News

New figures revealing that more than half of all Scottish goods exports were sent to Europe in the last quarter have raised concerns about the potential impact of Brexit. According to the latest HMRC regional trade statistics, the value of Scotland’s total annual goods exports increased by 14.

The owner of one of the largest Harris Tweed producers has handed the firm over to its manager for free. Yorkshire businessman Brian Haggas, who took over Stornoway-based Kenneth Mackenzie Ltd in 2006, said he believed Harris Tweed "should be owned and produced by the islands and any profits should

The Programme for Government revealed by the Scottish Government yesterday promised £130 million to be made available this year to set up the Scottish National Investment Bank.

Chartered accountant and business advisory firm Anderson Anderson & Brown (AAB) has been revealed to be the most active dealmaker in Scotland in the first half of 2019.

XPS Pension Group has appointed Ben Gold as head of investment. Mr Gold takes over from Patrick McCoy, who has also received the new role of head of advisory for the pensions and investment businesses.

Marks & Spencer (M&S) is due to drop out of the FTSE 100 index after its value fell below the threshold for inclusion. This is the first time the company will drop out of the index since it was established 35 years ago.

Today, Curve broke through its crowdfunding target and created a new record on Crowdcube by beating its £1,000,000 target in four minutes.

Royal Bank of Scotland has provided a £3.2 million funding package to The Furnishing Service Limited (TFS) to grow the Scottish business’ presence in England and service increase client demands. As well as supplying furniture and white goods to a range of clients, the East Kilbride-based

The dramatic surge in claims for mis-sold PPI before last week’s deadline has led RBS to allocate between £600-£900 million to cover the costs.

The Restaurant Group, Wagamama's parent company, has experienced a £100 million write-down and must put on hold its plans for US expansion of its Wagamama stores. The Restaurant Group has experienced significant losses as part of Britains' casual dining crunch.

Scottish insolvency expert R3 has called for company directors to face identity checks to help reduce business fraud.

Residents of Fort Augustus worry that their town is facing a crime wave because bank closures mean businesses must keep cash on their premises.

A German lawyer who spent 15 years re-enacting episodes of Who Wants to be a Millionaire? was invited to compete in the real show and won the top prize.

Lloyds Banking Group has purchased Tesco Bank's mortgage book for £3.5 billion. The purchase emerges after a ferocious price war which led Tesco to abandon the mortgage market. Lloyds successfully beat competing bids from rivals Santander and Royal Bank of Scotland. 

The Dundee-headquartered investment company Alliance Trust has announced the appointment of Vulcan Value Partners (VVP) as its ninth equity manager. Willis Towers Watson (WTW) was appointed to oversee the investment portfolio two years ago and has overseen eight global equity managers who each have