News

Barclays, in its first strategy update in a decade, has revealed plans to cut £2 billion in costs as part of a corporate shake-up aimed at boosting shareholder payouts by £10bn within the next three years.

Alliance Trust PLC has declared a fourth interim dividend of 6.34p per share, marking the Dundee-headquartered fund manager's 57th consecutive annual increase. The increase is up 5.7% on the equivalent dividend of 6.00p paid in the same period in the last financial year. This brings the total divide

Bus company McGill’s has announced it will significantly increase the scale of its partnership with global travel tech company FlixBus this year.

A Scottish CBD-focused manufacturing business has secured a contract to manufacture products for one of the UK’s best known CBD brands after the business owner accessed specialist marketing support from Business Gateway. Established in Perth in 2020, Voyager Life manufactures, supplies and ret

Cumbernauld-headquartered furniture manufacturer Livn Manufacturing Limited has welcomed a six-figure funding package from UKSE, a subsidiary of Tata Steel, that will help the business invest in new technology and IT infrastructure to enhance its operations. Founded by Stephen Connachan in 1995, Liv

Construction work has commenced on a 49.9MW/99.8MWh Pitkevy facility in Fife after global clean energy enterprise TagEnergy reached financial close on the facility, its sixth battery energy storage system (BESS) project in the UK. The project was financed under a non-recourse green loan package

Donald Trump has launched a trainer collection that has reportedly already sold out. The trainers are covered in a gold finish and have been dubbed the "Never Surrender High-Tops. Just 1,000 trainers were released as part of the collection, with each pair numbered and ten of them autographed by the

The Edinburgh International Conference Centre (EICC) has achieved a record profit of £2.6 million on revenue of £12.8m for the year ended 31 December. This result is up from profits of £699,000 profit and revenues of £11.8m in 2022.

Gin distillery Roehill Springs has begun using blockchain technology – essentially a digital ledger – to be completely transparent about the amount, quality, and provenance of the water used in the creation of its spirits. The artisan, family-run distillery in Moray, is using the system,

J.P. Morgan Private Bank has announced it is expanding its footprint in Scotland with the addition of a new team of dedicated advisors in Edinburgh. The new team of dedicated advisors will join the existing team based in Edinburgh and will provide wealth management services to individuals, family of

Springfield Properties is "confident of meeting market expectations" for profitability and debt reduction for the full year to May, the housebuilder said today in its first-half trading update.

Consilium Chartered Accountants and the ICAS Foundation have announced a partnership aimed at fostering social mobility and inclusion within the accountancy profession. The collaboration seeks to create a "staircase of talent", providing financial support, mentorship, and training opportunities to y

Scottish Friendly has announced a strategic partnership with FinTech Scotland, highlighting the growing significance of further developing and improving fintech innovation across all financial services sectors, including life, savings, and investments. By joining forces with FinTech Scotland, Scotti

Real estate finance and investment house TAB has expanded its reach to Scotland, where it is now operating its bridging loan services to customers. TAB will focus on main towns and cities within Scotland catering to all commercial and residential properties.

The Artisanal Spirits Company, owner of The Scotch Malt Whisky Society (SMWS), has reported its membership numbers have grown to over 41,000, a 10% increase in the year ended 31 December 2023.