A new report by PwC has indicated that increased investment means that the number of hotel rooms in Scotland's main cities is in a strong position for future growth. The report released today also revealed that a surge in the number of hotel rooms in Scotland’s main cities has led to a fall in
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The United States will impose a 25% import tariff on Scotch whisky from October 18th this year, it announced today.
A man who says he was encouraged to try homosexuality by an iPhone app has launched a lawsuit against Apple for "moral suffering" because he ended up with a boyfriend.
New figures from the Federation of Small Businesses (FSB) have revealed that Scottish small business confidence slid in the third quarter of 2019, reversing the surprise resurgence seen earlier in the year. In the third quarter of 2019, FSB’s Scottish Small Business Index (SBI), its measure of
A study backed by Barclays has found that financial terminology such as 'pension' 'stockbroker' and 'FTSE' triggers biological stress reactions such as sweating and an increased heart rate in humans.
The Purchasing Managers Index (PMI) has revealed a contraction in activity within the services sector in September. This revelation completes a trio of PMI's which showed a decline in activity across services, manufacturing and construction sectors at the end of the third quarter of the year.
It was revealed yesterday that the British Business Bank’s Start Up Loans scheme has lent over £30 million to small businesses in Scotland since 2012. Following this news, Kelly Tolhurst, small business minister, has written about her experience as a small business owner and recognises t
Edinburgh-based R&D tax credits specialist Jumpstart is rebranding as ABGI UK following a £250k investment. Following its acquisition by the French-headquartered ABGI Group earlier this year, the Jumpstart brand has operated alongside ABGI UK, with the former focusing on the SME market whi
Glasgow-based private equity firm Maven Capital Partners has led a £12 million investment in Manchester cloud computing group LIMA Networks and Data Centre UK. The funding includes an equity raise from Maven Investor Partners, a syndicate of institutional, family office and high net worth inve
The first ever FinTech National Network Symposium, bringing together the various fintech bodies from across Britain, will take place in Glasgow on the 10th of October.
The Financial Conduct Authority (FCA) has published a series of potential remedies to tackle concerns about general insurance pricing. In an interim report of its market study into the pricing of home and motor insurance, the FCA found that competition is not working well for all consumers in these
A Banksy painting depicting MPs in the House of Commons as chimpanzees has sold for nearly £9.9 million. Auction organisers have said the sale is a record for the street artist.
New research from KPMG UK has revealed that almost a quarter of Scots (23%) spend more than half their income on the day it’s paid into their account.
The head of the world's most famous shortbread brand, Walkers, has said that the business remains "robust" despite facing two of the toughest years in its history due to a price increase in butter.
The Scottish Parliament's Local Government and Communities Committee has given its backing to a bill which proposes the first major reform of business rates in Scotland for decades.