News

Finance secretary Kate Forbes has said that rapid joint engagement is needed on funding for the COVID-19 response in Scotland following the UK Government's budget. Responding to the UK budget announcement, Ms Forbes said: "While I’m pleased to see the UK Government’s economic response to

Maryculter House, a historic Aberdeenshire hotel, has announced a major refurbishment plan for 2020 with a six-figure investment to support its growth. Maryculter House on South Deeside Road will see all its 40 bedrooms and public areas transformed as part of this significant project which will be c

Assetz Capital has secured funding from British Business Investments (BBI), a commercial subsidiary of the British Business Bank, to help boost UK house building projects. The £15m commitment from British Business Investments will support in excess of £100m of new lending to smaller busi

A businessman who bought a dead man’s membership card for Lord’s Cricket Ground has been fined £10,000.

Business advisory firm Grant Thornton has announced a raft of senior promotions and new hires in its Scottish restructuring and forensic investigations teams, taking the headcount to 20 specialists across its Glasgow, Edinburgh and Aberdeen offices. The team growth is in response to increasing deman

Burges Salmon has appointed Amy McVey as director of the firm's banking team. Building on the successful launch of its Edinburgh office in May 2019, the firm has said that the appointment of Amy McVey demonstrates its further commitment to delivering exceptional service to clients across the UK.

Aberdeen-based technology firm Proserv has appointed Julie Thomson as chief financial officer. Ms Thomson is a chartered accountant with over two decades of experience in the energy sector. Most recently, she held the role of finance director of the Europe and Africa region at oil and gas company We

Yesterday, Chancellor Rishi Sunak delivered his first Budget for 2020/21 in the House of Commons. The budget took into account the economic impact of the recent COVID outbreak and contained measures to mitigate any problems stemming from this.

Livingston-based Optoscribe Ltd, a supplier of 3D glass-based integrated photonic components, has closed its latest investment round led by Archangel.

Galliford Try has been ordered by the Financial Reporting Council (FRC) to restate its 2018 accounts after an investigation found the company should not have recognised an £80 million claim recoverable from Transport Scotland on the Aberdeen Western Peripheral Route (AWPR) contract when it did

David Kent, head of Scotland for innovation funding consultancy Leyton UK, looks at why Scottish firms are missing out on R&D tax relief and what can be done about it. Innovation is a hallmark of many Scottish companies. From oil and gas decommissioning in the North Sea, to biotech companies in

Savills plc, the international real estate advisor, has posted its full year results for the year ended 31 December 2019, hailing a strong year in Scotland. The group's revenue increased by 10% to reach £1.93 billion (2018: £1.76bn), which was driven by a strong performance (+16%) in the

House prices in Scotland rose for the sixth consecutive month, but new buyer enquiries softened after strong growth in January, according to the February 2020 RICS Residential Market Survey.

Key players in the financial services industry are set on a clear pathway towards collaboration, whether they like it or not, according to a new ‘State of the Industry’ report from Barclays Corporate Banking, An ecosystem in transition. Exclusive research from the bank highlights the con

Edinburgh’s first privately-owned safe deposit box service has opened in the West End to give people across the capital, and beyond, somewhere secure to store their valuable possessions, from cash to jewellery and family heirlooms. With the Scottish capital being the area of the country with t