News

A specialist engineering solutions provider which fell into administration earlier this year has set its sights on achieving a £6 million turnover within the next two years after a £750,000 funding facility was provided by Bibby Financial Services (BFS).

Glasgow-based brothers, Chris and Barry Neilson, have opened their first business, Neilson’s Joinery Superstore, thanks to a £50,000 funding package from Royal Bank of Scotland. Neilson’s Joinery Superstore supplies a range of products including timber, doors and windows, in additi

Dundee-based Snappy Shopper has received a seven-figure funding boost with investment from Kelvin Capital, Mercia, the Scottish Investment Bank and the management team. Snappy Shopper is a tech firm with an online platform which helps convenience stores and small corner shops to monopolise on t

PwC has been named among the leading supporters of social enterprises in Scotland after winning the Market Builder award at the Social Enterprise Awards Scotland last night. The awards are the biggest celebration of social enterprise in Scotland, recognising innovation, impact and success in social

A new £2 million ONE Enterprise Fund has been created by Opportunity North East with the Andrew Salvesen Family Trust to support ambitious businesses at key points in their growth. The fund provides interest-free loans, which can be from £10k to £50k in value and are repayable with

The Co-op is set to launch seven new stores in Scotland during November as part of a £4.4 million investment programme which will create 60 jobs.

Holyrood’s finance and constitution committee has set out potential structural issues and the risk of ‘unintended consequences’ within the Fiscal Framework – the mechanism method by which partly determines Scotland’s budget. In its pre-budget report published today, the

The Scottish Retail Consortium (SRC) - KPMG Scottish Retail Sales Monitor for October 2019 has revealed total sales in Scotland increased by 1.0% compared with October 2018, when they had decreased by 0.2%.

The Financial Conduct Authority (FCA) has been forced to take action at its headquarters in Stratford in London, due to 'shameful' sanitary conditions. In a letter to staff posted on the FCA's intranet and seen by The Standard, Georgina Philippou, FCA's chief operating officer, said she was horrifie

The Financial Conduct Authority's (FCA) new rules in the Buy Now Pay Later (BNPL) industry came into force yesterday. The FCA believes that the new rules will save customers between £40-60 million a year in interest payments.

Barclays is offering free in-branch puppy session to soothe stressed students.

Blair Nimmo and Alistair McAlinden of KPMG LLP have been appointed as joint administrators of Corporate Road Solutions 24:7 Limited. Based in leasehold premises at Redmill Industrial Estate in Bathgate, the company was incorporated in October 2005 operating as a road haulage contractor and freight f

Private bank Hampden & Co has hired Andrew Bell as its chief commercial officer. Most recently employed as commercial director, Europe at Aegon Asset Management, Mr Bell will bring broad financial services experience in wealth management, asset management and private banking from senior rol

Tourist sites in Scotland’s rural areas can now apply for a share of £3 million funding aimed at helping them meet the demand of growing visitor numbers.

Statistics relating to the Aberdeen housing market have revealed that the market is once again in a slump after a slight upturn was seen in the second quarter of this year.