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Scotland's finance secretary Kate Forbes has said that the chancellor's Winter Economy Plan announced yesterday does not go far enough to protect jobs. While Ms Forbes welcomed some of the measures announced by the UK Government, she said that the details of the economic plan would not provide the s

The Scottish Government's Autumn Budget Revision (ABR) for 2020-21 has brought the total amount committed to dealing with the coronavirus pandemic to more than £6.5 billion. Yesterday, the government announced that it has allocated a further £2.5bn in response to COVID-19.

The Financial Conduct Authority (FCA) has launched a consultation on its approach to the authorisation and supervision of international firms operating in the UK. The consultation launch is relevant to EEA firms that intend to seek authorisation in the UK in the future, including those entering the

The Royal Bank of Scotland is launching a new savings account with the highest rate of interest to be introduced by a UK bank this year. The new Digital Regular Saver account offers an interest rate of 3%.

Scottish telecoms technology company Calnex Solutions is set to be the first Scottish group to float in London for more than two years as BGF announced that it is investing in the company.  The firm intends to place shares at 48p which will raise £6.5 million for the company as well

The Securities Trust of Scotland (STS) is to switch to a new fund manager and reset its dividend. Troy Asset Management will be brought in from next month to manage the £200 million investment trust.

Scottish accountancy firm Goldwells has announced the acquisition of two Moray firms, Moray Tax Specialists and Chris Banks Bookkeeping. The double acquisition means that Aberdeenshire-based Goldwells now has eight offices across north and north-east Scotland and a presence in Elgin for the first ti

Aberdeen Standard Investments (ASI) has announced that Mark Redman will succeed Peter McKellar as global head of private markets. After nearly 20 years with the business, Mr McKellar will retire from ASI at the end of Septmeber.

London-based independent business lender White Oak has announced that it has £10 million to lend to businesses across Scotland as part of the Coronavirus Business Interruption Loan Scheme (CBILS). Delivered through British Business Bank accredited lenders, CBILS is designed to support the cont

Inverurie-based jewellers Sinclairs has secured a £120,000 CBILS funding package from Royal Bank of Scotland to support the family firm as it navigates the effects of the pandemic. The funding boost safeguarded the jobs of all 30 members of staff, including their resident goldsmith, Steve

Island communities will benefit from a £2 million programme of locally-led green projects funded by the Scottish Government which are designed to help support their economic recovery from the coronavirus pandemic.

Grandparents setting aside money for their grandchildren could boost their savings pots by up to 30% if they chose to invest their money in the stock market, according to new figures from Scottish Friendly.

The UK has emerged into the third quarter of the year with robust month-on-month GDP growth of 6.6% in July, according to the latest figures from the Office for National Statistics (ONS). 

The Scottish labour market 'remained challenging' in August as permanent placements and temp billings continued to fall, according to the latest Royal Bank of Scotland report on jobs. 

The Competition and Markets Authority (CMA) has stopped Bank of Scotland owner Lloyds Banking Group from forcing small business customers to open paid-for business current accounts when taking out emergency coronavirus Bounce Back Loans.