News

The Royal Bank of Scotland's latest PMI survey recorded almost no change in business activity across Scotland's private sector for August 2023. The Scotland Business Activity Index slipped from 51.1 in July to an exact 50.0, ending six months of growth. In addition to this, new orders across both th

In a tribute fit for a queen – quite literally – the East India Company, now a luxury lifestyle brand, has unveiled "The Crown Coin", a basketball-sized tribute to the late Queen Elizabeth II, worth a jaw-dropping £18.5 million. The coin was revealed to commemorate the first annive

The Financial Conduct Authority (FCA) has announced it will give some cryptoasset firms extra time to comply with new marketing regulations slated to take effect on 8 October 2023.

At a gala event to commemorate its 40th anniversary, Glasgow-based bookkeeping and accounting educational firm Ideal Schools announced a significant change in its leadership team. Founder Elias van den Akker, known as Al, confirmed his retirement and introduced the company's new managing director, B

Amidst rising costs of living, a new survey by Scottish Building Society has revealed that 85% of Scots have experienced a direct financial impact over the past year. The study, which polled 1,002 savers in Scotland, indicates that inflation across energy, food, and household bills, coupled with flu

The Scottish labour market experienced a significant downturn in August, with surveyed recruiters signalling sharp decreases in both permanent placements and temp billings, according to the latest Royal Bank of Scotland Report on Jobs survey.

Edinburgh-based Nucleus Financial Platforms, an independent adviser platform in the UK, has secured all the requisite regulatory approvals for its acquisition of the Curtis Banks Group.

The administrators of Dundee-based construction services firm McGill, which entered administration for the second time in less than four years in August last year, are taking legal action against its parent company, United Capital Investments Ltd (UC), to recover £442,602.

Dundee-based investment portfolio Ruby Capital, founded earlier this year by entrepreneur Tony Banks, has injected £350,000 into the Scottish Bloody Mary mixer brand, Tongue in Peat.

Private rental prices in Scotland have surged by 5.7% year-on-year to July 2023, according to the latest analysis by DJ Alexander Ltd. This was the highest monthly figure since the data began to be collected in January 2012 and is up from 3.9% in September 2022 when the Cost of Living (Tenant Protec

In a drive to attract international investment, Scottish Financial Enterprise (SFE) has unveiled its new promotional initiative 'From Scotland to the World'. The ‘From Scotland to the World’ campaign was launched at the Scottish Parliament yesterday and comes as Scotland was once again n

Blair Nimmo and Alistair McAlinden from Interpath Advisory have been appointed as joint interim liquidators for Edinburgh-based company Bross Bagels Limited. As of 29 August 2023, the official registered address of Bross Bagels has shifted to c/o Interpath Limited in Glasgow.

Irwin Mitchell and Wright, Johnston & Mackenzie have merged. Irwin Mitchell Scotland operates out of Glasgow predominantly in banking and finance and complex personal injury work. Wright, Johnston & Mackenzie specialises in corporate, private client, property, and asset management.

FinTech Scotland has named Trish Quinn as its new strategic innovation director. Ms Quinn will spearhead the development of the Financial Regulation Innovation Lab (FRIL), set to launch later this year

Gilson Gray has promoted Vanessa Kennedy to the newly established position of director of marketing and business development. The newly created post, which merges leadership of the two functions, will see Ms Kennedy take responsibility for all of Gilson Gray’s marketing and business devel