News

Royal Bank of Scotland is facing a landmark private criminal prosecution for an alleged £128 million fraud based on allegations made by a Scottish businessman that the 73 per cent state-owned bank pushed his firm into administration to benefit from its sale. Neil Mitchell, the former CEO of softwar

Satago, an all-in-one cashflow solution designed by a Dundee entrepreneur and marketed as a more flexible and lower-cost alternative to traditional financing arrangements such as factoring, has secured £4.6 million in funding for its launch. Dundee University graduate’s Steven Renwick, 36, who ha

Entrepreneurial Scotland’s Saltire Scholar programme begins today with its largest cohort to date and for the first time students represents all 17 Universities in Scotland.

The North Sea basin has a two year transformation window in which to ensure a strong, productive and profitable future for the sector, according to senior oil and gas executives interviewed for PwC’s latest report on the future of the troubled industry. The firm’s report entitled A Sea Change, f

Glasgow-based private equity house Maven Capital Partners has supported the management buy-in of Prime Document, a specialist provider of outsourced document management services. Maven said its backing for the move will help the Prime team strategically grow the sales and marketing capability of the

Perth-based specialist property finance broker, The Lending Channel, has recruited an interim commercial director to help spearhead the next phase of their growth strategy. The rapidly growing business announced that Simon Cocker is to join it management team with immediate effect.

June Hanney

Andrew Burns The local authority leaders of Scotland’s seven main cities have issued a collective call for a new working relationship with the UK and Scottish governments to allow them to reach their full economic potential.

https://youtu.be/YJzJCd_pwy8 A new play is to mark the vision of a Dumfriesshire minister who is credited with founding the world's first savings bank.

Police Scotland has paid a total VAT tax bill of £76.5m since its formation in 2013 – and remains the only UK force which is unable to reclaim the tax.

Insurance broker TL Dallas Group has announced the continuation of its plans for expansion north of the Border with a move to new offices for its growing Edinburgh team. The Bradford-based firm, which has been operating in Scotland since 1993 when it established an office in Shetland to build on its

Seven in 10 people who have accessed their pension since new freedoms introduced in April 2015 allowed over-50s free access to their retirement savings did not shop around for different products, according to new research. A Citizens Advice report found that a quarter of consumers (24 per cent) who

Barclays has announced plans for a new £500 million fund to support smaller businesses in Scotland and help plug current finance gaps. The bank said the move will allow it to double its lending to businesses north of the border.

The downturn in the UK oil and gas sector sparked by plumpeting global oil prices could see the number of UK jobs lost as a result top 120,000 by the end of this year, according to a report produced by Oil & Gas UK. The industry body estimates that 84,000 jobs linked to the industry went in 2015