News

Steel firm Tata has announced the closure of its two Scottish plants with the loss of 270 jobs as the firm plans to stop production of steel plate across its European business. Tata said today’s announcement comes in response to a shift in market conditions caused by a flood of cheap imports, part

Imtaiz Ali, John Oag and Dawn Younie. A Highland business trio have unveiled a premium new water brand using water extracted from the most famous loch in the world following a six figure investment.

A restored, historic former Glasgow shipyard head office is to open its doors along with a host of other projects that have benefited from loans supplied by the ethical Charity Bank. The Fairfields building in the city’s Govan Road, which was restored with help of the Charity Bank, will be among t

New rules introduced by the UK government have taken their toll on Scottish-based payday lender the Cheque Centre which has just posted losses 70 per cent higher than last year. Results for the Edinburgh-based company, which is owned by US company CNG Financial Corp, said it had pulled out of short-

The Nationwide Building Society has launched a first of its kind support service for people affected by cancer. Britain’s biggest building society and second largest mortgage lender said the new service demonstrates the vital role the financial industry can play in supporting customers with cancer

Levels of ‘critical’ business distress have plummeted in Scotland since last year, according to data released today by business rescue and recovery specialist Begbies Traynor. The data shows a small rise of 4 per cent in the most common medium term indicators of ‘significant’ business distre

Euan Bell of Ultimate Finance Scottish construction firms are being encouraged to use outstanding invoices as leverage to help generate more funding.

Edinburgh-based insurance giant Standard Life has become the latest firm to be included in a new UK-wide league table which ranks the UK’s companies by the value of their intellectual property. Standard Life group’s intellectual property holding arm, Standard Life Employee Services Limited, has

To protect Scotland's relationship with unions, it should be excluded from the entire Trade Union Bill according to the Scottish Government. Cabinet Secretary for Fair Work Skills & Training Roseanna Cunningham has made the request in a letter to the UK Minister for Skills, Nick Boles.

HSBC has provided an East Lothian-based malt extracts producer with a £4.5 million finance package to expand its business. The deal has allowed PureMalt Products to invest in new equipment at its 800-year-old mill in Haddington.

The Scottish government has re-appointed Scots law firm Morton Fraser to provide its debt recovery services. Holyrood awarded the firm the first contract from its expanded Legal Services Framework which went live in August.

(l-r): Kathryn Taylor, one of the Trustees for the Alliance Trust Foundation; Maureen Phillip, PAMIS Director Family Support Service Tayside; Kirsty Thomson, Campaigns, Events, PR and Fundraising Officer for PAMIS; and Mark Thomson, from the Alliance Trust. University of Dundee-based charity PAMIS h

Footfall numbers in Scotland for September were down 0.8 per cent year-on-year but up on the 1.5 per cent fall recorded in August, according to latest data from the Scottish Retail Consortium. September’s performance is the best result for Scottish high streets since February 2015, excluding Easte

Gordon MacIntyre-Kemp A snap poll carried out by Business for Scotland has found 82 per cent support from Scottish SMEs for the UK to remain in the EU.