News

Edinburgh-based financial giant Standard Life Aberdeen has continued to buy back shares from investors in the wake of the sale of its life arm to Phoenix last year. A stock exchange announcement posted this week shows the firm, which has suffered outflows since forming through merger in 2017, purcha

With just under two months to go until the second gender pay gap reporting deadline on 4 April 2019, only 1,000 or around 10.5 per cent of the total number of organisations expected to submit their data have done so. Analysis by paygaps.com has shown that while some organisations have provided

January saw Scottish sales increase by 2.0 per cent on a like-for-like basis compared to January 2018, when they had decreased by 0.7 per cent, above the three-month average of -0.5 per cent.

Short-termism is gripping UK small businesses, according to commercial insurer AXA, which today revealed that many are adopting short-term planning and cutting reliance on external funding ahead of Brexit. Staying agile and light is a common strategy, but may not give businesses the best chance of

Plans to transform one of Edinburgh’s most important landmark buildings into a global visitor experience for Scotch whisky brand Johnnie Walker have been formally submitted to the City of Edinburgh Council. The planning application, jointly submitted by Diageo and the building o

A group of the UK’s most promising tech entrepreneurs are heading to Silicon Valley this April for a week-long accelerate programme hosted by Edinburgh-based FutureX.Now in its sixth year, the Silicon Valley Accelerate programme gives founders unprecedented access to top investors and business

Scotland’s finance secretary Derek Mackay has spent almost £1000 of taxpayer’s money on public speaking lessons, it has been reported. Mr Mackay employed the services of a firm which promises to turn “nervous wrecks into skilled presenters”, according to reports.

Coast and Glen Limited, a Highlands-based seafood and game business that had grown rapidly in recent years, has been placed in liquidation. Founded 2011, the company supplied fresh fish and game to hotels and restaurants across the UK and had also been expanding direct sales to consumers.

Oil services giant Petrofac is facing the prospect of a £400 million legal claim after the firm’s former sales executive David Lufkin pleaded guilty last week in a Serious Fraud Office (SFO) case to handing out more than £39m in bribes to secure £3.4bn-worth of Mid

Edinburgh-based investment fund Baillie Gifford has increased its exposure to electric vehicle maker Tesla after acquiring more shares in the firm.

M&G Investments has agreed a £40 million funding deal with Queens Cross Housing Association for plans to transform the Hamiltonhill area of Glasgow into a new urban ‘suburb’. Queens Cross is to build 300 affordable homes for rent on the site just north of the city centre.

Consumer watchdog Which? has called on the UK Government to appoint a regulator to protect access to cash, as a combination of bank branch and cashpoint closures causes a crisis leaving people struggling to pay for essential goods and services. Despite the increased popularity of digital and ca

Audit, tax and consulting firm RSM UK has announced the signing of golfer Colin Montgomerie as its latest brand ambassador. The sponsorship deal is part of RSM's ambitious partnership strategy within golf, to continue to build brand awareness across RSM's international network spanning 116 countries

Official figures from HM Revenue and Customs (HMRC) have revealed a strong year for Scotch Whisky exports in 2018, with global growth by both value and volume.

A Glasgow-based recruitment technology business has welcomed 10 new employees to its Oswald Street office and is preparing to open offices in New York and Singapore, thanks to increased customer demand and support from Royal Bank of Scotland. Candidate.ID, an award-winning cloud-based recruitment pr