News

Glasgow's Allied Vehicles Group has secured a £1.3 million grant from Scottish Enterprise towards a £3.9m project aimed at innovating vehicle conversion processes for hybrid and electric wheelchair accessible vehicles. Visiting the firm this week to witness the company’s growth pla

Real estate advisor CBRE has released its latest figures on the Scottish office market during the second quarter of 2023, showing a shifting landscape.

Stewart Milne Group said today it will resume the process of selling the company after it delivered its best results for almost a decade. The housebuilding business was put up for sale in April last year when its founder and main shareholder Stewart Milne decided to retire after nearly half a c

New research from the Grant Thornton UK LLP's Business Outlook Tracker has indicated that India is a vital target for international growth among mid-sized Scottish businesses. The study highlights that 36% of Scottish business leaders are planning to expand internationally within the forthcoming six

Scottish book publisher Sandstone Press has entered liquidation and appointed Margo McLenan, of McLenan Corporate, as liquidator due to strenuous trading conditions. Founded in 2002, the Dingwall-based firm, known for its diverse collection of fiction and non-fiction titles, has twice been name

Lloyds Banking Group, owner of the Bank of Scotland, has reported a surge in half-year profit despite facing a slowdown in the second quarter due to increased competition for mortgages and savings, as well as higher provisions for bad loans.

Emma Reid, a young financial adviser from north-east Scotland, is making waves in the financial advisory sector as a finalist in two categories at the 2023 Professional Adviser Women in Financial Advice Awards. Shortlisted for the "Financial Adviser of the Year Scotland & Northern Ireland" and "

Edinburgh-based tech firm Grafterr has launched a new platform set to reshape operations within the multi-location hospitality sector. Grafterr Enterprise, a point-of-sale (POS) and management software, is tailored for multi-site food and beverage enterprises, integrating services like POS, customer

FinTech Scotland and Smart Data Foundry have joined forces to launch a UK Fintech innovation challenge in collaboration with UK banks. This innovation challenge seeks to find innovative solutions that will support and strengthen the relationships between Financial Institutions and their SME clients.

Barclays has posted its half-year results, showing a 22% increase in pretax profit to £4.6 billion, for the six months ending 30 June 2023.

Aberdeen-based integrated logistics and materials management firm ASCO has appointed Mike Pettigrew as its new CEO, effective from 2 October. Mr Pettigrew will take over from the incumbent CEO, Peter France, as part of a planned leadership transition.

UK ministers are considering the benefits of 40-year fixed mortgages for first-time buyers who can't afford short-term mortgages. Long-term fixed-rate mortgages offer borrowers the chance to pay at one interest rate for the entire term of the loan ensuring buyers can afford their mortgage payments d

A unique solid gold letter studden with 24 rubies is the iconic item in a new exhibition at the British Museum. The letter reveals some of the history of Myanmar, being sent by the Burmese King Alaungpaya to George II in 1756.

Occupier demand in the commercial property market in Scotland fell flat through Q2 2023, according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor but surveyors appear more optimistic about the market in the three months ahead. A net balance of 2% of respon

A new report from Wealthify has revealed almost three quarters (73%) of the country fall below new Financial Literacy Benchmark, exposing the UK as a weak performer on financial literacy relative to other similarly developed economies such as France, Canada, and New Zealand.