News

Investment to increase broadband speeds for key public buildings – including schools, health and community centres – in Aberdeen has been announced.

John Godfrey Scottish entrepreneurs have benefited from a modest uplift in funding for new businesses but a long term decline of venture capital input still persists, according to the Barclays Entrepreneurs Index, which tracks the UK entrepreneurial lifecycle.

An Aberdeen workboat and marine support firm says its recent £270,000 investment in new vessels to service the £350 million expansion of Aberdeen Harbour will be transformational for the business, helping it quadruple in size within a year.

Carolyn Aitken The public purse is missing out on £10 billion worth of unpaid tax, but that is mostly down to bad management born of ignorance rather than positive attempts to avoid payment, according to accountancy firm Saffery Champness.

Edinburgh-based Aberdeen Standard Investments has announced plans to close the Absolute Return Government Bond fund it acquired as a result of its purchase of Ignis Asset Management in 2014.

Ronnie Hinds Councils are showing increasing signs of financial stress and face even tougher challenges ahead, and three authorities could use up their cash reserves within three years, the Accounts Commission has warned.

Nora Senior The advisory panel of business and economic representatives tasked with creating a fresh strategy for enterprise and skills support in Scotland has been unveiled.

David Lonsdale Four of Scotland’s leading industry groups – representing manufacturing, commercial property, retail and tourism - have united to challenge the Scottish Government to ensure future increases in business rates rise by no more than CPI, rather than the RPI measure of inflation. A sw

Scottish law firm Harper Macleod has been unveiled as the first Scottish partner of Moonshot Academy – the new growth accelerator for post-seed start-ups launched by leading entrepreneurial experts.

Sue Dawe EY has revealed its newest, state-of-the-art UK office in the heart of Edinburgh’s financial district, signaling the firm’s latest investment in Scotland.

Mark Carney Royal Bank of Scotland, which did not pass the Bank of England’s annual industry stress test last year, has done so this time around, a result that the Bank said shows the Edinburgh-based lender has improved its financial position over the last twelve months.

A lawyer who stole clients’ money and contributed to the collapse of a parcel firm has been handed an eight-month jail sentence. David Nightingale, 35, from Cumbernauld, was previously convicted of defrauding clients while working as a defence lawyer. After being struck off he began working as a

John Godfrey Scottish entrepreneurs have benefited from a modest uplift in funding for new businesses, according to the Barclays Entrepreneurs Index, which tracks the UK entrepreneurial lifecycle.

Mark Barnett Edinburgh Investment Trust underperformed its benchmark, the FTSE All-Share, in the six months to the end of September, latest results have shown.

Mortgage approvals weakened to a 13-month low in October, according to the trade association representing the UK finance and banking industry. UK Finance's latest data will reinforce beliefs that there is unlikely to be a sustained, significant upturn in the housing market activity any time soon.