News

Murray Income Trust plc (MUT), a fund managed by Aberdeen Standard Investments, is to double in size to over £1 billion. The board of the £580.9 million fund have agreed head of terms for a combination of the company with the assets of the £642.2 million Perpetual Income and Growth

The number of insolvencies in Scotland dropped by around 10% during lockdown, according to the BBC Shared Data Unit.

Helen Foord, founder of ELE Global, details the financial implications of running a virtual team. COVID-19 has brought the world to a halt, ensuring that without warning, all but the most essential businesses have had to shutter physical locations and close down offices. Complete re-evaluations into

Forres-based Maclean’s Highland Bakery has received a £28,711 grant from Highlands and Islands Enterprise (HIE) to help advance its expansion project focused on growing UK wholesale and international markets. The bakery will also use the funding to invest in new equipment and make effici

Retailers in Scotland lost almost £2 billion in sales during lockdown, according to the latest data from the Scottish Retail Consortium (SRC).

Alan McIntosh calls for an extension to emergency laws aimed at helping Scots who are struggling financially in the midst of the pandemic. As Scotland enters phase 3 of the route map to exit the lockdown, there is a danger of being seduced into believing the Scottish economy will bounce back an

Barclays has taken a £1.6 billion hit from the coronavirus pandemic in the second quarter of this year. The lender posted pre-tax profits of £1.27 billion in the first half of the year, marking a decrease from the £3bn reported the year before.

Scotland’s GDP is confirmed to have fallen by 2.5% during the first quarter of 2020, according to statistics announced today by Scotland's chief statistician.

According to a new poll from The Chartered Governance Institute and governance recruitment specialist The Core Partnership, 52% of respondents will continue to work remotely for the next few months.

A woman has decided to raffle off her house and car for just £1 per ticket.

During the three months of lockdown, Virgin Money, the owner of Clydesdale Bank, saw a near six per cent rise in business lending. On the other hand, personal lending at the bank dropped by 2.7% to £5.2bn, which Virgin Money said was primarily due to lower credit card balances.

M&G Real Estate and its property developer partner Qmile Group have secured a 280,000 sq ft pre-let with Baillie Gifford for its £350 million Haymarket Edinburgh development. Baillie Gifford has agreed to take the accommodation on a 20-year lease and will relocate to its new head office in

Rackit, a North Ayrshire-based storage and handling solutions business, has secured a £1 million funding package from Royal Bank of Scotland to help support the business during the coronavirus pandemic. The CBILS loan will assist with cash flow which has been severely impacted by supply chain

Cumbernauld-based drinks company AG Barr has posted a year-on-year drop in revenues as the coronavirus pandemic continues to wreak havoc on firms across the UK.

Despite business confidence rising by four points during July to -37%, the overall confidence of firms in Scotland remains low, according to the latest Business Barometer from Bank of Scotland Commercial Banking.