Around 1,500 smaller businesses in Scotland received new financial backing from the British Business Bank in the 2024/25 financial year, in a move expected to generate £800 million in additional turnover. According to the Bank’s second annual Impact Report, the support will provide a &po
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Funding to inspire young people to set up their own business has been increased by more than a third. The Entrepreneurial Education Fund 2025-26 will make up to £1.2 million available for courses and projects that will encourage more young people, from a wide range of backgrounds, to choose bu
Borrowers will find it easier to remortgage, saving time and money, under changes confirmed by the Financial Conduct Authority (FCA). The package of measures is part of a series of reforms the regulator is undertaking to mortgage rules to help people navigate their financial lives and support growth
Scottish councils must be more transparent about how much they spend with small businesses, if Scotland is to deliver on its ambitions to increase spending with local firms, new research has revealed. Gaps and inconsistencies in the way local authorities record their spending with small and local co
Several charities across Scotland are set to share in £1 million of surplus funds following the sale of Balmanno House by Blair Milne and James Fennessey, joint liquidators and partners with Azets. Balmanno House, a registered charity located in the West End of Glasgow which had been providing
The Supreme Court has rejected an appeal from Anna Standish, concluding a high-profile divorce battle with her former husband, ex-UBS chief financial officer Clive Standish, over assets worth nearly £80 million. The ruling upholds a Court of Appeal decision that significantly reduced Mrs Stand
Following today’s announcement that the UK government is determined to build a simpler and seamless tax and customs system, the Institute of Chartered Accounts of Scotland (ICAS) has said it will be closely examining the detail of the plan. Bruce Cartwright CA, CEO at ICAS, said: "We&rsqu
Scottish businesses see little opportunity to increase turnover and profitability over the next 12 months and fear the economic outlook is worsening, according to a new survey of over 500 firms. Nearly six in ten reported being more concerned with inflation (59%) than they were three months ago
Global business process services (BPS) provider Firstsource Solutions has signed an agreement to acquire Glasgow-based Pastdue Credit Solutions, a Glasgow-based debt collection agency.
Scotland's early-stage investment landscape has continued to broaden its international appeal, with 73 investors new to the Scottish market participating in funding rounds during 2024, according to the latest Scotland Newcomer Investors Report from Young Company Finance. The report, which tracks inv
A net zero transition partner has significantly expanded its renewable assets and its services for commercial businesses, thanks to a £3.2 million funding boost from HSBC UK.
Gary Louttit, head of hospitality and leisure at Shepherd Chartered Surveyors, has been elected President of Glasgow Business Club. His appointment follows his nomination by the Club’s board and subsequent approval by its membership at its recent AGM.
A coalition of leading financial institutions including Sword Group, Natwest, Morgan Stanley, Dudley Building Society, The Tipton, Unity Trust Bank, M&G, Pinsent Masons, Tesco Bank, Aberdeen and KPMG have joined forces to launch a UK-wide innovation challenge focused on strengthening operational
A Lanarkshire business has secured a vital NHS Scotland contract for its innovative stoma bag accompaniment after the business owner received support from Business Gateway. Confidence Plus Ltd was founded in East Kilbride in 2019 by Anne Inch and Lisa Crombie, who created ConfiPlus Stoma Pocke
Shepherd and Wedderburn has reported a 10% increase in turnover to £78.3 million and a 20 per cent rise in net profits to £36.1m for the year ending 30 April 2025. Andrew Blain, managing partner, said: “I am pleased we have delivered another year of strong growth. Our performance r