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There was a sharp increase in Company Voluntary Arrangements (CVA) in consumer-facing sectors across Scottish cities in the second half of 2020, with Edinburgh the third most impacted city in the UK, according to new analysis by PwC.

Titan Investors has announced it has secured FedEx as the first occupier for its new 20-acre logistics park Aberdeen One. FedEx has pre-let 43,500 sq ft on a 15 year lease. Under the development agreement an existing 70,000 sq ft warehouse will be stripped back to its structural frame and extensivel

A strong final quarter of 2020 saw shares in Scottish companies outperform the wider FTSE and AIM All Share indices, with the effects of the COVID-19 pandemic creating clear winners and losers from the crisis, according to analysis from Brewin Dolphin. The wealth manager found that Scottish organisa

Highlands-based online beauty business bubu has received a funding loan of £25,000 from Scottish responsible finance provider DSL Business Finance Ltd. DSL’s investment allowed a completed funding round that enabled independent start-up skincare brand to acquire the necessary s

The Scottish private sector remained in a downturn during the final month of 2020, according to the latest Royal Bank of Scotland PMI, with a further drop in services activity outweighing a strong improvement in manufacturing growth. The seasonally adjusted headline Royal Bank of Scotland Business A

Finance leaders expect a return to growth in 2021 with optimism rising to a record high, according to Deloitte’s latest CFO survey. Despite the surge in business optimism, half of CFOs do not expect demand for their own businesses to recover to pre-pandemic levels until the last quarter of 202

UK banks lent twice as much to small and medium-sized businesses in the first three quarters of 2020 as in the whole of 2019 with gross lending to SMEs reaching £54 billion between January and September. According to UK Finance, over 1.5 million businesses have drawn on government-backed

Ian McMonagle, tax specialist at Russell & Russell Business Advisers based in Glasgow, discusses why UK citizens living in Europe must act now to sort their tax affairs following changes in EU residency regulations. In an interconnected age, with ease and convenience of travel, many UK citizens

Business confidence in Scotland increased this month to its highest point since the pandemic began in March, according to the latest business barometer from Bank of Scotland Commercial Banking. Confidence rose 29 points month-on-month to -9% during December, following the start of the roll-out of th

Businessmen who were maliciously prosecuted as part of a fraud investigation into Rangers FC have accepted settlements thought to be worth millions of pounds each. David Whitehouse and Paul Clark were appointed as administrators of Rangers in February 2012 and the club was liquidated in October that

Royal Bank of Scotland has granted a £10 million funding package to Argyll and Bute-based housing association Fyne Homes Limited to refinance existing loans and enable future growth plans within the business.

The Fraser of Allander Institute (FAI) at The University of Strathclyde has set out three possible scenarios for Scotland's economic growth in the wake of the coronavirus pandemic.

A further £3.1 million has been cut from the tax bill owed by the firm which formerly owned Rangers Football Club. Sources in the financial sector told The Times that it appeared the bill was likely to be reduced further as liquidators said they were having “positive discussions” w

Scottish private sector output fell again in November, according to the latest Royal Bank of Scotland PMI, as lockdown measures continued to take a toll on the economy. The seasonally adjusted headline Royal Bank of Scotland Business Activity Index - a measure of combined manufacturing and service s

A further £3.1 million has been cut from the tax bill owed by the firm which formerly owned Rangers Football Club. Sources in the financial sector told The Times that it appeared the bill was likely to be reduced further as liquidators said they were having “positive discussions” w