News

Trade credit insurers have helped UK firms cope with a record level of bad debts, according to the latest figures released by ABI. ABI has found that the value of the average claim made has jumped up by over 200%, to just over £67,000, influenced by the collapse of Thomas Cook.

Business sentiment has surged to an all-time high, according to Deloitte’s latest CFO survey. The Q4 2019 survey, which took place immediately after the December UK general election, showed the largest increase in confidence in its 11-year history.

The number of properties coming to market in Edinburgh, Fife and the Borders has declined as 2019 ends, according to ESPC's latest House Price Report.

Independent bakeries are benefitting from £125,000 from the Scottish Government to help small food retailers face the challenges posed by bigger chains.

Glasgow-based retail promotions company SpaceandPeople has appointed finance chief Graham Bird as non-executive director. Mr Bird was recently appointed chief financial officer of Escape Hunt Plc, a global provider of 'escape room' experiences. He previously led the Strategic Public Equity Strategy

The car which Tupac Shakur was travelling in when he was shot in Las Vegas in 1996 is being sold for $1.75 million.

Scottish tax and business advisory specialists EQ Accountants LLP has promoted Rachel Bell, Scott Greig and Robert Young from principal managers to partners, effective from 1 April 2020. Since joining the firm as trainees, Rachel, Scott and Robert have shown dedication and commitment to th

Standard Life Private Equity Trust Plc has posted strong results following an "active year for new commitments". The NAV total return (NAV TR) for the year was 10.5% versus 2.7% for the FTSE All-Share index and in line with the company’s annualised NAV TR since inception of 10.2%.

Leven Car Company, Scotland’s only Aston Martin and Rolls-Royce car dealership, has gone into administration with Leonard Curtis Business Rescue and Recovery appointed as its administrators.

Brechin-based 3D-printing specialist Angus 3D Solutions have received a £39,000 Regional Selective Assistance (RSA) grant from Scottish Enterprise. The company will utilise the funding to implement a three-year growth plan.

Livingston-based Window Supply Company (WSC) is aiming to treble its manufacturing capacity after it secured a £2 million equity investment from BGF. WSC manufactures PVCu and aluminium windows, doors and conservatories from its manufacturing facility in Livingston, supplying builders, joiners

FinTech Scotland has confirmed that the number of innovative fintech SMEs based in Scotland has grown by over 60% from 72 to 119 over the last twelve months. The announcement comes on the second anniversary since the formation of FinTech Scotland, a joint initiative by a number of financial services

Strathaven-based businessman Andy Aird, who has over four decades of experience in the automotive industry, has been elected to co-ordinate grassroots activity for the Federation of Small Businesses (FSB) in Scotland. Mr Aird, owner of transport consultancy Concierge Vehicle Solutions, has

Law firm Shoosmiths has appointed Fiona Cameron as a banking partner in its Glasgow branch. The move arrives as the firm underlines its strategic intent in the Scottish market with the appointment of two new partners and two associated across Scotland.

Last year marked the “worst year on record” for retail sales in the UK, according to new research conducted by the British Retail Consortium (BRC).