News

Lloyds Bank has informed its workforce that it will be cutting 780 full-time branch jobs in its latest round of staff cuts.

The number of Scottish Venture Capital (VC) deals agreed last year reached its highest level since 2013, raising a total of £60.9 million, according to a new study by Refinitiv.

HSBC will close a further 27 branches this year due to an increase in customers moving to online and digital banking.

Aberdeen restaurateur Syed Shabbi Ahmed, who funnelled £800,000 of customer payments into a secret bank account, has been banned from running a business for 11 years.

Whisky giant Diageo has issued a profit warning as the COVID-19 (Coronavirus) outbreak intensifies across the globe.

The Financial Conduct Authority (FCA) has admitted to accidentally posting the personal information of an estimated 1,600 people who complained about it on its website. The FCA has issued a statement which says that in a response to a Freedom of Information Act request published on our website in No

Glasgow-based Novel Technologies Holding (NTH) has secured a £500,000 funding package from private equity investment manager Foresight Group. Novel Technologies Holding which has developed an eco-friendly antimicrobial technology, will utilise the funding to help develop an 'anti-smell' fabric

Global packaging business Aldus has agreed to buy API Foils in Livingston, which went into administration earlier this month. The packaging factory, which makes foils and laminates, closed its doors on the 31st of January, causing 107 job losses at the Livingstone factory site.

Metro Bank has announced that it will repay £50 million of bailout funding to RBS. The announcement arrives as the bank altered its strategy after releasing its full-year results and scaled-back its plans for branch expansion over the next few years.

Digital enablement specialist AND Digital has announced its first Scottish office in Edinburgh thanks to an £11 million equity investment from BGF. AND Digital will utilise the investment from BGF to support the company's continued growth and global expansion.

Glasgow-based Houseology, who went into administration last month, has been bought by Staffordshire-based rival furniture retailer Olivia's in a blind auction for an undisclosed sum. Stuart Robb and Michelle Elliot of Leonard Curtis Business Rescue & Recovery Glasgow were appointed joint adminis

A dance student is seeking £500,000 in damages after she suffered debilitating neck and shoulder injuries obtained allegedly from being made to lift a heavier partner.

Edinburgh-based IFA's Principal & Prosper has appointed Barclays as its banking partner to accelerate its long-term strategy following a period of sustained growth. The bank has taken on the independent chartered financial advisers’ transactional banking and cash deposits and the support h

Dunedin, Edinburgh-based mid-market private equity house, has appointed Claire Blackhall and James Morrison into its dedicated research and direct origination team. This new team provides the wider investment team with pre-qualified target companies to approach, as well as the co-ordination of valua

Edinburgh chocolate producer Ocelot is ready for a busy 2020 after installing more tempering equipment, thanks to a £40,000 loan from UMi Debt Finance Scotland. Husband and wife team Matt Broadbent and Ish Neat began by making chocolate in their kitchen and selling it at farmers’ markets