News

Business activity across Scotland's private sector increased during January following no growth in December, according to the latest Royal Bank of Scotland PMI.  Key to the renewed expansion was a rise in new business, following a contraction in the previous survey period, alongside a mild rise

Department store company Beales is to close its Perth branch as administrators at KPMG begin the process to close 12 branches across the UK. The move has meant more than half of the company's stores are to close

SIS Ventures is launching a second round of fundraising with the aim of attracting up to £3.7 million to scale up its support for Scotland’s high impact enterprises. The Impact First Fund successfully raised c.£1.3m from 25 UK-based private investors. More than 100 high-growth earl

Global accountancy body ICAS has urged the UK Government to “learn from Canada” as it embarks on trade negotiations with the EU.

Dundee-based textile company Halley Stevensons Ltd has secured a £300k grant from Scottish Enterprise helping towards its £1 million capital investment. Jamie Hepburn, minister for business, fair work and skills, visited Halley Stevensons Ltd in Dundee to learn of the textile firm&r

Scottish salmon farmers have warned that they face " huge unnecessary burdens" and a loss of market share under the UK government's plans for Brexit.

The Treasury has confirmed the appointment of Jeannette Lichner and Bernadette Conroy as non-executive directors to the Financial Conduct Authority (FCA) board. Ms Lichner and Ms Conrol will each serve three-year terms beginning on 1 April 2020 and 1 August 2020 respectively.

Over half of FTSE 250 companies (52%) fail to mention ethnicity in their board diversity policy, and most of the FTSE 350 do not set measurable ethnicity targets, according to new research from the Financial Reporting Council (FRC). Just 14% of FTSE 100 companies set measurable objectives for board

A man has sold a bottle of MacAllan whisky for £2,700 after buying it for just £11.

Scottish EIS fund manager Par Equity has announced the appointment of Tom Croy as an investment manager and Alastair Orr Ewing as a portfolio and investor relations manager.

Dumfries and Galloway Housing Partnership (DGHP) is to refinance its existing bank debt after securing a £114 million financing deal with M&G Investments. DGHP, which became part of Wheatley Group in December 2019, has ambitions to develop up to 1,000 homes over the next five years.

Glasgow-based chartered accountants Wylie & Bisset has labelled the Scottish draft budget "tame" after it left the tax gap untouched. Catherine McManus, head of tax at Wylie & Bisset, said she was not surprised that the budget was tame in its scope, coming immediately after Brexit and a mont

The Scottish labour market benefited from a rise in permanent staff appointments continued during January, according to a new Royal Bank of Scotland (RBS) report. The increase was the fastest in the current three-month sequence of expansion and solid overall, according to the latest RBS Report on Jo

Over the past three months, the average property selling price in Edinburgh, the Lothians, Fife and the Borders was £248,009 – an increase of 2.1 per cent on the previous year. In Edinburgh, the average selling price was £265,748, a 1.8 per cent increase compared to last year.

Credit market data provider Fitch Solutions has agreed to integrate its country and industry research on a global data intelligence platform run by Scottish intelligence business Brainnwave. The partnership will see Fitch Solutions integrate its country and industry research on Brainnwave’s di