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Edinburgh-headquartered innovation advisors ABGI UK has appointed Joe Matusiak to head up its newly launched grants division.  The new division will provide clients with an ‘end-to-end’ grants consultancy service, which includes writing and submitting grant applications, advising on

Legislation to establish a Scottish National Investment Bank has been passed unanimously by the Scottish Parliament. The new institution will direct investments that deliver economic, environmental and social returns, and help Scotland’s journey towards net-zero carbon emissions. It will aim t

The amount given in loans to Scottish students has more than doubled in the last decade to reach mover £500 million, according to Audit Scotland.

The Competition and Markets Authority (CMA) has reported on the progress made in tackling the loyalty penalty in which companies penalise longstanding customers by charging them higher prices than new customers. The loyalty penalty can also be when found when companies penalise those who renegotiate

A new website which makes it easier for businesses to get information and support is one of the measures in the Scottish Government's refreshed Economic Action Plan for Scotland.

Marketplace lender Assetz Capital has provided a £350,000 refinance loan to The Crown Tavern pub in Lanark to fund a refurbishment and third-floor residential conversion.

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

Tesco Bank is to create 100 new technology and change rolls in its Edinburgh office as part of a wider investment in customer-centric solutions that will help better meet the needs of Tesco shoppers. A further 20 jobs are to be created at Tesco Bank's Newcastle office. This is in addition to the 20

Lloyds Banking Group has pledged to reduce the carbon emissions it finances by over 50% by 2030 to help finance a green future. This is the estimated equivalent of removing the emissions produced by almost a quarter of UK homes.

Ted Baker has reported that the value of inventory held on the group's balance sheet at 26th January 2019 was overstated by £58 million, a number more than double the value of the £20-25m it initially suggested. In December, the retailer announced an accountancy issue where the company m

The number of corporate and personal insolvencies for the whole of 2019 has increased, according to the latest Scottish Insolvency Statistics from Accountant in Bankruptcy. Overall, corporate insolvency numbers in Scotland for the whole of 2019 were 4% higher than in 2018, and were at their highest

A rare coin featuring Edward VIII has been sold for £1 million, setting a new record for the sale of a British coin.

Hanya Partners has appointed financial services expert Philip White as its new consulting director.  Hanya Partners is a management consultancy specialising in IT, supplier management and organisation development with offices in Edinburgh and London.

Aberdeen Standard Investments (ASI) has appointed Sree Kochugovindan as its new senior research economist and Robert Gilhooly as senior emerging markets research economist. As part of the ASI Research Institute, Ms Kochugovindan and Mr Gilhooly will work alongside a team of economists and researcher

Businesses are in a period of stasis with global and domestic factors all contributing to subdued levels of confidence and investment, according to the latest Scottish Chambers of Commerce (SCC) Quarterly Economic Indicator (QEI) survey for Q4 of 2019. The quarterly survey was carried out between No