found that while d

Grangemouth-based IT support provider Exmos is the latest business in Scotland to become employee-owned, with nine staff-members given a stake in the business. Exmos provides a range of IT support services to over 100 businesses in the UK and internationally.

PwC, Royal Bank of Scotland and Morgan Stanley have joined forces to help improve gender diversity in the technology sector in Scotland. The firms have teamed up to launch the Tech She Can Charter in Scotland, which aims to generate a lasting increase in the number of women pursuing technology

Glasgow-based fashion company Quiz has posted a six-month deficit after it accepted a £7 million impairment on loss-making stores. The company's online sales remained stagnant at £20m and its half-year underlying profits fell from £4.2m to £0.6m.

Clyde Gateway has announced that Scotland’s second-largest water supplier Clear Business will become the second tenant of their speculative office development, One Rutherglen Links. This brings the building to full occupation and represents the largest letting outwith the city centre this

Aberdeen Asset Management PLC is among 20 firms to have been suspended from the Prompt Payment Code for failing to pay suppliers on time. Administered by the Chartered Institute of Credit Management (CICM) on behalf of the Department for Business, Energy and Industrial Strategy (BEIS), signator