News

An aerospace centre of excellence will be built adjacent to RAF Lossiemouth, thanks to £21 million of funding, UK Government minister for Scotland, Iain Stewart, has announced.

Murray International Trust Plc, a fund managed by Aberdeen Standard Investments, has maintained its dividend, despite a 10.7% decline in net asset value (NAV) total return. Announcing its interim results, the company revealed that two interim dividends of 12.0p (2019: 12.0p) have been declared

Bob & Berts, an independent food & coffee shop brand, have cited Scotland as a key target for business growth as they prepare to open a new store in Stirling with plans underway for around six new outlets across the country.  The firm, which re-opened its existing shops in Kirkcaldy, Fa

Edinburgh and New Zealand-based onservation specialists Kaitiaki Consulting have launched a drive for investors to help in the fight against climate change. Kaitiaki Consulting is releasing 20% of its share capital as it massively ramps up its drive for large scale land redevelopment and rewilding i

Glasgow-based fashion company Quiz has agreed two months of breathing space with HSBC after agreeing an extension of its existing banking facilities from £1.75 million to £3.50m.

The Citizens Advice Scotland (CAS) has seen a 191% increase in demand for redundancy advice as the UK enters its first recession in 11 years.

Adrian Murphy, head of Glasgow-based wealth management firm Murphy Wealth, has been appointed to the board of MND (Motor Neuron Disease) Scotland. His role will be to assist the charity in achieving its many objectives. MND Scotland’s work includes fundraising, research and providing physical,

Borrowing money from loved ones dropped by almost a third (30%) in the last year, then a further 44% during lockdown, according to the latest data from Bank of Scotland. 

Trowels will be left in 90 lay-bys in parts of the Highlands for people who desperately need the toilet to dig a hole and deposit their waste.

NatWest Group has announced that it will be cutting 550 jobs in branches across the UK and closing one of its remaining offices in London. The bank, formerly known as RBS, said the cuts would be made through voluntary redundancies and said that there would be no branch closures.

The USA has maintained its 25% duty on single malt whisky as the US trade representative announced the US would not proceed with proposals to impose tariffs on British goods such as gin, beer and vodka.

Six businesses from across Scotland have scooped seven shortlist nominations for this year’s Lloyds Bank National Business Awards after an expert panel deemed them to be among the best in Britain.

Edinburgh-based software firm Craneware has abandoned plans to raise over £80 million for the acquisition of a firm in the USA after takeover terms were agreed with a third party. The U-turn comes less than 24 hours after the firm announced its fundraising plans.

Glasgow-based specialist social media agency Hydrogen is set to celebrate its fourth anniversary with the news that it has broken the £1 million landmark in the past financial year. The agency, which was formed in August 2016, also achieved over 25% growth in the business year-on-year, followi

The Scottish housing market saw a rebound in interest and activity during July but surveyors remain cautious about the months ahead due to the uncertain economic outlook.