News

Over 10,000 jobs are at stake at HSBC as the bank embarks on a cost-cutting programme. HSBC currently employs around 238,000 people, however, according to the Financial Times, staff reductions are long overdue.

Scotland's largest community-owned wind farm, Stòras Uibhist, has secured an £8.5 million refinancing deal from Lombard and the Royal Bank of Scotland (RBS) securing its operation and other community projects. The 6.9MW wind farm, located on South Uist estate and owned by Stò

Research commissioned by Morton Fraser has found that more than one in three (38%) of medium and large-sized businesses say they have earmarked investment funds secured in the last 12 months to take on new staff. Such investment and commitment to hiring new staff members could help mitigate the impa

Scottish Widows has reversed its stance on a claim that it does not offer stocks and shares Isas to anyone over the age of 74, telling a potential customer he had been given the wrong information when his attempt to invest with the business was refused. Retired engineering lecturer Bob McFarlane had

Berwickshire Housing Association has appointed finance veteran Jim McDevitt as the new convener of the board of trustees. Jim McDevitt joins the housing association after having worked in banking for over 20 years.

Shockingly Fresh, an Edinburgh based start-up, has launched an investor seed round to kick start its expansion to more than 40 sites across Scotland over the next five years. The company plans to build dozens of indoor ‘vertical farms’ across the UK – which can grow up to five time

An evaluation and economic impact assessment carried out by economic consultancy Biggar Economics has found that the Royal Society of Edinburgh (RSE) Enterprise Fellowship programme has added almost £170 million to annual global GVA, including £77m in Scotland. The report, commissioned b

This year’s ‘State of Workplace Happiness’ report by Engaging Works has revealed that employees in Scotland are the least happy at work with one in three saying they are unhappy.

A report published by Halifax has revealed that the annual UK house price slowed to a 77-month low in September, as prices fell 0.4% month-on-month.

Allied Vehicles Group has won a total of three competitive awards at the Glasgow Business Awards 2019, held last Thursday at the DoubleTree by Hilton Glasgow Central hotel. Almost 60 businesses made the final shortlist which was the basis for all the awards, and businesses were judged across 13 cate

The Financial Conduct Authority (FCA) has said that an estimated six million insurance customers pay high prices and are not getting a good deal. The watchdog made the statement following the publication of an interim report into the pricing of home and motor insurance.

Polysol, a Missouri-based plastisol manufacturer, has opened a new production facility in Livingston following a £75,000 investment from Business Loans Scotland.

A Dutch checkers team has been held captive in a hotel in the Ivory Coast due to a dispute over the bill.

Buyers are sought for the purchase of the OYO Beveridge Park Hotel in Kirkcaldy following its move into administration. Twelve people have lost their jobs as the prominent Fife hotel closed its doors for good last weekend.

The Scottish Parliament's Local Government and Communities Committee has given its backing to a bill which proposes the first major reform of business rates in Scotland for decades.