News

Clydesdale Bank owner CYBG has announced that it will close the former Virgin Money HQ in Edinburgh. The closure is part of a restructuring effort which will result in around 330 jobs being lost.

A total of 559 jobs have been saved as Geoff Rowley, Iain Fraser, Tom MacLennan and Phil Reynolds, partners with specialist business advisory firm FRP Advisory and joint administrators of Arjowiggins Fine Papers Limited and Arjowiggins Chartham Limited, have sold the business and assets of both comp

A planning application by S1 Developments for the ‘Skyliner’ site in Leith has been granted approval today subject to conditions.

The Scottish Government has invested £14.7 million in a Glasgow-based satellite company to help create more than 260 jobs in Scotland’s space sector.

The closure of Thomas Cook highlights the woes the High Street faces as traditional bricks and mortar businesses are being squeezed out by online competition, says Apropos by DJ Alexander. The property management business believes that Thomas Cook was a victim of a failure to adapt to the changing m

Shepherd Chartered Surveyors has sold a former Farmfoods outlet in Dumfries to Amber Taverns for an undisclosed sum. The former retail unit will be converted into a new modern pub with Amber looking to open in time for Christmas this year.

A Glasgow-based drinks brand, Bounce Back Drinks, has developed and launched the UK’s first clinically tested drink which aims to revive and replenish the body, thanks to Royal Bank of Scotland (RBS).

Alex Docherty, tax partner at Johnston Carmichael, wrote for The Courier and Advertiser about concerns over farmhouse tax relief.

Wylie & Bisset has advised small and medium-sized enterprises (SMEs) who supply to larger businesses to conduct an urgent review of their business strategy and crisis planning in the wake of the collapse of Thomas Cook. The chartered accountants are urging businesses to conduct such a review in

AG Barr said its 3% share increase is down to shoppers' willingness to pay more for Irn Bru.

Life sciences company ODx is opening a new medical technology research and development centre in Inverness. The opening of the centre will create over 30 highly-skilled jobs within the next three years. The centre will require engineers, microbiologists, data scientists and lab technicians.

UK public finances saw a rare recent improvement in August as the budget deficit (measured in terms of PSNBex) dipped modestly to £6.4 billion from £6.9bn in August 2018, according to EY ITEM Club.

A group of 16 Scotland-based entrepreneurial leaders will travel to the USA next week to take part in a programme at Boston’s Babson College, the world’s number-one ranked school of entrepreneurship. The visit, which will take place from October 1-8 is facilitated by Unlocking Ambition a

London-based fintech startup, Glint, has gone into administration.

Scottish Friendly has announced that it has hired Kirsty Polley as the new head of client services. Kirsty Polley has over 15 years’ experience in financial services, across wealth management and business process outsourcing.